Terms & Conditions:
There is a 10% total Buyer's Premium, which includes the 3% Internet Purchase Fee. An additional 3% will be added to credit card payments. In order to be approved for this auction, Equipmentfacts and the Auctioneer require your account to be in good standing. Failure to pay for the item(s) that you are the successful bidder on will result in a penalty in the amount of 25% of the purchase price of the item(s). This penalty must be paid to the Auction Company within 48 hours of the auction.
1) There is a 3% Internet Purchase Fee. Machinery Auctioneers charges an 7% Buyer's Premium. An additional 4% fee will apply to credit card payments.
2) Applicable State of TX Sales Tax will be charged on all Lots unless you are exempt from Sales Tax and you provide tax exemption form and exception certificates that are acceptable to the State of TX. The sales tax rate is on all non titled items is based on the county in which the item is purchased. All equipment over 50 HP has additional 1.5% heavy equipment tax. Vehicle/trailer tax rate of 6.25% will be charged on all items in which the title is transferred by Machinery Auctioneers.
3) Payment in full must be made within 48 hours in the form Cash, Wire Transfer, Cashier's Check or a Company Check accompanied with a bank letter of guarantee. Failure to arrange payment by this date will place you on our Delinquent Payers List on our Home Page.
4) All items must be removed within three days. If you cannot pick up before then please call to make an appointment to pick up. $25 per day fee after then.
5) Bidders are to be held personally liable for any bids made with their Bidding Number.
6) The highest bidder for each Lot shall be the Purchaser, and in the event of any dispute the Auctioneers shall have absolute discretion either to settle such dispute or to re-offer the lot for re-sale.
7) The Auctioneer and Equipmentfacts accept no liability for loss or damage howsoever arising from any Lots not presented for sale.
8) The Auctioneer and Equipmentfacts have described the Lot(s) in the catalog to the best of their ability and belief from information furnished by the Vendor(s) who shall be alone responsible for any error or miss-statement, which there may be. The Auctioneer and Equipmentfacts undertake no liability whatever in respect of any faults, deficiencies and errors of any description, oral or printed, nor do they accept responsibility for the authenticity, genuineness, origin, age, condition or quality of any Lot(s) and all statements as to these matters whether contained in the catalog or made orally are statements of opinion only and not to be taken as being or implying a statement or representation of fact
9) Each and every Lot is sold "as is, where is". The Auctioneer and Equipmentfacts provide no guarantees or warranties (express or implied) in respect of the Equipment contained in the Lot. All representations made by the Auctioneer and Equipmentfacts, its servants or agents are to be considered lay opinions only and the Auctioneer and Equipmentfacts accept no liability for any purchase made by a Buyer in reliance upon them.
10) The Buyer agrees to insure the Equipment purchased against all losses from the Auction Date until removal of the Equipment by the Buyer.
11) The Buyer acknowledges he/she has read and agrees to be bound by the additional terms and conditions set forth.
Machinery Auctioneers Terms and Conditions Internet Premium: 10.00% Sales Tax : The sales tax rate is on all non titled items is based on the county in which the item is purchased. All equipment over 50 HP has additional 1.5% heavy equipment tax. Vehicle/trailer tax rate of 6.25% will be charged on all items in which the title is transferred by Machinery Auctioneers. Participation Requirements: Valid Credit Card required for bidding approval Payment Options: Visa, MasterCard, Discover, American Express, Money Order, and Wire Transfer Visa MasterCard Discover American Express, There is a $5,000 Maximum on all Credit Cards. (WE NO LONGER TAKE CREDIT CARDS ON ANY AMOUNTS OVER $5,000) Payment Instructions: Payment Terms: Payment must be made with in 48Hrs. of receiving invoice. 10% Buyers Premium added to the sale price of all inventory displayed for auction. Should you choose to pay by Credit Card you will no longer get the discount of 10% Buyers Premium, it will be a 13% Buyers Premium for all Credit Card Purchases. There is a $5,000 Maximum on all Credit Cards. (WE NO LONGER TAKE CREDIT CARDS ON ANY AMOUNTS OVER $5,000) . Wiring Instructions: VANTAGE BANK TEXAS, N.A. 45 NE LOOP 410, STE 190 SAN ANTONIO, TX 78216 PHONE 210-408-5700 ROUTING # 114915272 ACCOUNT # 107963233 IF PAYMENT IS NOT RECEIVED WITHIN 3 BUSINESS DAY (Day 1 being the Day of Auction) BUYER WILL BE REPORTED TO EQUIPMENT FACTS FOR NON PAYMENT Currency Type: USD Shipping Instructions: Buyer is responsible for all Shipping and Logistics Preview Date & Times: Preview dates are the day prior to the auction from 8:30 AM until 4:00 PM Checkout Date & Times: Payment must be made with in 48Hrs. of sale closing. Loading times . All items must be removed within 3 days. If you cannot pick up before then please call to make an appointment to pick up. $25 per day fee after then. Special Terms All property is sold AS Is, Where Is and ALL SALES ARE FINAL. Property is open to thorough public inspection. It is the Bidder's responsibility to determine condition, age, genuineness, value or any other determinative factor. Machinery Auctioneers of Texas may attempt to describe the merchandise in advertising, on the Internet and at the auction but makes no representations. In no event shall Machinery Auctioneers of Texas be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Bidder shall be the sole judge of value. Bidders who bid from off site and are not present at the live auction or preview understand and acknowledge that they may not be able to inspect an item as well as if they examined it in person. It is the Bidder's responsibility to determine condition, age, genuineness, value or any other determinative factor. Machinery Auctioneers of Texas shall endeavor to describe in detail each item and any pertinent information about it. Machinery Auctioneers of Texas will not be responsible for any errors or omissions in the description of the merchandise unless it is a material and intentional misrepresentation of the item itself. Bidder agrees that everything is sold as is and that they may not return any item they purchase. Machinery Auctioneers of Texas is providing Internet pre-auction and live bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall Bidder have any kind of claim against Machinery Auctioneers of Texas or anyone else if the Internet service fails to work correctly before or during the live auction. Machinery Auctioneers of Texas will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bid is acknowledged should use the Pre-bidding feature and leave their maximum bid 24 hours before the auction begins. Machinery Auctioneers of Texas reserves the right to withdraw or re-catalog items in this auction.

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