Auction Information

COMPANY CONTACT HOLLINGSWORTH ENTERPRISES INC
2749 HWY 21
FOREST, MS 39074

MAIN PHONE (601) 469-2705
ALTERNATE (601) 469-2620
FAX (601) 469-1895

Auction Details

AUCTION LOCATION 2749 hwy 21
Forest, MS  
INTERNET BUYER'S PREMIUM 7%  Please Read Payment Instructions!
STATE SALES TAX 7%
PAYMENT INSTRUCTIONS Payment Methods: Cash Personal or Company Check with Bank Letter of Credit Cashiers/Certified Check Money Order Credit Card (Visa, Mastercard, Discover) NO CHARGEBACK ALLOWED Wire Transfer Onsite bidders are to pay in full the day of the sale. Online bidders are to pay in full by 5:00 PM on the next business day following the close of the sale. (I.E. Sale on Saturday, Payment due on Monday by 5PM) Sales Tax, Title fees, and Buyers Premium will be collected where applicable. Online Bidders Special Instructions: Full Payment is due by 5:00PM on the next business day following the close of the sale. Online winning bidders whom will be paying by; cash, personal or company check, cashiers/certified check, or money order are urged to pay in person. (This is because our auctions are on Saturdays. Any of these types of payments going into the mail would most likely not arrive in our hands by the required 5:00PM on Monday.) Online winning bidders paying with credit card or wire transfer will be contacted on the next day following the close of the sale by email or by phone for specific payment instructions. Note: Any Default or refusal to pay will result in a minimum charge to the bidder’s on-file credit card of 25% of the winning bid up to the full winning bid amount plus all applicable taxes and fees, at the auctioneer’s discretion. Onsite Bidders: 5% Buyers Premium with a maximum of $100 per item. Online Bidders: 5% Buyers Premium with a maximum of $100 per item plus a 2% online processing fee. As of July 1, 2008, Mississippi State Tax Commission requires that a $50.00 “Motorcycle/ATV Trauma Care Fee” be collected on all sales to end users of ATV’s, motorcycles, utility vehicles, go carts, and golf carts. Wholesalers are exempt from this fee with valid resale permit number. Mississippi State Sales Tax: •7%: General Sales Tax (applied to all sales NOT falling under a different tax bracket OR being exempt from sales tax) •5%: Automobile Sales Tax •3%: 1.Truck Sales Tax (2 Ton or Heavier Rated Trucks, Semis) 2.“5th” Wheel Trailers (Pulled By Semi) 3.Forestry Equipment (If Claiming “Forestry” as Primary occupation/income on State/Fed Tax Return, AND must be self-propelled, otherwise 7%) 4.Farm Implements (If Claiming “Farming” as Primary occupation/income on State/Fed Tax Return AND must attach to a Farm Tractor for operation, otherwise 7%) 5.Chicken Farming Equipment (If Claiming “Chicken Farming” as Primary occupation/income on State/Fed Tax Return AND must be self-propelled, otherwise 7%) •1.5%: Manufacturing Equipment (Lathes, Welders, etc. Must Be Used in a Manufacturing Business Producing New Goods, HOBBY, HOME, OR GENERAL SHOPS DO NOT APPLY, otherwise 7%) •1%: Farm Tractors (If Claiming “Farming” as Primary occupation/income on State/Fed Tax return, otherwise 7%) •Exemptions: 1.Must present valid resale tax exempt number and/or designated agent number 2.Any vehicle (Automobile, Semi Truck, Trailers etc.) requiring a license plate tag for operation on legal right of ways, purchased in Mississippi by an out-of-state resident, will be exempt from MS state sales tax, by signing exemption claim form for MS, but will pay applicable sale tax in home state. 3.Any purchase made offsite out of state AND the item is shipped out of state to the purchaser is exempt from MS state sales tax. (Local state sales tax may apply. Purchaser is responsible for paying any applicable tax in home state.)
SHIPPING INSTRUCTIONS Buyer is responsible for shipping. Auction Company will assist with loading equipment at the allotted times.
PREVIEW DATES AND TIMES Sale items are available for preview one week before date of auction from 8 AM until 6 PM.
DRIVING DIRECTIONS From I-20, take exit 88. Turn north onto hwy 35 and travel 4 miles through town. Turn right onto hwy 21 N. Go 3 miles. Hollingsworth Enterprises auction facility located on the right hand side of hwy.
CHECKOUT DATES AND TIMES Online bidders are to pay in full by 5:00 PM on the next business day following the close of the sale.Items may be picked up on the day of the sale.
PREFERRED SHIPPERS Please contact the auction house for the preferred shipper’s contact information.
TERMS AND CONDITIONS