THIS IS A COMPLETED SALE
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OLO Impastato Racing Retirement Auction - Chesterfield, MI
Previous Page Listing ID#: 1395869
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Auction Location |
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Chesterfield, MI 48051 |
Auction Dates and Times |
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Bidding Starts: Thursday Apr 28 Bidding Ends: Thursday Apr 28 |
Auction Type |
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![Kraft Auction Service Kraft Auction Service](https://www.GoToAuction.com/img/logo/large/thumb_1470456511_showimage_cgi.jpg)
Company Information |
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Kraft Auction Service Contact: Jonathan Kraft Phone: 219-973-9240 Email: kraftauctioninfo@aol.com Website: www.kraftauctions.com GoToAuction.com ID#: 1980 View company information and listings |
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Listing Terms and Conditions |
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Basic Auction Terms: Credit card on file will be run for payment. 15.4% buyer's premium. 7% Indiana Sales Tax. Everything sold as is. Not responsible for accidents or items after sold. All items must be removed by scheduled removal times, no exceptions! No refunds for items not picked up.
Auction Terms & Conditions Conditions of Sale
Kraft Auction Service LLC. AS AGENT
The lots listed in this catalogue will be offered by Kraft Auction Service LLC. as owner or as agent for consignor(s) subject to the following terms and conditions. By bidding at auction you agree to be bound by these Conditions of Sale.
BEFORE THE SALE
Prospective buyers are strongly advised to personally examine any property in which they are interested before the auction takes place.. All lots are sold AS IS and without recourse and neither Kraft Auction Service LLC. nor its consignor(s) makes any warranties or representations, express or implied with respect to such lots. Neither Kraft Auction Service LLC. nor its consignor(s) makes any express or implied warranty or representation of any kind or nature with respect to merchantability, fitness for purpose, correctness of the catalogue or other description of the physical condition, size, quality, rarity, importance, medium, material, genuineness, attribution, provenance, period, culture, source, origin, exhibitions, literature or historical significance of any lot sold. The absence of any reference to the condition of a lot does not imply that the lot is in perfect condition or completely free from wear and tear, imperfections or the effects of aging. No statement, whether written or oral, and whether made in the catalogue, or in supplements to the catalogue, an advertisement, a bill of sale, a salesroom posting or announcement, the remarks of an auctioneer, or otherwise, shall be deemed to create any warranty, representation or assumption of liability. Kraft Auction Service LLC. and its consignor(s) make no warranty or representation, express or implied, that the purchaser will acquire any copyright or reproduction rights to any lot sold. Kraft Auction Service LLC. expressly reserves the right to reproduce any image of the lots sold in the catalogue.
AT THE SALE
Refusal of Admission: Kraft Auction Service LLC. has the right, at our complete discretion, to refuse admission to the premises or participation in any auction and to reject any bid.
Registration before Bidding
A prospective buyer must complete and sign a registration form and provide identification before bidding. We may require bank or other financial references.
Bidding as Principal
When making a bid, a bidder is accepting personal liability to pay the purchase price, including the buyer's premium, all applicable taxes and all other applicable charges, unless it has been explicitly agreed upon in writing with Kraft Auction Service LLC before the commencement of the sale that the bidder is acting as agent on behalf of an identified third party acceptable to Kraft Auction Service LLC., and that Kraft Auction Service LLC. will only look to the principal for payment.
Absentee Bids
We will use reasonable efforts to carry out written bids given to us at least 24 hours prior to the sale for the convenience of clients who are not present at the auction in person, by an agent or by telephone. Bids must be placed in U.S. dollars. If we receive written bids on a particular lot for identical amounts, and these are the highest bids on the lot at the auction, it will be sold to the person whose written bid was received and accepted first. Execution of written bids is a free service undertaken subject to other commitments at the time of the sale and we do not accept liability for failing to execute a written bid or for errors and omissions in connection with the written bid.
Telephone Bids
On lots with a low estimate of $500 and above and if a prospective buyer makes arrangements with us prior to the commencement of the sale we will use reasonable efforts to contact them to enable them to participate in the bidding by telephone and we do not accept liability for failure to do so or for errors and omissions in connection with telephone bidding. These telephone bids may be recorded at the discretion of Kraft Auction Service LLC.
Online Bids
We will use reasonable efforts to carry out online bids and do not accept liability for equipment failure, inability to access the Internet or software malfunctions related to the execution of online bids.
Reserves
Some lots in the sale are subject to a reserve which is the confidential minimum price below which such lot will not be sold. Reserves are agreed upon with consignors or, in the absence thereof, the absolute discretion of Kraft Auction Service LLC. The auctioneer may open the bidding on any lot below the reserve by placing a bid on behalf of the seller. The auctioneer may continue to bid on behalf of the seller up to the amount of the reserve, either by placing consecutive bids or by placing bids in response to other bidders. With respect to lots that are offered without reserve, unless there are already competing bids, the auctioneer, in his or her discretion, will generally open the bidding at half of the low estimate for the lot. In the absence of a bid at that level, the auctioneer may proceed backwards at his or her discretion until a bid is recognized, and then continue up from that amount.
Auctioneer's Discretion
The auctioneer has the right at his or her absolute and sole discretion to refuse any bid, to advance the bidding in such a manner as he or she may decide, to withdraw any lot, and in the case of error or dispute, and whether during or after the sale, to determine the successful bidder, to continue the bidding, to cancel the sale or to reoffer and resell the item in dispute. If any dispute arises after the sale, our sale record is conclusive. This auction permits bids to be placed by the auctioneer, an employee of the auctioneer, or the seller or an agent on the seller's behalf and is permitted to do this by providing this disclosure to you the bidder.
Successful Bid
The highest bidder acknowledged by the auctioneer will be the purchaser. In the case of a tie bid, the winning bidder will determined by the auctioneer at his or her sole discretion. In the event of a dispute between bidders, the auctioneer has final discretion to determine the successful bidder or to reoffer the lot in dispute. If any dispute arises after the sale, the Kraft Auction Service LLC. sale record shall be conclusive. Title passes upon the fall of the auctioneer's hammer to the highest acknowledged bidder subject to the Conditions of Sale set forth herein, and the bidder assumes full risk and responsibility.
AFTER THE SALE
Buyer's Premium
In addition to the hammer price, the buyer agrees to pay Kraft Auction Service LLC. a buyer's premium and the applicable sales tax added to the final total. The buyer's premium for purchases made via online bidding is fifteen point four percent(15.4%) of the hammer.
Payment
The online buyers must pay the entire amount due (including the hammer price, buyer's premium, all applicable taxes and other charges) immediately at the conclusion of the sale. The credit card on file will be run immediately after the sale is concluded. If payment is declined, payment must be made the next day in U.S. dollars may be made with cash; credit card (Mastercard, Visa, Discover, American Express); bank check or cashier's check drawn on a U.S. bank; money order; or wire transfer unless other arrangements are made with Kraft Auction Service LLC. Kraft Auction Service LLC. reserves the right to hold merchandise purchased by personal check until the check has cleared the bank. The purchaser agrees to pay Kraft Auction Service LLC. a handling charge of $50 for any check dishonored by the drawee.
Collecting Purchases
Once Kraft Auction Service LLC. has received all funds due to us, the buyer shall collect purchased lots on the posted pick-up days from the auction. Any items not picked up on those days, will automatically be forfeited.
Packing and Shipping
We ship all winning items for buyers at the buyer's expense. We charge $25 per hour for labor to pack items, cost of packing material, and actual shipping cost.
Home delivery is also available at an additional cost to the buyer.
ONCE YOU BID AND BUY THE ITEM, IT IS YOUR ITEM AND YOU ARE RESPONSIBLE. WE DO NOT REFUND BUYERS FOR ITEMS BECAUSE SHIPPING WAS TO EXPENSIVE.
For large items we are unable to ship in-house, we recommend:
Navis Pack and Ship Joliet, IL. Office Phone: 815-630-5673 Email: gtourville@navisjoliet.com
Non Payment
If we do not receive payment in full, in good cleared funds, within 24 hours following the sale, we are entitled in our absolute discretion to exercise one or more of the following measures, in addition to any additional actions available to us by law:
a.) to impose a late charge of one and a half percent (1.5%) per thirty (30) days of the total purchase price
b.) to hold the defaulting buyer liable for the total amount due and to begin legal proceedings for its recovery together with interest, legal fees and costs to the fullest extent permitted under applicable law
c.) to cancel the sale
d.) to resell the property publicly or privately with such terms as we find appropriate, to resell the property at public auction without reserve, and with the purchaser liable for any deficiency, cost, including handling charges, the expenses of both sales, our commission on both sales at our regular rate, all other charges due hereunder and incidental damages. In addition, a defaulting purchaser will be deemed to have granted us a security interest in, and we may retain as collateral security for such purchaser's obligations to us, any property in our possession owned by such purchaser. At our option, payment will not be deemed to have been made in full until we have collected funds represented by checks, or in the case of bank or cashier's checks, we have confirmed their authenticity.
e.) to offset against any amount owed
f.) to not allow any bids at any upcoming auction by or on behalf of the buyer
g.) to take other action as we find necessary or appropriate
Failure to Collect Purchases
If property is not picked up within the pick-up days following the sale, whether or not payment has been made, Kraft Auction Service LLC. reserves the right to charge $5 per lot per day or to deliver said property to a public warehouse for storage at the purchaser's expense. Kraft Auction Service LLC shall have no liability for any damage to property left on its premises for more than the stated pick-up days following the sale. In addition, we reserve the right to impose a late charge of one and a half percent (1.5%) per month of the total purchase price if payment is not made in accordance with the conditions set forth herein. For property that is not picked up after thirty (30) calendar days, an additional administration fee of $75 will be charged. Property which is paid for but left on our premises for any reason in excess of sixty (60) calendar days is subject to sale by us with the balance of any funds recovered in excess of storage charges and any other fees being remitted to you.
LIABILITY
Condition Reports
Kraft Auction Service LLC. is not responsible for the correctness of any statement of any kind concerning any lot, whether written or oral, nor for any other errors or omissions in description or for any faults or defects in any lot. Neither the seller, ourselves, our officers, employees or agents, give any representation, warranty or guarantee or assume any liability of any kind in respect of any lot with regard to merchantability, fitness for a particular purpose, description, size, quality, condition, attribution, completeness, authorship, authenticity, rarity, importance, medium, provenance, exhibition history, literature or historical relevance. Except as required by local law any warranty of any kind whatsoever is excluded by this paragraph. Items under $1,000 are collated upon request.
Purchased Lots
If for any reason a purchased lot cannot be delivered in the same condition as at the time of sale, or should any purchased lot be stolen, mis-delivered or lost prior to delivery, Kraft Auction Service LLC. shall not be liable for any amount in excess of that paid by the purchaser.
Legal Ramifications
The rights and obligations of the parties with respect to these Conditions of Sale, the conduct of the auction and any matters connected with any of the foregoing shall be governed and interpreted by the laws of the jurisdiction in Indiana. If any part of these Conditions of Sale is found by any court to be invalid, illegal or unenforceable, that part shall be discounted and the rest of the conditions shall continue to be valid to the fullest extent permitted by law.
Discretion
Any and all of the conditions may be waived or modified in the sole discretion of Kraft Auction Service LLC
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Listing Information |
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Online Only
Impastato Racing
Business Retirement Auction
Bidding Begins to Close April 28th @ 5:30pm EST
Auction Preview: April 28th 10am-4pm
Auction Pick-up: April 29th 9am-4:30pm "Forklift Available for Loading"
Located at 56305 Precision Dr Chesterfield, MI
Sunnen Honing Machines - Engine Building Equipment - Tools - Fixtures
Auctioneer's Note: This is the cleanest engine shop we have ever sold. Impastato was a one man shop, and all the equipment was run by Vincent. He took great care and the equipment is for a new owner. Don't miss this auction!
Terms: Credit card on file will be run for payment. 15.4% buyer's premium. Everything sold as is. Not responsible for accidents or items after sold. All items must be removed by scheduled removal times, no exceptions! No refunds for items not picked up.
Kraft Auction Service
Jonathan Kraft AU10500173
219-973-9240 ~ Info@KraftAuctions.com
KraftAuctions.com
1000 Light-Up Impastato Racing Engines Sign Advertisement 48" x 23.75" 1001 Impastato Racing Engines Advertisement Sign Hard Plastic 46.25" x 22.25" 1002 Sunnen CV-616D Vertical Cylinder King Honing Machine 57" W x 58" D x 83" H 1002 Partial 55gal Barrel of Sunnen Honing Oil. Feels about 2/3 to 3/4 full 1004 Metal 3-Tier Cart *Deck Plates Not Included* 46.5" W x 28.75" W x 35" H 1005 Industrial Rolling Shop Cabinet measures 27"x22"x37" 1010 1013 Kwik-Way Model FN Boring Machine w/Air Table. Includes custom vacuum system on back of unit. 1016 BHJ Offset Boring Plate Aluminum Big Chevrolet .030 Offset 27.75" x 6.5" 1027 *Everything Bottom Shelf, Nuts Bolts Straps Flex-Hone Ball Brush Multi-Purpose Lubricant 1028 Metal 2-Tier Cart *Items Not Included* 41" L x 24.5" W x 32.25" H 1029 Sunnen LBB-1699 Precision Honing Machine. Owner is the original owner, and purchased new. Machine runs. 1030 Honing Mandrel For Sunnen LBB-1699 Precision Honing Machine. Includes Reamer and rack. Bidding on one times the qty in this lot. 1031 Honing Mandrel For Sunnen LBB-1699 Precision Honing Machine. Includes stand. Bidding on one times the qty in this lot. 1032 Honing Mandrel For Sunnen LBB-1699 Precision Honing Machine. includes stand. Bidding on one times the qty in this lot. 1033 Honing Mandrel For Sunnen LBB-1699 Precision Honing Machine. Bidding on one times the qty. 1034 Sunnen AG-300 Precision Gage. Fits Precision Honing Machine LBB-1699. 1035 Lyon Steel Single Door Industrial Cabinet. Measures about 15"x21"x34" 1037 Sunnen Product Display Board w/Pin Inserters, Guide Bushing, and Reducing Rings. Product Included. Measures about 51.5"x24" 1040 Machinist's Precision C-Clamps. Bidding on one times the qty. 1041 1042 Starrett No. 161D Parallel Clamp. Bidding on one times the qty. 1046 Custom Hand Crank Whirlygig Tooling Block. 8" wide x 6.5" tall. 1047 Custom made Tooling Clamps. Bidding on one times the qty. 6.25" long. 1049 Lot of Various Bolts and Sleeves and other Machining Parts 1052 Steel Stamp Set. Numbers & Letters. Bidding on one times the set. 1059 131" Wide Steel Industrial Cabinet. **Contents NOT Included** ***PLEASE NOTE... Cabinet is Not Available For Pick Up Until AFTER 3:00pm On The Last Day of Load Out. 1061 Kwik-Way SV Valve Seat Grinder w/two extra Rego-Fix Collets. 1065 1067 Vtg Sears Rolling Stand Fan. Bidding on one times the qty. One works, the other hums. 1068 Flat of Sunnen Honing Stones-Various sizes CR & ML/KL Series. Boxes are full to partial full. 1070 ARP Rod Bolt Kit. Includes (2) Chevy 400ci, and (2) Ford Boss 302-35j. Bidding on one times the kit. Also includes partial Chevy kit 1072 ARP V8 Rod Bolt Kit. Bidding on one times the kit. Includes Pontiac, and Chrysler 1073 ARP Rod Bolt Kit. Includes a Big Block Ford, 289-302 Ford, Olds, and Chevy. Bidding on one times the qty. 1075 Flat of Various Expansion Plugs & Bushings by Pioneer. Boxes are full to partial full 1076 Flat of Expansion Plugs, Dowel Pins and more by Dorman and Pioneer. Boxes are full to partial full. 1082 Various Used & New Camshafts. Bidding on one times the shaft. 1089 Tub of Various Hose Couplers. Bidding on one times the tub. 1090 Custom Steel V-Block. Measures about 8.5" x 5 3/8" x 3.75". Bidding on one times the qty. 1093 60" Green Industrial Work Table. Contents NOT Included. Attached bench vise NOT included and is being sold in lot 1093A. 1093 Connecting Rod Vise. Vise it currently attached to work bench(not included), and will need to be removed by winning bidder. 1094 1097 Sunken Heavy Duty Cap and Rod Grinder Model CRG-770 measuring 22" x 10" 1103 Contents of Shelf including Paint, Cleaning Supplies, and more 1105 Lot of Tools on Wall including Double Stop Calipers, Leather Holder, and more 1106 Industrial Metal Table measuring 81" x 25 1/4" x 24 1/4" *table only* 1107 Industrial Metal Table measuring 72 1/2" x 28" x 34 1/4" *table only* 1108 Contents on Shelf including Work Lights, Head Lamps, and more 1109 Cast Iron 305 Small Block Chevy Z28 Cylinder Heads *bidding times the quantity* 1111 Contents of Shelf including Piston Ends, Pipe Cover, and more 1112 Big Block Chevy 402 Oval Port Cylinder Heads *bidding per item* 1113 Contents of Shelf including Piping, Electric Desk Lamp, and Valves 1114 Contents of Shelf including Spark Plugs, Springs, Bushings, and more 1115 Contents of Shelf including Guide Liners, Tool Shelf Hooks, and more 1116 Contents of Shelf including Sanding Discs, Epoxy Cutters, and more 1117 Metal Shelving Unit measuring 36 1/2" x 18" x 75 1/2" *contents not included* 1121 Craftsman 16 Gallon Shop Vac with Hose and Attachments 1128 1129 Industrial Metal Rolling Cart measuring 36 1/2" x 23 1/4" x 26 3/4" *contents not included* 1130 *Everything On Shelf, Pro-Blend Racing Lubricant Silver Seal Block Seal 16oz 1131 *Everything On Shelf, Roller Lifters Oil Restrictor Dart Engine Bearings Chevrolet Cadillac 1132 *Everything On Shelf, Oil Pump Bolt Seal Kit MSD Trigger |
Photo Gallery
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