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1977 Cat 225 Excavator
Lot Closed
Auction by Cloverfield Machinery, LLC(4)
This item is in , TX
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Item Details
Year1977
Item Location - Postal/Zip Code75148
Item Location - State/ProvinceTexas
Make - Heavy Caterpillar
Model - Heavy 225
1977 CAT 225 excavator. Unit operates and runs. Main boom does gradually bleed off if left elevated. Needs a seat and windows are missing from cab.
Payment
Please make payment within 48 hours of conclusion of auction:
BANK WIRE INSTRUCTIONS:
JPMorgan Chase Bank NA
Wire Transfer Routing Number: 111000614
Credit To: Cloverfield Machinery, LLC.
Account Number: 152578651
JPMorgan Chase Bank NA
1111 Polaris Parkway,
Columbus, OH 43240
CheckWire Transfer
Auction Details
Auction House
Terms Of Sale
Internet Premium: 7%
SALES TAX: TX Sales Tax of 6.25% applies unless unit is being delivered outside of the state in which it is purchased. Texas buyers: 1.5% Texas “TERP” Tax on any off road powered unit over 50 HP, including Internet Premium.
If you have a Resale Tax Permit or Ag Exemption, you must provide this Certificate and complete our exemption form within 24 hours of conclusion of auction for sales tax to be removed. Sales tax will be credited back to buyer upon receiving Bill of Lading showing delivery outside of state of purchase.
Payment Options: Wire Transfer or Credit Card up to $3,000.00.
Full payment within 48 hours of the conclusion of the auction. Payment is to be made with wire transfer or credit card. Credit cards accepted up to a maximum of $3,000.00 U.S. with an additional 3% convenience fee with all sales final and no sale shall be invalidated nor disputed. No Refunds and credit card payments may not be reversed for any reason, bidding signifies your acceptance of terms.
You will receive an Invoice and Wire Instructions to the email you Registered to bid with through Proxibid! The highest bidder for each Lot shall be the Purchaser, in the event of any dispute Cloverfield Machinery, LLC. shall have absolute discretion to settle such dispute. All Sales Are Final.
Currency: USD
EXPORT BUYERS: Export buyers are required to make a $5,000.00 deposit or 10% of expected purchases, whichever is greater. Any other arrangements must be made with the management of Cloverfield Machinery, LLC prior to bidding. Export sales will be charged sales tax until proper documentation from authorized customs broker or port is received before removal of sales tax.
Buyer’s Responsibilities: Bidder offering the highest bid is considered the winning bidder and shall be the purchaser of the offered lot and no purchaser shall retract his bid. Bidder/Buyer is deemed to have accepted a lot when he makes a bid. Time to inspect unit is before bidding.
All items are sold “as is, where is” with no guaranties, or warranties as to condition, value, merchantability, safety, or usability. The item will be considered sold without any exceptions upon the final bid provided the Reserve has been met. It is the buyer’s responsibility to have inspected the item and determined the condition, year, model, serial number and mileage of the item from your inspection. All items are available for inspection prior to bidding. Possession will be obtained upon proper and verified settlement. Purchaser will be responsible for the removal, insurance, breakdown, arranging, shifting, loading, and securing of load for any items purchased. Cloverfield Machinery, LLC does not arrange nor contract freight for buyer’s items.
Removal of Items: Pay as directed above. Items become your responsibility the moment the bidding ends, please make sure they are appropriately insured. Once Items have been paid for, you will be emailed a release ticket with the address to pick up your item(s), items may be in more than one location, all items state the zip code of location for that unit in the listing to assist you in estimating shipping costs.
All items must be picked up within 15 calendar days of the conclusion of the auction. Any item not picked up by the 16th day incur an additional $20 per day storage fee starting the 16th day and item will not be released until any accrued storage fees are paid in full. Unless prior written authorization is given, any unit not picked up 30 days after conclusion of auction will be considered abandoned property and will be forfeit by the buyer and buyer waives any claim or rights to the abandoned property.
Preview Date & Times: All items can be inspected Prior to bidding during regular business hours - Monday-Friday from 8am to 5pm. For more information please contact us at 888-388-9210 to make an appointment to inspect an item.
Special Terms: Cloverfield Machinery, LLC. reserves the right to refuse the privilege of bidding at this auction sale, and to revoke such privilege at any time. All descriptions of equipment are believed to be correct, however, neither the owner nor Cloverfield Machinery, LLC. are responsible for any errors in description or conditions. The equipment is available for inspection prior to the sale. The descriptions provided are merely a helpful guide, and are in no way a warranty or guarantee, actual or implied. Some sources indicate different years for the same serial number. We do not guarantee years/miles/hours.
Cloverfield Machinery, LLC. may, at any time, at their sole discretion and without notice or liability to Bidder withdraw or cancel the sale of any lot.
Please read the Proxibid Unified User Agreement ('Agreement'), as it contains the terms and conditions that will govern your use of the Proxibid website and services. This Agreement constitutes a legally binding agreement between you and Proxibid. Your clicking on the button marked 'I ACCEPT' and use of the Proxibid website (www.proxibid.com) indicates your acknowledgment that you have read, understand, agree to, and accept this Agreement. It is your responsibility to carefully read this Agreement before using this website or the Proxibid Services. If you do not wish to be bound by this Agreement, you may not use the Proxibid website or services. https://www.proxibid.com/asp/UnifiedUserAgreement.asp
Per the Proxibid Unified User Agreement, being the high bidder is a legally binding agreement to pay for all won items and any failure to do so will result in being registered as a Default Bidder and all default bidders are barred from future bidding via Proxibid and Cloverfield Machinery, LCC. By bidding you expressly authorize Cloverfield Machinery, LLC. to disclose your bidder information to other auction venues and auction associations if you default, which may result in other auction venues barring you participation in their auctions. Any unpaid balances due after 5 business days from the conclusion of the auction will be responsible for all collection costs, unpaid storage fees and charged a rate of 18% per annum. This legally binding agreement shall be governed by and construed in accordance with the laws of Smith County, Texas.
SUBJECT TO SELLER APPROVAL OF FINAL BID “Pending Seller Confirmation” means a purchase is in pending status until the seller has confirmed they agree to the Final Bid price of an item, if the Final Bid is accepted by Seller the Lot is considered Sold to final Bidder and an Invoice will be issued for payment.