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Each Auction is Different – PLEASE READ!
Online auction date: Tuesday March 2, 2010
Online auction time: 8am start- Lots begin closing at 6pm
Address: 3130 Front Street, Toledo, OH 43605 & 1225 Indiana Ave, Toledo, OH 43607
Inspection times: Monday, March 1, 2010 – 9:00am – 4:00pm
Tuesday, March 2, 2010 – 8:00am – 5:00pm
Payment: You can PAY at the auction site at the above address OR at our Orbitbid.com® Corporate office if it is more convenient
ORBITBID.COM® IS NO LONGER ACCEPTING PERSONAL CHECKS FOR PAYMENT
Wednesday, March 3, 2010 – 8:00am – 5:00pm
Thursday, March 4, 2010 – 8:00am – 5:00pm
Types of payment accepted:
Cash
Credit Card (Visa, Mastercard, Discover, AMEX)
Wire transfer (contact us for information)
Company Check (company checks accepted to maximum of $5,000 – amounts exceeding this must be paid by cashier’s check, certified check, or bank verified funds)
Removal Times: PURCHASER IS RESPONSIBLE FOR ALL SHIPPING AND PACKAGING OF ITEMS PURCHASED
Wednesday, March 3, 2010 – 8:00am – 5:00pm
Thursday, March 4, 2010 – 8:00am – 5:00pm
Friday, March 5, 2010 – 8:00am – 5:00pm
Other Information: All items sold “AS IS WHERE IS” with all faults
Sales Tax: All bidders will be subject to applicable sales tax for the state in with the auction is held. If you are tax exempt, provide our office with the documentation required for exemption.
Buyers Premium: 13%. If paid by cash a 3% discount will be given which makes the Buyer’s Premium 10%.
Titled Vehicles: Note to buyers of titled items:
Buyers will be responsible for taxes and plates at their local Secretary of State office. Titles will be given of sale if paid by cash, credit card, or certified check. Company checks will take 7 days to clear before title will be released.
Posted Closing Times: Posted closing times and displays of Auction Co.’s current time are approximate. Auction Co. reserves the right to close early or extend auctions at any time at is discretion. It is strongly recommended that bids be placed early to avoid losing out due to an ill-timed, last minute bid. All times are local time for auction location. Dynamic bidding – The dynamic bid on this website is a feature that does NOT allow an item to sell at the end of the auction until there is 10 minutes of bidding inactivity. EXAMPLE: An item is bid on at 7:50pm. An auction is scheduled to close at 8:00pm. When this bid is place the ending time will automatically extend to 8:10pm. When another bid is placed at 8:01pm the auction will extend until 8:20pm. This will give bidders 19 minutes to place another bid. If no bids are placed this auction will conclude at 8:20pm. The key to your dynamic bidding feature is that the auction extends from the preset closing time in 10 minute intervals. NOT 10 minutes from when you placed your bid.
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