Auction Terms:
Please read the terms carefully as they are a legal binding contract between you and Peak Auction Company.
All disputes will be settled in Hale County, Alabama.
We encourage you to inspect the items in person.
If purchases are not settled within 3 business days of the close of the auction, it is in default. Upon default the bidder will be black listed on Peak Auction Company auctions as well as Hi Bid Auctions and will be charged for the merchandise. Defaulted items will be forfeited back to the owner or Peak Auction Company.
No refunds will be given.
Please check back and review these terms as every time you use this site you are agreeing to the terms as they are written at that time.
Peak Auction Company reserves the right to cancel any auction at any time for any reason.
Payment for auction purchases by Cash, Certified Funds made payable to Auctions by Peak Bank Wire or credit cards up to $2500 max. A 3% credit card fee will be charged on your transaction for credit card payment. Amounts over $2500 must be paid by another form of payment. All accounts must be paid for within 4 days of the auctions ending unless special terms are posted on a specific auction.
There will be a 10% buyer’s premium added to final bid price.
Sales tax collected unless you provide Peak with a copy of your tax resale certificate.
Bidding info- When you bid your max the current bid price doesn't automatically go to your max bid. Someone else has to bid to increase the current price and the computer will automatically bid up to your max in the increments specified.
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 90 seconds of the auction, the bid on lot(s) will extend for 90 seconds. The bidding will extend in 90 second increments from the time the last bid is placed until there are no more bids, and the lot sits idle.
Peak Auction Company has put forth every effort to make accurate descriptions of the items. Printed or verbal statements made by staff are matters of opinion and are made in good faith. However, all items are sold As Is Where IS. You are responsible for your own inspection during inspection periods.
No allowance will be made for errors in cataloging, genuineness, defects, or imperfections not noted.
Peak Auction Company reserves the right to reject any and all bids for any reason.
By Alabama State Law, all auctions are considered with reserve unless they are titled absolute. This is an auction with reserve. The seller, owner, auctioneer, bank or lien holder, or any government agency having an interest in the items in this auction reserve the right to bid on behalf of the seller up to their reserve amount.
Bidder responsibilities include, but are not limited to:
Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account.
When using the web site you must obey any and all local state and federal laws. Violations will result in termination of web site use privileges. We gather aggregate information from this web site which may include but is not limited to: number of page visitors, most visited pages, any and all correspondence.
CREDIT CARD POLICY: Peak Auction Company requires that you use a valid credit card in order to set up a bidding account. By registering with your credit card, you, the purchaser agree to the following credit card terms:
1. I, the buyer hereby authorize the auction company (Peak Auction Company) to charge my credit card that I have set up my bidder account with, for the full amount of my bill, if I do not settle my unpaid account within 3 business days of the auctions ending.
2. I, the buyer, understand the terms of the auction including pickup and payment dates and timelines, and agree that I have placed bids with the intent of abiding by the auctions set terms and conditions.
3. I, the buyer, have been given the opportunity to inspect the items in person and understand the the auction company is selling the items in AS IS, WHERE IS, condition.
4. I, the buyer, hereby agrees to authorize the auction company to charge my credit card for my purchases in the event that I do not show up to pickup my items in person and make other payment arrangements. I also agree that the auction company is not responsible for handling, moving or storing the items I have purchased and that I risk the chance of those items being stolen or damaged if left behind.
5. I, the buyer, hereby agrees to not challenge or deny payment to the auction company for purchases made with the credit card that I have placed on file with the auction company. I fully understand the terms and conditions of the auction and hereby agree to this Credit Card Policy or I will not place bids with this auction website.