SOLD! Construction Equipment Auction | 6-26-2014
SOLD! June 26 Construction Equipment Auction
Auction Date Thu, Jun 26th 2014, 3:00 PM GMT
Terms, conditions, explanations and information
Terms, conditions, explanations and information in addition to those listed on this page are found in the Terms and Conditions section of this site and on the individual listing pages for all assets included in this auction. All terms, conditions, explanations and information are intended to be supplemental and complimentary to each other. They are incorporated by reference into this page, and collectively they govern this auction. In the event of a conflict or inconsistency among terms, conditions, explanations or information in the Terms and Conditions section, the individual listing pages for assets and/or this page, the individual listing pages shall control this page and the Terms and Conditions section, and this page shall control the Terms and Conditions section. By registering to bid live and/or on the Internet, you agree to abide by all terms and conditions and you acknowledge receipt of all explanations and information made available by Purple Wave.
City of Wichita General Auction Terms
- The City of Wichita reserves the right to accept or reject any or all bids until payment is tendered and accepted by the City of Wichita.
- All items are offered on an "AS IS", "WHERE IS" basis without warranty or guarantee of any kind, either expressed or implied.
- All information for vehicles, equipment or items offered for sale is intended to be as accurate as possible. However, bidders are urged to examine the vehicles, equipment and items before bidding. An error or omission in the listing will not change the results of the bid.
- This list is subject to change.
- Vehicles, equipment and items will be available for inspection by the public at designated times preceding the auction date.
- Mileage may vary by 15 miles. Hours may vary by 10 hours.
- Kansas Sales Tax will be added to all equipment and item purchases with the exception of vehicles, which is to be paid at the time of the vehicle registration at any County Tag Office.
- Sales Tax Exemption Certificates for resale or agricultural use shall be completed by the buyer.
- No "Open" Certificates of Title will be issued to the buyer. The Assignment of Title section on the reverse side of the title must be completed with the Buyer's Name, Company, etc., at the time of payment.
- In case of default, the municipality may sell the vehicles, equipment and items to bidders and hold the original bidder or contractor liable for resulting losses to the City of Wichita.
- All vehicles, equipment and items purchased become the responsibility of the buyer at the time the item is "knocked down" by the Auctioneer.
- It is the successful bidder's responsibility of pick up and load their items at the designated locations.
Internet bidding
This is an Internet-only auction, which means the highest bid online when the bidding closes on a particular item will be the winning bid for that item. Bidding for items will begin to close one item per minute at 10:00 a.m. CDT on Thursday, June 26. The items will close in the order listed on the website. This auction will feature our automatic extension system which will grant a five (5) minute extension to the end of the auction of any item receiving a bid during the last five (5) minutes. The item will then close when five (5) minutes have elapsed without any bidding activity. Unless otherwise noted, items in this auction are selling without reserve, and all Internet bids are treated as if they were given at a live auction. All bidders will be held accountable for their Internet bids.
Inspection prior to bidding
All items, unless stated otherwise, are sold "as is, where is" . Bidders are responsible for assessing item condition prior to placing a bid. We strongly recommend personal inspection of items prior to bidding. Purchaser buys entirely on his own examination. It is the responsibility of the buyer to conduct any inspection and examination necessary to satisfy him of all material facts before placing a bid.
All sales are final. No refunds given. Credit card transactions may not be reversed.
Qualifying bids and bidders
Bids over the amount of $10,000.00 are subject to Purple Wave's qualification process. Verification may include, but is not limited to, providing a bank letter of guarantee, credit references or credit card pre-authorization. Purple Wave may take any or all of these measures at any point during the auction. Purple Wave reserves the right to strike any Internet bid if the bidder refuses or fails to timely cooperate with Purple Wave's efforts to verify the bidder's qualification to bid. By registering to bid in this auction, you authorize all credit references, banks and credit reporting agencies to provide complete information about your credit to Purple Wave. For questions regarding Purple Wave's bid qualification process, please contact Amanda Hawk, Credit Specialist, at [email protected] or call 785.246.5718.
Sales taxes
State law requires Purple Wave collect sales tax on all applicable transactions. Tax rates are based on the item's location and are applied to the total purchase price (hammer price plus the Buyer's Premium). Tax will be collected unless the buyer provides proof of a tax exemption, which must be submitted before tax amounts will be removed from the invoice. Exemption forms are auction specific and will need to be completed for every event. Purple Wave cannot offer advice, opinions or guarantees about whether you are in fact exempt. Consult your tax advisors if you have eligibility questions. Purple Wave, Inc. cannot be held responsible for States' registration requirements in regards to exemptions. Please note, guidelines and regulations regarding tax exemptions may vary between states. If you are eligible for an exemption, please complete the appropriate exemption certificate and email it to [email protected] or fax to 785.539.5356.
Grouped extensions
This auction will utilize our grouped extension feature. The following asset types will be sold in groups:
- Caterpillar 70 Scrapers
- Komatsu PC400
- International 4900 Dump Truck
- Tusk Forklift
- Caterpillar 950
- International F2574 Mixer Truck
- Dumpster
- Dump Hopper
Learn more about our grouped extension feature.
Location information, also available from item view
