Closing of first items begins at 1:00 pm
Auction Terms and Conditions
NOTICE: All assets are selling on an item-by-item basis.
Special Terms: All assets sell "AS IS WHERE IS" with no warranty. There shall be no guarantees or warranties, expressed or implied, statutory or otherwise as to the merchantability, or fitness of batteries. While the assets ran when received they may have been sitting for an extended period.
Inspection: All the assets will be available for inspection: By Appointment Only.
Asset Pick up: Due to COVID-19, pick up time for the auction is by appointment only May 6-10, 2024. Please feel free to contact us with any questions. We appreciate your patience and understanding during this situation.
Assets are located at:
10833 Dixie Hwy.
Walton, KY 41094
Buyer Premium: A 12% Buyer Premium will be added to the high bid amount to determine the full purchase amount. By example, if your high bid is $1000.00 your full purchase amount will be $1120.00.
Payment: Payment must be made in full in USD within 3 business days of the auction invoice being sent. Payment may be made by wire transfer only. You will be emailed an invoice within 48 business hours of the auction conclusion to the email address you registered with.
Disclaimer: Asset IQ, LLC does not guarantee the authenticity of listed equipment hours. Hours are listed as shown on equipment.
Removal, and Storage. Removal will vary depending upon the method of payment as follows:
" Payment by Wire Transfer: Unit may be removed upon confirmation from our bank that the transfer was completed. Normally 12 to 24 hours.
After paid in full the buyer may remove the vehicle by appointment May 6-10, 2024.
The vehicles MUST be removed by 4 PM on May 10, 2024. If the vehicle is not removed by this time, storage charges in the amount of $50 per day will be charged at Buyer's expense which must be paid before the vehicle is removed from the premises. Buyer hereby grants Asset IQ LLC an irrevocable power of attorney to remove and/or store purchased vehicle at Buyer's expense. The vehicle shall not be released until Asset IQ LLC has received payment in full in good, cleared funds.
Title. The vehicle is selling free and clear of any and all liens. A clean and marketable title will be mailed to the Buyer within 30 days of the auction conclusion. A Bill of Sale will be issued upon receipt of payment in full. The title will be sent to the Purchaser by Certified Mail, Return Receipt.
Licensing fees. In addition, the Buyer shall be responsible for all licensing fees required by their state at the time of title transfer.
Insurance. Insurance of all vehicles purchased shall be the Buyer's responsibility. Buyer is advised to place insurance on the vehicle prior to removal.
"AS-IS" - no warranties. The vehicle is being sold "AS-IS, WHERE-IS, WITH ALL FAULTS, and as the bidders believe them to be". Bidders are responsible to inspect the vehicle prior to bidding and satisfy themselves as to the condition of the vehicle and all other matters relating to the vehicle, including without limitation, year, make, model, options, engine, drive, condition, value, quality, authenticity, and auction description.
Special Terms: All items sell "AS IS WHERE IS" with no warranty. There shall be no guarantees or warranties, expressed or implied, statutory or otherwise as to the merchantability, or fitness for any particular purpose of any goods offered in this sale. Some items sell subject to lease payoff amount. Some items may be available for sale prior to auction. Assets are subject to additions and deletions.
It is the Bidder's responsibility to determine condition, age, genuineness, value or any other determinative factor. Asset IQ, LLC may attempt to describe the merchandise in advertising, on the internet and at the auction but makes no representations. In no event shall Asset IQ, LLC 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.
Bidders who bid from off site and have not previewed the item(s) in person understand and acknowledge that they may not be able to inspect an item as well as if they examined it in person. It is the Bidder's responsibility to determine condition, age, genuineness, value or any other determinative factor. Asset IQ, LLC shall make every effort to describe in detail each item and any pertinent information about it. Asset IQ, LLC will not be responsible for any errors or omissions in the description of the merchandise. Bidder agrees that everything is sold as is and that they may not return any item they purchase for any reason.