AUCTION TERMS

Commercial Industrial Auctioneers

These are the general auction terms and conditions that apply to all auction conducted by Commercial Industrial Auctioneers. Please keep in mind that every auction is unique to itself and may contain specialized terms and conditions which will be noted in the auction catalog.

Our General Auction Terms And Conditions

All Purchases Made With Your Bidder Number Will Be Your Your Responsibility. All Documents Related To Any Auction Item Will Be Made Out To The Name Of The Winning Bidder. The Individual Registered With A Buyer Number Will Be Responsible To Make Payment In Full On The Day Of The Auction For The Entire Invoice.
Every Effort Is Made To Safeguard Merchandise Throughout The Auction, However, Once You Are Awarded A Lot, You Are Advised To Further Guard That Lot At Your Own Discretion.

If You Are Unsure Of Which Lot Is Selling You Should Inquire With The Auctioneer Or Ring Man Or Not Bid. When You Become The Winning Bidder At Auction You Have Entered Into A Contract To Purchase And Will Be Expected To Pay For Items In Which You Were Evidenced To Be The Successful Bidder. The Auctioneer And C.I.A.Will Not Honor ‘Mistakes’.

The Auctioneer Reserves The Right To Reject The Bidding Of Any Person Whose Conduct, Actions Or Adverse Comments He Feels Are Not In The Best Interest Of The Seller.

The Auctioneer Reserves The Right To Revoke A Person’s Bidding Privileges, At Their Sole Discretion.

Despite Our Efforts To Avoid Withdrawal Of Items From The Auction After They Have Been Advertised, It May Become Necessary To Do So; Therefore, The Owner And/Or Auctioneer Reserves The Right To Withdraw Units At Any Time.

Auction Rates

Miscellaneous Item

$25.00 And Under – 50%
26.00 To $50.00 – 40%
$999.00 And Under 20%
$1,000.00 And Above 10%

Equipment

No Tires, Household Items, Appliances, Office Furniture, Fluids, Paints

$4,999.00 And Under 10%
$5,000.00 And Over 5%

Trailers

$150.00 Minimum On All Titled Trailers (Non-Titled Trailers Will Use The Misc. Rates)
$1,500.00 – $9,999.00 10%
$10,000.00 And Over 5%

Trucks

$200.00 Minimum On All Trucks
$2,000.00 – $9,999.00 10%
$10,000.00 And Over 5%

Motorcycles, Quads, Jet Skis, Snowmobiles & Boats

10% With A $125.00 Minimum

Trucks

$200.00 Minimum On All Trucks
$2,000.00 – $9,999.00 10%
$10,000.00 And Over 5%

All Titled Units Are Subject To The Following Terms & Conditions

No Salvage Certificates  |  No Lien Papers | No Title Delays – Title Must Be In Hand At Time Of Consignment

Failure To Disclose Any Mechanical Issues With A Vehicle At The Time Of Consignment Could Result In A Loss Of Sale

*We Reserve The Right To Refuse Any Item That We Feel Does Not Fit Within Our Auction Lot/Sale Parameters. Rates Are Subject To Change Based On Factors Including, But Not Limited To, Quality & Quantity Of Items Being Consigned, Inaccurate Descriptions Provided By Consignor, Misrepresentation Of Any Items Condition, Or Any Other Factors That C.I.A. Deems Fair & Reasonable. This Is A No Reserve Auction, Therefore If A Consignor Buys Back Any Of Their Lots, Additional Fees Will Apply*

Commercial Industrial Auctioneers

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