Special Terms
All Bidders of items at auction conducted by BIC Auctions, Inc. hereby agree to the following:
CATALOG & CLERKING
Auction Catalog is a guide-only.
B.I.C. Auctions, Inc. reserves the right to group lots, reduce or add quantity to lots, add lots, or delete lots. B.I.C. Auctions, Inc. makes every effort to accurately describe all items, but there is the possibility of error. B.I.C. Auctions, Inc. is not responsible for any errors or omissions in the description of merchandise.
BIDDING
Many lots are sold times the quantity (bid multiplied by the quantity). It is bidder’s responsibility to review the quantity before placing bid.
A bid cannot be rescinded or retracted. A bid is a legally binding obligation to buy the merchandise at the price stated as your bid, in addition to taxes and fees.
The record of sales kept by the auctioneer and clerk will be taken as final.
AS IS, WHERE IS
B.I.C. Auctions, Inc. makes no warranty, expressed or implied as to quality, quantity, condition, usability, salability, weight, measurement, age, model, mechanical condition, performance or other specifications of items being sold.
Please inspect all items before bidding. It is the Bidder’s responsibility to determine condition, value or any other determinative factor of items for sale. All goods are sold “AS-IS” and “WHERE-IS” (WITH ALL FAULTS, IMPERFECTIONS AND DEFECTS).
There are no refunds or exchanges. All sales are FINAL.
BUYER’S PREMIUM
13% Buyer’s Premium will be applied to all purchases online.
Sales Tax: 7% IA, 8% Carrier Mills, IL, 10% Peoria, IL will be applied
$35 fee added to all titled items.
PAYMENT
Invoices must be paid in full within 24 hours from auction ending.
Acceptable forms of payment include Moneywire, Cash, Cashier’s Check, Personal/Company Check (ONLY if accompanied by bank letter of guarantee), Visa* or MasterCard* (with additional 3% surcharge applied). *There is a $5,000 limit on credit cards.
Payment is ONLY accepted at 301 E Henry Street, Mt. Pleasant, IA.
A $50 fee per day will be added to unpaid invoices. BIC reserves the right to charge credit card on file for up to the full winning bid, inclusive of buyer’s premium and 3% credit card surcharge.
In the event the buyer fails to perform contractual obligations (payment and removal), buyer will be deemed to be in default and BIC, at its option, may scrap, remarket or resell the property, in which event, buyer will be liable for all losses incurred including the difference between the buyer’s winning bid price and the resale price, costs of resale, legal fees and any losses incurred by BIC or BIC’s client as a result of buyer’s default.
REMOVAL
Purchases will not be released until invoice is paid in full.
Buyer is responsible for all loading.
Appointment is required for all Load Out.
All items must be removed by Wednesday, December 7, 2022 at 4PM CT.
LOCATIONS
301 E Henry Street, Mt. Pleasant, IA 52641
9580 IL-13, Carrier Mills, IL 62917
LOAD OUT TIMES (by Appointment Only)
Thursday, December 1: 8AM to 4PM CT
Friday, December 2: 8AM to 4PM CT
Saturday, December 3: 8AM to 4PM CT
Monday, December 5: 8AM to 4PM CT
Tuesday, December 6: 8AM to 4PM CT
Wednesday, December 7: 8AM to 4PM CT
