2020 Fall Consignment Liquidation Auction

LEAP Auctions LLC

 

Date(s) 8/17/2020 - 10/16/2020

Live Virtual Auciton 10-16-2020 at 10 am

Past Auction
Bidding Notice:

Bidding is offered by multiple online platforms it will be simulcast through Proxibid and Hibid and on LEAP AUCTIONS OWN PLATFORM.

Auction Information
Name 2020 Fall Consignment Liquidation Auction
Auctioneer
Type Live Webcast Auction
Date(s) 8/17/2020 - 10/16/2020
Auction Date/Time Info
Live Virtual Auciton 10-16-2020 at 10 am
Preview Date/Time Preview by apointment only
Checkout Date/Time Please contact auction compamy for check out expectations.
Location
Buyer Premium Buyers Premium is Tiered
Description
LEAP Auctions has been commissioned by several entities to liquidate estates, Business holdings and Personal equipment for Local Customers. Listings Include John Deere & other Tractors, Excavators and Bulldozers, Ag and Construction Implements and Some oilfield and service truck items as well. We will be starting at 10AM and we will sell until its all come through. Be on top of anything you want to own.
This is an Online Live Virtual Auction All Items Sold as is where is, subject to sellers conformation ( some items will be sold offsite) with no warranties expressed nor implied. PAYMENTS: Are due on the day of the auction!!! Wire transfers are due within 1 business day. Cash only accepted on the business day following auction! Preapproved checks are accepted with a bank letter of guarantee only within 24 hrs of auction ending. Credit cards will be processed for all online buyers whose invoice total is less than $1,000, at the end of business on sale day subject to all fees and taxes and no refunds will be given for sales tax exemptions. Please inform us if you are tax exempt. Texas Sales tax is 6.25% with TERP tax 1.5% applying to those pieces with 50 hp diesel engines, or greater (all vehicle and trailer taxes will be collected at the time of registration NOT AT THE AUCTION) All items with a transferring title are subject to $25 processing fee Buyer's Premium is incremental (sliding scale, compounding). 10% up to $1,000 and 5% upto $10,000, and 3% on remainder. All premiums are based on the onsite and cash discounts being incurred. Online buyer's fee add 3% and all balances processed on credit cards will incur an additional 4%. All items are subject to being pulled from the auction up to and including day of the auction for any reason that auction company deems fit. Any items not picked up within the described window and/or prior arrangements have not been made and acknowledged with Auction Company in writing, then the item will be subject to all transportation, handling fees and storage fees and the items will be retagged and resold at the Auction Companies digression through the auction process, and at the new owner's expense. All fees and charges including storage and commissions will be deducted from the sales price and the balance will be sent to them in the form of a company check mailed to their address on file. All items are sold AS IS WHERE IS with NO warranties expressed, implied, nor suggested in relations to the condition, merchantability, or usefulness of any item offered for sale. All information is gathered from what is believed to be reliable sources and is believed to be correct, but not guaranteed. Bidders will hold harmless LEAP Auctions LLC and its representatives, as LEAP Auctions LLC assumes no liability for errors or omissions in the listing including hour meter and mileage readings, they are represented but unverified information and accuracy is not guaranteed. LEAP Auctions LLC will attempt to describe the merchandise, accurately. It is the Bidder's sole responsibility to determine condition, age, genuineness, and value of each piece. Any and all statements made by the auctioneer supersede anything previously mentioned or described in print or verbally. Any item is subject to being pulled from the auction up to and including day of the auction for any reason auction company deems fit. Please call prior to sale day and biding with any questions or concerns. Pre inspections are always welcomed. Items will be available for preview based upon the times noted in the descriptions. Previewing the items is always recommended prior to bidding as all bidders are solely responsible for personally inspecting the item and verifying any information presented here or elsewhere. Items and their descriptions are subject to change, correction, updating and/or cancellation at any time without notice. This auction is being performed on site and simulcast on an internet platform ran and controlled by an independent 3rd party, and as such the functionality is in no way the responsibility of LEAP Auctions LLC, thus no bidder may hold LEAP Auctions LLC responsible for missed bids nor technology challenges experienced prior to or on day of auction. It is encouraged that in order to guarantee your bid is received that you place your maximum bid via the proxy bid option 24 hours in advance. It is the Bidder's responsibility to know which item they are currently bidding on. No items will be released under any circumstances unless all cost, fees and taxes are paid in full and all signed paperwork has been returned. This is a reserved auction and will be a live virtual auction and live biding will take place on auction day. ALL SALES ARE FINAL! Any items not picked up within the described window and/or prior arrangements have not been made and acknowledged with Auction Company in writing, then the item will be subject to all transportation, handling fees and storage fees and the items will be retagged and resold at the Auction Companies digression through the auction process, and at the new owner's expense. All fees and charges including storage and commissions will be deducted from the sales price and the balance will be sent to them in the form of a company check mailed to their address on file. LEAP Auctions LLC is licensed and regulated by the Texas Department of Licensing and Regulations. Any unresolved complaints should be directed to the Department at 920 Colorado Drive, Austin, TX 78701, 512-463-6599. Kinney Lester TX Lic# 17746
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9.00 1.00 USD
9.01 - 22.50 2.50 USD
22.51 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 4,900.00 100.00 USD
4,900.01 - 9,750.00 250.00 USD
9,750.01 - 24,500.00 500.00 USD
24,500.01 - 49,000.00 1,000.00 USD
49,000.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium Buyers Premium is Tiered
Payment Terms
PAYMENTS: Are due on the day of the auction!!! Wire transfers are due within 24hrs. Credit cards will be processed for all online buyers whose invoice is less than $2,000 at the end of business on sale day subject to all fees and taxes and no refunds will be given. Buyer's Premium is tiered. 8% on first $10,000, 6% on 10,001-25,000, 4% on the balance. All premiums are based on the 4% cash discount and 4% online fees not being incurred. Online buyer's fee add 4% and all balances processed on credit cards will incur an additional 4%..
Contact Auction Company for Pick up
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.