EQUIPMENT CONSIGNMENT AUCTION IN KNOXVILLE

TAKING CONSIGNMENTS NOW

Selling Live with Online Simulcast

MAY 12 2018 @ 9AM

7040 STRAWBERRY PLAINS PIKE 

KNOXVILLE TN 37914

JUST South 1/2 mile off I-40 Exit 398

Online Bidding at

www.ekauctioneers.com

Acepting Consignments

Monday May 7 9am-5pm

Tuesday May 8 9am-5pm

Wensday May 9 9am-5pm

Thursday May 10 9am-5pm

Friday May 11 9am-12noon

Any items brought on friday May 11 will not be on internet and will go at the end of auction

We can accept earlier if needed or preauction storage available.

Contact EK Auctioneers for arrangements.

 Trucking Available

2 AUCTIONEERS WILL BE RUNNING ALL DAY LONG—BRING A FRIEND

PAYMENTS 

Payment is due in full on auction day on all purchases.  Purchases can be paid for with cash, credit card, cashier’s check, or company check.  All company checks must have a current bank guarantee letter made to EK Auctioneers, LLC guaranteeing payment.  NO EXCEPTIONS!

STATE SALES TAX 

Tennessee sales tax applies to all items purchased,

unless a resale certificate or tax exempt card in on file with EK Auctioneers, LLC.

BUYERS PREMIUM 

10% buyers premium up to $20,000 per item 

5%  buyers premium $20,001 per item &up

SELLERS COMMISSION 

3% with $25 min 

1% no sale fee $25min $100max

WARRANTY 

All items are sold as-is, where is, with no warranties or guarantees. 

No refunds will be issued.  All sales are final.

CREDIT CARD TERMS 

We accept Visa, MasterCard, Discover, and American Express.  An additional 4% convenience fee will be added to invoice total.  All credit card sales are final. 

There will be no refunds on credit card payments.

INSPECTION DATES 

Friday May 11 9am-5pm

REMOVAL DATES 

Monday May 14 – Wednesday May 16  9am-5pm. 

All items must be removed from auction site on later than Wednesday May 16 at 5pm.  No Sunday removal.  All items left over night will be full responsibility of buyer. 

INTERNET BUYERS THAT NEED ADDITIONAL LOADING ASSISTANCE MUST CONTACT EK AUCTIONEERS BY 5pm MONDAY, MAY 14. 

Check website daily for updates 

 TFL5097

865-607-6698

ed@ekauctioneers.com

Everything will be sold As-Is Where-Is; without guarantee or warranty expressed or implied. Items become the sole responsibility of purchaser. All sales are final! ANY ITEMS NOT REMOVED DAY OF AUCTION, CAN BE LOADED AND REMOVED MONDAY MAY 14-WEDNESDAY MAY 16 FROM 9AM-5PM All items must be removed by WEDNESDAY MAY 16 THERE WILL BE NO REMOVAL ON SUNDAY MAY 13 INTERNET BIDDERS THAT NEED ADDITIONAL TIME FOR REMOVAL MUST CONTACT EK AUCTIONEERS BY 6PM AUCTION DAY, SATURDAY MAY 12 ONSITE Buyers premium 10% PER ITEM UPTO $20,000 ///5% PER ITEM $20,001 AND UP INTERNET Buyers premium 13% Every item must be paid in full BEFORE REMOVAL. Payments Accepted Cash, Credit card, Cashiers check, company checks (with bank letters of guaranty). Credit cards purchases will be charged an additional 4% convenience fee. WIRE TRANSFER FOR INTERNET BUYERS , instead of bringing CASH OR check when picking up your items, is recommended to AVOID delay of removal. Contact EK Auctioneers,LLC for instructions. If you do not make arrangements for payment within 48 hours of auction ending, your credit card you registered with will be charged the full invoice amount , along with any associated fees. Tennessee sales tax applies to all items purchased, unless a resale certificate or tax exempt card is on file with EK Auctioneers LLC. No items will be released until full payment clears our office. EK Auctioneers, LLC reserves the right to charge the credit card on file the total purchase price plus $30.00 late payment fee for invoices not paid within our terms. There is also a $30 charge on all returned checks due to non sufficient funds. Business hours are Monday through Friday 8 a.m. to 5 p.m EST Cash and wire transfers in any amount will be accepted. (International buyers see instructions below) Checks of $10,000.00 or greater will be accepted only with a bank guaranty letter or with prior approval from EK AUCTIONEERS, LLC. Credit Cards will be accepted only for charges up to $5,000.00, and only after authorization (via website or email) or in-person signatures are obtained from the cardholder. EK AUCTIONEERS, LLC reserves the right to hold assets and/or certificates of title until funds availability is confirmed. Taxes and Titles: All Items are subject to state and local taxes. Titles will be mailed within 10 business days after settlement. NO TITLES WILL BE AVAILABLE AT THE AUCTION. International Buyers - Prior to registration and at least 2 days before the auction, a deposit of $5,000 or 25% of expected total purchase, whichever is higher, must be deposited in Auctioneer's bank account via wire transfer from Buyer's bank. Deposit must be in U.S. funds. Bank receiving fee, if any, will be added to Buyer's total invoice. Payment for purchases must also be in U.S. funds via wire transfer. BIDDER CONTRACT: In order to bid at this auction you must meet registration requirements. By registering and obtaining a bidders number you are demonstrating that you fully understand, accept and agree to all conditions and terms set forth for this auction, whether in writing or implied verbally. BUYER RESPONSIBILITY: From the moment auctioneer deems items sold, it becomes the sole responsibility of buyer. Reasonable care will be made by auction company to safeguard purchases, but in the event of theft, vandalism, accidental, or purposeful damage, negligence and/or and Act of God, Buyer agrees to hold auction company harmless. WARRANTY: All information contained herein is true and correct to the best of auction company's knowledge, but it is in no way guaranteed as to the accuracy of description made. Every items sold 'as is where is' without warranty as to usefulness or merchantability. Bidder/Buyer has opportunity during inspection days prior to auction to inspect or have inspected by third party all items contained in this auction. EK AUCTIONEERS,LLC. and its Employees act merely as agents for sellers. All auctions are with reserve unless specifically stated otherwise. Reserves, if any, ARE NOT disclosed unless advertised 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 EK AUCTIONEERS, LLC and their 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. 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. 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 EK AUCTIONEERS,LLC . its employees, and their 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 their item(s) for transport and/or shipping. This includes but is not necessarily limited to the cost of any rigging, disassembly, special loading requirements, transport, packaging, insurance and all other costs related to physical transfer of their 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. When using our online auction services you are making firm commitments 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. You also acknowledge that the Internet may be an unreliable and error prone network. EK AUCTIONEERS,LLC 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 EK AUCTIONEERS,LLC and their employees harmless for any interruptions in online bidding. Further, the auctioneer has the sole discretion to accept or refuse any bid. EK AUCTIONEERS,LLC retain 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 EK AUCTIONEERS, LLC 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. EK AUCTIONEERS,LLC 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, EK Auctioneers,LLC 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, EK AUCTIONEERS,LLC will determine the appropriate disposition approach which may include: a. Removing and disposing as the company sees fit. b. Allowing seller to retain or scrap. c. Sell the item(s), whereby EK Auctioneers,LLC 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, EK AUCTIONEERS,LLC may remove the item from the selling location and resolve as follows: a. EK Auctioneers,LLC 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. b. Sell the item(s), whereby EK AUCTIONEERS,LLC will remit the sales proceeds to the buyer, less selling and advertising expenses, storage costs, plus 20% administrative fee. If a buyer has not removed the purchased item(s) from selling location within 8 business days after the close of the auction with the winning bid, 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. All information contained in descriptions in catalog and Internet are made with auction company's knowledge and information, but are not guaranteed. Bidder/Buyer assumes all responsibility to determine the correct information, including but not limited to kind, age, year, model condition, make, serial number, etc. No sale shall be invalidated by inaccuracies, defects, damaged goods, or incorrect descriptions. BY SIGNING INTO THIS AUCTION YOU AGREE TO ALL TERMS & CONDITIONS OF THIS AUCTION.