Bidspotter.com-Live Internet Auction Broadcasting-Live Event Information-2010-09-03

BidSpotter.com BidSpotter Live Internet Auctions and Auctioneers bidding is easy! Auction software leaders

http://www.loebwinternitz.com

Name

Elmhurst Lincoln Mercury, Inc.

Where

150 W. Grand Avenue
Elmhurst IL USA

When

Thursday, July 15th, 2010
Scheduled start time: 10:00 AM US Central Time

Selling Currency & Internet Fee/Buyer Premium

Currency: USD IF/BP:15.0%

Contact

Phone: 773-496-5740
Email: CharlesW@loebwinternitz.com

See all Loeb Winternitz scheduled auction broadcasts!

What would you like to do?
Preview Inventory & Place Bids (432 items)	Learn how to bid!
First time BidSpotter.com registration!	Register for this auction!(current BidSpotter.com registrants)

Auto Dealership, Service and Repair Facility Assets consisting of: Altesco Service Lane Diagnostic System (2005); $60,000 (approx.) Cost of New Ford Factory Parts; Brewco Executive 360 Frame Machine; Hunter Digital Imaging Alignment System; Binks Downdraft Drive-In Paint and Bake Booth (New 1995 approx.); Hunter Tire Changer (New 2005); Hunter Wheel Balancer; Ammco Break Lathe; Branick Tire Spreader; Branick Strut Spring Compressor; Rotunda SBDS; Wynn's Trans Flush and Fill; Vacutec Emissions Tester; Robinair Rec., Recyc. & Recharging Systems; Rotary 12,000# Above-Ground Lift; (14) 2-Post In-Ground Lifts; PLEASE NOTE - NO VEHICLES ARE INCLUDED IN THIS AUCTION SALE

NOTICE:  All bidders and other persons participating in this sale agree that they have read and have full knowledge of these terms and agree to be bound thereby.

1.  IDENTIFICATION:  All participants are required to register prior to becoming an “Approved Bidder.” All Participants are required to give full name; permanent street address (P.O. Boxes will NOT be accepted or approved); phone number(s); email address; and website, if applicable.  Subsequent to registration on Bidspotter, approval to bid is at our discretion.

2.  DEPOSITS:  All Online Registrants will be required to submit the requested Contact Information, including: Business Name, Individuals Name, Company URL, related company contact info., and Drivers License Number to be “Approved.”  NO EXCEPTIONS.  INTERNATIONAL BUYERS must either wire transfer a fully refundable cash deposit in the amount of $10,000, or have arrangements made with our office to be “Approved” to bid.

APPROVAL TO BID IS CONDITIONAL BASED ON THE COMPLETENESS OF THE INFORMATION SUBMITTED, AND AT THE DISCRETION OF THE AUCTION COMPANY.

3.  BUYERS PREMIUM / SALES TAX: A BUYER'S PREMIUM OF 15% WILL BE APPLIED TO INVOICE IN ADDITION TO THE SALES PRICE.  Where required by law, ANY APPLICABLE SALES TAX WILL BE APPLIED TO ALL SALES UNLESS BUYER HAS PROPER EXEMPTION.

4.  PAYMENT: All Invoices MUST be paid in full WITHIN 48 Hours after completion of the auction sale, unless prior payment arrangements have been made.  NO MERCHANDISE WILL BE RELEASED UNTIL INVOICE IS FULLY PAID.  ANY UNPAID BUYERS PURCHASES MAY BE DEEMED UNSOLD, OR ABANDONED, AND RE-SOLD AT THE AUCTIONEERS DISCRETION.  Any deposit made by the buyer, in which they did not complete their purchases, will be retained by the auctioneer as liquidated damages.

5.  MANNER OF PAYMENT:  Payment may be made in the form of WIRE TRANSFER; COMPANY CHECK w/ Bank Letter; CASH, or CASH Instrument.  CREDIT CARD PAYMENTS WILL BE ACCEPTED AT THIS AUCTION.  FOR INVOICES IN THE AMOUNT OF $5,000 OR LESS, BUYER AUTHORIZES LOEB WINTERNITZ TO CHARGE BUYERS CREDIT CARD FOR PAYMENT IN FULL WITHIN 48 HOURS AFTER THE COMPLETION OF THE AUCTION SALE, UNLESS ALTERNATIVE ARRANGEMENTS HAVE BEEN MADE WITH LOEB WINTERNITZ PRIOR TO BIDDING. All checks for deposit and balances due shall be payable to the order of LOEB WINTERNITZ LLC.  All bills must be paid, and SENT, to the offices of LOEB WINTERNITZ LLC.  The full purchase price on all lots sold to the same buyer must be paid within the time fixed and before removal of any of the goods.  Business and Personal checks may not be accepted without a letter of verification from your bank.

6.  REMOVAL: All purchases MUST be removed as herein listed:  WE ASSUME NO RESPONSIBILITY FOR SMALL, CARRIABLE ITEMS LEFT ON PREMISES.  All Items Must Be Removed No Later Than FRIDAY JULY 30, 2010. ANY ITEMS REMAINING ONSITE AFTER JULY 30TH MAY BE CONSIDERED ABANDONED.

REMOVAL HOURS: MONDAY JULY 26ST THRU FRIDAY JULY 30TH 8:00 AM to 4:00 PM.  LAST DAY OF REMOVAL IS JULY 30, 2010, NO EXCEPTIONS.  NO WEEKEND OR HOLIDAY REMOVAL.

Purchases may be removed only on presentation of paid bill.  Removal shall be at the expense, risk and liability of the purchaser.  Auctioneer shall not be responsible for goods not removed within the time allowed, but shall have the option to remove and store at the expense and risk of the purchaser any article purchased, but not paid for and removed within the time aforesaid.

7.  CONDITION OF ARTICLES SOLD:  Neither the auctioneer nor the seller shall be responsible for the correct description, genuineness, authenticity of, or defect in any lot, and makes no warranty in connection therewith. No sale shall be set aside nor allowance made on account of any incorrectness, error in cataloging, or any imperfection not noted.  NO DEDUCTION ALLOWED ON DAMAGED ARTICLES, ALL ARTICLES BEING EXPOSED FOR PUBLIC EXHIBITION, AND SOLD "AS IS" AND WITHOUT RECOURSE.  ARTICLES ARE NOT WARRANTED AS MERCHANTABLE OR FIT FOR ANY PARTICULAR PURPOSE, AND NO CLAIM MAY BE MADE BY PURCHASER RELATING TO THE CONDITION OR USE OF ARTICLES PURCHASED OR FOR PROXIMATE OR CONSEQUENTIAL DAMAGES ARISING THEREFROM.

ALL ITEMS REPRESENTED IN THE PHOTO’S OF EACH LOT, ARE NOT NECESSARILY INCLUDED OR SOLD WITH THAT LOT.  “BUYERS ARE PURCHASING WHAT IS DESCRIBED IN THE LOT, AND NOT THE PHOTO”

8.  SAFETY DEVICES:  Articles purchased may not incorporate approved activating mechanisms, operating safety devices or safety guards, as required by OSHA or otherwise.  It is purchaser's responsibility that articles purchased be so equipped and safeguarded to meet OSHA and any other requirements before placing such articles into operation.

9.  INDEMNIFICATION:  Purchaser shall defend and indemnify and hold auctioneer and seller harmless from and against all claims and liabilities relating to the condition of, removal of, or use of the articles purchased or failure of user to follow instructions, warnings or recommendations of the manufacturer, or to comply with federal, state, and local laws applicable to such articles, including OSHA requirements, and Environmental Protection Agency requirements, or for proximate or consequential damages, costs or legal expenses arising there from.

10.  CLAIMS:  NO CLAIMS WILL BE ALLOWED AFTER REMOVAL OF GOODS FROM PREMISES OR LEFT ON PREMISES PAST ALLOWED TIME LIMIT.

11.  RESPONSIBILITY FOR NON-DELIVERY: Neither the auctioneer nor the seller, in any event, shall be liable for non-delivery or for any other matter or thing, to any purchaser of any lot, other than for the return to the purchaser of the deposit or sum paid on said lot, should the purchaser be entitled thereto.

12.  COMPLIANCE WITH TERMS OF SALE:  In default of payment of bills in full within the time therein specified, the auctioneer in addition to all other remedies allowed by law, may retain all monies received as deposit or otherwise, as liquidated damages.  Lots not paid for and removed within the time allowed herein may be resold at public or private sale without further notice, and any deficiency, together with all expenses and charges of resale including legal fees, will be charged to the defaulting purchaser.

13.  RISK TO PERSON AND PROPERTY:  Persons attending during exhibition, sale or removal of goods assume all risks of damage of or loss to person and property and specifically release the auctioneer and seller from liability therefore.  Neither the auctioneer nor his principal shall be liable by reason of any defect in or condition of the premises on which the sale is held.

14.  CONTRACT MOVERS:  If purchaser wishes to hire or contract with a machinery mover, rigger or other type of outside contractor, LOEB WINTERNITZ LLC.  WILL NOT ALLOW them to work on the sale premises unless they are PRE-APPROVED by Loeb Winternitz, and have placed with the Auctioneer PROPER INSURANCE protecting LOEB WINTERNITZ LLC.  And, the people or company that the auctioneers are conducting the sale for against any or all claims arising from personal injury and/or property damage created by their actions.  This requirement is for the auctioneer's protection - NOT FOR THE PURCHASER'S therefore the auctioneer suggests that the purchaser review the insurance policies of the machinery mover regarding the coverage that they have protecting the purchaser and damage or loss of the equipment they may be moving for the purchaser.

15.  ADDITION TO OR WITHDRAWAL FROM SALE:  The auctioneer reserves the right to withdraw from sale any of the property listed or to sell at this sale property not listed, and also reserves the right to group one or more lots into one or more selling lots or to subdivide into two or more selling lots.  Whenever the best interest of the seller will be served, the auctioneer reserves the right to sell all the property listed, in bulk.

16.  SALE BY ESTIMATED WEIGHT, COUNT OR MEASURE:  When items are sold by estimated weight, count or measure, the purchaser will be billed for and required to pay for the estimated weight, count or measure.  If, upon delivery, any shortage exists, the purchaser will receive a refund at the rate of purchase.  If there be an excess, the purchaser will be required to take and pay for such excess, at the rate of purchase.  (See Paragraph 4 for time and Guarantee Limitation.)

17.  DISPUTE BETWEEN BIDDERS:  If any dispute arises between two or more bidders, the auctioneer may decide the same or put the lot up for sale again at once, and resell to the highest bidder.  The auctioneer's decision shall be final and absolute.

18.  RESERVE:  The auctioneer reserves the right to reject any and all bids.  On lots upon which there is a reserve, the auctioneer or his assigned agents, shall have the right to bid on behalf of the seller.

19.  RECORDS:  The record of sale kept by the auctioneer and bookkeeper will be taken as final in the event of any dispute.

20.  INDEPENDENT CONTRACTOR:  The auctioneer is acting as an independent contractor only and is not responsible for the acts of its principals or sellers.

21.  ADDITIONAL TERMS AND CONDITIONS:  The auctioneer may add other terms and conditions of sale, such additional terms and conditions to be announced, or posted, prior to the auction.

22.  ADDITIONAL INFORMATION:  For additional information; inquiries; auction related questions; please contact us below at:

Loeb Winternitz Industrial Auctioneers LLC
4131 South State Street
Chicago, IL 60609
(877) 886-0440
p. (773) 548-4131
f. (773) 548-2608
www.loebwinternitz.com

Referral Fees Paid – All Inquiries Held in the Strictest of Confidence

*** SPECIAL REMOVAL CONDITIONS*** REMOVAL WILL BEGIN ON MONDAY JULY 26TH at 8:00AM CST. REMOVAL HOURS: MONDAY JULY 26th THRU FRIDAY JULY 30th 8:00 AM to 4:00 PM EST. LAST DAY OF REMOVAL IS JULY 30, 2010, NO EXCEPTIONS. NO WEEKEND OR HOLIDAY REMOVAL. All purchases MUST be removed No Later than FRIDAY JULY 30, 2010. ANY ITEMS REMAINING ONSITE AFTER JULY 30TH MAY BE CONSIDERED ABANDONED. We Appreciate your Cooperation with these Special Removal Conditions, and Thank you for Participation in the Auction Sale.

If you agree to the terms and conditions above you may register for this event. Registering for this event means you agree to both the BidSpotter.com website terms and conditions and also Loeb Winternitz terms and conditions for this auction.

Still have a question? Ask our Live Auctions support staff via our Help Desk .

Copyright © 2001-2010 Bidspotter.com-Live Internet Auction Broadcasting All Rights Reserved. Designated trademarks and brands are the property of their respective owners. Use of this Web site constitutes acceptance of the BidSpotter.com website Terms & Conditions.