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AUCTION RULES & REGULATIONS

QUALITY DISCOUNT EQUIPMENT LLC WANTS TO ENSURE THAT EVERYONE WHO PARTICIPATES IN THESE AUCTION HAS A SAFE AND ENJOYABLE EXPERIENCE. THESE RULES APPLY TO BUYERS, SELLERS, PARTICIPANTS AND EVEN QDE LLC & QDPP EMPLOYEES.

(1) The highest bidder shall be the purchaser once the reserve bid has been met and no bidder shall retract his bid. ALL BIDS MADE IN U.S. DOLLARS. All sales are final.

(2) Any dispute arising as to any bid shall be settled by the Auctioneers at their sole discretion and, at the Auctioneers' discretion, the Auctioneer may, immediately, put the lot in the dispute up again for sale.

(3) The Auctioneers shall have the right to consolidate or break down lots, or to offer a package as a single lot. Auctioneers reserve the right not to acknowledge or accept any bid which is merely a fractional advance over the preceding bid. The Auctioneers retain the right, without notice, to withdraw any lot or lots, prior to sale of said lots. Auctioner obtains the right to withdraw any QDE item if the reserve bid is not met.

(4) The Auctioneers assume no responsibility for any liability once bid is accepted. Merchandise "as is" with all faults. Purchasers are advised to pre-arrange for insurance coverage of their purchases.

(5) All purchases must be paid in full within two(2) business days after bid has been placed in U.S. DOLLARS ONLY, with cash, certified check or bank check, Money orders are not accepted. Titled units or items over $1,000.00 will not be released unless cash or certified funds are received and cleared. Payments received after two(2) business days following the auction will be charged a 3% late payment fee, unless a prior written agreement exists between buyer and auction co. .

(6) Credit cards such as Mastercard/Visa or American Express, or wire transfers are acceptable methods of payment but will have a 3% convenience fee added. Payments received after two(2) days following the auction will be charged a 3% late payment fee, unless prior arrangements are made.

(7) The purchaser shall not be entitled to possession of any of his purchases until total purchase price of all his purchases has been fully paid and in the event the purchaser fails to pay the full purchase price for any lot within the prescribed time or fails to comply with any other terms of sale, the Auctioneers shall retain the possessory lien on all lots of the purchaser, and have the right to resell such lots by public or private sale without notice of any kind to the Purchaser. Any deficiency arising upon the resale, together with all expenses thereof, shall be paid by the purchaser. Any auction deposit shall be retained by the Auctioneers for application against such deficiency. Forfeiture of the deposit does not release the buyer from full payment.

(8) All cost and the responsibility of such removal shall be borne by the purchaser. The Auctioneers reserve the right to require proof of adequate insurance coverage from any purchaser of lots requiring dismantling, rigging or hot cutting. Purchaser agrees to indemnify and save harmless both the Consignor and Auctioneers against any damage caused by the act of Purchaser and/or his agents in connection with the dismantling or removal of any lot.

(9) All lots must be removed within the time announced or posted at sale, at Purchasers' sole cost and risk, and only in a manner approved by the Auctioneers. If for any reason the purchaser fails to remove any lot within the time specified, the lot shall be deemed abandoned and the Auctioneers, at there sole discretion, may resell per paragraph 7 above or removed and store the said lots at Purchasers' sole risk and expense. In addition, Purchaser shall be liable for any rent incurred or damages suffered by the Auctioneers because of Purchasers' failure to remove any lot within 20 days.

(10) No sale shall be invalidated by reason of any defect or inaccuracy in any of the lots by reason of their being incorrectly described in the listing sheet or elsewhere and no liability shall be by the Auctioneers in respect of any such faults or errors. Listing sheets have been prepared only as a guide based on information from sources generally believed to be reliable and from the consignor but the accuracy thereof cannot be guaranteed or warranted by the Auctioneers. Bidder acknowledges that it is his responsibility to inspect all equipment and to make his own inquiries.

(11) If for any reason whatsoever, the Auctioneers' are unable to deliver any lot, or any necessary documentation required in respect of any lot, the Auctioneers' sole liability, if any shall be the return of any monies paid on such lot.

(12) Except as herein set out there shall be no guarantees or warranties expressed or implied, statutory or otherwise of any nature whatsoever. Each and every item will be sold "As Is, Where Is", with all faults. ALL SALES ARE FINAL.

(13) Contracts and bills of sale and necessary vehicle documents will, if available, be delivered at time of payment in a form satisfactory to the Auctioneers and will otherwise be mailed to the purchaser within ten (10) days of payment of the full purchase price as set out above. Documents will be available subject to consignor providing name.

(14) Miscellaneous items left after 20 days following the Auction will be considered abandoned and sold for storage unless the buyer has made prior arrangements and the auction company has agreed in writing.

(15) 10% Buyer Premium will apply to each item unless declared otherwise.

[ Auction ] [ User Agreement ]

 

 
 
 
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