HOW TO BID
1. Live auction - Attend the auction and bid in person.
2. Proxy / Absentee through our website at (SOME SALES HAVE REAL-TIME INTERNET BIDDING, CHECK THE INDIVIDUAL SALE FOR DETAILS)
PROXY / ABSENTEE BIDDING: You can bid by going to our website at (www.bidera.com) and follow the link to bid on line to place proxy / absentee bids. REMEMBER when bidding on line, you STILL have to tender a deposit (20% OF YOUR TOTAL BIDS) BEFORE your bids will be considered. You will be asked for a credit card when you register but this is ONLY to verify your identity! Bidding on line is very simple.
BY PLACING A BID(S) IN PERSON OR ONLINE YOU ACKNOWLEDGE AND ACCEPT THE TERMS OF SALE.
All Proxy / Absentee bids must be received no later than 3:00 Eastern Standard Time on the day before the auction.
All Bids (proxy OR on line) must be accompanied by a deposit equal to or greater than TWENTY percent (20%) of your total bids. Without this deposit your bids will NOT be considered qualified bids. Acceptable forms of deposit are as follows: Wire Transfer - Verified Bank Check - Company Check accompanied by an irrevocable letter of "GUARANTEE". Credit Cards: Visa or MasterCard.
Wires must be received no later than 3:00 PM EST on the day before the auction. Wire your deposit to us at:
Wells Fargo ABA #: CALL FOR INFO,
CREDIT TO: BIDERA ACCOUNT #: CALL 305-822-5000
Please remember to include your company name and/or bidder number in the wire for identification
NO WARRANTIES. Every item and lot in the "Auction" is sold: (a) AS IS, WHERE IS AND WITHOUT RECOURSE", and (b) with no warranties, guarantees or representation of any kind or variety, whether expressed, written, implied or otherwise.
INSPECTION / REPRESENTATION: If you choose to bid without inspecting the items, your bids are in accordance with your investigation and due diligence NOT our descriptions or representations. You assume all risks associated with bidding without inspection.
BALANCE OF PAYMENT: If you are a successful on line or proxy bidder an invoice will be emailed to you the evening of the auction. The balance indicated on the invoice must be received via wire transfer by 12:00 NOON on THE DAY AFTER THE AUCTION. In the event this sum is NOT received, your deposit may be subject to immediate forfeiture, without recourse of any kind and the awarded item(s) sold to another party.
REFUND: In the event the Proxy / On line Bidder is not successful, the deposit amount shall be returned via the same method in which it was tendered within five business days of the auction date. NOTE: If you wire us a deposit and want it returned via wire, you must email or fax us your wire transfer information, we cannot "reverse" a wire.
SALES TAX. Sales tax will be charged and collected by BIDERA on all purchases, as required by the appropriate state and local laws. To be exempt from sales tax, the "Bidder" must present a sales tax exemption number and locally required documents acceptable to the state in which the items are located. To qualify for any available exemption, the Bidder must sign any form required by BIDERA. Out of State purchasers will not be responsible for sales tax, as long as your trucker provides a straight bill of lading showing shipment out of state via common carrier.
ADDITION TO OR WITHDRAWAL FROM SALE. BIDERA reserves the right: (a) to withdraw from the sale any item or items; (b) to add and sell any item or items not listed; (c) to group one or more items or lots into one or more selling lots; (d) to subdivide any lots into two or more selling lots; and (e) to sell any/all of items listed in bulk.
CONDITION OF ITEMS SOLD. All information is believed to be accurate, but BIDERA (a) shall not be responsible for the correct description, authenticity, genuineness of, or any defect in, any item or lot; and (b) make no warranty in connection therewith. No allowances will be made or sale set aside on account of any incorrectness, error in cataloging or any other imperfection not noted. No deduction will be allowed for damaged articles as all goods being exposed for public exhibition are sold (I) "AS IS, WHERE IS, AND WITHOUT RECOURSE": and (ii) with no warranties, guarantees or representations of any kind or variety, whether expressed, written, implied or otherwise.
Your purchases are made in accordance with YOUR evaluation of the items(s) purchased and due diligence NOT our descriptions or representations. You assume all risks associated with bidding without inspection.
COMPLIANCE WITH THE TERMS OF SALE. If the Bidder fails to pay in full any amount owed in connection with a successful bid at the Auction within the designated time period, , in addition to all other remedies allowed by law,BIDERA may retain all monies received as a deposit or otherwise liquidated damages. All items or lots not paid for within the time specified herein may be resold by at public or private sale without further notice. Any resulting deficiency, together with all expenses and costs of re-sale, will be the responsibility of the Bidder. The failure or default by the Bidder to comply fully with the terms and conditions herein will be treated as an immediate breach and any deposit or other payment that may have been made may be retained by BIDERA and applied toward any deficit or additional costs or charges as incurred to effect the resale of that item or lot at private or public sale. There shall be no further notice required to the Bidder once a default has occurred. The Bidder shall be liable for all costs incurred, plus any deficit arising, from the Bidder's default.
PERSONAL AND PROPERTY RISK. Persons attending the sale or otherwise in attendance during the sale, exhibition, or removal of any item or lot assume all risks of damage of or loss to person and property and specifically release and indemnify BIDERA from liability therefore. Neither BIDERA the Seller nor any of their respective principals, officers, directors, employees or agents, shall be liable by reason of any defect in or condition of the premises in which the sale is held.
REMOVAL: Your purchases will be available for as indicated in the auction catalog or as announced at the auction. Removal is the responsibility of the purchaser, no labor or equipment will be provided.
The successful bidder(s) shall be responsible for removal of all won lots from the auction site. Riggers, companies or individuals disconnecting and / or moving equipment from the site will be required to supply a certificate of liability insurance in an amount no less than One Million Dollars per occurrence.
Additional terms and conditions may be announced at the beginning of the auction. Announcements made at the Auction take precedence.