The following terms and conditions govern the bidding process for auctions conducted by Jeff Martin Auctioneers, Inc. (“Martin”). These terms apply to all bidders, including those participating online. Understanding these rules is crucial before placing any bids. This document outlines key aspects of the auction process, including fees, payment terms, bidder responsibilities, and liability considerations. The Centech Obdii Eobd Update 60694 may be relevant to certain equipment offered in these auctions, and bidders should verify the applicability of this update to specific lots.
Key Auction Terms and Conditions
Fees and Payment
- A buyer’s premium, varying by auction, is added to the winning bid. Refer to specific auction details for the applicable premium.
- Payment is due on the auction day or upon invoice receipt.
- A $75 documentation fee applies to each titled item. Titles are released on auction day only for cash, cashier’s check, or wire transfer payments.
- A 3% surcharge applies to credit card payments.
- Buyers are responsible for directly paying any required rigger fees on-site for designated lots.
- Storage fees up to $100 per item per day may be assessed for items not removed by the deadline. A $250 call-out fee may be added for special pickup arrangements after the deadline.
Bidder Requirements and Responsibilities
- Online bidders may need to submit a deposit before bidding approval. Deposit amounts vary based on the auction and bidder status (domestic or international).
- Sales tax applies to all purchases.
- Bank letters or prior auction purchase history may be accepted in lieu of a deposit at the auctioneer’s discretion.
- Bidders are responsible for inspecting items before bidding. Martin provides no guarantees or warranties regarding item condition. Descriptions in catalogs or websites are guidelines only.
- Risk of loss or damage transfers to the winning bidder upon the acceptance of the high bid, regardless of payment status.
Liability and Other Important Information
- Bidders are liable for personal injury or property damage caused by themselves, their guests, or agents. Martin is held harmless from any such liability on auction premises.
- Bidders release Martin and the seller from liability related to item removal, transportation, and future use.
- Registered bidders agree to receive advertisements via email, mail, phone, and text.
- For titled purchases, bidders grant Martin power of attorney to sign title documentation for ownership transfer.
- Martin reserves the right to remove or skip auction items, voiding any pre-bids or absentee bids. Auctioneer announcements supersede printed materials.
- Firearms are sold as-is with no testing or functionality guarantees. Inspection by a licensed gunsmith is recommended.
- Martin may revoke bidding privileges and remove individuals from the auction site.
- Photography, video, and audio recording are used for security and promotional purposes.
- Online bidders who fail to pay within two business days may be banned from future auctions. Invoices will not be split, and items are released only after full payment.
Conclusion
These terms and conditions are designed to ensure a fair and transparent auction process. Bidders are strongly encouraged to review the complete rules of the auction, available from Martin, before participating. Understanding these terms is essential for a successful bidding experience. Contact Martin directly for any clarifications or questions.
