Sale Type:
On-Site Auction with Live Internet Bidding
Bidding Will Open March 10th, 5 PM - New Items Added Daily!!
Featuring Commonwealth of Virginia assets from VDOT & other agencies. Plus Dominion Virginia Power, Sunbelt Rentals, PHH Leasing & More!
Items Already Consigned Into Auction Include:
Terms and Conditions
INFORMATION AND PARTIAL TERMS OF SALE
SALE SITE PHONE: (804) 232-3300
SALE DATE: Friday, March 12th, 2010, 8:00 AM – Visit www.motleys.com for Event Cancellations or Delay Notices.
LODGING: Hampton Inn (804) 743-3550 (Special Auction Rate - $89 plus tax - just mention Motley's); Red Roof Inn (804) 271-7240 (Use CP#542054 for 15% discount); Candlewood Suites (804) 271-0016 (Special Auction Rate - $59).
AIR TRAVEL: Commercial flights daily through Richmond International Airport. Rental cars available or call Motley’s to arrange a shuttle.
REMOVAL: Sale day until 5:00 PM, Saturday, 9:00 AM – 2:00 PM, Sunday - CLOSED, Monday – Wednesday, 8:00 AM – 4:00 PM. $10.00 Per Day Storage per item after Wednesday.
MOTLEY'S PAYMENT TERMS: Payment is accepted by Cash (Cash Payments Accepted Sale Day Only), Cashier's Check, Wire Transfer, or Visa/MasterCard. No personal or business checks accepted without Bank Letter of Guarantee on Original Bank Letterhead (see sample below). Purchases of $1,000 or less are due sale day. For purchases over $1,000, a 25% deposit or $1,000, whichever is greater, is due sale day with any remaining balance due within 72 Hours (the Monday following the sale by 5 PM). NO EXCEPTIONS! There is a $75/day Late Payment Fee if the outstanding balance is not paid for in full by the close of business on the Monday following the sale.
SAMPLE BANK LETTER OF GUARANTEE: This IRREVOCABLE letter of guarantee will guarantee checks made payable to Motley's Auction & Realty Group is issued to _______________ (customer name) who is a customer of this bank. This bank will guarantee unconditional payment to Motley's Auction & Realty Group on account #___________ up the the amount of $____________________.
ONSITE BUYER’S PREMIUM: A buyer’s premium will be charged for each lot purchased. 10% on the first $3500, and 1% thereafter per lot. $10 minimum buy fee. (unless otherwise announced)
INTERNET BUYER'S PREMIUM: A buyer's premium will be charged for each lot purchased. 13% on the first $3500, and 4% thereafter per lot. $10 minimum buy fee. (unless otherwise announced)
HANDLING FEE: A 3% handling fee is in effect. A discount of 3% will be applied for each account paid for by cash, cashier’s check, check with Bank Letter of Guarantee, or wire transfer.
ONSITE FINANCING: Allied Commercial Lending, (804) 332-3398, Dominion Credit, (800) 365-7260 – Stacy Mabry, Integra Leasing, (888) 622-0497 - Lisette Johnson
SALES TAX: Applicable to all purchases without Tax Exemption Number.
NOTE: Motley's Industrial Division wants all of our customers to feel they have been treated fairly. Please do not enter a bid on an item if you do not feel comfortable with the item based on it's condition. All equipment is sold AS IS, WHERE IS, AND WITH ALL FAULTS. Inspect all equipment prior to bidding or placing bids. THERE WILL BE NO ADJUSTMENTS TO THE FINAL BID PRICE AFTER THE BIDDING CLOSES. Call to insure specific items are at the auction before traveling. This information is only a guide and is not a warranty or guarantee, actual or implied. All information was furnished to us by sources believed to be reliable, but is not guaranteed and is subject to errors, omissions and deletions from the auction. Although many items will be sold ABSOLUTE, some items will be sold with immediate owner confirmation. The auction yard is a very dangerous site. NO CHILDREN UNDER 16. Enter at your own risk. Fees subject to change without notice.
TITLES: Titles available (10) business days after payment is received. Dominion Virginia Power titles available 10-20 business days from date of payment ($25 title processing fee charged per title. Flat $15 title shipping fee per buyer - no shipping charge if title(s) is picked up at sale site).
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