SOLD
380.00USD+ buyer's premium
This item SOLD at 2024 Jul 17 @ 10:00UTC-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.
Auction Date & Time: 7/16/24 Lots Start Ending at 4pm (EST).
Location: 1043 Comstock St. Marne, MI 49435
Inspections: 7/15/24 1PM-4PM
Removals: 7/23 & 7/24
International Bidders: All International bidders MUST provide a $500 refundable deposit to be approved to bid. Please be sure to leave yourself enough time to register and submit this deposit if you wish to bid.
*NOTE - Missing axis drives and other misc parts*
Loading Fee: $750
Cincinnati Arrow 500 Vertical Machining Center
Model# Arrow 500
Serial# 7042 A00 96 0870
Acramatic A2100 Controller
Cat 40 Spindle Taper
X-Axis Travel: 20″
Y-Axis Travel: 20″
Z-Axis Travel: 20″
Auto Tool Changer: 20
Spindle Taper: 40
Spindle Speed: 8,000 RPM
Motor: 20 HP
Weight: 9,000 Lbs. Approximately
Auction Location:
1043 Comstock St., Marne, Michigan, 49435, United States
Taxes:
| Tax | Rate | Desc. |
| ST |
6% |
Sales Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
15% |
Lot Specific Fees:
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!
*BTM INDUSTRIAL WILL ONLY SHIP TO THE ADDRESS THAT IS ON YOUR ACCOUNT WHEN YOU SIGN UP FOR THE AUCTION. IF YOU REQUIRE A DIFFERENT ADDRESS, YOU NEED TO CONTACT THE AUCTION COORDINATOR BEFORE YOU MAKE PAYMENT ON YOUR FINALIZED INVOICE THAT HAS SHIPPING AND HANDLING ADDED. *NOTE: EVEN IF YOU SEND AN EMAIL, BTM IS STILL ONLY FINACIALLY LIABLE FOR SHIPPING TO THE ADDRESS THAT IS ON YOUR INVOICE. BEST THING TO DO IS IF YOU REQUIRE AN ITEM TO GO TO ANOTHER ADDRESS, CHANGE IT IN YOUR BTM INDUSTRAIL ACCOUNT THAT WAY IT SHOWS UP ON YOUR INVOICE.
BTM INDUSTRIAL IS NOT RESPONSIBILE FOR ASKING BIDDERS WHERE THEY WANT THEIR ITEMS SHIPPED, QUOTES AND SHIPPING ARE ALL DONE BASED ON THE ADDRESS ON YOUR INVOICE.
BTM INDUSTRIAL WILL NOT BE HELD LIABLE FOR AND ADDITIONAL CHARGES IF ITEMS NEED TO BE SENT TO OTHER LOCATIONS AFTER THE ITEMS LEAVE OUR BUILDING. IF THIS IS NEEDED, PAYMENT FOR REDIRECTING THE SHIPMENT MUST BE PAID BEFORE SHIPMENT IS REDIRECTED.
***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 75 lbs. to ensure safe delivery.
*Packaging Items used: boxes, bubble wrap, tape, 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 (standard skid 48x48 - A custom skid could be required. - Price depends on time & materials)
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 separately on your invoice to ensure you know what the two charges are.
Payment Details:
PAYMENT OPTIONS AND PROCEDURES
All correspondence, Wire/ACH transfers, Checks, etc., must have your Paddle Number and reference the sale on which you are bidding. If you do not, we will not know how to apply your payment!
Buyer’s Premium:
- 15% for payments by Wire or Certified Check; or
- 18.5% if using Credit Card or PayPal
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.
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 do not have your form on file, taxes will be added until we receive it.
Please email/call auction house for more information.
For all auction questions including shipping, loading, and handling fees, please contact the Auction Coordinator at auctions.opps@btmindustrial.com.
Buyers may pay by one of the following methods:
Credit Card
- Email: auctions.opps@btmindustrial.com to request credit card on file be charged.
- You must have your paddle number and reference the sale on which you are bidding.
PayPal
- Email: auctions.opps@btmindustrial.com to request PayPal Invoice.
- You must have your paddle number and reference the sale on which you are bidding.
Certified Bank Check:
Recipient:
BTM Industrial Corporation
ATTN: Carmen VanSuilichem
2051 Harvey Street
Muskegon, MI 49442
- Payment must be sent via USPS priority or UPS ground envelope to ensure prompt delivery
- You must have your paddle number and reference the sale on which you are bidding.
Wire Transfer (No Additional Fee)
Routing number: 044000024
Account number: 01153656708
SWIFT: HUNTUS33
Huntington Bank 2185 3 Mile Rd NW
Grand Rapids, MI 49544
BTM Industrial Corporation
- You must have your paddle number and reference the sale on which you are bidding.
ACH Transfer (No Additional Fee)
Routing number: 072403473
Account number: 01153656708
- You must have your paddle number and reference the sale on which you are bidding.
*NOTE:
If you intend on making your payment by check, cash, or wire transfer, you must let BTM know to remove the 3.5% electronic payment fee. 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. You must email the Auction Coordinator at auctions.opps@btmindustrial.com. If you notice a mistake, simply let us know and we will adjust your invoice and send you a new one.
*NOTE:
It is your responsibility to make sure your payment method is correct, and the buyer’s premium is correct. If we process your payment and you did not tell the Auction Coordinator you wanted a different payment method, no refunds of the 3.5% will be issued.
*NOTE:
If your invoice is two (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 two (2) weeks, you will be subject to a late pick-up fee of the same amount.
For any other questions regarding payment and wire transfers, please contact the Auction Coordinator at: auctions.opps@btmindustrial.com.
RETURNS/REFUNDS
The only possibility of returns/refunds are for the following conditions:
1. Damaged shipping upon arrival: original packaging and pictures need to be taken and sent to BTM within 48 hours of receiving your shipment. Full refund of hammer, buyer’s premium, and shipping/handling are eligible for refund if the above terms of notification and pictures are presented within the 48-hour time frame.
2. Items were not accurately listed. Examples: count/quantity, damage of parts not pictured, part numbers are listed incorrectly. BTM needs to be notified within 48 hours of receiving your parts of a problem for the possibility of return. In the event this warrants a return, only the hammer price and buyer’s premium will be eligible for a refund, not shipping/handling. Buyer is responsible for shipping the parts back to BTM. Once parts are received, a refund check will be issued. We do not issue credits on other invoices. Every return situation is different and BTM reserves the right to handle each situation differently based on the facts and situation.
Accepted Payment Methods:
- VISA
- Master Card
- AMEX
- Discover
- Money Order/Bank Draft
- Check/Cheque
- PayPal
- Wire Transfer
- Cash
Sale subject to additions AND deletions.
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.
All Items are listed to the best of our ability, but are sold AS-IS with no warranty expressed or implied!
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. Sale of any property shall not be considered as COMPLETED untilthe 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 consignorretain 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. 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.
14. Owners of the machinery have the right to add or remove lots as needed. If item has been paid for, a full refund will be given if lot is deemed not available anymore.
15. International Customs Paperwork: If BTM resources are needed to complete more than basic export paperwork, additional adminstrative charges may apply depending on the request.