SOLD
1,600.00USD+ applicable fees & taxes.
This item SOLD at 2017 Jun 13 @ 11:02UTC-6 : CST/MDT
Did you win this lot?
A full invoice should be emailed to the winner by the auctioneer within a day or two.
2007 - BMW 550I
VIN: WBANB53547CP06429
Mileage: TMU
Additional Info: NO KEY
Auction Location:
ONLINE ONLY www.RobertsonAuto.com, El Paso, Texas, United States
Previewing Details:
Preview Days & Locations:
City of El Paso Impound
11615 Railroad El Paso, Texas 79934
(915)212-0205
Saturday JUNE 10, 2017 8am - 12pm &
Monday JUNE 12, 2017 9am - 4pm
El Paso US Marshal Vehicles
11100 Gateway E. El Paso, Texas 79927
(915)790-2500
Monday JUNE 12, 2017 from 9am - 4pm
10% Buyer Premium & $95 Administrative fee is applied for consignment vehicles only.
City of El Paso & USMS vehicles have no fees.
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
0% |
Additional Fees:
Shipping Details:
No Info Available
Payment Details:
Please wire transfer your payment following these directions:
Payment is due on Wednesday June 14, 2017 1pm CDT and all funds must be verified before vehicles will be released. Copy of your deposit slip is required to be sent to auctionpayments@rodrobertson.com
Deposits to participate must be received and verified before bidding is allowed.
PLEASE NOTE: WIRE TRANSFERS CAN TAKE UP TO 24-48 HOURS TO POST.
THE BIDDER IS RESPONSIBLE FOR ALL FEES ASSOCIATED WITH THE TRANSFER OF FUNDS!
Wire Transfer instructions for payment of the auctioned vehicle will be attached with invoice.
Accepted Payment Methods:
ATTENTION:
The states of Mexico and California, Arizona, New Mexico and other States will not accept Auction Sales Receipts provided at this auction. If you are a resident of Mexico or California, Arizona, New Mexico, and other States you may not register vehicles purchased at this auction in these states and you may not title the vehicles in Texas unless you provide Texas identification and proof of residency.
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TERMS & CONDITIONS
1. GENERAL INFORMATION:
The auctioneer’s announcement of the high bid amount and the bidder’s number establishes the contract which may be subject to final acceptance by the Government. This contract is bound by these Terms and Conditions as well as special terms and conditions published by the Contractor for the specific auction and other Federal regulations governing contracts for the purchase of government property. The successful bidder is legally bound to pay for property awarded in accordance with his/her bid.
The contractor, Rod Robertson Enterprises, Inc., is acting as the agent of the Government with respect to the sale of Government property.
2. ELIGIBILITY OF BIDDERS:
The Bidder warrants that he/she is not:
(a) Under 18 years of age;
(b) An employee of any department or agency of the Federal Government prohibited by the regulations of that agency from purchasing property sold here under;
(c) An agent or immediate member of the household of the employee in (b), above;
(d) The contractor, subcontractor or vendor, their agent or employee who has access to information concerning the property to be sold that is not generally available to the public;
(e) Presently debarred or declared ineligible for the award of contracts by any Federal agency in accordance with 41 CFR 102-38.170;
(f) Or the party or representing the party(s) from whom the property was seized.
3. REGISTRATION OF BIDDERS:
All persons wishing to participate in the bidding process of the sale are required to obtain, completely fill out, and turn in a bidder registration card at the sale site prior to sale.
An individual’s signature/initials on the bidder registration card is an acknowledgment of his/her full and complete understanding of all terms and conditions of the sales contract and his/her agreement to be bound thereby. The sales catalog and sales brochure may also contain terms and conditions constituting part of the sales contract. Each bidder must present a Government-issued photo ID as a prerequisite of registration (i.e. driver’s license, military ID or passport).
Each bidder will be issued a bidder number along with a sales catalog upon completion of registration. Each registered bidder is solely responsible for the use of his/her bidder number and any use by another person is presumed to be with the consent of and contractually binding on the registered bidder.
The registrant agrees that, should the registrant be the successful bidder on a lot, the following information regarding the transaction shall be published on the Rod Robertson’s auction website
1). The lot number;
2). The lot description; and,
3). Purchase price of lot.
Electronic Freedom of Information Act Amendments of 1996 (5 U.S.C. 552 (2000).
INTERNET REGISTRATION OF BIDDERS:
All prospective buyers are required to register prior to the Auction, or prior to bidding. You must log on through our website at www.robertsonauto.com and complete the required information and follow all required steps to complete the registration process.
4. VIDEO RECORDING/AUDIO RECORDING:
The contractor (Rod Robertson Enterprises, Inc.) may videotape and/or audio record the conduct of sale, which may be utilized in dispute resolution processing and for other purposes as needed.
" No personal video and audio recording allowed during the auction"
5. INSPECTION OF PROPERTY/ MERCHANDISE:
The bidder is invited, urged, and cautioned to inspect the property/merchandise prior to submitting a bid. The failure to inspect property/merchandise shall not constitute cause for cancellation of sale and no allowance, refunds or set aside will be made on account of any incorrectness, error in cataloging, imperfections, defect or damage. Any descriptions or representations are for identification purposes only and are not to be construed as a warranty of any type. It is hereby warned that bidders should not bid on the basis of photography alone. The property or a representative sample of property will be available for inspection at the places and times specified by the contractor. Absolutely no access to property/merchandise is allowed without prior contractor authorization. The buyer agrees to rely on his personal inspection of the items in the auction. Rod Robertson’s Auto Auctions (Rod Robertson Enterprises, Inc.) is not responsible for the quality or condition or risk of loss: the buyer assumes full responsibility and assumes risk of liability insurance on all items as required by law. Every person at the sale site (and other areas where the property is located or displayed) at all times shall be there at their own risk with notice of the conditions of the premises, the activities on the premises, potential conditions of the premises and the conduct of third parties and buyer shall so advise his agents and employees. No person shall have any claim against the Auctioneer, their agents, employees or principals for any injuries sustained or death to any person or persons whomsoever nor for damages to or loss of property which may occur from any cause whatsoever. No unattended children are permitted on the auction yard. Children must be accompanied by an adult at all times while on any of our live auction premises.
6. ORAL STATEMENTS AND MODIFICATIONS:
Announcements may be made on the day of the sale to clarify property/merchandise status, catalog descriptions, or other information specific to a lot or item. These announcements take precedence over sales catalog information pertinent to that property/merchandise, but do not alter in any way the basic terms and conditions of sale. An error sheet will be distributed to provide bidders with an up-to-date posting of lot additions, deletions, or modifications. The errata sheet information replaces the applicable corresponding information in the sales catalog.
Further, no interpretation of any provision of the sale contract, including applicable performance requirements, shall be binding on the Government unless furnished or agreed to, in writing, by the Contracting Officer.
7. ADDITION/WITHDRAWAL OF PROPERTY/ MERCHANDISE:
The Government reserves the right to withdraw from sale any of the items listed in the sales catalog/brochure or to sell at auction items not listed.
8. CONDITIONS:
(a) Vehicles are auctioned As-Is, Where-Is (with all faults), WITHOUT WARRANTY OR GUARANTEE, either expressed or implied, as to age, year of manufacture, make, model, condition or any other specification. Descriptions of vehicles, either written or oral, are furnished as a guide only. No guarantee as to the accuracy of description is made. Some vehicles may have salvage only titles. Salvage only title and export only vehicles, when known, are announced. Absence of mention of salvage only title or export only vehicle does not constitute any warranty or guarantee.
(b) This auction is conducted WITH RESERVE. Clients reserve the right to approve the final transfer of property to the successful bidder, even after the auctioneer states, “SOLD”.
(c) Clients reserves the right to add/delete vehicles to/from the auction at any time.
(d) Each registered bidder is solely responsible for the use of his or her bidder number and any use by another person is presumed to be with the consent of and contractually binding on the registered bidder.
(e) Surrender of the issued bidder number is authority to refund the cash deposit. Security of the bidder number is solely the responsibility of the registered bidder.
(f) Practices that eliminate the competition, such as collusive bidding, may warrant criminal, civil, or administrative action against the participant and referred to the Department of Justice.
9. OFFERING OF PROPERTY/MERCHANDISE FOR AUCTION AND SUBMISSION OF BIDS AND AWARD:
(a) The auctioneer will offer each item/lot in accordance with catalog sequence or by special announcement. All bidders will communicate their bid amounts orally or by such other means as may be recognized by and acceptable to the auctioneer.
(b) A lot will be sold to the highest bidder upon acceptance of the final bid amount by the Government. In the event the bidding does not exceed the Government's minimum reserve price, the auctioneer will close the bidding subject to acceptance by the Government.
For open and progressive voice auction sales, it is the bidder's responsibility to pay attention to items being offered for sale and to bid on those items in which he/she is interested.
(c) In the event of a dispute as to the amount bid, item or item number, and/or paddle number of the Bidder, the Government reserves the right to re-offer the item in question. Once the Government accepts a bid, a contract is established and the Purchaser may not withdraw the bid. The auctioneer will not accept unilateral conditions asserted by the high bidder.
(d) The invoice, as to the name and number of the Purchaser, and the amount of the bid shall be prima facie evidence of these facts of the sale, and all disagreements will be resolved in accordance with such records.
10. COLLUSION:
Practices that eliminate competition, such as collusive bidding, may warrant criminal, civil, or administrative action against the participant(s) and may be referred to the Department of Justice in accordance with 41 CFR 102-38.50.
11. CONSIDERATION OF BIDS:
The Government reserves the right to reject any or all bids, and to waive any technical defects in bids. All property/merchandise is sold with a minimum reserve price unless the goods are, in explicit terms, offered without a minimum reserve price. If the minimum reserve price is not achieved, the Government may withdraw the goods at any time until the completion of sale.
12. FORMS OF PAYMENT:
Forms of payment are cash, (at the public auction location itself only), cashier's check (payable to the auction company), and wire transfer with the auction sales number as reference . Final payments are all due no later than 1:00 p.m. central standard time the following day if not completed at the actual public auction the day of the sale. Photo identification of the registered bidder must be presented to initiate the payment process. Payment for each lot must be made by the successful registered bidder for that specific lot. Cashier's Checks must be made payable to Rod Robertson Enterprises, Inc. Personal or business checks, bank letters, or letters of credit are not acceptable.
The auction sales number must be noted on the transaction for verification purposes along with the lot purchased. Wire transfer instructions can be obtained by emailing auctionpayments@rodrobertson.com.
All cash payments of $10,000 or more will be reported to the IRS in accordance with 26 USC 6050 Section I (d). In order to comply with this requirement, bidder must provide their Social Security Number or Federal ID number if a business, along with date of birth at the time of payment in order for completion of IRS Form 8300.
The Purchaser agrees to the publication of his/her/company registered name, lot number, lot description and purchase price on the Rod Robertson’s auction website (Electronic Freedom of Information Act Amendments of 1996 (5 U.S.C. 552 (2000)).
13. DEPOSITS:
The Purchaser agrees to make deposits in accordance with the instructions in the sales catalog/brochure. These requirements are to pay a refundable deposit to obtain a bidder number in the public and/or online auction sale. The Purchaser agrees to pay for property awarded to him/her in accordance with their successful bid.
14. FINAL PAYMENT:
The Contractor must receive full payment of the purchase price within the time specified in the sales catalog/brochure and prior to the release of any property/merchandise.
All final payments must be made and received by the date and time specified in the sales catalog/brochure or the bidder will be placed in default of the contract.
The Purchaser agrees to the publication of his/her/company registered name, lot number, lot description and purchase price on the Rod Robertson’s auction website. Electronic Freedom of Information Act Amendments of 1996 (5 U.S.C. 552 (2000).
15. APPLICABLE TAXES:
All purchasers are responsible for the payment of any and all applicable taxes imposed by any state, country, county, or political subdivision.
The Purchaser may be required to pay such taxes to the cashiers at time of sale or to tax officials after purchase is made. If sales taxes are required, presentation of proof of payment will be required prior to property/merchandise release.
16. ISSUANCE OF PAYMENT/RELEASE DOCUMENTATION:
Upon receipt of full and final payment for each purchase, the Contractor shall provide the Purchaser with a receipt of each deposit or payment. Sale receipt(s) and release documents will only be issued in the name/company name of the registered bidder.
17. PREPARATION FOR SHIPMENT, LOADING AND REMOVAL:
(a) The Purchaser is responsible for making all arrangements for the packaging and removal of their purchases. When property is described in the sales catalog as being boxed, packed, crated, skidded, or in containers, the Government does not warrant that the property, as packaged, is suitable for shipment. Segregation, culling, or selection of property for the purpose of effecting partial or incremental release will not be permitted. No partial release will be permitted. The Purchaser shall remove the property at his/her expense.
(b) All Purchasers or their authorized representatives will be required to present sale receipt(s) and release document(s) prior to the initiation of any shipment preparations. If a Purchaser designates a representative agent, broker or transporter to pick up their sale property, the Purchaser must prepare and sign an authorization letter identifying the agent to act on their behalf. The Agent must present photo identification to validate the Purchaser’s option prior to initiation of any action.
18. REMOVAL FROM SALES CENTERS OR COMMERCIAL STORAGE LOCATIONS:
Any items purchased at auction will be released to the Purchaser or his designated representative upon presentation of the sale receipt(s) and release document(s). If Purchaser elects to have a designated representative (transporter, broker, other) pick up his/her property, that person must have all sale receipt(s) and release document(s) and an authorization letter signed by the Purchaser for removal.
All property stored at Rod Robertson Enterprises, Inc., facilities must be removed by the dates specified in the sales catalog/brochure; no extensions of storage time will be granted. The failure to pick up property/merchandise by the specified time will be declared a default against the Purchaser as specified in paragraph 22.
All property stored at commercial warehouse facilities must also be picked up by the time specified in the sales catalog/brochure and an appointment should be scheduled in advance. The failure to pick up property/merchandise by the specified time will be declared a default against the Purchaser as specified in paragraph 22.
Security for purchases is the responsibility of the Buyer and begins immediately upon the purchase of each lot. Removal is at the expense, liability and risk of the Buyer. RRE and our Auctioneer shall not be responsible for goods not removed within the specified time period. RRE and our Auctioneer shall not be responsible for non-delivery or for any other matter or thing to any purchaser of any lot, in any event.
19. TITLE:
The Contractor shall furnish the Purchaser with all documents in its possession that have been provided to the Contractor by the government relating to the title, registration, or licensing of the property sold to the purchaser. However, the Government does not warrant or guarantee that the documents it possesses and furnishes to the purchaser, if any, are sufficient to obtain any necessary licenses, registrations or titles, or that licenses, registrations or titles can be obtained.
20. DEFAULTS:
The failure to make required deposit or final payments and/or comply with the time frames specified in the sales catalog/brochure for removal of property/merchandise shall be deemed forfeiture of any rights, title, and interest the Purchaser may have acquired. The title of such property/merchandise shall revert back to the Government without further notice to the Purchaser and will result in any monies paid being forfeited. The transaction shall be null and void as to the Purchaser. The property/merchandise will be processed for resale at the next available auction.
21. REQUIREMENTS TO COMPLY WITH APPLICABLE LAWS AND REGULATIONS:
It is the Purchaser’s responsibility to ascertain and comply with all applicable Federal, State, local, and multi-jurisdictional laws, ordinances and regulations pertaining to the registration, licensing, handling, possession, transportation, transfer, export, processing, manufacture, sale, use, or disposal of the property listed in the sales catalog.
The Purchaser or user of this property is not excused from any violation of such laws or regulations either because the United States is a party to this sale or has had any interest in the property at any time.
22. FALSE ADVERTISING AND UNFAIR OR DECEPTIVE ACTIONS:
The use of false or misleading advertisements in commerce or other unfair or deceptive practices are unlawful (15 U.S.C. 45, et seq.). In disposing of any property purchased from the Government, purchasers should exercise extreme caution in preparing advertisements to ensure that they do not violate applicable Federal, state or foreign government laws.