Terms & Conditions

By accepting the terms and conditions of this auction you acknowledge you are entering into a legal and binding contract. You agree to abide by all terms and conditions and you acknowledge receipt of all explanations and information made available by Steffes Group, Inc., also referred to as Steffes Group or Company. 

Payment

When paying within the stated time and with our acceptable payment methods: 

• A 10% buyer’s premium with a maximum charge of $1,000 per item applies to items purchased on Timed Online Auctions.
• A 2% buyer’s premium with a maximum charge of $1,000 per item applies to items purchased on Live Webcast Auctions.

You agree to make payment for all online purchases in U.S. funds within 2 business days of receipt of invoice by one of the acceptable forms of payment unless approval of financing arrangements is made with Steffes Group. To issue a check by fax, simply write a check as you normally would and fax a copy to us. All NSF checks will be charged a $30 fee. Checks by mail are not an accepted form of payment. Any other form of payment, other than the listed acceptable payment methods are subject to an additional 3% buyer's fee on the full amount of the purchase. No items will be released until full payment clears our office.

Acceptable forms of payment:

• Bank Wire Transfer; please call for wire instructions to be emailed to you.
• Check delivered to our office that held the auction
• Check By Phone

West Fargo, Sioux Falls, Grand Forks 701-237-9173

Litchfield 320-693-9371

Mt. Pleasant, Ames 319-385-2000

• Check By Fax

West Fargo, Sioux Falls, Grand Forks 701-237-0976

Litchfield 320-693-9373

Mt. Pleasant, Ames 319-385-4709

Sales Tax

ALL APPROPRIATE STATE SALES TAX LAWS APPLY PER THE LOCATION OF POSSESSION AND SELLER TYPE OF THE PIECE OF EQUIPMENT.

Listed below is a link for the Streamlined Tax Exemption form that includes 24 participating states. States that do not participate in the streamlined form, but in which Steffes Group frequently transacts business are MO and IL. Please contact our office if you would like us to send you a form for one of these states. The link for the streamlined form includes the states of IA, MN, ND, NE, and SD, among others.

Streamlined Sales Tax Agreement Certificate of Exemption

If you have any questions concerning sales tax, please contact the appropriate state government agency for that location or contact our office. Minnesota requires sales tax to be charged on all online consignment auctions unless the buyer provides an exemption form. 

Titled vehicles

$35 document fee charged on all titled vehicle purchases.

Per vehicle and sales tax laws, upon registration and licensing of any titled vehicle or trailer, any buyer’s premium paid is considered to be part of the sales price. Sales tax will be charged on the entire sales price (including the buyer’s premium). 

If you have any questions concerning sales tax on a piece of equipment, please contact the appropriate state government agency at the location of the item on auction. 

ND Sales Tax Terms for Canadian Customers

 Used Farm Equipment

The sale, at auction, of used farm machinery to a Canadian farmer for agricultural use is exempt from sales tax the same as a North Dakota Farmer.

The purchase, at auction, of used farm machinery by a Canadian farm equipment dealer (retailer) would be sales taxable unless:

• You complete an exemption certificate with a ND sales tax permit number
• The purchased goods are shipped by a 3rd party to you in Canada - in this case a delivery receipt must be provided to Steffes Group.

 New Farm Equipment

The sale, at auction, of new farm machinery to a Canadian farmer for agricultural use, or a Canadian farm equipment dealer (retailer) is taxable at the current state rate of 3% plus any local sales tax if applicable.  The law also provides that Canadians may apply for a refund of the tax paid when meeting certain requirements.  This form and conditions of use are available online at http://www.nd.gov/tax/salesand%20use/canrefund/. 

Agents for Sellers
Steffes Group, Inc. and its Employees act merely as agents for sellers. All auctions are with reserve unless specifically stated otherwise. Auctions are with undisclosed reserves unless advertised otherwise as "Absolute."  Auctioneers, at their discretion, may place a reserve bid on behalf of the seller. All final bids are subject to the seller's confirmation. Only the top bidder will be contacted as to the status of his/her bid. While the information we provide on item(s) is deemed correct, no warranties are expressed or implied as to any items being sold, and you agree to purchase and accept the item in an as-is condition. Information on items is obtained by us from the sellers and you hereby agree to hold harmless Steffes Group and our Employees for any errors or omissions regarding the item(s) being sold. This information includes but is not limited to year, model, machine or engine hours, physical condition, options, features and other data pertinent to the value of the item. All items are sold As-Is-Where-Is unless specific factory or seller issued warranties are listed in the item description.

Inspection

You acknowledge that you have the right and responsibility to inspect the item(s) personally, or to have a third party representative inspect the item(s) for you. That by bidding on an item you have agreed to accept that item in its present condition at its present location and with the description provided whether accurate or not. 

Auction Close

Timed-online auctions will begin to close on the date and time listed. Lots will remain open until no bids have been placed within the last 4 minutes. Timed-online auctions normally close at a rate of 3 lots every 2 minutes.  

Please note that some lots can be tied together and will be set to close simultaneously.  This will be indicated in those lots by a paper clip symbol.  Please hover your mouse over the symbol to see what lots are tied together. The paper clip symbol means that each lot tied will stay in extension until there are no more bids on any of the lots that are tied.

         Steffes Group reserves the right to close multiple lots per minute at its discretion. Upon your accepted bid of an item, that item shall immediately become your responsibility and be at your risk (whether you have paid for that item or not). You agree that Steffes Group, its employees, and its sellers are not responsible for lost, stolen or damaged items and will not reimburse or discount items for any type of loss. Buyers are responsible for any costs incurred to prepare your item(s) for transport and/or shipping. This includes, but is not necessarily limited to, the cost of any rigging, dis-assembly, special loading requirements, transport, packaging, insurance, and all other costs related to physical transfer of your item(s). You agree to remit payment and remove from the auction property any purchases within the stated time for the auction being conducted. You further understand and agree that failure to remove items in the stated time for the auction will subject you to moving and storage fees unless arrangements have been made with the seller. 

Buyer Default

When using our online auction services you are making a firm commitment to purchase said item(s) and are entering into a legal and binding contract. Bids may not be cancelled or retracted for any reason. 

Non-paying bidders or fraudulent bidding will subject you to legal recourse and possible criminal charges including any fraud and/or interstate commerce violations. 

Internet Risk

You acknowledge that the internet may be an unreliable and error-prone network. Steffes Group will not guarantee that bids placed online will always be transmitted to or received by the auctioneer in a timely fashion. You agree to hold Steffes Group, Inc. and its employees harmless for any interruptions in online bidding. At the sole discretion of the Company, the auction may be suspended, postponed, or cancelled if internet service is unstable or disrupts the online portion of any event that is simulcast as an Internet Auction. 

Further, the auctioneer has the sole discretion to accept or refuse any bid. Steffes Group retains the right, at our sole discretion, to add, delete, or change some or all of our online services and the terms and conditions governing their online auctions at any time without notice. 

Abandonment Policy

Steffes Group provides this Abandonment Policy to inform you of our policies and procedures regarding any purchased item(s)/property that has not been removed by a buyer in a timely manner. Upon winning the bid for an item(s), after paying for item(s) purchased, a buyer is obligated to remove the item(s) from the auction site within a timely manner. 

Steffes Group may deem a buyer's failure to claim and remove equipment within 60 days following the close of an auction as evidence of buyer's intention to abandon the property. In these instances, the Company may take action that is adverse to buyer's interest in the property, including, but not limited to steps to dispose of the property. 

Disposition of property may include a variety of approaches based upon the buyer's purchase price of the property as follows: 

1) For those items with a final selling price of $5,000 or less, the Company will determine the appropriate disposition approach which may include:

• Removing and disposing as the Company sees fit.
• Allowing seller to retain or scrap.
• Sell the item(s), whereby the Company will remit the sales proceeds to the buyer, less selling and advertising expenses, storage costs, plus 20% administrative fee. 

2) For those items with a final selling price of greater than $5,000, Steffes Group may remove the item from the selling location and resolve as follows:

• The Company may reimburse the seller on the buyer's behalf for storage fees of $25 per day, with the total amount not to exceed $1,500.
• Sell the item(s), whereby the Company will remit the sales proceeds to the buyer, less selling and advertising expenses and storage costs, plus 20% administrative fee. 

If a buyer with the winning bid has not removed the purchased item(s) from selling location within 10 business days after the close of the auction, the buyer will be responsible for directly paying the seller any and all storage fees if levied by the seller. If levied by the seller, storage fees will be $25 per day beginning the 10th day after the close of the auction/winning bid.

FARM EQUIPMENT AUCTION

MOUNT STERLING, IOWA
Auction held at 28668 Laurel Road, Mount Sterling, Iowa 52573

THURSDAY, APRIL 1, 2021 AT 10AM

ONLINE BIDDING AVAILABLE!

Auctioneer’s Note: As Ted Daugherty approaches retirement age, he and his son Richard are downsizing their farming operation to make it more efficient for Richard to farm on his own. They are offering this line of equipment for purchase at this Steffes Group live auction event which will be held at their farm in southeast Iowa.  Feel free to call Ted or Richard with questions regarding their equipment. Steffes loader will be available the day of auction.

MFWD TRACTOR

1983 Case 1694, 4,593 hrs., MFWD, partial powershift, cab, 2 hyd., 3 pt. w/quick hitch, 540 PTO, European model, 18.4x38 rears, S/N 1530014

2WD TRACTORS

1976 John Deere 4630, 1,599 hrs., 2WD, powershift, cab, 3 hyd., 3 pt., 1000 PTO, 18.4x38 rear duals, S/N D24838

1974 International 1066, 2,953 hrs., 2WD, open station, 2 hyd., 3 pt., 540/1000 PTO, T/A, fenders, sells w/Koyker front end loader, 18.4x38 rears, S/N 2610172U039706

Case 2290, 7,307 hrs., 2WD, powershift, CAH, 2 hyd., 3 pt. no top link, 1000 PTO, front fenders, (6) front weights, 18.4x38 rear duals

Case 2090, 5,503 hrs., 2WD, powershift, cab, 2 hyd., 3 pt., 540 PTO (parts only)

Case 1370, 4,471 hrs., 2WD, powershift, cab, 2 hyd., 3 pt., 1000 PTO, 20.8x38 duals (parts only)

ANTIQUE TRACTORS

Case SC, 2WD (for repair or salvage)

Case DC, 2WD (for repair or salvage)

EXCAVATOR & CRAWLER

John Deere 160LC, excavator, 10,284 hrs., 48" tooth bucket, 27" grousers

1957 Caterpillar D7-17A, crawler, ROPS, oil filled top rollers, 2 cyl. pony motor starter, rebuilt steering clutches, new main drive u-joint, trans. clutch reconditioned, turbo added, hitch, hyd. tilt, reversible fan

PLANTERS

1993 Kinze 2300, 12x30", drawbar, ground-driven, 12/23 interplant, fluted no-till coulters, hopper box ext., double disc openers, KPM 3000 monitor

John Deere 7000, 8x36”, ground-driven, Kinze markers, spike closing wheels, no-till coulters

John Deere 7000, 8x36”, 3 pt., ground-driven, no monitor, no markers (parts only)

John Deere 7000, 8x36”, drawbar, ground-driven, no monitor, no markers (parts only)

CORN HEAD

Duetz-Allis, corn head, 6x30”, steel snouts & hoods, Ear-Savers, S/N 063013089R8989                     

TILLAGE EQUIPMENT

Landoll 875, field finisher, 22', pull-type, flat fold, walking tandems on main frame, singles on wing frame, rolling baskets, 3-bar harrow

John Deere 235, disc, 22', pull-type, 19" blades, hyd. fold wings, walking tandems on main frame, S/N 3017033

Glenco, field cultivator, 22', pull-type

Krause, disc, 22', pull-type, 18" blades, single wheels on wings & main frame

International, chisel plow, 10’, pull-type

Wilbeck, chisel plow, 7-shank

Case, plow, 5-bottom

GRAIN CART & WAGONS

Bradford, 500 bu., grain cart, center auger, 540 PTO, 18.4x26 tires, S/N 83

Parker, gravity flow, 350 bu., RH unload, 12.5-16 tires

Parker, gravity flow, 250 bu., RH unload, 11L-15 tires

Parker, gravity flow, 250 bu., RH unload, 6" MJM hyd. unload auger, 11L-15 tires

PICKUP TRUCKS

2004 Chevrolet Silverado 2500, 212,837 miles, ext. cab, 4WD, 6.0L V8, automatic, 265/75R16 tires, VIN 1GCHK29U44E35882

1997 GMC Sierra 2500, 121,544 miles, regular cab, long bed, 4WD, 5.7L V8, automatic, 245/75R16 tires, VIN 1GTGK24R9VE544133

GRAIN TRUCKS

1976 Chevrolet C-60, 7,470 miles, straight truck, 366 V8, 5+2, steel Knapheide box, wood floor, stock rack, livestock & grain gates, AM/FM radio, hitch, 9.00x20 tires, VIN CCE626V106983

International Loadstar 1800, 110,164 miles, conventional, International V8, 5+2, twin screw, 16' metal box, 10.00-20 tires

ROUND BALER

Vermeer 605B, round baler, 540 PTO

HAY RAKES

Kelderman, wheel rake, 10-wheel, S/N 5885

MOWER CONDITIONER

Hesston 1091, mower conditioner, rubber rolls

AUGERS

Westfield MK100-71, swing hopper, 10”x71', 540 PTO, hyd. raise/lower, dual hopper augers, hopper cable lift, S/N 179495

Mayrath, hyd. swing hopper, 6"x60', 540 PTO

PULL-TYPE COMBINE

Allis Chalmers AC-66, pull-type

ELCAM Farms Inc.

Ted, 319-471-3744 or Richard, 641-919-4424

For more information contact Terry Hoenig of Steffes Group,
319.385.2000 or 319.470.7120