SOLD! Prairie Ag & Auto Business Liquidation Auction | 6-2-2016
SOLD! June 2 Prairie Ag & Auto Business Liquidation Auction
Auction Date Thu, Jun 2nd 2016, 3:00 PM GMT
Open inspection available Friday, May 27 from 8:30 a.m. to 3:30 p.m.
Pursuant to Kansas law, Purple Wave will not be collecting sales taxes on any of the purchases made in this single-seller auction.
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.
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 two items per minute at 10:00 a.m. CDT on Thursday, June 2. 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. All items 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.
Titled Assets / Transfer of Ownership
Titled assets selling on www.purplewave.com are checked for transferability prior to appearing on our website. Titled assets will have a government issued title or documentation necessary for transfer of ownership. Titled assets with "Salvage", "Non-Highway" or other brands are typically included in the description, however it is the responsibility of the bidder to investigate title history and registration. Purple Wave is not responsible for undisclosed title brands, back registration fees or whether or not a vehicle will pass inspection.
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 Maggie Deckert, Credit Specialist, at Maggie [email protected] or call 785.246.5718.
Sales taxes
Pursuant to Kansas law, Purple Wave will not be collecting sales taxes on any of the purchases made in this single-seller auction.
Grouped extensions
This auction will utilize our grouped extension feature. The following asset types will be sold in groups:
- Forward Lift vehicle lift
- Hickory grilling pellets
Learn more about our grouped extension feature.
Sale order
Items in this auction are sorted by bid amount until 24 hours prior to the auction. The items will be sorted in their final sale order 24 hours prior to the auction.
Payment information
Payments must be made by 4 p.m. CDT on the second business day following the auction. Purple Wave reserves the right to charge the credit card on file the total purchase price, $30.00 late payment fee for invoices not paid within our terms. Business hours are Monday through Friday 8 a.m. to 5 p.m CDT. Cash and wire transfers (wire instructions) in any amount will be accepted. Checks up to $10,000.00 will be accepted without a bank guaranty letter. Checks of $10,000.00 or greater will be accepted only with a bank guaranty letter (letter requirements) or with prior approval from Purple Wave's credit department. MasterCard or Visa will be accepted only for charges up to $2,000.00, and only after authorization (via website or email) or in-person signatures are obtained from the cardholder. Purple Wave reserves the right to hold assets and/or certificates of title until funds availability is confirmed.
Item removal requirement
Merchandise must be removed in accordance with the removal terms listed for each item location. A paid receipt must be presented to remove items from the premises. Buyers who incur storage fees as a result of late pickup must present a paid receipt for the total invoice price and all storage fees before removing items from the premises. Item's not removed within fourteen (14) days after the auction are subject to penalty up to and including additional storage fees, administration fees and item forfeiture. Purple Wave and/or seller reserve the right to pursue legal remedies.
Default by Buyer; Consequences
Failure to pay by the payment deadline noted in these terms and conditions ("Payment Default") will result in an additional administrative fee equal to 15% of the winning bid price (minimum $100.00 fee). After the payment deadline, Purple Wave may also declare the asset abandoned under its Abandoned Asset Policy resulting in additional costs and potential losses to the buyer. Read the Abandoned Asset Policy carefully.
Failure to remove an asset by the removal deadline noted in these terms and conditions ("Removal Default") will result in an additional administrative fee equal to 15% of the winning bid price (minimum $100.00 fee), plus storage fees of $25/day until the asset is ultimately removed from the auction site. After the removal deadline, Purple Wave may also declare the asset abandoned under its Abandoned Asset Policy resulting in additional costs and potential losses to the buyer. Again, read the Abandoned Asset Policy carefully.
Payment Default and Removal Default are not inclusive of each other and may be added together. In all cases of buyer default of the auction terms and conditions, Purple Wave and the seller reserve the right to pursue all legal remedies.
Location information, also available from item view
Shipping and Transportation
Beaver Valley Logistics, LLC provides shipping and transportation services to winning bidders on ag, construction and fleet type assets. Beaver Valley Logistics does not provide shipping on items weighing less than 1,000 pounds.
To obtain a quote from Beaver Valley Logistics contact Glen Hayes at [email protected] or 785.689.7573.
In order to provide accurate shipping quotes, please supply the following information.
- Origin city, state and zip code
- Destination city, state and zip code
- Auction date and item number
- Commodity description
- Destination unloading capabilities (dock, forklift, etc.)
Beaver Valley Logistics will recommend the safest, most reliable and cost effective transportation options.
Any shipping/transportation arrangements are ultimately between the buyer and the shipping company and not Purple Wave.
Winning bidders may choose to make transportation arrangements themselves, provided that all removal terms and conditions are met. Purple Wave does not provide packing or rigging services.
Questions
Item-specific questions should be directed to the contact listed above at the item location. Please contact Purple Wave at [email protected] or 866.608.9283 for more information. Problems with or questions about Internet bidding should be directed to [email protected]
