SOLD
500.00USD+ (92.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2022 Aug 18 @ 13:35UTC-4 : AST/EDT
Did you win this lot?
A full invoice should be emailed to the winner by the auctioneer within a day or two.
THE ITEMS IN THIS AUCTION ARE LOCATED AT 1750 ELIZABETH AVE NW, GRAND RAPIDS, MI 49504.
THE ITEMS BOUGHT IN THIS AUCTION CANNOT BE COMBINED WITH ANY OTHER OFFSITE AUCTION. PLEASE BID ACCORDINGLY
Okuma # MIV0104-1-B1/1006-2230-025-039 Drive
Auction Location:
1750 Elizabeth Ave NW, Grand Rapids, Michigan, 49504, United States
Taxes:
| Tax | Rate | Desc. |
| ST |
6% |
Sales Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
15% |
Additional Fees:
Shipping Details:
BTM Industrial International Shipments
• All paperwork and shipping labels are completed by BTM Industrial for ALL International Shipments
• Customers are welcome to have BTM Industrial ship on their UPS/Fedex account, but the paperwork and shipping labels will be generated by BTM Industrial
• EEI’s are required when the value of the items or goods exceed $2,500.00 USD
• BTM Industrial will ship with specific HS Codes if requested by the customer
*NOTE: BTM CAN FILL OUT CUSTOMS PAPERWORK, BUT ONLY ONE TIME. IF PAPERWORK IS FILLED OUT AND A REQUEST TO MAKE CHANGES ON THEM, THERE WILL BE A $150 ADMIN PROCESSING FEE TO MAKE THESE CHANGES. PLEASE MAKE SURE TO COMMUNICATE WITH AUCTION COORDINATOR RIGHT AWAY ON CUSTOMS PAPERWORK AFTER YOU RECEIVE YOUR FINAL INVOICE. WE WILL NOT CHANGE ANY INVOICE AMOUNTS, SO DO NOT ASK!
***SHIPPING QUOTES ARE GOOD FOR 7 DAYS AFTER YOU RECEIVE YOUR FINAL INVOICE, IF YOU ARE DELAYED ON YOUR PAYMENT AND YOUR INVOICE IS SHIPPED AFTER 7 DAYS, YOUR SHIPPING COST COULD CHANGE. PLEASE MAKE PROMPT PAYMENT TO AVOID ANY CHANGES IN SHIPPING COST***
Shipping Details:
BTM Industrial has updated the handling charges effective 1/06/2019 to ensure transparency of charges and to effectively package your items for safe delivery.
NOTE: This is for PACKAGING and HANDLING only, it DOES NOT include the actual cost to ship your items.
Ground Packaging:
Cost is $3.00 Per lot, PLUS a per pound (LB) charge as follows:
1-10 Lbs, $1.00 per lb
11-25 Lbs, $0.75 per lb
26-50 Lbs, $0.50 per lb
51-75 Lbs, $0.35 per lb
*BTM Does not package and ship any one box over 75lbs to ensure safe delivery.
*Packaging Items used: boxes, bubble wrap, tap, paper shreddables, static bags (if needed for electronics)
*On valuable items such as drives, controls, power supplies, motors, items may be packed in our foam packaging machine. Handling costs will reflect if this packaging is used.
LTL Packaging:
1lb-225lbs, $0.25 per lb
226lbs-400lbs, $0.20 per lb
401lbs and above, $0.175 per lb
*Note these LTL costs are subject to change depending on how your items need to be safely packaged.
PALLET FEE $50
SMALL CRATE FEE $75
LARGE CRATE FEE $100
Shipping:
BTM Industrial uses UPS ground and LTL shipping.
Options for Shipping:
1.) BTM can provide you with a quote for us to ship your items.
2.) If you have a UPS account number, we can ship under your account.
3.) We can send you the package count, dimensions, and weights, so you may contract your own shipping. Documents must be provided by the buyer and the buyer assumes all responsibility for insurance and accuracy of the shipping information.
Shipping and Handling will be line itemed seperatly on your invoice to ensure you know what the two charges are.
Payment Details:
Cash, wire transfer, bank draft or certified check will be accepted as payment of the Purchase Price.
BUYERS PREMIUM: 15% for payments by wire or certified check, 18.5% if using Credit Card or PayPal.
Payment terms - Full Payment is due upon 48 hours of receiving invoice. (see above for payment methods)
PICK UP TIMES
Monday-Friday: 8AM-5PM
Saturday: Appointment Only
SALES TAX IS APPLIED TO ALL BUYERS IN THE UNITED STATES, IF YOU HAVE A SALES TAX EXEMPTION ID # PLEASE MAKE SURE TO ENTER IT WHEN SIGNING UP FOR EACH AUCTION. IF WE DONT HAVE YOUR FORM ON FILE, TAXES WILL BE ADDED UNTIL WE RECEIVE IT, PLEASE EMAIL/CALL AUCTION HOUSE FOR MORE INFORMATION.
Accepted Payment Methods:
- VISA
- Master Card
- AMEX
- Discover
- PayPal
- Wire Transfer
- Debit
PREVIEW:
FOR PARTS AUCTIONS, BTM ATTEMPTS TO DESCRIBE THE ITEMS TO THE BEST OF OUR ABILITY TO DETERMINE FROM INFORMATION THAT IS GIVEN TO US BY THE CONSIGNOR AND GENERAL EVALUATION OF THE PART WHEN WE RECEIVE IT. WE HAVE THREE CATEGORIES THAT WE PUT IN THE DESCRIPTION TO GIVE BIDDERS INFORMATION ABOUT THE PART BUT IN NO WAY GUARANTEES THE PARTS IS FUNCTIONAL. PARTS ARE SOLD IN "AS IS" CONDITION:
1.) REMOVED FROM MACHINERY - THIS MEANS PARTS WERE REMOVED FROM A MACHINE RECENTLY (30 DAYS OR LESS).
2.) SURPLUS INVENTORY - THIS MEANS THE PARTS WERE BEING STORED IN A TOOL CRIB OR STORAGE FACILITY. NO INFORMATION KNOWN IF AND WHEN IT WAS REMOVED FROM A MACHINE AND FOR WHAT REASON.
3.) CONDITION UNKNOWN - THIS MEANS NEITHER THE CONSIGNOR NOR BTM INDUSTRIAL HAS ANY HISTORY ON THIS PART.
PLEASE BID ACCORDINGLY BASED ON THE DESCRIPTION AND PICTURES OF EACH ITEM. YOU ARE BUYING PARTS IN "AS IS" CONDITION. PLEASE BID ACCORDINGLY
***IF YOU INTEND ON MAKING YOUR PAYMENT BY CHECK, CASH OR WIRE TRANSFER, YOU MUST LET RACHEL KNOW SHE CAN WAIVE 3.5% ELECTRONIC PAYMENT FEES. IF YOU HAVE SELECTED YOUR CREDIT CARD AS YOUR METHOD OF PAYMENT WHEN YOU SIGNED UP, THE SYSTEM DEFAULTS TO THAT PAYMENT METHOD ON EVERY AUCTION. EMAIL OR CALL RACHEL AND SHE WILL ADJUST YOUR INVOICE ACCORDINGLY. IF YOU NOTICE A MISTAKE, SIMPLY LET US KNOW AND SHE WILL ADJUST YOUR INVOICE AND SEND YOU A NEW ONE*** (*NOTE: It is your responsibility to make sure your payment method is correct and buyer’s premium is correct, if we process your payment and didn't tell auction coordinator you wanted a different method, no refunds of the 3.5% will be issued.)
***IF YOUR INVOICE IS 2 WEEKS LATE OR MORE, YOU WILL BE SUBJECT TO A 5% INVOICE TOTAL LATE FEE. THIS APPLIES TO PICK UP CUSTOMERS AS WELL. IF YOUR ITEMS ARE NOT PICKED UP WITHIN 2 WEEKS, YOU WILL BE SUBJECT TO A LATE PICK OF FEE OF THE SAME AMOUNT. IF YOU HAVE QUESTIONS, PLEASE CALL 616.745.5953***
***BTM requires a credit card on file to verify valid bidders. BTM reserves the right to run your credit card on file if we do not hear from you about your outstanding invoice within 48 hours.
THE ONLY POSSIBILITY OF RETURNS/REFUNDS ARE FOR THE FOLLOWING:
1.) DAMAGED SHIPPING UPON ARRIVAL: ORIGINAL PACKAGING AND PICTURES NEED TO BE TAKEN AND SENT TO BTM INDUSTRIAL WITH IN 48 HOURS OF RECEIVING YOUR SHIPMENT. FULL REFUND OF HAMMER, BP, AND SHIPPING/HANDLING ARE ELIGIBLE FOR REFUND IF ABOVE TERMS OF NOTIFICATION AND PICTURES PRESENTED IN THE 48 HR TIME FRAME.
2.) ITEM(S) WERE NOT ACCURATELY LISTED:
EXAMPLES: COUNT, DAMAGE NOT PICTURED, PART NUMBER LISTED INCORRECTLY. BTM NEEDS TO BE NOTIFIED WITHIN 48 HRS OF RECEIVING YOUR PARTS OF A PROBLEM FOR THE POSSIBILITY OF RETURN. IN THE EVENT THIS CASE WARRANTS A RETURN, ONLY THE HAMMER PRICE AND BUYERS PREMIUM WILL BE ELIGIBLE FOR A REFUND, NOT SHIPPING/HANDLING. BUYER IS RESPONSIBLE FOR SHIPPING THE ITEM BACK TO BTM INDUSTRIAL. ONCE PARTS(S) ARE RECEIVED, A REFUND CHECK WILL BE ISSUED (WE DO NOT CREDIT ON OTHER INVOICES). EVERY RETURN SITUATION IS DIFFERENT AND BTM RESERVES THE RIGHT TO HANDLE EACH ONE DIFFERENTLY BASED ON THE FACTS AND SITUATION.
by Appointment, Inspection Days
We highly recommend inspection and previewing lots prior to bidding.
Please see all terms below.
All buyers have a MAXIMUM of 7 days to remove the items from location, unless earlier demands of time are stated in the auction description for a specific machine. If items are not picked up within that time frame then they will be removed and disposed of at buyers expense or forfeited
Sale subject to additions AND deletions.
The following constitutes the entire terms and conditions on which property listed in the auction sale catalog shall be offered for sale or sold by BTM
Industrial, and any consignor of such property for whom BTM acts as agent. BTM Industrial strongly recommends to all bidders to first read through
these terms, fully understanding the contractual obligations they are entering into by registering and bidding in this sale. BTM also encourages bidders
thoroughly inspect all items before the auction on which they intend to bid.
Under these Terms and Conditions, the term Bidder, High Bidder and Purchaser shall be used interchangeable and be one of the same.
1. Bidder acknowledges that an auction site is a potentially dangerous place. Flammable, noxious, corrosive and pressurized substances may
be present, heavy equipment may be in operation, and electric circuits may be live. Every person at the auction site before, during and after
the auction sale, shall be deemed to be there at his/her own risk with notice of the condition of the premises, the activities on the premises,
and conduct of third parties; and the bidder shall so advise his/her agents and employees. No person shall have any claim against BTM Industrial, its
consignors, agents, employees, directors or principals for any injuries sustained or for damages to or loss of personal property, which may occur from
any cause whatsoever.
2. As used herein, the term Bid Price means the price at which a lot is knocked down to the Purchaser, and the term Purchase Price means
the aggregate of (a) the Bid Price, (b) the Buyer's Premium and other surcharges, if any, and (c) unless Purchaser is exempt by law from the payment
thereof, any Federal, Provincial, State or local sales taxes (or compensating use tax of another State), and any other applicable taxes. Unless
exemption from such taxes is established to the satisfaction of BTM Industrial, any Purchaser claiming an exemption will be required to
pay the tax to BTM Industrial and seek a refund directly from the taxing authorities.
3. A sale to the highest Bidder shall be complete upon physical acceptance of item by the high bidder. Upon close of auction, invoicing will
take place in a timely fashion. Upon invoicing of sale, buyers have (48) hours to make payment in full. No lot may be removed until the
Purchase Price is paid in full for all lots purchased. To prevent miss-delivery and inconvenience in settlement of a purchase, no lot may be
transferred prior to removal by the Purchaser.
4. If the conditions herein or any other applicable condition(s) are not complied with, in addition to other remedies available by law to
BTM Industrial and/or its consignors, including but without limitation, the right to hold the Purchaser liable for the Purchase Price, BTM may,
at its option, either (a) cancel the sale in part or in full, retaining as liquidated damages all payments made by Purchaser or (b) resell the
property, either publicly or privately, after three (3) days notice to the Purchaser and for the account and risk of the Purchaser, and in such
event the Purchaser shall be liable to BTM for any deficiency if the resale is less than the Purchase Price, plus all costs, including warehousing, the
pro-rate share of expenses of both sales including reasonable attorney's fees, BTMs commission, plus all other charges due here under and
incidental damages suffered by BTM or its consignor.
5. Only cash, wire transfer, bank draft or certified check will be accepted as payment of the Purchase Price. Personal or company checks may
be accepted by BTM, at its sole option, on the condition that they must be accompanied by a letter from the Purchaser??s bank unconditionally
guaranteeing payment of the Purchase Price in full of items purchased.
6. BTM reserves the right to withdraw any property at any time before actual sale. Sale of any property shall not be considered as COMPLETED until
the property is in the hands of the high bidder. If for any reason a consignor needs to withdraw an item that had been in auction and the high bidder has NOT
taken possession, the high bidder would be entitled to return of their original high bid, any buyers premium and loading / Shipping & Handling fees paid.
The high bidder agrees they would not be entitled to any other form of compensation. In addition, BTM Industrial, its agents, subsidiaries and / or consignors
retain the right to bid on any items in this sale, any bids / purchases made would being held subject to the same buyer's premium and other terms and conditions
as other bidders as stated in this agreement. BTM Industrial also reserves the right to reject a bid from any Bidder. In the event of any dispute between bidders,
or in the event of doubt on the part of BTM as to the validity of any bid, the auctioneer shall have the sole discretion either to determine the successful bidder or
to re-offer and resell the lot in dispute. If any dispute arises after the sale, BTM`s sales record shall be conclusive in all respects.
7. All property is sold AS IS, WHERE IS. Neither BTM nor the consignor makes any representation or warranty, oral or written expressed or implied, as to the merchantability,
fitness for a particular purpose, condition of the property, correctness of the description, condition, capacity, age or any other details used to describe the property.
Absolutely no warranty or representation of a warranty, written or oral, is given with any lot in this sale. All statements contained in BTM catalog, website,
marketing material or by the auctioneers, or in any bill of sale, invoice or elsewhere as to description, size, quantity, quality, capacity, model, serial number, measurements
or condition, are approximated statements and shall not be deemed to be representations or warranties, oral or written, with respect to any lot. No sale is invalid or made void
by reason of any flaw in a lot or by reason of a lot being incorrectly described, and BTM will not be liable, and no compensation will be paid for any nature of harm or economic
difficulties that should fall onto a high bidder of such lot because of a fault or error in a lot description.
8.Neither BTM, nor its consignors, have any liability of any nature whatsoever to Purchaser if the lot is not delivered to Purchaser due to fire, theft, damage, or any other cause.
9. All lots purchased shall be removed in their entirety from the site at Purchaser??s sole cost and responsibility and by the date as specified in the auction catalog. No
items may be removed before termination of the sale. Removal shall be at the sole risk and liability of the Purchaser, and only after Purchaser has provided BTM
satisfactory proof of insurance by Certificate of Insurance or otherwise. Purchaser shall fully indemnify BTM and its consignors for any loss arising from damage to any
person or property caused to any extent by Purchaser??s removal of the lots purchased.
10. Purchaser is solely responsible to secure all safety equipment as may be necessary and prudent to meet all government safety standards in using, operating or removing
lots purchased.
11. If BTM or its consignor is unable to deliver any lot or any necessary documentation required in respect of any lot, their sole and exclusive liability shall be
the return of any monies paid on such lot.