Online Only Auction
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Price Realized:
650.00 USD
Shipping Not Available
Date(s)
11/20/2023 - 12/17/2023
AUCTIONEER INFORMATION
Bidding Notice:

The LIVE auction will occur on Saturday, December 16 at 10:00 AM. The ONLINE auction will close on Sunday, December 17 at 10:00 AM.

Auction Notice:

For details on the LIVE auction, visit www.richardaolson.com.


Information
Lot # 5
Group - Category Construction & Farm - Shop / Warehouse - Industrial Machines
Lead Pexto Foot Shear Model 137
Description
SN: 137-L. Maximum Cutting Length 37 in., Maximum Thickness Capacity 16 Ga. Mild Steel, Approx. Weight: 750 lbs. There is a forklift onsite to assist with moving/loading.
Name The Hot Rod Barn - Liquidation Auction
Auctioneer
Type Online-Only Auction
Date(s) 11/20/2023 - 12/17/2023
Auction Date/Time Info
The first lot will begin to close Sunday, December 17 at 10:00 AM CT.
Preview Date/Time All the ONLINE items are also available to preview during the live auction the day before. Call us to schedule another time to preview and we will put you in touch with the Seller.
Checkout Date/Time Items must be removed within 10 days unless other arrangements were made. We will contact winning bidders after auction.
Location
Buyer Premium 13% BP; 3% BP Discount Cash/Check
Description
The Hot Rod Barn – Liquidation Auction ONLINE ONLY AUCTION - Sunday, December 17, 2023 @ 10:00 AM Dynometers – Forklift – Scissor Lift – 2-Post and 4-Post Lifts – Fabrication Equip – Industrial Equip. Address: 2467 E Laraway Rd, Joliet, IL 60433 Over 25 years in business, The Hot Rod Barn is the area’s premier shop for modernization, performance, and restoration on vintage muscle cars. We will be conducting both LIVE and ONLINE auctions the weekend of December 16-17 to liquidate all the fabrication equipment, Dynometers, 2-post lifts, equipment, supplies, parts, forklift, air compressors, office equipment, tools and more. The LIVE auction will occur on Saturday, December 16 beginning at 10:00 AM where we will sell a majority of the items in person. Auction to be held inside their heated facility. Food/Beverages available onsite. For a list of items to be sold LIVE, visit www.richardaolson.com. The ONLINE auction will consist of approximately 20 items and will close on Sunday, December 17 at 10:00 AM. All the ONLINE items are also available to preview during the live auction. ONLINE bidding is now active @ www.bidluckyauctions.hibid.com. Bidders at the LIVE auction will be able to leave absentee bids in person for any ONLINE auction items. There will be NO vehicles sold. Tools & Equipment are in good operating condition coming out of a state-of-the-art facility. Don’t miss this auction! Seller: The Hot Rod Barn (Joliet, IL) 815 – 941 – 9551 Auction conducted by Richard A. Olson & Associates, Inc. and Lucky Auctions, LLC. Dick Olson – Richard A. Olson & Assoc, Inc IL License #440.000585 Erik Olson – Lucky Auctions LLC IL License #441.001909 531 Bedford Rd, Morris, IL 60450 (815) 942-4266 www.richardaolson.com www.bidluckyauctions.com
THERE IS NO SHIPPING BEING OFFERED AT THIS AUCTION. THIS IS A PICK UP ONLY AUCTION. TERMS AND CONDITIONS -- Online Personal Property Auction. Please review this document carefully. This document creates certain legally binding contractual obligations. In order to register and receive access to the interactive online bidding platform, a Bidder must accept and acknowledge these Terms and Conditions. 1. Any bid placed shall constitute a legally binding and enforceable offer to purchase the subject personal property. All bids therefore constitute an irrevocable offer to purchase and shall remain valid and enforceable until the Seller declares the property "Sold" and the auction has concluded. 2. Auctioneer reserves the right to reject any bid placed. Auctioneer agrees to timely advise any bidder of a rejected bid. 3. The Winning Bidder covenants and agrees to purchase the subject personal property at the price of the winning bid, and upon the terms and conditions hereinafter provided. 4. Within 24 hours of the close of the auction event, the Winning Bidder for the property shall receive an e-mail from Lucky Auctions, LLC (info@bidluckyauctions.com) which will detail a date, a time, and a location for the retrieval of the subject personal property, subject to further specific arrangements of the parties. 5. At said appointed date, time, and location, the Winning Bidder shall pay the full purchase price for the property by means of cash, Illinois check, or credit card. Auctioneer may charge the credit card of the Winning Bidder's Invoice if he/she fails to appear at the appointed pick up time and date. 6. Failure to appear at the appointed date, time, and location by the Winning Bidder, shall be considered an act of default by the Winning Bidder, and the Seller shall be entitled to pursue any and all legal and equitable remedies against the Winning Bidder which are available to Seller pursuant to the laws of the jurisdiction of the State of Illinois. In the event Seller and/or Auctioneer file suit against Winning Bidder, Seller and/or Auctioneer shall be entitled to recover all reasonable attorneys' fees, costs and expenses incurred. 7. By registering and bidding, the Buyer acknowledges that they have submitted themselves to the personal jurisdiction of the State of Illinois. Buyer acknowledges that any and all disputes shall be governed by Illinois Law, conflicts of law provisions notwithstanding. 8. Time shall be of the essence as to all of Buyer's obligations. 9. Auctioneer reserves the right to resell any personal property not paid in full within seven (7) days of the auction's closing date. 10. The Seller, Broker, Auctioneer and their representatives, attorneys, agents, and sub-agents, assume no liability for errors or omissions in this or any other property listing or advertising or promotional/publicity statements and material. The Seller, Broker, Auctioneer and their representatives, attorneys, agents and sub-agents, make no guarantee as to the accuracy of the information herein contained or in any other property listing or advertising or promotional/publicity statements and material. 11. The Property is sold in its "AS IS" condition with all faults and limitations and no warranties expressed or implied, and Seller and Auctioneer specifically disclaim any and all implied warranties, including the warranty of fitness for a particular purpose. All Bidders are encouraged to inspect the Property prior to placing any bid and the Winning Bidder, as Buyer, acknowledges that he/she/it has had a reasonable opportunity to inspect and examine the condition of the Property and make inquiries of knowledge persons. All information was derived from sources believed to be correct, but it is not guaranteed. Bidders shall rely entirely on their own information, judgment, and inspection of the Property and records. 12. No Credit Card Chargebacks. The bidder agrees that they will not, under any circumstances, initiate a credit card chargeback with respect to any purchases at the Auction. 13. By registering and bidding, the Buyer acknowledges they understand, accept and agree to these Terms and Conditions. 14. Seller and Auctioneer cannot, and will not, be held responsible for any interruption in service, errors, and/or omissions, caused by any means, therefore they cannot guarantee continual, uninterrupted or error free service as the website could be interfered with by means out of their control. Bidder acknowledges that the online auction is conducted electronically and relies on hardware and software that may malfunction without warning. 15. The Registered Bidder acknowledges receipt and copy of these Terms and Conditions and having read and understood the provisions set forth therein, accepts same and agrees to be bound thereby. www.bidluckyauctions.com
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 99.00 1.00 USD
99.01 - 197.50 2.50 USD
197.51 - 295.00 5.00 USD
295.01 - 990.00 10.00 USD
990.01 - 49,975.00 25.00 USD
49,975.01 - 499,500.00 500.00 USD
499,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 13% BP; 3% BP Discount Cash/Check
Payment Terms
Invoices are emailed within an hour after the auction closes and we will contact the winning bidders to arrange payment and pickup schedules. Check Spam Folder after auction if you did not receive invoice. 3% Discount for Cash/Check is applied at checkout.
No Shipping. There is a forklift on-site to assist with loading.