Thursday, January 22, 2009
12 p.m. CST
Terms for this auction
The Purchase Terms applicable to this overstock auction, Terms of Website Use for this website, the auction-specific terms noted below and the terms noted in each asset's individual listing collectively comprise the terms governing this auction event ("Auction Terms"). Anyone using this website, registering to bid in and/or placing bids in this auction agrees to abide by all Auction Terms.
A 10% buyer's premium will be added to all winning bids, resulting in the total purchase price, exclusive of any applicable sales taxes, owed by the winning bidder. The buyer’s premium will be included in the price against which applicable sales taxes are calculated.
Winning bidders will receive an email invoice from Purple Wave upon completion of the auction. Invoices must be paid in full by 12:00 p.m. CST nine (9) days after the auction date. Cash and wire transfers in any amount will be accepted. Checks up to $2,000.00 will be accepted without a bank guaranty letter. Checks of $2,000.00 or greater will be accepted only with a bank guaranty letter 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 email authorization or in-person signatures are obtained from the cardholder. Purple Wave reserves the right to hold assets until funds availability is confirmed. Unless a deposit or acceptable bank guaranty letter is delivered to Purple Wave prior to the close of bidding, by placing bids you authorize Purple Wave at its discretion to place a hold on your credit card for up to 10% of your projected or actual invoice total.
Qualifying bids and bidders
By registering to bid in this auction, you authorize Purple Wave to verify your qualification to bid. Verification may include placing a hold on your credit card, obtaining credit or bank references from third parties, obtaining deposits of any amount and/or obtaining bank guaranty letters. Purple Wave may take any or all of these measures at any point prior to or after your first bid and 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.
Fees for failing to timely pay for items won
If payment is not timely made as required above, the winning bidder's credit card on file with Purple Wave will be charged for some or all of the bidder's invoice amount, including late fees, at Purple Wave's discretion. Additionally, a $30 late payment fee will be assessed for each partial or full day beyond the payment deadline for which payment is not made. Purple Wave and the seller reserve the right to pursue all legal remedies.
Asset shipping / acceptance deadlines
Assets will not be released to winning bidders until payment in full is made. All assets sold in this auction will be by the seller FOB the asset’s current location on or before ten (10) days from the auction date. Storage fees of $100.00 per auction lot will apply each full or partial day beyond the shipping deadline. Any storage fees must be paid before items will be released for shipment
Shipping will be with the seller's carrier ONLY. Shipping charges will be calculated according to the weight of the total order. ESTIMATED shipping charges by weight can be found in the table below. Exact shipping charges will be added to the invoice following a buyer being declared the winning bidder and providing Purple Wave with the shipment destination. Each camera weighs approximately 0.5lbs. Estimated weight of each lot is in the item level description. Multiple won lots will be combined.
As further detailed in the Purchase Terms, all items in this auction are sold “AS IS,” unsupported, without warranty of any kind.
No Minimums, Reserves or Floor Prices
All items in this auction sell without reserve to the highest qualified bidder. No minimums or reserve prices apply.
Please call 785.537.5057 or email firstname.lastname@example.org for more information. Problems with or questions about Internet bidding should be directed to email@example.com.