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Category: TERMS (8 records) Archive: Machine Shop Equipment - Internet Only Auction - April 8th, 2013 6:00pm

Lot Photo Description Price
1A
Inspection: April 8th from 9am - 4pm at the auction location in Longmont or by appointment w/ Bruce at 970-214-6988.  We urge you to conduct a thorough inspection of the items before placing any bids.
1B
This is an INTERNET ONLY auction with staggered ending times. The first 2 lots will close at 6:00pm on Monday, April 8th. 2 lots will close each minute thereafter. Items receiving bids within 3 minutes of closing will remain open as long as there is active bidding. You may also place your maximum bid price and the system will bid for you up to your maximum bid but no higher. Please call our office with any questions, 303-289-1600.
1C
Items receiving bids within 3 minutes of closing time will remain open as long as there is active bidding.
1D
Buyers' Premium: A 13% Buyers Premium will be added to the bid price of all items or lots. The Buyers Premium is taxable. (3% reduction is available - see payment terms)
1E
Payment: Full payment required in cash, certified funds, bank wire transfer, checks subject to approval by TeleChek, Visa, MasterCard or Discover Card. (A 3% reduction off of the stated buyers premium is given for payments in full in cash, cashier check, bank wire transfer or check with a letter of guarantee from the bank.) Payments will only be taken at Roller Auctions office in Denver or online via credit card.  NO payments will be taken at the auction location in Longmont.
1F
Removal: All purchases must be removed at buyers expense and responsibility on April 9th & 10th from 9:00am - 4:00pm.
1G
Helpful Hints: This auction will close at a rate of 2 lots per minute. Below you will find some hints/tips that will help you keep up.

 

  • Place a bid now on any and every lot that you have interest in even if it's at the $2.50 starting bid. Although this may not be a reasonable bid when it comes to the ending price it will sell at it, it enables you to click on the 'Review Bids' button at the bottom of the page, once logged in, to view those lots on which you've placed prior bids. This will enable you to view only the lots you are interested in.
  • Once the auction begins to close (6pm on 4/8/13) you will see an 'Open Items' link at the top of the page. This is an important feature many people don't notice. Clicking on this link will enable you to have the system only show those lots which have not yet closed including those that are in extended bidding. This will help in those situations that you're bidding on a lot that's in extended bidding and future lots you have interest in are beginning to close. They will be shown much closer together using this Open Items feature. Just a note, this will also refresh your screen.
  • Using maximum bids is another way to help stay on top of your bids. Using the maximum bid column allows the system to bid for you at the next bid amount without you needing to monitor the auction.
  • Grouped Ending: You'll notice on some of our auctions that certain lots will show up as a GROUP. All lots within this group must have a period of 3 minutes of inactivity before any item in the group will close. This is done to give the buyers the ability to choose which of the assets they prefer and bid on that one without losing the opportunity to bid on their 2nd choice, 3rd choice, etc.

1I
Use this lot to place practice bids. Feel free to experiment here with placing max bids, current bids or both. Call our office with any questions. 303-289-1600 or 866-515-1668.