Name U of L Internet Only Auction
Auctioneer McGinnis Auction & Appraisal Service
Type Online-Only Auction
Date(s) 3/16/2014 - 4/3/2014
Internet Only, Sunday, March 16, 2014, 0600
Preview Date/Time Auction Preview will be held only on the specified dates. Friday, March 14, 2014 9:00 - 4:00PM EST & Saturday, March 15, 2014, 9:00 - 4:00 PM
Checkout Date/Time Pickup dates: Sunday, April 6th and Sunday, April13th, 8:00AM to 4:00PM EST
Location University of Louisville Swain Student Activities Center 2100 S. Floyd Street
Louisville, KY 40208
Buyer Premium 7% Buyer's Premium
Description
Exercise & Fitness Equipment Online Auction Only University of Louisville Swain Student Activities Center 2100 S. Floyd Street Louisville, Kentucky 40208
1. All items sold "AS IS, WHERE IS" with all faults. 2. All item descriptions believed accurate but not warranted by the University of Louisville or McGinnis Auction & Appraisal Service. Any weights or measurements when specified in the descriptions are approximate and not actual. Any equipment deficiencies noted may be posted in the item descriptions, and it should be noted this is used equipment with blemishes, dents, scratches or other defects. 3. Bidder inspection is highly encouraged. Please attend one of the preview periods prior to bidding; once you have been notified as the winning bidder on an item, it is your item and your responsibility to make full payment under the terms of the auction. 4. By placing a bid, bidder signifies that they have examined the item(s) to their satisfaction, or that they have chosen not to personally examine them. 5. The University of Louisville or McGinnis Auction & Appraisal Service reserve the right to reject any bid. 6. Applicable sales tax for Kentucky is 6% all sales tax exemption certificates must be on file before the bidding begins or taxes will be charged. Ky Exemption forms must be emailed to info@mcginnisauctions.com. (subject: Tax Certificate) 7. Full payment is expected at the conclusion of the auction by Visa or MasterCard, the only charge cards accepted for this auction. Cash payment will only be accepted with prior approval by the auction company, otherwise all payments will be made by credit card. A 7% Buyer's premium will be added to the high bid to determine the final purchase price. Any bidder who fails to make full payment as specified will be barred from all future auctions conducted by McGinnis Auction & Appraisal Service regardless who the seller may be. 8. The auction company reserves the right to use any credit card on file to complete the purchase transaction once the auction closes. 9. Scheduled pickups will be only at the specified dates & times. Sunday, April 6, 8:00 - 4:00 or Sunday, April 13, 8:00 - 4:00. No other pickup times will be available for this equipment. Any items not picked up during these periods will be considered abandoned and the University reserves the right to resell at a future auction. 10. A forklift & operator will be provided at loadout but no Packaging Material or Shipping Services will be provided by the University or the Auction Company. All packaging material or shipping will be the responsibility of the buyer. Arrangements can be made through shipping providers such as Nick of Time Freight Brokers, Leon Duke, President, Toll Free 888-247-9393, ext. 1. or other shipping services such as Uship, again no assistance will be provided by the University or the auction company for packaging or shipping arrangements. 11. Any disputes or claims shall be settled by the Courts of Jefferson County, Kentucky. 12. The University Staff and the Auction Company reserve the right to bid on any item scheduled in this auction. 13. This is an internet-only auction, University of Louisville & McGinnis Auction & Appraisal Service reserve the right to cancel and/or reopen the auction in the case of system failures.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 5.00 USD
100.01 - 1,000.00 25.00 USD
1,000.01 - 10,000.00 250.00 USD
10,000.01 - 100,000.00 2,500.00 USD
100,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 7% Buyer's Premium
Payment Terms
Full Payment must be made at the conclusion of the auction, Visa & MasterCard charge cards will be the preferred method of payment for this auction. No other credit cards will be accepted. Cash payments will be accepted at time of pickup but only with prior approval and a credit card on file with the auction company. Any cash payment request must be sent by email to info@mcginnisauctions.com (subject: Cash Approval) prior to the close of the auction. There will be a 7% Buyer's premimum on all purchases regardless of the method of payment. Kentucky State Sales Tax will be collected on all purchases without a Tax Exemption Certificate on file with the auction company prior to the bidding process. See auction terms for additional details.
The University of Louisville has set these times to meet the needs of the various activities of the university. Scheduled pickups will be only at the specified dates & times. Sunday, April 6, 8:00 - 4:00 or Sunday, April 13, 8:00 - 4:00. No other pickup times will be available for this equipment. Any items not pickup during these periods will be consider abandoned and the University reserves the right to resell at a future auction. A forklift & operator will be available for loadout & no other Packaging or Shipping Services will be provided by the University or the Auction Company. All packaging or shipping will be the responsibility of the buyer. Arrangements can be made through shipping providers such as Nick of Time Freight Brokers, Leon Duke, President, Toll Free 888-247-9393, ext. 1. www.nickoftimebrokers.com other shipping service such as Uship are also recommended.