SOLD
2,025.00USD+ (374.63) buyer's premium + applicable fees & taxes.
This item SOLD at 2020 Sep 02 @ 14:55UTC-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.
-Inspections - Tuesday September 1st 9am-3pm
-Pick Up Dates start Thursday September 3rd, 4th, 7th, and 8th.
-If there is a loading fee on a lot, that fee can NOT be waived, due to liability reasons and must be loaded by a BTM Industrial representative.
-If you are bidding from a mobile device, please make sure to refresh your page while bidding. Depending on your cellular carrier and your location to a cell tower, connection to the website could go in and out.
15 x 50 Clausing-Colchester Engine Lathe
*Note: Loading Fee $250
2.25" Thru Spindle
260v
3 Phase
Spindle RPM: Low 60-625 High 190-2000
Auction Location:
411 E Roosevelt Ave, Zeeland, Michigan, 49464, United States
Previewing Details:
Inspection Date: Tuesday September 1st 9am-3pm
Due to COVID-19 a mask is required.
Taxes:
| Tax | Rate | Desc. |
| SLT |
6% |
Sales Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
15% |
Lot Specific Fees:
Additional Fees:
Shipping Details:
REMOVAL:
-Pick Up Dates start Thursday September 3rd, 4th, 7th, and 8th. If items are not picked up within that time frame then they will be removed and disposed and no refund will be given. If you can not make those times, please see details below on transportation charges back to BTM Industrial - Consignment Warehouse.
-Loading: The owners employees will be the ones loading all lots that have "Loading Fee's" on them. Those fees are NON-NEGOTIABLE and can not be waived due to liability reasons. If the lot does NOT have a loading fee on it, it is the winning bidders responsibility to hand remove the items.
-If you wish to have your items brought back to the BTM Industrial - Consignment Warehouse because you purchased items from a sale that was held there, we can provide transportation for a fee, that is for transport only, if you need other services such as shipping and handling, additional charges for those will apply. What that fee will be, all depends on what you purchased. Please note, just because we have people onsite and have to come back to the warehouse doesn't mean taking your items is at NO COST BTM Industrial so please do not make that point!
Payment Details:
Cash, wire transfer, bank draft or certified check will be accepted as payment of the Purchase Price. additional 3.5% fee will be assessed for credit card and PayPal transactions.
BUYERS PREMIUM: 15% for payments by cash, wire, or certified check, 18.5% if using Credit Card or PayPal
Payment terms - Invoice MUST be paid in full before removing any items from the auction site.
In the event of an issue with a purchase that requires a refund, ONLY the cost of the machine with buyers premium will be refunded if a rigger or trucking company is hired to load or pick up the machinery from anywhere else besides our BTM Industrial Consignment Warehouse.
Accepted Payment Methods:
- VISA
- Master Card
- AMEX
- Discover
- Money Order/Bank Draft
- Check/Cheque
- COD (cash on delivery)
- PayPal
- Wire Transfer
PREVIEW:
Inspections - Tuesday September 1st 9am-3pm
We highly recommend inspection and previewing lots prior to bidding.
Please see all terms below:
REMOVAL:
-Pick Up Dates start Thursday September 3rd, 4th, 7th, and 8th. If items are not picked up within that time frame then they will be removed and disposed and no refund will be given.
-Loading: The owners employees will be the ones loading all lots that have "Loading Fee's" on them. Those fees are NON-NEGOTIABLE and can not be waived due to liability reasons. If the lot does NOT have a loading fee on it, it is the winning bidders responsibility to hand remove the items.
-If you wish to have your items brought back to the BTM Industrial - Consignment Warehouse because you purchased items from a sale that was held there, we can provide transportation for a fee, that is for transport only, if you need other services such as shipping and handling, additional charges for those will apply. What that fee will be, all depends on what you purchased. Please note, just because we have people onsite and have to come back to the warehouse doesn't mean taking your items is at NO COST BTM Industrial so please do not make that point!
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 thoroughly
inspect all items before the
auction on which bidder
intends to bid. Under these
Terms and Conditions, the term
??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
the auctioneer??s call, with
the highest Bidder purchasing
the offered lot, in accordance
with all the conditions set
forth herein, including
Purchaser (a) assuming full
risk of
loss and responsibility
thereof, see Point 8 below,
(b)
immediately making a deposit
of not less than twenty-five
percent (25%) of the Purchase
Price, and (c) paying to BTM
the balance of the Purchase
Price in full within forty-
eight
(48) hours after the auction
sale for all lots purchased.
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 attorneys 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. Unless otherwise
announced
by the auctioneer at the time
of sale, all bids are per lot
as numbered in the catalog.
Lots may be combined or
divided at the auctioneer??s
choice.
7. BTM Industrial
reserves the right to reject a
bid
from any Bidder. The highest
Bidder as acknowledged by the
auctioneer shall be the
Purchaser. 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.
8. Purchase of any lot is
at the Purchaser??s risk with
risk of loss immediately
passing to Purchaser upon the
auctioneer??s call. 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 or as posted or
announced at the sale. No
items
may be removed before
termination of the sale.
Removal
shall be at the sole risk and
liability of the Purchaser or
Purchaser??s agent, 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.
12. Absolutely no warranty
or representation, written or
oral, is given with any lot.
All statements contained in
BTM??s 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
such fault or error of
description.
13. 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
merchant-ability, 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
RETURN of sold goods, NO
REFUNDS,
and NO EXCHANGES will be
permitted.