At that time the new owner assumes full responsibility of the item.ĩ. Ownership of an item passes to bidder when Auctioneer says “Sold”. If an item turns up missing it is still your responsibility to pay for the item in full.Ĩ.
Purchasers are responsible to keep track of high bid items. No vehicle or item may be removed or items from vehicle, keys, etc. You are purchasing the lot numbered item presented at the auction.Ħ. Confirmation of these items and details are the responsibility of the purchaser. EG Auctions is not responsible for correctness of year, genuineness of make, model or options, mileage or any other description of the vehicles. However, bidders are to examine all vehicles and other items before bidding and do so upon his or her opinion and/or examination.ĥ. All statements by the auctioneers and those statements printed in advertisements are believed to be correct. There is no cooling off provision and all purchasers are responsible fully for their purchases.Ĥ. All bids are final and binding upon the drop of the hammer. In no event shall EG Auctions be responsible for any guarantees. All vehicles or any other purchases are sold “As Is” and without guarantees. EG Auctions has permission to obtain my credit information.ģ. EG Auctions retains the right to require a cash deposit before issuing a bid pass. All bidders may be required to provide proof of means to pay for any purchases. Note: If credit card is your only method of payment, an exception may be made but would require a 3% fee to be added to the total purchase price to cover credit card fees (additional agreement signed) and requires management approval.Ģ. We do not accept credit card for purchases. Letter of Guarantee is retained by EG Auctions at time of issuing bid pass. Personal checks will not be accepted unless accompanied by an irrevocable letter of guaranteed credit from the bank stating buying limit and authorized by an officer of the bank. Terms are cash or certified personal check. I agree to pay in full on the day of the sale the bid amount plus the buyer’s fee, with cash or certified check, in the amount owed on any vehicle for which I sign a contract and/or am declared the high bidder. Buyer is responsible for shipping and all fees incurred for shipping/transport.Īll bidders are encouraged to use a Bank Letter Of Guarantee.Ĭertified Funds - Payable To The Electric Garage Inc.Īll Online Bidders MUST have a method of payment in order to be approved.ġ.
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