1. GENERAL CONDITIONS OF SALE

1.1 As-Is Sales

All items and lots are sold in “AS IS, WHERE IS” condition. All guarantees, representations, and warranties regarding any item are solely between the Buyer and the Seller. Hoge Auctioneering LLC makes no independent warranties, express or implied, regarding any item offered for sale.

1.2 All Sales Final

All sales are final. By placing a bid, the Buyer agrees to accept the item in its present condition, in its present location, and with the description provided — whether accurate or not. No refunds, returns, or exchanges will be issued.

1.3 Item Descriptions and Accuracy

Item information is obtained from Sellers. Hoge Auctioneering LLC will represent any defects we are made aware of or notice during cataloguing; however, the Buyer hereby agrees to hold harmless Hoge Auctioneering LLC and its staff for any errors or omissions regarding items being sold. Buyers are strongly encouraged to preview items and conduct all due diligence prior to placing any bids.

1.4 Authenticity

Hoge Auctioneering LLC makes no guarantee of authenticity on any item offered for sale. If you have specific questions regarding a lot, please contact our office at least two (2) business days prior to the close of the auction at 319-435-2302.

2. BIDDING

2.1 Binding Commitment

By placing a bid, you are entering into a legally binding contract to purchase the item if your bid is the winning bid. All bids constitute a firm and irrevocable offer to purchase. Bids may not be cancelled or retracted for any reason once accepted by the system.

2.2 Buyer Responsibility

It is the sole responsibility of each Buyer to:

· Preview items prior to bidding

· Review all lot descriptions, condition reports, and photographs

· Read and fully understand all Terms and Conditions before submitting any bid

If you are unable to comply with the pickup schedule, payment deadlines, or any other requirement stated herein, please do not place bids.

2.3 Maximum (Max) Bidding Explained

When you enter a maximum bid, the current bid price does not automatically increase to your maximum. The system will only increase your bid incrementally as other bidders place competing bids, up to your stated maximum. If two (2) bidders place identical maximum bids on the same item, the first bidder to submit that maximum bid will be declared the winning bidder.

2.4 Reserve Lots

If you are the current high bidder on a reserve lot but the lot displays “Reserve Not Met,” you will not be the winning bidder when the lot closes. You may continue to place additional bids until the display reads “Reserve Has Been Met,” at which point you will be the winning bidder. This is the only circumstance in which the system will allow a bidder to raise their own bid.

On unreserved lots, you may raise your maximum bid at any time; however, a competing bid must be placed before the current bid price will increase.

2.5 Refusal of Bids

Hoge Auctioneering LLC reserves the right to accept or refuse any bid for failure to comply with these Terms and Conditions or for any other reason at its sole discretion.

3. PAYMENT

3.1 Payment Deadline

Full payment must be received by the date specified in your invoice. No items will be released until payment has been received and cleared in full. Purchase is not subject to financing.

3.2 Accepted Payment Methods

The following forms of payment are accepted:

Payment Method

Cash, Check, ACH Transfer (U.S. only)

Wire Transfer - $10.00 fee + applicable bank fees

Credit card - Additional 4% processing fee

Please Note: Invoices exceeding $1,500.00 cannot be paid by credit or debit card. Items will not be released until full payment is received.

3.3 In-Person Auctions

All purchases made at an in-person auction must be settled in full before leaving the premises.

3.4 Online Auctions

For online auction purchases, no items will be released until full payment has been received. Payment must be submitted within the timeframe designated in the auction terms.

3.5 Online Buyer Auto-Charge Policy

Internet Buyers who fail to pay within the allotted time: the card on file used during registration will be automatically charged for invoices totaling $1,500.00 or less.

3.6 Non-Payment and Default

Failure to submit full payment by the stated deadline constitutes a default. Non-paying bidders and fraudulent bidding will be subject to legal recourse and may result in permanent suspension from bidding with Hoge Auctioneering LLC.

4. BUYER’S PREMIUM

A Buyer’s Premium of 5%, capped at $1,500 will be added to the hammer price of all online purchases. The Buyer’s Premium is non-negotiable and forms part of the total purchase price.

Total Purchase Price = Hammer Price + 10% Buyer’s Premium + Applicable Taxes + Any Additional Fees

5. SALES TAX

Iowa state sales tax will be applied to all qualifying purchases in accordance with applicable Iowa law. Buyers are responsible for determining and complying with all applicable tax obligations.

6. INVOICING

Winning bidders will receive an invoice via the email address used at registration. Each invoice will include:

· Itemized list of purchased lots

· Total amount due

· Accepted payment methods

· Designated pickup location and pickup times

It is the Buyer’s responsibility to monitor their email and respond to invoices promptly.

7. ITEM COLLECTION AND PICKUP

7.1 Buyer’s Responsibility

YOU ARE RESPONSIBLE FOR PICKING UP YOUR OWN ITEMS. Hoge Auctioneering LLC does not offer shipping on all items. Buyers should confirm shipping availability prior to bidding.

7.2 Pickup Schedule

Pickup times and location are clearly stated:

· On each invoice emailed to the winning bidder

· In the auction terms prior to the start of bidding

7.3 Failure to Pick Up

Items not collected within the designated pickup timeframe may be forfeited without refund. Internet Buyers who fail to collect items during the allotted pickup period forfeit their items. This may also result in permanent suspension from future auctions with Hoge Auctioneering LLC.

7.4 Preview

All items sold at Hoge Auctioneering LLC’s facility are available for in-person preview prior to the auction. Buyers are strongly encouraged to take advantage of this opportunity.

7.5 Loading Policy

Loading assistance is provided free of charge for all items purchased through Hoge Auctioneering LLC. However, additional labor charges may apply under the following circumstances:

· Items that require dismantling prior to loading

· Loads that require rearranging to accommodate purchased items

Please Note: We are reasonable — if something simply needs a minor adjustment, there is no charge. Labor fees will only apply when several minutes of significant labor are required. Charges begin at a $100.00 minimum.

8. ONLINE BIDDING AND TECHNOLOGY

8.1 Internet Connections

Hoge Auctioneering LLC assumes no responsibility for internet connectivity issues, platform errors, or technology failures before, during, or after an auction. Internet connections are not guaranteed. To best ensure your bid is accepted, it is recommended that you enter your maximum bid in advance of the auction closing.

8.2 Failed Bids

The auction company will not be held responsible for bids that do not transmit or register due to internet or technical issues.

9. PREMISES LIABILITY

Hoge Auctioneering LLC is not responsible for accidents, injuries, or damages occurring on the premises. All individuals attending in-person auctions or previews do so at their own risk.

10. BUYER CERTIFICATION AND AGREEMENT

By registering and/or placing a bid with Hoge Auctioneering LLC, all Buyers hereby certify that they have:

· ✅ Read these Terms and Conditions in their entirety

· ✅ Fully understand all terms set forth herein

· ✅ Agreed to be legally bound by these Terms and Conditions

It is the Buyer’s sole responsibility to read and understand all Terms and Conditions prior to submitting any bid.

11. CONTACT INFORMATION

Questions? Contact us before bidding — we are happy to help.

Hoge Auctioneering LLC
Andy & Jodi
319-435-2302
hogeauctioneering@gmail.com

Please direct all questions regarding specific lots at least two (2) business days prior to the close of the auction.

Hoge Auctioneering LLC reserves the right to amend these Terms and Conditions at any time. Updated terms will be posted prior to each auction event.

Thank you for bidding with Hoge Auctioneering LLC — Good Luck and Happy Bidding!

Lot # 1365 - MATCO VARIABLE PIN SPANNER WRENCH SET,

Auctioneer Info

Description

Specifications