DeBoom Retirement Machinery Auction

Klaassen Realty & Auctions

 

Date(s) 5/25/2021 - 6/22/2021

Items begin closing at 5 PM local time on June 22

Past Auction
Online-Only Auction
Shipping Not Available
Bidding Notice:

This is an internet-only auction. All bidding activity will take place online. Loading assistance only available on pickup date. All items not picked up on that date will be forfeit to owner unless other arrangements have been made prior.

Auction Information
Name DeBoom Retirement Machinery Auction
Auctioneer
Type Online-Only Auction
Date(s) 5/25/2021 - 6/22/2021
Auction Date/Time Info
Items begin closing at 5 PM local time on June 22
Preview Date/Time Inspect June 19 from 9 AM to Noon or by appointment 712-754-3500.
Checkout Date/Time Pickup on June 25 from 9 AM to 1 PM
Location
Buyer Premium 10% with $750 cap per item
Description
Extra sharp line from local retirement. Clean, low hours and best of care and maintenance. Loading assistance on pick-up day only.
All property is sold as is, and ALL SALES ARE FINAL. Property is open to thorough public inspection. It is the Bidders responsibility to determine condition, age, genuineness, value or any other determinative factor. Klaassen Auction may attempt to describe the merchandise in advertising, on the internet and or at a live auction but makes no representations. In no event shall Klaassen Auction be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Bidder shall be the sole judge of value. It is the Bidders responsibility to determine condition, age, genuineness, value or any other determinative factor. This is not an absolute auction unless specifically stated in the auction heading. Specifically, but without limitation, Auctioneer makes no representation or warranty that any of the lots conform to any standard in respect of safety, pollution or hazardous material, or fit for any particular purpose. The Auctioneers, sellers, or any member of their staff make no guarantee as to the authenticity, of any particular age, year of manufacture, model, make, mileage, hours, condition, or defect of any lot or item being sold. Bidders are encouraged to make their own physical inspection and rely solely on that inspection before bidding. Failure to inspect does not negate that Bidders responsibility to perform under the auction terms and conditions. You acknowledge that you have the right and responsibility to inspect the item(s) personally, or to have a third party representative inspect the item(s) for you. REMOVAL OF PROPERTY / SHIPPING TERMS: NO SHIPPING FOR THIS AUCTION. All shipping arrangements must be made privately by buyer. REMOVAL OF ALL ITEMS ON SCHEDULED PICKUP! Any items remaining at auction site after pickup date will be considered forfeited merchandise revert to owner unless other arrangements are made in advance. Purchaser will be charged any and all costs to remove, sell or dispose of items. The purchaser will also be charged an additional $20.00 per item disposal fee per lot. No refunds will be given. There will be loading assistance on pickup date only. PAYMENT OPTIONS: Accepted forms of payment for this auction are CREDIT CARD OR WIRED FUNDS ONLY. There will be a 3.5% electronic fee on all credit card purchases, $35 incoming wire charge fee. Only VISA, MasterCard, American Express or Discover are accepted. Purchaser grants a security interest in purchased items. If, for any reason, payment is not made in full, Klaassen Auction has the right to repossess items, even from private property. PAYMENT TERMS: ALL winning bidders will be charged $1,000 deposit on credit card at conclusion of auction. Wire instructions will be sent to winning bidders at request by email or phone to Klaassen Auction office at 712-754-3500. Sales tax, when applicable, will be charged on both the purchase price and buyers premium. Taxes, fees, shipping, handling, insurance, storage and security charges are Buyers expenses, and will be calculated and rendered due at the sale of the property. Payment must be made in full by the Buyer, immediately upon the completion of the auction by VISA, MasterCard, American Express or Discover or bank wire. If you are from another country other than the US, you must pay in US funds. If action is necessary to enforce the terms of this agreement, purchaser agrees to pay attorney fees and costs associated with collection or action. Interest on overdue amounts will be paid by purchaser at a rate of 2% per month/24% annual, or at such other maximum rate allowed by law. BUYERS PREMIUM: A Buyers premium will be charged on each purchase. A buyers premium, an advertised percentage of the high bid or flat fee added to the high bid will be added to the high bid and become part of the purchase amount at settlement. Buyer agrees to these provisions and will pay the applicable buyers premium. 10% buyer premium with $700 maximum per item charged on all items for this auction! VIEW: Inspection June 19 from 9 AM to Noon at the farm located at 5023 200th Street, Sibley, IA. Please call us at 712-754-3500 for questions. AUCTION TERMS & CONDITIONS VERY IMPORTANT! READ CAREFULLY BEFORE YOU ATTEMPT TO BID. ONCE YOU BID, YOU WILL BE BOUND LEGALLY BY THE FOLLOWING TERMS AND RULES THAT ARE STATED HERE. TERMS GENERAL TERMS: All prospective buyers must be at least 18 years old and are required to register prior to bidding. By placing a bid, the bidder acknowledges he has received, read, and understands and agrees to be bound by the terms and conditions of the auction. The bidder, whether acting as principal, agent, officer or director of a company or otherwise, in any capacity whatsoever, and the company they represent, both jointly and severally agrees to indemnify and save harmless Auctioneer and its officers, directors, employees, agents, attorneys and its consignors, from any and all actions, causes of action, suits, damages, costs, and losses of any nature, including injury and death, arising from the purchase or use of any items, or the attendance or participation of bidder, his/her agents or employees, at the auction and/or on the auction site whether before, during, or after the auction. Auctioneer reserves the right to periodically change the terms and conditions of the Agreement, which shall be effective immediately upon posting. It is the Bidders responsibility to review any and all changes made to these terms and conditions prior to bidding on property. Auctioneer reserves the right to add or withdraw property from the auction, and/or regroup items. Auctioneer reserves the right to sell property absolute or with reserve, at Seller discretion. The Seller does have the right to make the final bid and the Auctioneer does have the right to bid on behalf of the Seller. The auctioneer reserves the right to open the bid as the result of a tie bid or discrepancies in the bid. Bidder must submit information found to be current, complete, and accurate for proper identification. Auctioneer does not sell or rent this information. Auctioneer uses email mailing lists to notify customers about online and live auctions. Customers who do not wish to be notified should contact the office of the Auctioneer and request removal from the email mailing list. Bidder is responsible for security of his/her bidding number/user name and password, and any and all bids placed under the assigned number/ID. Auctioneer should be notified immediately if Bidder believes number and/or password have been compromised. Auctioneer reserves the right to terminate registration, deny any person for any reason permission or access to bid, to reject any and all bids, and to suspend or ban Bidder from bidding, at Auctioneers sole discretion. Bidder registration is not transferable or assignable. Read the descriptions of each lot and view photographs carefully. If you have any questions call Klaassen Auction at 712-754-3500. Using YOUR knowledge and experience, form your own opinion of the property and bid accordingly. If you are in doubt, DO NOT BID. BIDDING IN THE ONLINE AUCTION: Once you are registered and have your User Name & Password, you may place bids as soon as a lot opens for bidding. Your bids are FINAL and constitute a binding contract. Please be aware that lots will close at various times and possibly different days and may be extended. You are responsible for monitoring these close times. Please bid early to avoid disappointment. Bidder acknowledges that hardware malfunctions, software malfunctions, viruses, and similar issues do occur and are beyond the knowledge, scope, and control of Auctioneer. We are NOT responsible for your system malfunctions, connection to the internet or your e-mail client stopping any of our e-mails to you in regard to bid confirmations and/or outbid notifications. An invoice will be sent to your registered e-mail address within 24 hours following the conclusion of the auction. This auction has what is called an "auto-extend" feature, meaning the auction will not close until all bidding parties are satisfied. If any bids are placed within the last 5 minutes of the auction, the bid on lot(s) will extend an additional 5 minutes. The bidding will extend in 5 minute increments from the time the last bid is placed until there are no more bids, and the lot sits idle for 5 minutes. The auction company may, at their discretion, adjust the auto-extend time increment. Auction company employees and/or auction company may bid on auction items. This auction will be a timed online auction with bidding close as the items are closed. *Bidding will open on May 25. *Preview June 19 from 9 AM to Noon at 5023 200th Street, Sibley, Iowa. *Bidding will begin closing on June 22 at 5 PM local. *Pickup will be on June 25 from 9 AM to 1 PM at the farm at 5023 200th Street, Sibley, Iowa. Loading assistance available only at that time.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 49.00 1.00 USD
49.01 - 99.00 2.50 USD
99.01 - 199.00 5.00 USD
199.01 - 499.00 10.00 USD
499.01 - 9,999.00 25.00 USD
9,999.01 - 20,000.00 50.00 USD
20,000.01 - 200,000.00 100.00 USD
Currency USD
Buyer Premium 10% with $750 cap per item
Payment Terms
Payment by credit card or bank wire only in US dollars. See all terms and conditions that apply to this auction! Contact Klaassen Auction offices at 712-754-3500 for wire information.
No shipping offered for this auction.
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.