ON-LINE BIDDING TERMS

TERMS

Wilson Auction & Realty Co., Ltd. has put forth every effort in preparing the catalog for this auction to provide accurate descriptions of all items. ALL ITEMS ARE SOLD “AS IS” “WHERE IS”.  Wilson Auction and the sellers provide NO warranty or guarantee either expressed or implied in the description or nomenclature. The items available at this auction are sold to the highest bidder on an “AS IS - WHERE IS” and “WITH ALL FAULTS” basis.  By placing a bid and/or purchasing the assets, the offeror acknowledges that he, or she, or an agent, have inspected all the assets upon which a bid has been placed.  The seller expressly disclaims any warranty as to the fitness or usability of all the assets offered herein, and by placing a bid the offeror expressly waives any claim in respect to the possible future use of any asset purchased for any purpose whatsoever.  We encourage buyers to avail themselves of the opportunity to make inspections prior to bidding.  You, as a bidder, should determine for yourself the actual, proper description, count, and usability of the products.  Wilson Auction reserves the right to group, reduce, add or delete lots as well as advance, accept or reject any or all bids.  All items are described in general and all counts are approximate.  The auction company reserves the right to refuse service to any person.

**Condition of online auction items** All high bids are considered legal binding contracts and all sales are final. The working condition of an item may not be known and may not always be listed in the items description. Sometimes we do know and list the condition of the items, but many times do not. No refunds will be given! Please note that if an item(s) is not paid for within 2 days and picked up within 10 days from the date of the auction, unless specified otherwise in the items description or in writing from the auctioneer, the item(s) and bidder will be in default, and the item(s) may be resold by the auctioneer. Any deficiency will become the expense of the high bidder who defaulted. This amount will be immediately due and payable upon the resale of that item. The auctioneer will notify the defaulted bidder of this amount, and take any legal collection actions, including charging the credit card on file, and/or the use of an attorney or collection agency for this deficiency.  

Wilson Auction & Realty Co., and its auctioneers are licensed in the State of Ohio by the Dept. of Agriculture, 8995 E. Main St., Reynoldsburg, OH 43068
This auction is conducted in compliance with all auction laws of the State of Ohio.

Vehicle Titles

Titles for the registered vehicles should be available in ten (10) to thirty (30) business days, they will be mailed by certified mail to the address you registered with.  Your vehicle purchase will be titled in the name used at registration, either the individual’s name or the company name.

Inspection Times – 348 E. US Highway 24, Reynolds, IN 47980

Tuesday, January 7^th   10:00 a.m. – 2:00 p.m.

Thursday, January 9^th   10:00 a.m. – 2:00 p.m.

Monday, January 13^th   10:00 a.m. – 2:00 p.m.

Payment

18% BUYERS PREMIUM is added to final bid price to determine final sale price. For example: If the accepted bid is $100, 18% or $18 is added to make the final selling price of $118.  Please adjust your bidding accordingly.

All accounts must be settled at the conclusion of the auction. We accept Visa, MasterCard & Discover ONLY. Your credit card will be charged for your purchases plus buyer's premiums and any taxes. A pre-auction authorization will be performed to establish available credit. Debit cards may show a hold on funds for a short period of time. NOTHING will be charged to your card until a purchase is made.

• Wire Transfer (contact us for information) 419-636-5500 or Toll Free 866-870-5500
• Credit Card (Visa, MasterCard & Discover)

The purchaser agrees to pay all reasonable attorney fees and costs incurred by the auction company in the collection of funds. The purchaser also agrees that a fee of 2% per month be added to the balance of any unpaid balance due the auction company and any other costs or losses incurred by the purchaser's failure to adhere to these terms. Any debt collection or dispute proceedings will be heard in Williams County, Ohio.

Sales Tax

The buyer is responsible for payment of sales tax if applicable.  All vehicles will be subject to applicable sales tax and it will be collected by the Title Licensing agency when the purchaser transfers the title to their name in the county and state they live in.

Removal Times / Failure to Remove

Thursday, January 16^th,   9:00 a.m. - 3:00 p.m.

Friday, January 17^th,        9:00 a.m. - 3:00 p.m.

Monday, January 20^th,     9:00 a.m. - 3:00 p.m.

Or by appointment – ALL items MUST be removed by January 27, 2020

Purchaser’s must bring their paid receipts when picking up their items.

All items purchased on the online auction are to be paid for and picked up within 10 days from the auction date. After this 10 day period there will begin a $5 per day storage fee and after 2 weeks from the date of the auction (NOT from the date paid or picked up) there will be no refunds on any item purchased; the items will be considered abandoned and will be relisted on auction offering for sale to public.

Shipping Options / Information

Packing and shipping costs are the responsibility of the buyer.

Bidding

Our on-line auctions move quickly! If you are interested in an item, bid quickly. If you win an item in the auction you will be notified by email. In order to have enough time to conduct authorizations, registration must be completed at least 24 hours in before the auction.

In order to better serve our customers, all bidders must provide their name, address, daytime phone number, and email address where they can be contacted. Bidder must call in 24 hours before bidding to give Wilson Auction a valid credit card to put on file.  Wilson Auction will also try to call you to obtain this information when you register.  It is the bidder’s responsibility to make sure Wilson Auction obtains this information prior to approving you as a bidder. This is to assure good communication between Wilson Auction & Realty Co., Ltd. and the bidder throughout any transactions.

It is strongly recommended that bids be placed early to avoid losing out due to an ill-timed, last minute bid. All times based on Eastern Standard Time. When a bid is placed on a lot within the last 60 seconds the ending time will automatically extend 2 minutes giving other bidders time to advance their bids.  

The auction company shall not be held responsible for any "missed" bids or bids unseen by the auctioneer or software.

Automatic Bidding (max bid, auto bid, proxybid)

Automatic Bidding (auto bid) option makes bidding convenient allowing you to enter the maximum bid amount* that you are willing to bid on an item. Based on your Account Preferences for notification, you may be notified whenever your auto bid increases &/or when it is exceeded.

Your auto bid will not “jump” to the maximum amount. The auto bid will increment up only with competing bids until either the item completes with you as the high bidder, or until your auto bid has been exceeded by another bid.

If another bidder already has an auto bid in place when you place your auto bid, the (2) competing auto bids will continue to increment until either the lower auto bid is maxed out; or if both auto bid amounts are the same the auto bid that was placed first will become winning position of the bid.

*Buyer’s premium and sales tax will be in addition to the winning bid amount.

 By bidding on any item, the bidder shows acceptance of the terms of the auction.