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Lincoln TM300 Electric Welder, s/n 508660
Lot Closed
Auction by Deanco Auction Company(556)
This item is in Philadelphia, MS
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Item Details
Lincoln TM300 Electric Welder, s/n 508660
Payment
PLEASE NOTE:
Buyer's Fee is 10% on the 1st $2,500, then 1% on the remaining balance of each item.
There is an additional 2.5% taxable Fee assessed on all Internet Purchases - A $750.00 cap on Internet Fee will be applied to each item.
EXAMPLE: If you are the high bidder at $100,000 you will have a buyers premium of $250 (10% x $2,500) + $975 (97,500 x 1%) + $750 (2.5% x 100,000 - capped at $750 per lot) = $1,975
Sales Tax: MS: All sales are subject to Mississippi sales tax unless you have proper re-sale exemption. Any dealer purchasing for resale must execute a Certificate of Resale and present your Sales Tax Permit Number. Failure to furnish to information will result in payment of sales tax.
Buyer's Fee is 10% on the 1st $2,500, then 1% on the remaining balance of each item.
There is an additional 2.5% taxable Fee assessed on all Internet Purchases - A $750.00 cap on Internet Fee will be applied to each item.
EXAMPLE: If you are the high bidder at $100,000 you will have a buyers premium of $250 (10% x $2,500) + $975 (97,500 x 1%) + $750 (2.5% x 100,000 - capped at $750 per lot) = $1,975
Sales Tax: MS: All sales are subject to Mississippi sales tax unless you have proper re-sale exemption. Any dealer purchasing for resale must execute a Certificate of Resale and present your Sales Tax Permit Number. Failure to furnish to information will result in payment of sales tax.
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Auction Details
Auction House
Terms Of Sale
Current Bank Letter of Guarantee is required for approval. If unable to obtain letter, a $10,000 deposit is required. Deposit will need to made via wire transfer. Buyer's Fee is 10% on the 1st $2,500, then 1% on the remaining balance of each item. There is an additional 2.5% taxable Fee assessed on all Internet Purchases - A $750.00 cap on Internet Fee will be applied to each item.
Terms: All purchases are to be paid for in American funds on sale day by cash or cashiers check. Personal/Company check must be accompanied with a current bank letter of guarantee made to Deanco Auction guaranteeing payment to Deanco Auction. NO EXCEPTIONS !!
Warranty: Everything is sold "AS IS, WHERE IS" without warranty or guarantee of any sort, wither expressed or implied. DO NOT BID unless you have determined the condition of the lot from your OWN EXAMINATION. All information was obtained from sources assumed to be correct but is not guaranteed by Deanco Auction
Catalogs: This brochure is furnished by the Auctioneer as a guide only. No guarantee as to the accuracy of description is made.
Sales Tax: MS: All sales are subject to Mississippi sales tax unless you have proper re-sale exemption. Any dealer purchasing for resale must execute a Certificate of Resale and present your Sales Tax Permit Number. Failure to furnish to information will result in payment of sales tax.
MS Sales Tax Rates are as follows:
3% for Heavy Trucks and Semi Trailers (*In-State Purchases Only)
5% for Autos and Light Trucks (*In-State Purchases Only)
7% for General - including Construction Equipment, Bumper pull Trailers, Attachments, Etc.
*Qualifying titled items sold out of state will not be charged MS sales. The tax will be paid in Buyers home state when registered.
All property is sold ?AS IS?, and ALL SALES ARE FINAL. Property is open to thorough public inspection. It is the Bidder?s responsibility to determine condition, age, genuineness, value or any other determinative factor. Deanco Auction Company may attempt to describe the merchandise in advertising, on the Internet and at the auction but makes no representations. In no event shall Deanco Auction Company be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Bidder shall be the sole judge of value.
Bidders who bid from off site and are not present at the live auction or preview understand and acknowledge that they may not be able to inspect an item as well as if they examined it in person. It is the Bidder?s responsibility to determine condition, age, genuineness, value or any other determinative factor. Deanco Auction Company shall endeavor to describe in detail each item and any pertinent information about it. Deanco Auction Company will not be responsible for any errors or omissions in the description of the merchandise unless it is a material and intentional misrepresentation of the item itself. Bidder agrees that everything is sold as is and that they may not return any item they purchase.
Deanco Auction Company is providing Internet pre-auction and live bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall Bidder have any kind of claim against Deanco Auction Company or anyone else if the Internet service fails to work correctly before or during the live auction. Deanco Auction Company will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bid is acknowledged should use the proxy-bidding feature and leave their maximum bid 24 hours before the auction begins. Deanco Auction Company reserves the right to withdraw or re-catalog items in this auction.