Name February 2017 Vehicle & Equipment Auction 2-4-17
Auctioneer Lawler Auction Company
Type Internet Absentee Bidding
Date(s) 2/4/2017
Saturday, February 4, 2017 at 10AM CST.
Preview Date/Time Friday, February 3, 2017 from 1pm to 5pm.
Checkout Date/Time Day of Auction until 5pm. All items must be paid for before bidder leaves the auction site. All items must be removed by the Tuesday after the auction at 5pm.
Location 7781 Highway 1 North
Shreveport, LA 71101
Buyer Premium 10% ONSITE, 15% ONLINE
Description
We have been commissioned to auction off a large assortment of vehicles and equipment, as well as a residential home put up on the auction block by the United States Bankruptcy Court. This auction will have items from several public agencies as well as individual and business consignors. Although this will be a live auction at our facility, Lots numbered 200 and up will be sold via internet bidding or absentee bidding only, and those bids must be placed by 9am on Saturday morning, Feb. 4th.
NOTICE: Lots numbered 200 and up will be sold by internet bidding only, so the highest absentee bids received at 9am on Saturday, Feb. 4th will be the winning bids. Absentee bids can also be placed at our office on preview day (Friday, Feb. 3rd) for those that are not familiar with bidding online. Absentee bids will be accepted up until 9am the day of the auction. Those bids will be competed against the live bidders at the actual auction. There is a 10% Buyer's Premium for onsite buyers at this auction, and a 15% Buyer's Premium for those bidding online. For those paying with a credit card or debit card, there is an additional 3% surcharge. We will assume that you are paying with the credit or debit card on file unless you notify us in the Auctioneer's Notes section of your account before the auction begins, and our system will automatically charge the card. In the evenr that you wish to pay cash, you must state that you will appear at our offices no later than 10AM on Monday, February 6, 2017 to pay with cash or certified funds. All items are sold "as is" without warranty or guarantee of any kind, with all of their faults. Bidders are strongly encouraged to carefully examine all items before placing a bid. There will be a preview and inspection time on Friday, February 3, 2017 from 1pm to 5pm. All items must be removed from the auction site no later than Tuesday after the auction by 5pm. Otherwise a storage fee of $9 per lot will be charged. We are not responsible for items not promptly picked up by the buyer. If you leave the items on our property, you do so at your own risk.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 20.00 1.00 USD
20.01 - 50.00 2.50 USD
50.01 - 200.00 5.00 USD
200.01 - 300.00 10.00 USD
300.01 - 500.00 25.00 USD
500.01 - 1,000.00 50.00 USD
1,000.01 - 2,500.00 100.00 USD
2,500.01 - 5,000.00 250.00 USD
5,000.01 - 10,000.00 250.00 USD
10,000.01 - 100,000.00 500.00 USD
100,000.01 - 9,999,999.99 5,000.00 USD
Currency USD
Buyer Premium 10% ONSITE, 15% ONLINE
Payment Terms
The credit card will be charged immediately following the auction and a 3% surcharge will apply unless the customer has notified us in the "Auctioneer's Notes" section of the bidder account that payment will be made with cash at the Lawler Auction Company offices no later than 10AM on Wednesday, Jan. 4th.
Shipping and pick up is the responsibility of the buyer. All items must be picked up by February 7, 2017 at 5pm.