Vehicles | Forklift | Shop Equipment | Trailer | Etc
Friday, October 25, 2024 at 10:00 am
LINCOLN, NE: 3154 N 40th Street
Important: Please familiarize yourself with the Terms and Conditions specific to each auction. This information includes payment methods, removal schedules, and any applicable taxes or fees.
Auction Location: 3154 N 40th Street, Lincoln, NE 68504
Live Auction with Internet Bidding on Major Equipment
Auction (Buyer’s) Premium for Live Bidders: 0%
Auction (Buyer’s) Premium for Online Biddings: 7%
Sales Tax: 7.25% - Sales tax applied to invoice total, including Internet Premium (This does NOT Apply to Titled Vehicles & Titled Trailers)
Participation Requirements: Valid Credit Card required for bidding approval. Authorize.net will ping your card for $25.00. This ping will come off within 72 hours.
Payment Options: Wire, Cash, Business or Cashiers Check-No Personal Checks, Visa, Mastercard, Discover, American Express
Title Fee: $25.00 per Titled Unit
Credit Card Convenience Fee: 3.55%
Payments Due for ONLINE Bidders: ALL payments are due within 5 business days of the Auction. Jack Nitz & Associates will only be on site for payments on Auction Day. You will NOT be able to pay on site after Auction Day. You will need to pay by credit card or wire transfer after Auction Day.
Payments Due for LIVE Bidders: ALL payments for Live Bidders are due within 30 minutes of the conclusion of the Auction.
Internet Bidder Invoices: The auction company (Jack Nitz & Associates) invoices winning bidders. If you have not received an EMAIL with an attached invoice within 24 hours after the close of the auction, please contact 402-727-8800. If you would like to wire please email info@nitzauctions.com or call 402-727-8800 to ask for wiring instructions.
Titled Vehicles, Trailers, etc: If you have a question whether something has a title, contact Jack Nitz BEFORE auction day. No matter how you pay, titles are mailed 3 weeks after the Auction-NO exceptions to these terms. Please email heather@nitzauctions.com with how your title paperwork needs to be filled out (Name and address).
LOADOUT: Loading will be available until 5:00 PM on auction day. Pickup will be By Appointment Only after Auction Day. No weekend loadout available. All assets must be removed by Friday, November 1, 2024.
BUYER RESPONSIBILITY: The Removal/Transportation of Equipment is the sole responsibility of the BUYER. Any and all methods of lifting, towing, dismantling or any other requirements for the removal and transport of equipment is the sole responsibility of the Buyer. There will be a forklift on premises to assist with loading.
AUCTION TERMS
1. Any & all announcements made from the Auction Block take precedence over all printed material & advertising. The information provided in this catalog is deemed correct, but is in no way guaranteed. We will in no way be held responsible if the information provided to us was incorrect to begin with. While descriptions are believed to be correct, the Auctioneers or owners make no warranties or guarantees as to the genuineness, authenticity of or defect of any items & will not be held responsible for advertising discrepancies or inaccuracies. It is our sincerest intention to provide the potential buyer all the information that pertains to the various items.
2. ALL SALES ARE FINAL. All Property is offered in 'AS IS, WHERE IS' condition, unless otherwise specified by the Auctioneer. No Warranties, either expressed or implied, will be offered.
3. Once the Auctioneer says 'SOLD', the equipment becomes the Sole Responsibility of the Purchaser.
4. The Auction Company reserves the right to reject the Bid of any purchaser or revoke any/all bidding numbers from any purchase, who in the past has presented a problem for collection to either the Auction Company or Seller.
5. Any/all Purchasers will be expected to rely upon his/her personal inspection or investigation of the property being offered at the Auction, or that of an approved party to Buyer, and not upon any representation of warranty or condition by the Seller or the Auction Company. Seller or Auction Company will, in NO WAY, be held responsible for any discrepancies, damage or loss of any property of Buyer once the Auctioneer says SOLD.
6. Any/all prospective Purchasers will be required to register for a bidder's number and present proper identification when registering.
7. All purchases for Live Bidders MUST be settled for, IN FULL, on Auction Day. Online Bidders will have 5 business days to pay in FULL.
8. ABSOLUTELY NO Equipment will be removed from the Auction Site until Settled for. Any/all Equipment left at the Auction Site after the Auction will be the SOLE Responsibility of the Purchaser.
9. All Arrangements for Removal of the Equipment MUST be made through the Auction Company or Seller.
10. Any/all announcements made from the Block on Auction Day will take absolute precedence over any matter of print or any matter of previously printed advertising.
11. Neither the Sellers or the Auction Company will assume any liability or responsibility for transfer costs or damages to the equipment resulting in a loss to the Purchaser, either due to negligence or natural accidental occurrence circumstances. Furthermore, Purchaser will hold harmless both the Sellers and the Auction Company, and their heirs and assigns, from any litigation and/or loss due to any lawsuit brought by Purchaser for any loss that he/she may endure.
12. By making a bid, regardless of how such bid is made, Bidder acknowledges that Bidder has received, read, understands, and agrees to comply with and be bound by the Terms.
13. Jack Nitz & Associates shall not be liable or responsible for any interruptions, termination or corruption of any audio feed, video feed or of any other internet registration, bidding or other online related service that occurs before, during or in connection with the auction sale, regardless of the cause of fault attributable to the interruption, termination or corruption of such services.
14. A Credit Card is required for bidding approval and will be used as a verification tool. Credit cards may be accepted as a form of payment on a LIMITED basis - 3.55% administration fee applies.