TERMS, CONDITIONS & PAYMENT INSTRUCTIONS
A 5% BUYER’S PREMIUM WILL BE CHARGED AT ALL AUCTIONS
1) The Buyer acknowledges that Buyer has read and agrees to be bound by the auction terms as well as all other terms and conditions set forth in the Buyer Registration Agreement, Auction Catalog, Auction Invoice, Bill of Sale and all other written or electronic terms and conditions provided by Taylor & Martin, Inc. (T&M) in connection with this sale. Any verbal or written announcements of T&M or the auctioneer on the date of sale shall take precedence over any other written or electronic terms to the contrary.
2) Buyer is responsible to ensure that all motor vehicles purchased with emissions alterations are restored in compliance with all state and federal emissions laws and regulations.
3) All non-dealer residents in the states of Nevada, Georgia and Colorado, when auction is conducted in state of residence, are subject to sales tax unless valid exemption forms are presented to T&M. Sales tax is not collected from out of state residents and any such taxes are the responsibility of the Buyer.
4) Payment in full must be made the day of the auction in the form of Cash, Wire Transfer, Cashier’s Check ($5,000 deposits required) or a Company / Personal Check accompanied by a bank letter of guarantee, with terms acceptable to T&M. Any equipment not paid for in full will be listed at the next scheduled auction at the current location. Any loss of value resulting from the resale remains the responsibility of the Buyer. Any gain from original sale price will be retained by T&M for the costs of service to market, sell, store and any interest incurred.
5) All purchases must be removed from the premises no later than 9 days following the auction. Any equipment remaining after 9 days is subject to relocation to a subcontracted facility where transportation and storage fees will be collected prior to equipment being released.
6) Buyers are personally liable for any accepted bids made with their Bidding Number.
7) The highest bidder for each lot shall be deemed the Buyer and legal owner of the lot. There are no refunds, returns or exchanges. In the event of any dispute during the auction, the auctioneer shall have absolute discretion to decide the outcome of such dispute.
8) T&M is not liable for any loss or damage whatsoever arising from any lots that are withdrawn or not presented for sale including, but not limited to, the costs of attendance at auction or any form of lost profit or consequential damages.
9) T&M has described each lot in the catalog based upon information furnished by each consignor and T&M has not independently verified any such information. Each Buyer acknowledges and agrees that it has inspected each lot upon which a bid is being submitted and is not relying upon any representations or warranties of T&M or the Seller. T&M shall have no liability whatsoever concerning any faults, deficiencies or errors of any description, oral or printed, and shall further have no liability concerning the authenticity, genuineness, origin, age, condition or quality of any lot(s). All statements as to all such matters contained in any advertisement, catalog or written or electronic communication are statements of opinion only and shall not be considered or implied as any statement or representation of fact.
10) BUYER ACKNOWLEDGES AND AGREES THAT PROPERTY HAS BEEN INSPECTED AND IS NOT RELYING UPON ANY REPRESENTATIONS OR WARRANTIES OF T&M OR THE SELLER/CONSIGNOR OF THE PROPERTY. BUYER AGREES THAT, EXCEPT AS TO MARKETABLE TITLE FROM SELLER ONLY, EACH ITEM OF PROPERTY IS SOLD “AS IS,” “WHERE IS,” WITH NO WARRANTIES EXPRESSED OR IMPLIED OF ANY KIND, NATURE OR DESCRIPTION INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY, CONDITION (WHETHER OR NOT DISCOVERABLE), USABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR AS TO BRAND, IDENTITY OR QUALITY OF THE UNIT, MATERIALS, COMPONENTS, OR WORKMANSHIP. THERE IS NO REJECTION OR REFUND. IN NO EVENT SHALL T&M OR THE SELLER BE LIABLE FOR ANY LOSS OF PROFITS OR SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES ARISING IN ANY MANNER IN CONNECTION WITH THE SALE OF THE PROPERTY. BUYER ASSUMES ALL RISK OF LOSS TO THE PROPERTY FROM AND AFTER THE TIME THE AUCTIONEER ACCEPTED THE BUYER’S OFFER OR BID.
11) The Buyer assumes all risk of loss to the property from and after the time auctioneer accepts the Buyer’s offer or bid. Buyer shall be responsible to insure all of Buyer’s purchases against all losses from the auction date until removal of such purchases by the Buyer.
12) T&M shall not be liable or responsible for any interruptions, termination or corruption of any audio feed, video feed or of any other internet registration, bidding or other online related service that occurs before, during or in connection with the auction, regardless of the cause of fault attributable to the interruption, termination or corruption of such services.
13) “This agreement will be construed and governed according to the laws of the State of Nebraska and any disputes arising in connection with this agreement and auction shall be subject to the exclusive jurisdiction and venue of the state or federal courts of Nebraska.”
Complete payment due the day of sale by cash, wire transfer, cashier’s check ($5,000 deposits required), personal or company checks will be accepted if accompanied by a letter of guarantee from your bank. This letter of guarantee must include the following: “(Your bank) will guarantee or honor your check up to a specified amount for purchases made at this auction.” All purchases are subject to verification with your bank or financial institution. Immediate possession of all equipment upon proper settlement.
Credit card deposits are also accepted - VISA/MasterCard - $5,000 – if you are the buyer, your credit card deposit will be applied to your purchase. A 3% convenience fee will be added to your invoice. If you are not a successful buyer, your credit card will not be charged.
For complete wiring instructions and any questions, please call 800-654-8280.
Auctioneer License Numbers:
COLORADO: 36846
GEORGIA: AU004173, AU004132, AU004411, AU004415, AU-C002427
ILLINOIS: UDL8963, 441.002148, 441.002113, 441.002435, 444.000291
MISSISSIPPI: 1136F, 1451, 1450, 1579
NEBRASKA: DL-02659, AU00004
NEVADA: 1026289-105, 1000004-846-7, C5982-2001, C5152-1978, DLR000024834
NEW HAMPSHIRE: 6203, 6201
NORTH CAROLINA: NCAL9831, NCAL9832, NCAL10335, NCAL2003, DLR#0072939
PENNSYLVANIA: AU006203, AU006011, AU006058, AY000249L
TEXAS: 17454, 17456, 18027, 18031, P4715X, P43685, P153008X, P153007