AN INTERNET ONLY AUCTION! These are the Terms & Conditions you agree to
before placing a bid.
BUYERS PREMIUM: A 15% buyer's premium will be added to
each purchase. If you bid $100.00 at checkout you will be charged $115.00. We
do Offer a 3% Discount in premium for an All Cash Payment.
SALES TAX: Sales Tax will be Collected for this
Auction. Please remit exemption forms via email to info@VanishAuctions.com
before the auction ends.
PICKUP/REMOVAL OF ASSETS
PURCHASED: Bidders are
responsible for their own removal unless arrangements have been made for
shipping or storage. Storage fees start at $10 per item per day including
weekends and can go up depending on size or complexity of item. Palletizing
fees are $30 per standard pallet and $50 and up for oversized pallets and
crates. Bidder must contact the auction company prior to the close of auction
to verify if storage or shipping is available for each auction. Any item NOT
picked up by the set time will be considered abandoned unless arrangements have
been made for shipping or storage. Removal shall be at the expense, liability,
and risk of the purchaser. Purchases will be released upon presentation of a
paid email receipt. Please ensure that movers or anyone picking up items on
your behalf have your paid receipt at the pickup location no items will be
released without a paid email receipt. Bidder further agrees to be held
personally responsible for all purchases made on their bidder number and agrees
that bidder will not charge back items which are not picked up during the
published pickup/removal times. Buyer authorizes VanishAuctions.com to release
buyer's assets to any individual in possession of the buyer's sales receipt.
PAYMENT: Accepted forms of payment include Cash,
Visa, MasterCard, Discover, American Express and Certified Checks. We do Offer
a 3% Discount in premium for an All Cash Payment.
WARRANTY & CONDITION
OF ITEMS SOLD: All items are sold
AS IS, WHERE IS, with NO WARRANTY expressed or implied by the lot number
affixed to the item. This sale is to the business community as
"equipment" & "inventory" without any implied or
expressed warranty. Descriptions are believed to be accurate but not guaranteed.
When you are not certain of the condition or use of an item please bid
accordingly. Buyers are solely responsible for inspecting items during the
scheduled inspection times. Unless otherwise stated in an item description no
items have been tested for functionality. You are bidding on the described item
not the photo.
DEPOSIT: A credit card authorization may be placed
on your credit card on file. This refundable authorization protects everyone
and will not allow prices unnecessarily to be driven up.
BIDDING ERRORS: Increasing your own bids.... please be
aware that many bidders routinely increase their own bid to price an item out
of reach of other bidders. You should immediately review your bids before
submitted. If you mistakenly increase your own bid, place your bidder number in
the bid field, or make a gross error you must immediately contact our office by
email using the contact sheet on our website (we must have your request in
writing) you must remain the high bidder. We will not reverse bids that have
caused another bidder to be outbid. If you bid on the wrong item, we will not
reverse your bid. Please make sure to review all bids before submitting. We
will not reverse bids after the auction has begun to close NO Exceptions.
STAGGERED CLOSING: The online auction closes 1-3 items per
minute. This feature will close the bidding on intervals. This feature works
great with the auto-extend feature to closely emulate a 'live' auction.
DYNAMIC CLOSING: The closing time of an asset is
automatically extended an additional 3 minutes whenever a bid is placed within
the last 3 minutes of the asset's closing time.
BID NOTIFICATION: If you have been outbid you will be
notified by email until the close of the sale. To quickly review your bids and
see if you have won you can utilize the 'review bids' feature. Items that they
have been outbid on will be clearly marked.
NOTIFICATION: If you are
successful in winning an item(s) you will be contacted by email ONLY. You are
responsible for checking your email. If you feel you have won an item and have
not received an email you must notify us by email no later than 9am the next
day. If you do not receive an email invoice, then you did not win any items at
the online auction.
NON-DELIVERY: In the event an item is not available for
pickup, the buyer must, notify our onsite staff and file a claim by replying to
your original emailed invoice noting what was not available within 24 hours of
the pickup date. After 24 hours, the Auctioneer and buyer agrees that no
adjustment or refund will be made.
CAUTION: For demonstration purposes various
equipment may be joined. Do not assume a lot consists of more than one item
simply because they are connected or pictured together. Please inspect the lot
numbers and read the descriptions.
CATALOG DESCREPANCIES: You are bidding on the described item not
the photograph. Occasionally the wrong photo may be displayed, always read the
item description. In the event that a Seller has withdrawn an item from the
sale prior to the close of the auction, Vanish Auctions may leave the item on
the catalog and "buyback" the item on behalf of the Seller to
establish Vanish Auctions earned commission and buyer's premium due to Vanish
Auctions from the Seller."
Buyers that do not
remove their items within the specified removal times will have their bidding
privileges suspended you will be required to contact the administrator to
reactivate your account. (2) Occurrences will result in permanent suspension of
DAMAGE: Any damage caused by a buyer during the preview,
or during the period of removal must be made good by the buyer causing the
damage. Buyer agrees that the credit card on file will be charged for any
expenses and/or repairs to the pickup location or property of another buyer.
IMPORTANT! The Auctioneer
will have the option of reselling, removing, storing or abandoning, at the
expense and risk of the purchase, items not paid for and/or removed within the
specific time. The buyer agrees to pay all deficiencies, legal, collection;
transportation and storage expenses associated with delinquent accounts or
CHOOSE WISELY: We want everyone to get a good deal and
most will. However, when you bid on the wrong item or decide an item is not
suited for your intended use, our clients are not willing to assume the cost of
your mistakes. When in doubt about condition, completeness or suitability for
intended use, please bid accordingly.
The auctioneer reserves the right to add or remove items form the auction.
Split or combine lots; Add minimum bids or reserve prices; Cancel, suspend,
extend or reschedule an individual item and or auction event; Make changes to
the auction closing times or inspection or removal times
CLAIMS: Any controversy or claim arising out of or
relating to this contract and/or agreement, or breach thereof, shall be settled
either in Small Claims Court if the dispute in question amounts to less than
$5,000, or by means of arbitration in accordance with the Commercial
Arbitration Rules of the American Arbitration Association if the dispute
amounts to more than $5,000. In the event of arbitration, judgments upon the
award rendered by the arbitrator(s) may be entered in any court having
jurisdiction thereof. Venue in either case will be Brevard County, Florida.
In the event of a bidder
default and /or chargeback bidder agrees that Vanish Auctions may collect
payment for items, including cost associated with items to be relocated,
discarded or stored, either by arbitration small claims court or state court at
Vanish Auctions discretion, and that any judgments awarded may be applied to
the bidder personally or corporately.
LIABILITY: Auctioneers and Sellers liability shall be
limited to the refund of bidders purchase price
LIMITATIONS: The above-stated terms and conditions of Sale
cannot be altered except in writing by the Auctioneer.