Monthly Govt. Vehicle & Equipment Auction
Auction Date & Time: Wednesday, September 30th at 10:00 am ET
Location: 3114 Freeman Street, Chattanooga, TN
Inspection: By appointment only.
Removal: By October 9th
Compass can assist with shipment of your purchases!! Services Include: - Small Item Shipping $7.50 to $15 (Envelope) - Handgun $15 + Postage - Long Gun $25 + Postage - Basic Pallet Prep $75 - This Includes Consolidation and Wrap per Pallet Prepared - Banding Available - Call for Details 800-729-6466
18% Buyers Premium applies on all online purchases.
BidSpotter Customer Service Support Department
Have a question pertaining to the bidding process?
Visit our Frequently Asked Questions!
You can also start a live chat with a Bidspotter Support Representative by selecting Live Chat at the top of Bidspotter.com. More information on our chat system can be found by clicking here.
Customer Support Hours:
- Monday – Thursday, 8:00 AM EST – 10:00 PM EST
- Friday, 8:00 AM EST – 6:30 PM EST
Office: (253) 858-6777 Toll Free: (866) 597-2437
Frequently Asked Questions
TO VIEW CURRENT AUCTIONS VISIT: SoldonCompass.com
- TERMS AND IMPORTANT AUCTION DETAILS SECTION -
1. AUCTION EVENT TYPE: Live Onsite Auction w/ Webcast
2. LOCATION ADDRESS: 3114 Freeman St. Chattanooga, TN. 37406 Office # 800-729-6466
3. AUCTION DATE: 09/30/2020
4. AUCTION PRE-BID START TIME: 09/23/2020
5. INSPECTION DATES: Tuesesday, September 29th 8:00AM-4:00PM EST or By
Appointment firstname.lastname@example.org or 800-729-6466
6. BUYERS PREMIUM:13% Onsite 18% Bidspotter 10% Municipalities
7. SALES TAX: 9.25%
8. TAX EXEMPT BUYERS: A valid Tax Exemption Certificate MUST be presented
at time of checkout. NO EXCEPTIONS - NO REFUNDS
9. TYPES OF PAYMENT: Cash | Cashier's Checks |
Bank Wire add +$18.00 fee Domestic or $36.00 fee International
*Credit Card Transactions incur a +3% processing fee we accept:
Visa | MasterCard |AMEX
Checks: With a Bank Letter of Credit (see letter guidelines below
10. PAYMENT & CHECKOUT TIME: Online Bidder - Within 2 Business Days
**Any Invoice over $500 must be paid by Cash or Certified Funds**
** If you currently do not have the funds to pay for your purchases, DO NOT BID **
11. REMOVAL INSTRUCTIONS: No items may be removed until ALL items are
PAID IN FULL.
NOTE: Payment is still due within 48 hours of invoicing.
All items must be removed by October 9th, 2020.
Buyer is to bring 2 copies of Paid in Full invoice to pick up items
Locations released at time of payment
Item removal MUST be scheduled with the office. 800-729 - 6466
or email email@example.com
12. FINAL DATE OF REMOVAL - 10/09/2020
(Item Pickup Scheduling is set by APPOINTMENT ONLY, if you arrive
without being scheduled there is no guarantee of being loaded) Items remaining
after this date will be forfeit and resold with no refunds.
13. REMOVAL HOURS: Monday - Friday 8:00AM -4:00PM EST - ** Weekend
Pickup is NOT available**
There is a forklift on location to assist with loading heavy items - This site has a loading dock.
** All Transport and Pickup MUST be scheduled with the office for loading
personnel to be available. **
Buyers Premium: 18%
Sales Tax : 9.25% - Sales tax
Participation Requirements: Valid Credit Card Authentication and Banking Information required for online bidding approval.
Payment Options: Cash, Visa, MasterCard, American Express, is a 3% additional charge, and Bank Wire Transfer ($18.00 domestic) ($34.00 International), checks accepted only with
a Bank letter of Credit with the following information included:
1) All Internet Buyers wishing to pay by check must provide a Bank Letter of Guarantee. All letters must be faxed to 423-702-6179 or emailed to firstname.lastname@example.org.
The letter must state and represent as follows:
"Mr. (Customer Name) is a customer in good standing at our bank. We will guarantee the payment of checks on his/hers account (Account Number) up to (specify amount) dollars for
purchase at your auction in (Auction Location) on (Auction Date). We hereby agree that no stop payment will be issued in conjunction with this letter."
Payment Instructions: -All purchases must be paid for day of auction unless arrangements/agreements have been made PRIOR to auction.
Wire Transfer, Visa, or Master Card, Amex accepted; a 3% administration fee will apply to all credit card purchases.
WIRE TRANSFER INFORMATION INTERNATIONAL &
DOMESTIC: Please contact Compass Auctions & Real Estate for information on wire transfers. The information will be in emails sent to online winning bidders. There is a $18.00
basic wire transfer fee for domestic, $34.00 for international. This amount must be included with the bank wire transfer otherwise the credit card on file will be charged the appropriate amount. Auction company reserves the right to hold items until final payment has been processed in its entirety.
Currency Type: USD
Shipping/Pick Up Instructions: Buyers are responsible for all shipping arrangements, valid sales tax requirements, exporting requirements/fees. Removal from auction location on day of auction, or within 7 business days. All items must be paid in full prior to removal. Storage fees may apply after 14 days. Compass Auctions, nor any consignor, will not be responsible for transport. All items become the property of the buyer at time sold and buyer will take full responsibility of items, Compass Auctions nor consignor, is not responsible for damages incurred due to loading and unloading, or during shipment of items, all
items are sold as is, where is. Compass Auctions nor consignor will in no way be responsible for any damages or injuries in anyway while providing a lift and/or loading services, the lift and loading is provided as a
service to the buyers where available and buyer will release and hold harmless any injuries or damages to property that may occur due to the use of the lift and loading service. Removal is fully at the buyers expense and responsibility. Packaging, Shipping, and all transportation is the responsibility of buyer. Compass Auctions nor consignor in no way will be liable for any damage in loading or shipping. In the event that Bidder does not make arrangements and/or pay for shipping, or have items removed in the allotted time disclosed, Bidder shall have no claim against Compass Auction nor consignor, and buyer will forfeit the merchandise with no refunds.
Compass Auctions can provide basic pallet wrapping for a charge of $75.00 per pallet, Compass will not assume any responsibility for damage from transport or for any reason, Compass provides this as a service only to assist buyers. Buyer will otherwise be fully responsible for all packaging, shipping & removal of items.
Location: Items are located at multiple sites - see item description or caontact Compass office for details.
Checkout Date & Times: Please see above info: if special arrangements are needed please contact the auction company. 423-702-6180 or email@example.com
Special Terms & Conditions: -This property is being sold “AS IS”, “WHERE IS”, NO REFUNDS or EXCHANGES. NO credit card charge backs. ALL SALES ARE FINAL. There are no guarantees or warranties expressed or implied. Statements, conditions, or descriptions, accurate weights or measures, on or about items in the auction are provided in good faith and are only matters of opinion.The Auctioneer and Seller disclaim all warranties, expressed or implied, about the merchantability of the items and their fitness for a particular purpose. Items offered may or may not be sold as described and/or photographed in this brochure.Buyer/rigger is responsible for all waste/oil/substance in the removal of assets, along with all spills that may occur during the removal process.All sales are made “As Is, Where Is” and Buyer acknowledges having inspected the property and to be satisfied with same prior to bidding. Buyer is solely relying upon its own expertise in choosing to make any purchase. Compass Auctions & Real Estate and Seller assume no liability for any environmental issues in the assets being sold. Compass Auctions & Real Estate,llc and seller makes no warranties or guarantees of any sort regarding any environmental issues and assume no liability of any sort if any ever do exist. All counts of items are approximate. All information provided by the seller is believed to be correct, but not guaranteed by Compass Auctions & Real Estate llc. All announcements made by Auctioneer at/or during the auction will take precedence over previous printed materials, web site, or any other statements or descriptions made. A 10% Buyer`s Premium will be added to all purchases; a 3% administrative fee will apply to all credit card purchases. If you do not currently have the funds to pay for your purchases DO NOT BID. Feel free to contact Compass Auctions & Real Estate at firstname.lastname@example.org or 423-702-6180 with any questions about the auction or the items in the auction.-SALES TAX WILL BE CHARGED on all purchases unless otherwise stated in the above section. By registering to bid, buyer agrees and adheres to all terms and conditions of this auction.
On-Line Bidding Terms: -A 10% Buyers Premium will apply -A bank wire transfer fee of $18.00 for domestic $34.00 for international will be added to all bank wired funds. -Compass Auctions & Real Estate has strived to accurately prepare and describe all items in this catalog. All items are sold “AS IS” or “WHERE IS”. It is solely the bidder’s responsibility to determine the exact condition and approximate count of each item that he or she bids on. -It is the responsibility of the Bidder to attend the auction preview, or schedule an independant preview to satisfy themselves as to the age, condition, value, count, or any other determining factors of the items. Compass Auctions has attempted to provide the correct item description and/or pictures however any errors or omissions in any provided format, description, or picture, does not affect/or void the sale in anyway, all items are sold as is where is and all sales are final. Compass Auctions & Real Estate will NOT be responsible for any errors and/or omissions in the description, and/or pictures of the items. Bidder agrees that under no circumstances whatsoever will Compass or consignors ever be liable to any bidder for an amount greater than the purchase price of the item they purchased and only when in agreement that statement materially and intentionally was incorrect. Statements, conditions, or descriptions on or about items in the auction are provided in good faith and are only matters of opinion and are approximation. Any dismantling of items is prohibited on the auction site or any consigor property. Under NO circumstances shall the Bidder have any claim against Compass Auctions & Real Estate or consignor in the event of any technical issues. Bidder is bidding on item information only. Pictures of items are provided as a reference only and may not always display accurately with correct lot or context. Even though an item may display as "sold" on the internet, no sales are final until they are certified by Compass Auctions and Bidder receives an invoice with good payment. This auction company has requested and been granted access to see all bids placed including any maximum pre-bids. This auction is permitted to engage in this activity by providing this clear disclosure to you, the bidder. The bids are advanced at pre-set increments available on the bidding web page. From time to time Compass Auctions may accept items with undisclosed reserve prices. The seller and Compass Auctions reserve the right to bid on behalf of the seller on items on which there may be a reserve. Compass Auctions may reject or cancel any bid for any reason. The record of the auction made by Compass Auctions shall be conclusive. This is a Public Auction and as such, all qualified bidders may bid including Compass Auctions owners, family members and employees and any consignor company, group members or employees.-Compass will not be responsible for any missed bids from any source. -By bidding on any item in the auction the registered bidder has accepted the terms and conditions of the auction and acknowledges that this is a legally binding contract. -If you win an item in the auction you will be notified by email within 48 hours. All items will be charged to the credit card on file within 24 hours after billing unless other arrangements are made PRIOR to the online auction start time. The initial invoice you receive after the auction close will be used for billing, any additional fees or charges may be sent in a separate invoice and charged to the credit card on file. -All accounts will be settled at the conclusion of the auction or within 72 hours with prior approval. We accept Cash, Visa, MasterCard, American Express and Bank wire transfers (within 48 hours of auction close ) as determined by the auction payment terms listed. Checks must be Pre-Approved by Compass Auctions & Real Estate. -
Compass Auctions & Real Estate reserves the right to withdraw or re-catalog items in the auction as needed. All announcements made day of auction or posted as an update in the terms & conditions will take precedents over any and all written, verbal or electronic statements, Auction Company reserves the right to update terms and conditions at any time without notice. Registration: -Online bidding will be conducted with Bidspotter -Internet Bidders are required to register with Bidspotter and receive an Auction Registration Bidder Number. Compass Auctions & Real Estate is providing Internet Auction bidding as a service.
We will not be held responsible for any issues with technology, Auction, or Live Bidding over the internet. - Internet bidders who desire to make certain their bid is acknowledged should use the proxy-bidding feature and leave their maximum bid 24 hours prior to the beginning of the auction. -By bidding on any item in the auction the registered bidder has accepted the terms of the auction.
Compass Auctions & Real Estate reserves the right to refuse service or decline registration to any person or persons. -A winning bid is a legal binding contract to buy and provide good funds. Title to the merchandise transfers to Bidder, only when Bidder`s payment is honored. No items will be removed without final payment received. Auction Company reserves the right to hold items until payment can be
finalized in its entirety.
Packaging & Shipping: -The Buyer is ultimately responsible for all removal, packaging, shipping, and insurance costs. Compass Auctions and consignors in no way will be liable for any damage in loading or shipping. In the event that Bidder does not make arrangements and/or pay for shipping, or have items removed in the allotted time disclosed, Bidder shall have no claim against Compass Auction or consignors and will forfeit the merchandise with no refunds or recourse.
If you plan to register a titled vehicle in an area that requires an emission or other test, emissions or other tests are not guaranteed and it is sold AS-IS unless stated otherwise in the item description. All titled vehicles are sold AS-IS TOW AWAY in regards to emissions tests. Emission tests are not provided unless it is stated in the item description. If an emission test is provided, it is only valid in the area for which it was issued. It is the buyer`s sole responsibility to determine if a titled vehicle is legal and able to be registered where buyer lives.
EXPORT. Buyer agrees to comply with applicable export control laws and regulations of the United States (including, without limitation, 15 C.F.R. Parts 730, 736, 738, 744, or 774, and 10 C.F.R. Parts 810.7 and 810.8). Buyer agrees not to export, directly or indirectly, any property or items purchased hereunder to:A. Cuba, Iran, North Korea, Sudan, or Syria;B. any person or entity listed on any United States government denial list, including but not limited to, the United States Department of Commerce Denied Persons, Entities, and Unverified Lists; The United States Department of Treasury Specially Designated Nationals List; and the United States Department of State Debarred List; and C. any entity Buyer knows, or should know, will export the items or property purchased hereunder in violation of applicable export control laws and regulations of the United States.
Domestic customers: All property is sold F. O. B. Origin/Collect (unless otherwise noted); which for the purposes of this agreement are defined as follows: customer
is responsible for all transport arrangements and payment, transference of ownership is established to the buyer at the point of origin when loaded upon the buyers appointed
Export shipments: Non-domestic customers- All property is sold Incoterms Ex-Works-Origin. Buyer shall arrange and bear all customs taxes and charges and arrange for the
loading of the purchased goods. Buyer agrees to comply with all applicable United States export laws and regulations.
INJURY AND DAMAGE:
Bidder acknowledges responsibility for any personal injury or property damage caused by themselves or his or her agent, and further agrees to hold the auctioneers Compass Auctions
& Real Estate and consignors harmless from any personal injury to himself or his agents and any property damage incurred on auction/consignor premises, and releases Compass Auctions & Real Estate and consignors from any liability due to any damage or injury.
The auctioneers Compass Auctions & Real Estate are acting as the sellers agents.
Auctioneer shall designate the winning bidder after each item is auctioned. If a dispute arises between two or more bidders, the Auctioneers reserve the right to reopen the
bidding. The auctioneer’s designation of a buyer shall be final.
Any and all disputes that require litigation shall be administered and shall be enforced and brought in The State of Tennessee, Hamilton County, and governed by the laws of the State of Tennessee. Compass Auctions & Real Estate reserves the right to select the venue for the litigation proceedings whether by arbitration or litigation. All legal fees, collection fees and any other charges incurred by Compass Auctions & Real Estate will be paid by the Buyer.
BY REGISTERING, BIDDING, AND/OR ATTENDING THIS AUCTION YOU AGREE TO ALL TERMS & CONDITIONS AS ACKNOWLEDGED AND SET FORTH BY COMPASS AUCTIONS & REAL ESTATE
FOR FURTHER INFORMATON PLEASE CONTACT COMPASS AUCTIONS & REAL ESTATE
423-702-6180 OR email@example.com