TERMS/CONDITIONS: Complete payment day of sale * Bank Letter of Credit must accompany all checks * Sales Tax and Title fees will be collected where applicable* Onsite Bidders: 5% Buyers Premium with a maximum of $100 per item.*Online Bidders: 5% Buyers Premium plus a 2% online processing fee.*Every item sold AS IS – WHERE IS without warranty or guarantee of any kind, express or implied * Although every item is presently committed to this sale, we do not assume responsibility for any items that may be withdrawn due to circumstances beyond our control * All information was obtained by sources deemed correct but it is not guaranteed by Hollingsworth Enterprises, Inc. * All announcements made day of sale supersede any printed material.
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 2% convienience fee
Wire Transfer (instructions to be given upon request after invoice received) $10.00 wire transfer fee
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 plus a 2% online processing fee.
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
Checkout and Loading/Shipping:
All winning bidders are responsible for providing a shipping company for removal of the purchased items.
Items may be picked up on the day of the sale as long as weather and lighting conditions are favorable. Buyers have one week following the close of the sale to pick up their items.
Monday-Saturday: 7:30am-5:00pm
Sunday: 8am-3pm
Appointments must be made after that time.
Paid receipt must be in hand before any item may be removed from the sale site.
Any buyer sending a shipping company to haul for them must send receipt or copy of receipt for retrieval of items.
PREVIEW DATES AND TIMES
Sale items are available for preview one week before date of auction from 8 AM until 6 PM.
DRIVING DIRECTIONS
Driving on US I-20, Take exit 88. Turn north onto hwy 35, travel 4 miles through the town of forest, through 4 traffic signals. Turn right onto hwy 21 north just past Pizza Hut. Travel 3 miles and auction facility is on the right.
CHECKOUT DATES AND TIMES
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.
PREFERRED SHIPPERS
Please contact the auction house for shipping information.
