Magic Valley Auction

 

Date(s) 2/17/2021 - 3/17/2021

WEDNESDAY, MARCH 17, 2021. First Lot Begins Closing at 6:00 PM MST

Past Auction
Online-Only Auction
Bidding Notice:

THIS IS AN INTERNET ONLINE AUCTION ONLY. Please call or stop by if you are having bidding problems. We are happy to help. Magic Valley Auction is not responsible for technical issues that may arise preventing the buyer from placing a bid. **BIDDERS PLEASE BE AWARE YOUR BIDDING TIMES WILL SHOW IN EST (Eastern Standard Time), HOWEVER THE AUCTION WILL CLOSE AT 6PM MST (Mountain Standard Time).**

Auction Information
Name SPRING 2021
Auctioneer
Type Online-Only Auction
Date(s) 2/17/2021 - 3/17/2021
Auction Date/Time Info
WEDNESDAY, MARCH 17, 2021. First Lot Begins Closing at 6:00 PM MST
Preview Date/Time MONDAY March 15th - 9 am - 5 pm MST TUESDAY March 16th - 9 am - 5 pm MST WEDNESDAY March 17th - 9 am- 4 pm MST
Checkout Date/Time THURSDAY March 18th - 9 am - 5 pm MST FRIDAY March 19th - 9 am - 5 pm MST SATURDAY March 20th - 9 am- 5 pm MST Contact MVA to arrange other pickup/loadout dates and times
Location
Buyer Premium Buyer's Premium is 10%
Description
SPRING 2021 OPEN CONSIGNMENT - WEDNESDAY, MARCH 17, 2021, ONLINE ONLY AUCTION-ABSOLUTE AND UNRESERVED. BIDDING OPENS FEBURARY 17, 2021. FARM, DAIRY & HEAVY EQUIPMENT, TRANSPORTATION, BUSINESS LIQUIDATIONS, TOOLS, ETC... AUCTON BEGINS TO CLOSE WEDNESDAY- MARCH 17, 2021 AT 6PM MST 10% BUYER PREMIUM UP TO $1000 PER ITEM BIDDING OPEN!
BUYERS' TERMS AND CONDITIONS 1. ALL SALES ARE FINAL. BUYERS ARE ENCOURAGED TO INSPECT ITEM BEFORE BIDDING. 2. ALL ITEMS ARE SUBJECT TO A 10% BUYERS PREMIUM PER ITEM UPTO A $1000.00. 3. NO WARRANTY: ALL ITEMS ARE SOLD AS IS, WHERE IS, WITH ALL FAULTS, AND WITHOUT GUARANTEE OR WARRANTY OF ANY KIND. While descriptions are believed to be accurate, neither Magic Valley Auction, LLC nor the seller make any warranty or guarantee, expressed or implied. Magic Valley Auction shall not be held responsible for advertising discrepancies or inaccuracies. All sales are final. No warranties are made as to the merchantability of any items or their fitness for any purpose. 4. FULL PAYMENT IS DUE WITHIN 72 HOURS OF THE AUCTION CLOSING AND PRIOR TO ITEM REMOVAL. U.S. Funds Only: Cash, Cashier's Check, Credit Card, or Wire Transfer payable to Magic Valley Auction, LLC will be accepted. Credit and Debit Cards will be charged a 4% convenience fee. A charge of $25.00 will be added to any Wire Transfer to cover bank fees. Personal or company checks must be accompanied by a bank letter of credit guaranteeing payment. Bank drafts will not be accepted. Any invoice not paid within 3 days from the sale day will be charged a 10% late fee, unless prior arrangements are made with Magic Valley Auction. NO PERSONAL, BUSINESS CHECKS OR CREDIT CARDS WILL BE ACCEPTED FOR: (A) ANY TITLED ITEMS; OR (B) ANY INVOICES OVER $5000.00. **ALL INVOICES FOR: OUT OF STATE BUYERS; TITLED LOTS ; AND/OR INVOICES FOR $5000 OR MORE REQUIRE CERTIFIED FUNDS- CASHIER CHECK, BANK LETTER OF GUARANTEE OR BANK WIRE** 5. DEFAULT OR NON-PERFORMANCE PENALTY- Bidder acknowledges that AN ADDITONAL 15% of the full amount of the invoice will be charged as a DEFAULT PENALTY (with a minimum of $500) in the event of any default or non-performance of the purchase of any item that is the subject of a Bidder's winning bid unless cured within 10 days after the auction.. If said default or non-performance is not remedied within ten days of the auction, CREDIT CARDS ON FILE WILL BE CHARGED THE FULL AMOUNT OF INVOICE together with the additional fee set forth in this paragraph. FINANCING AND INSPECTIONS need to be completed prior to Bidding. Magic Valley Auction and/or sellers reserve the right to pursue legal remedies. BY PLACING A BID, THE BIDDER UNDERSTANDS IT CANNOT BE RETRACTED AND AGREES TO THIS LEGAL NOTICE. 6. At the time the buyer has won the bid, the buyer is deemed the owner, and has full and sole responsibility of the item(s) at this point. Removal and shipping of the equipment and inventory is the buyer's sole responsibility. Buyer must supply their own handling equipment and personnel. The buyer is responsible for any damage that occurs during removal. It is the buyer's responsibility to secure all equipment to meet all applicable government safety standards in using or removing items purchased. 7. No item on any account, shall be removed or shipped prior to full payment. Removal shall be at the expense, risk, and liability of the buyer. Magic Valley Auction shall not be responsible for items not removed within the time allowed when applicable. If items are not removed within the specified removal time, buyer shall be liable for moving and storage costs incurred, or the item(s) may be deemed abandoned and sold. 8. The buyer shall not be entitled to possession of any of his purchases until total purchase price for all his purchases have been fully paid, and in the event the purchaser fails to pay the full purchase price for any lot within the prescribed time or fails to comply with other sale terms, Magic Valley Auction shall retain a possessory lien on all items/lots of the buyer, and have the right to resell such lots by public or private sale after seven days without notice of any kind to the buyer. Any deficiency arising upon the resale, together with all expenses thereof, shall be paid by the buyer. Any auction deposit shall be retained by Magic Valley Auction and applied towards the deficiency. Forfeiture of the deposit does not release the buyer from full payment. 9. Any account disputes claims must be made prior to removal of item(s). No adjustments will be allowed after purchased item(s) are removed from the premises. 10. Sales Tax will be added to the purchase of all taxable items sold. Tax will be collected on the final bid amounts and buyer premiums. Dealers who purchase for resale must present their resale tax certificate to Magic Valley Auction during bidder registration/prior to time of payment. 11. Titles are subject to Idaho rules and may differ from other states and may require further processing by the buyer. MVA/seller is not responsible and may not be able in some cases to provide documentation required by other states. 12. Buyer(s)/Purchaser(s) does hereby indemnify and hold harmless Magic Valley Auction, their agents and seller from any and all damages, claims or liabilities from injuries to persons or property of any type whatsoever caused during the sale or by the removal or shipping of item(s) purchased. 13. Magic Valley Auction and the seller shall have no liability to the buyer of any item for non-delivery of any purchased item(s), other than the return of the buyer's deposit or payment on the item(s) if applicable. 14. Any announcement made on the day of the sale supersede all printed material. Magic Valley Auction reserves the right to reject the bid of anyone who is not a registered bidder. 15. Magic Valley Auction shall have no responsibility for internet bidding interruption or delays beyond control. Internet bidders are aware that due to the nature of the internet, delays in transmission could result in failure of the system to recognize your bid. BY ACCEPTING THE TERMS AND CONDITIONS OF THIS AUCTION, YOU ARE ENTERING INTO A BINDING CONTRACT AND IF YOU'RE THE HIGHEST BIDDER ON ANY ITEM YOU WILL BE REQUIRED TO PAY FOR THE ITEM(S) IN ACCORDANCE TO THE TERMS SET FORTH IN THE TERMS AND CONDITIONS OF SALE. BIDDER/BUYER AGREES TO CHARGE THE CREDIT CARD ON FILE FOR LATE INVOICES, LATE FEES, STORAGE, DEFAULT PENALTIES AND ANY EXPENSES INCURRED IN PURSUING PAYMENT.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 490.00 10.00 USD
490.01 - 975.00 25.00 USD
975.01 - 2,450.00 50.00 USD
2,450.01 - 4,900.00 100.00 USD
4,900.01 - 9,750.00 250.00 USD
9,750.01 - 19,500.00 500.00 USD
19,500.01 - 998,999.99 1,000.00 USD
999,000.00 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium Buyer's Premium is 10%
Payment Terms
ALL ITEMS INCLUDING TITLED VEHICLES ARE AS SOLD "AS IS, WHERE IS," WITH OR WITHOUT INSPECTION. PLEASE INSPECT VEHICLES PRIOR TO BIDDING. MVA is Not a Retail Lot. We are an Online Consignment Auction. It Is the Responsibility of The Buyer to Inspect Items Prior To Bidding. INVOICE ARE SENT VIA EMAIL: Invoices wiil be emailed to winning bidders after the auction is completed. PLEASE HAVE YOUR INVOICE NUMBER TO EXPEDITE PAYMENT. ALL INVOICES MUST BE PAID PRIOR TO PICKUP/LOADING OF ITEM(S). ALL INVOICES ARE DUE BY THE SATURDAY FOLLOWING THE AUCTION BY 4PM MST. A 10% LATE FEE WILL BE CHARGED TO ALL INVOICES NOT PAID WITHIN 72 HOURS OF AUCTION CLOSING. DEPOSIT AND BIDDING PRIVILEGES FORFEITED AFTER 72 HOURS OF NON-PAYMENT.
ALL BUYER INVOICES MUST BE PAID PRIOR TO PICKUP/LOADING OF ITEM(S) THURSDAY March 18th - 9 am - 5 pm MST FRIDAY March 19th - 9 am - 5 pm MST SATURDAY March 20th - 9 am- 5 pm MST Contact MVA to arrange other pickup/loadout dates and times Buyer(s)/Purchaser(s) are solely responsible for all shipping and freight arrangements and costs. Magic Valley Auction DOES NOT PROVIDE SHIPPING.
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.