Lot # : 1b - Auction Information

Auction Terms & Conditions Auction Terms & Conditions General Information: The placement of a successful bid at KC-J Auction establishes a legally binding contract between the successful high bidder and KC-J Auction. The successful bidder is legally bound to pay for property with his/her bid. ALL ITEMS LEFT AFTER THE END OF THE PICK-UP DATE WILL BECOME PROPERTY OF KC-J AUCTION AND WILL BE RESOLD AT THE NEXT AUCTION NO EXCEPTIONS. (Last day of pickup is the Tuesday following the close of the auction @ 3:00PM CST) WINNING BIDDERS CREDIT CARD WILL BE CHARGED FOR ITEMS PURCHASED AT THE END OF THE AUCTION. Condition of items sold - The auctioneer shall not be responsible for the correct description, authenticity, genuineness of, estimated selling price of, or defect in any lot, and makes no warranty in connection therewith. No allowance will be made or sale set aside on account of any incorrectness, error in cataloguing, or any imperfection not noted. No deduction will be allowed on damaged articles as all goods being exposed for public exhibition are sold "as is" and without recourse. Late Fees - If merchandise is not removed by Tuesday following the closing of the auction the buyer wil incure a $5.00 fee each lot per day (2 lots = $10 per day, 12 lots = $60 per day) Decline Credit Cards - First time will get a $15.00 service charge. Second time will have a $35.00 service charge and a public note on your file. Third time will be a ban from the Auction. If you wish to be TAX EXEMPT you must send your RESALE CERTIFICATE form in 48 hours prior to the END of the auction other wise YOU WILL BE TAXED. This must been done for EVERY auction. Forms may be sent to sales@kcjsales.com The form MUST be a TEXAS SALE AND TAX RESALE CERTIFICATE. ***NO OTHER FORMS WILL BE ACCEPTED.*** ******************************************************************************************************************** ALL NON PAYERS WILL BE BANNED FROM KC-J AUCTION AND WILL BE LISTED ON HIBID AS A NON PAYER. BY PLACING A BID ON ANY ITEM MEANS YOU HAVE ACCEPTED OUR TERMS. THE SUCCESSFUL BIDDER IS LEAGALLY BOUND TO PAY FOR PROPERTY WITH HIS/HER BID. ******************************************************************************************************************** Sales Disclaimer: IMPORTANT NOTICE TO ALL BIDDERS: All merchandise offered in this public auction are offered in an "as is, where is" condition. KC-J Auction does not warrant the condition, quality, or merchant ability of the property, its fitness for any use or purpose, its ability to pass a safety inspection, or its ability to pass a motor vehicle emissions test prior to registration. Efforts have been taken to ensure that the vehicles offered for sale should be acceptable for licensure, registration, and title action by the state department of motor vehicles; however, despite all best efforts, some exceptions may arise. Eligibility of Bidder: The Bidder warrants that he/she is not: a) Under 18 years of age; Reserve: These auctions are conducted with reserve and non-reserve. KC-J Auction reserves the right to approve the final transfer of property the successful bidder, even after the auctioneer states "sold" or after the auction lot closes. KC-J Auction does not/ will not disclose the reserve amount. In addition, KC-J Auction retains the right to reject any bids for any reason or to make counter offers or accept back up offers at their sole discretion. Please note: there will not be a "Reserve Met" or "Reserve Not Met" disclosure during the auction. Preview & Inspection: Bidders are urged to inspect property/merchandise prior to bidding. Failure to inspect shall not constitute the cause for cancellation of sale. Property/merchandise is available for inspection only at place and time specified by KC-J Auction and notated in each vehicle description. Absolutely no access to property/merchandise is allowed without prior KC-J Auction authorization. KC-J Auction may, at its discretion, provide photographs of the property/merchandise as a courtesy to bidders. Bidders are warned against bidding on any lot(s) based solely on the sample displayed or on the basis of photographs. KC-J Auction makes no warranty in relation to these samples or photographs. All persons attending preparation, preview inspection, sale or removal of merchandise assume all risks whatsoever of any damage or loss to person and or property and specifically release the KC-J Auction of any and all liability. No one under the age of 18 will be allowed to enter the auction area. Each registered bidder may have two companions in the auction area. No oversized bags or electronics are allowed in the auction area. "As-Is, Where-Is": These assets will be auctioned AS-IS, WHERE-IS, WITH ALL FAULTS, WITHOUT WARRANTY OR GUARANTEE EITHER EXPRESSED OR IMPLIED, AS TO AGE, YEAR OF MANUFACTURE, MAKE, MODEL, ODOMETER, CONDITION OR ANY OTHER SPECIFICATION. DESCRIPTIONS OF VEHICLES, WRITTEN, PUBLISHED, OR ORAL ARE FURNISHED AS A GUIDE ONLY. NO GUARANTEE AS TO THE ACCURACY OF THE DESCRIPTION IS MADE. The Auctioneer shall not be responsible for the correct description, authenticity, genuineness, or defect in any lot and makes no warranty in connection therewith. No allowance, refund or set aside will be made on account of any incorrectness, error in cataloging, imperfection, defect or damage. Any descriptions or representations are for identification purposes only and are not to be construed as a warranty of any type. It is the responsibility of the buyer to have inspected the merchandise and to have satisfied him or her as to its condition and value and to bid based upon that judgment solely. KC-J Auction does not certify the accuracy of the information presented by any third party company that assist in the sale, and will not be responsible for any error made on their behalf. Some vehicles may have branded titles. Branded titles or odometer discrepancies, when known, are announced and included in the description or noted on the vehicle. Absence of mention of branded titles or remarks does not constitute any warranty or guarantee. Technical Bidding Details: All lots end with a "Soft Close." A "Soft Close" means if any bid is placed within the last three minutes of the close of the auction, the bid will automatically extend the closing time an additional three minutes. Example: If a bid is placed at two minutes until close, it will extend the closing time to five minutes. This feature protects bidders from being outbid without the opportunity to be notified and place another bid before the close of the auction. Placing a "Maximum Bid." Please be aware that when placing your "Maximum Bid", the website will bid on your behalf up to your set maximum bid by the preset bid increment of $25. Example: The current bid is $1000 and the bidder enters a maximum bid of $5000. The system will bid at the preset increment of $25 until the bidders "Maximum bid" is exceeded. At that point the bidder will be notified that he/she has been outbid (if that option is selected when registering). High bidder will only pay $25 more than the competing bidder. Please watch the auction closing time stop clock to determine exactly when the lot will close. Tie Bid Precedence: In the event of a tie bid, precedence is given to the earliest bid. Hypothetical Example: Bidder #1 places a $10,000 max bid on a vehicle that currently has a high bid of $5000. The high bid is now at $5,025. Bidder #2 places a max bid at $7000. Bidder #2 is immediately outbid by the $10,000 max bid and the high bid immediately adjusts to $7,025. Bidder #2 decides to place a $10,000 max bid this time. He does not surpass the initial $10,000 max bid by Bidder #1 therefore he is not the high bidder. In the case of a tie bid, precedence is given to the earliest bid. Note: If you are the higher bidder during a tie and you then decide to increase the bid the system will bid on your behalf to break the tie. Example: You bidder #1 have a high bid at $225 on a lot and the lot bid is at $220. Bidder #2 decides to bid $225 the bid will go to $225 and you Bidder #1 will still be the highest bidder, However if you decide I want my higest bid at $230 then system will always break the tie and bid to $230 to break all ties. Payment: All items must be paid in full within 24 hours (1 business days) from the bid approval email. Acceptable forms of payment are Credit/Debit Cards ONLY. 7012 Belgold Street. Building A & B Houston TX, 77066. NO EXTENSIONS FOR FINAL PAYMENT WILL BE MADE FOR ANY REASON. Unacceptable payment methods: No personal, business, or private issued checks, bank letters, or letters of credit will be accepted or CASH. Bidders should not attempt to finance any purchase through a bank or credit union, nor will the auction company negotiate with any lender. Bidders must have the funds available before placing any and all bids. Payment must be made by the successful registered bidder. Default/Non-payment: The failure to make required deposit or final payments and/or comply with the timeframes specified in the sales catalog/brochure for removal of property shall be deemed forfeiture of any rights, title, and interest the Purchaser may have acquired. The title of such property shall revert back to the Government without further notice to the Purchaser and will result in any monies paid being forfeited. The transaction shall be null and void as to the Purchaser. The property will be processed for resale at the next available auction. In addition, any Purchaser who defaults for non-payment will have their account suspended and bidding privileges revoked as follows: A) Lifetime ban for any occurrence thereafter Refunds: KC-J Auction do not make refunds, adjustments, or returns. All purchases are final. Property/merchandise must be paid in full before removal. A physical hard copy of your property release is required in order to pick up your property. It is the sole responsibility of the buyer to remove the property purchased by the removal date. All property/merchandise in a lot must be released to original buyer at one time. Removal is at the expense, liability, and risk of the buyer. Please do not make flight arrangements or schedule pickups in advance, until you receive authorization via email to do so. Shipping: We do not offer shipping. Please do not bid if you require shipping. Collusion: Practices that eliminate competition, such as collusive bidding, may warrant criminal, civil, or administrative action against the participant(s) and may be referred to the Department of Justice (DOJ) in accordance with 41 U.S.C. 101-45.317.1. Information Disclosure: The Purchaser agrees to the publication of his/her/company registered name, lot number, lot description and purchase price on the U.S. Department of the Treasury auction website. Electronic Freedom of Information Act Amendments of 1996 (5 U.S.C. 552 (2000)). Technical Assistance: To serve you best, please direct all questions via email to sales@kcjsales.com or call 281-883-4393. KC-J Auction accepts no responsibility for loss of connectivity, technical difficulties, or any other circumstances beyond our control. Technical Difficulties and Internet Issues: KC-J Auction has made every reasonable effort to facilitate online bidding. However, it is possible that technical difficulties and internet issues may arise that affect KC-J Auction website, bidding platform, computer, server or the bidder's computer, personal device or software which is beyond the control of KC-J Auction. By registering Bidder acknowledges that KC-J Auction is not responsible for technical difficulties or internet issues associated with a bid and that, in the event technical difficulties interfere with or prevent a bid, it may be necessary to withdraw items from bidding due to technical errors or uncontrollable circumstances. Further, in the event of the occurrence of a technical difficulty during an auction, KC-J Auction in its sole discretion reserves the right to declare an item sold, postpone or cancel the auction, extend the bidding time for this auction (which may re-open bidding on closed items, if any) and/or re-list the property for auction at another date and time. The decision of KC-J Auction on this matter shall be final. Bidder acknowledges that, by registering in any auction held by KC-J Auction. KC-J Auction. Bidder accepts the terms and conditions of this disclaimer. --------------------------------------------- ------------------------------------------ Terms of Use Seller User Terms Bidder User Terms --------------------------------------------- ------------------------------------------