Auction Terms
READ - READ - READ!!!
A 10% BUYER’S PREMIUM APPLIES TO ALL PURCHASES AT THIS AUCTION!
TERMS: Cash and/or Certified Funds in-full day of sale, Personal and/or Company Checks ONLY with Bank Letter of Guarantee *
payable to DAVID D'AMICO AUCTIONS & APPRLS
* Click on 'SAMPLE BANK LETTER of GUARANTEE' under 'Documents' (drop-down menu above).
NOTE...All Wire Transfers MUST be COMPLETED Day of Auction AND Before Removal...NO Credit Cards.
10% Buyer’s Premium (Fee) + Applicable Sales Tax collected (unless exempt). ALL SALES FINAL!
IF TAX EXEMPT, MUST BRING COPY of CURRENT (2010) RESALE TAX (EXEMPTION) CERTIFICATE!
ORDER of SALE: 9:00 AM - #1 NISSAN Bldg, 4051 W Vernon Ave; 1:00 PM - #2 CJD SUZUKI Bldg, 4050 W Vernon Ave (See MORE DETAILED LISTING under Documents, drop-down menu above).
Sorry, No Online and/or Absentee Bidding!
All Items Removed by Friday (2:00 PM) following Auction date!
SPECIAL TERMS of REMOVAL (for 2 & 4-Post Lifts):
Anyone removing 2-Post & 4-Post Lifts must provide Auctioneer with a certificate of insurance (COI) before said Lifts can be dismantled and/or removed. Such COI must comply as follows:
Be on standard ACORD Form from your insurance provider.
Minimum requirement is $2,000,000 Aggregate / $1,000,000 Each Occurrence.
State Purpose (TO DISASSEMBLE and/or REMOVE 2-POST & 4-POST LIFTS)
Name location (KINSTON AUTOMOTIVE, 4050-1 WEST VERNON AVE, KINSTON, NC 28504)
Name Auctioneer (DAVID D’AMICO AUCTIONS & APPRLS) as Certificate Holder.
COI, completed and signed, can be faxed to # 413-778-6310.
AUCTIONEER’S NOTE: Although information obtained from sources deemed reliable, Auctioneer makes no warranty or guarantee, expressed or implied. Buyers should avail themselves of opportunity to make inspection prior to sale. Statements made day of Auction take precedence over all printed material.
David D'Amico, North Carolina Auctioneer License No. 8431
* In March 2008, a Bidder purchased tools and equipment, gave us a 'bad' check for over $3,500.00 (twice returned NSF) and, after repeated attempts on our behalf, to date that same Bidder has made no effort to pay this debt. While it wasn’t our first exposure to this sort of 'theft by deception,' we’ve decided it’s our last. We will no longer extend a 'benefit of the doubt' to Buyers who have NOT previously attended one of our Auctions. Please click on 'SAMPLE BANK LETTER of GUARANTEE' (pdf) under 'Documents' on the More Info page.