Warranties: All items sold in the auction are sold AS IS - WHERE IS with no warranties or guarantees either expressed or implied. All information provided on lots sold in this auction is believed to be correct.

Buyer's Premium:

There will be a 13% buyer's premium (10%) if paying in cash or equivalent) added to all winning bid prices and is subject to all applicable sales tax

Inspection Times:

Monday February 15th
8:15am - 2:00pm

Removal:

Removal days will be February 16th and 17th from 8am - 5pm
When you receive your invoice at the completion of the auction there will be a link to our scheduling system that will display all the available pick up time slots. We will only be allowing 5 bidders every 15 minutes to keep wait times down and help maintain the safety of our customers and staff.
Forklift assistance will be available as needed

If items are not removed by 5:00pm on February 17th, a $25 fee will be charged. Any items not picked up by the removal deadline are considered abandoned and bidders may not have access to said items or be permitted to participate in future auctions.

Payment Terms:

Payments under $1000 will be automatically charged to the credit card on file, immediately following the auction
Payments over $1000 can be made by bank wire transfer, cashier checks, cash deposited directly into a Chase Bank branch or by credit card
Payments by bank wire transfer, cashier checks or cash at a Chase Bank will receive the 3% reduction off the buyer's premium
Please call our office for our banking information

Re-Listing Fee:

If your auction purchases are not paid for by the specified deadline the credit card on file will be charged a re-listing fee of 15% of the total bid price(s), or $10, whichever is greater (not to exceed $100).
Those individuals not paying will not be permitted to participate in future auctions

Sales Tax:

The tax rate for this auction is 4.75%
Applicable sales tax will be added to all purchases except the following Exemptions:
- Dealers re-selling similar equipment with a valid retail sales tax license & businesses with tax-exempt status (we must have a copy of your current license on file)
- Items being exported will have the taxes refunded if we get a dock receipt within 2 weeks of the auction

Reffel Metals Foundry