Terms for Sale in South Beloit, IL on 2017-10-21
LARGE CONSOLIDATED CONSTRUCTION EQUIPMENT
& UTILITY FLEET AUCTION SALE
SATURDAY, OCTOBER 21st, 2017 – 8:30 AM
SOUTH BELOIT, ILLINOIS
VERY LARGE AUCTION - OVER 400 LOTS
SELLING WITH TWO AUCTIONEERS ALL DAY!
AUCTIONEER ONE WILL SELL LOTS 1-285 8:30AM.
AUCTIONEER TWO WILL SELL LOTS 288-615 9:30AM.
SELLING WITH TWO AUCTIONEERS NOTE: Due to the large quantity of lots in this sale it will be necessary to sell with two auctioneers both selling at the same time. Auctioneer Two will start selling at 9:30 AM.
NOTICE: There will be over 600 pieces of construction, utility & line equipment, trucks, trailers & light duty vehicles from Southern Companies, Inc., Nicor Gas, ComEd an Exelon Company, North Shore Gas/Peoples Gas, WE Energies; WPSC; Asplundh Tree Expert Co., Area Electric Cooperatives, National Utility Equipment Company, Late Model Rental Returns & Others.
SALE SITE PHONE: (815) 389-7864
SALE SITE FAX: (815) 389-7865
LOCATION: JJ Kane Auction Facility, 14354 Dearborn Avenue, South Beloit, IL 61080From Chicago (East): Interstate 90 West towards Rockford, continue past all Rockford Exits, Exit Rockton Road (Exit 3). Go West on Rockton Road to Highway 251 North to Prairie Hill Road, turn left & an immediate left on to Dearborn (which is the frontage road of Highway 251) down 2 blocks on the right side.From Wisconsin (North): Interstate 90 East towards Chicago. Exit Rockton Road (Exit 3). Go West on Rockton Road to Highway 251 North to Prairie Hill Road, turn left & an immediate left on to Dearborn (which is the frontage road of Highway 251) down 2 blocks on the right side.
From South: Interstate 39 North to Highway 20 East to Interstate 90 West continue past all Rockford exits, Exit Rockton Road (Exit 3). Go West on Rockton Road to Highway 251 North to Prairie Hill Road, turn left & an immediate left on to Dearborn (which is the frontage road of Highway 251) down 2 blocks on the right side.
AIRPORTS: Beloit Airport, 4046 Highway 67 Beloit, WI 53511. Chicago O'Hare International Airport, 10000 West O'Hare, Chicago, IL 60666
HOTELS: Fairfield Inn & Suites (608) 365-2200 (Beloit WI); Best Western Legacy Inn & Suites (815) 389-4211; Holiday Inn Express (815) 654-4100; Rockford Hampton Inn (815) 226-2100
BUYER’S FEE’S: There will be a 10% buyer’s fee charged on all items sold. A $25.00 administrative fee will be applicable to all titled pieces, regardless of the purchaser exemptions in IL.
TERMS: There will be a 10% buyer's fee charged on all items sold. Complete payment is required on sale day only in cash or guaranteed funds: traveler's checks, money orders and/or bank certified checks. Credit card payment will be accepted by Visa, Master Card, American Express & Discover. Purchaser will be charged a 4% service charge for all credit card transactions. Company & personal checks will be accepted "only" when they are accompanied by a valid bank letter of credit "guaranteeing or honoring" payment of that particular check up to a specific amount of money. All letters of credit should be addressed to J.J. Kane Auctioneers. International Buyers will need to wire transfer full payment directly from your bank to J.J. Kane Auctioneers bank account. No International checks will be accepted.
A Non-Refundable $200- cash deposit will be collected on every item sold at knockdown in South Beloit, IL.
FINANCING: Altec Capital Services offers a quick and easy credit process, and flexible and affordable finance options. For more information dial (888) 408-8148 or email firstname.lastname@example.org All financing must be pre-approved prior to the auction sale.
LIKE KIND EXCHANGE NOTIFICATION: Buyer is hereby notified that Asplundh has assigned to Northstar Deferred Exchange Corporation, acting in its capacity as a Qualified Intermediary, all of its rights but not its obligations, in any existing and future contracts to sell certain equipment. This notification will apply unless specifically excluded in writing.Notice Regarding Like Kind Exchange: Certain equipment consigned to this auction may be sold as part of an equipment exchange, pursuant to Section 1031 of the Internal Revenue Code, and the rights of the consignor under Contract to Auction may be assigned to a third party Intermediary.
LIVE INTERNET BIDDING: This auction sale will feature live on-line bidding powered by Proxibid. All prospective internet bidders are required to register on-line 48 hours prior to the auction sale at www.jjkane.com (Bid Online Tab). All live internet buyers will be charged an additional 2% buyer’s fee and be required to comply with all the terms and conditions of the auction sale, including the payment and removal procedures. For all specific internet bidding questions, please contact Proxibid at (877) 505-7770.
ABSENTEE BIDDING: Absentee bids must be over $10,000. There will be a 25% deposit required with all absentee bids that must be wire transferred to J.J. Kane. Call the sale site for the necessary forms and wire transfer information. Forms must be submitted with lot numbers, full descriptions, serial numbers and the exact amount of your bid(s). J.J. Kane reserves the right to round off bids to the most logical increment. All of the above requirements must be met by 4:00 PM E.S.T., Wednesday, October 18th, 2017 or the bid(s) will not be accepted.
INSPECTION: One day only on Friday, October 20th from 8:00 AM to 4:00 PM and sale day starting at 6:45 AM. All customers entering the sale site must have photo I.D. and register in the auction office building.
REMOVAL: During the auction sale, as long as the removal activity does not disrupt the auction sale, for 2 hours after the conclusion of the auction sale, Sunday, October 22nd from 9:00 AM to 1:00 PM & Monday to Wednesday, October 23rd to 25th from 8:00 AM to 4:00 PM. All items must be removed by Wednesday, October 25th, 2017 at 4:00 PM with no exceptions or items remaining on site will be hauled to a storage yard at the new owners’ expense. All items must be removed by Wednesday, October 25th, 2017, at 4:00 PM with no exceptions or $20.00/day storage fees & $50.00 gate fees will be charged by a 3rd party at the new owners’ expense.
TRANSPORTATION SERVICES: DAB Transport (816) 230-4135 & Spirit Miller Drive Away (607) 467-1978.
NOTICE: The following section shall apply to the following vehicle mounted aerial devices (Hereinafter referred to as “aerial device”):
a. Extensible boom aerial devices; and
b. Aerial Ladders; and
c. Articulating boom aerial devices; and
d. Vertical towers; and
e. A combination of any of the above.
The vehicle may be a truck, a trailer, or an all- terrain vehicle.
The successful purchaser hereby acknowledges that J.J. Kane Auctioneers has provided them with the owner’s, operator’s, parts/service and maintenance manuals for the aerial device purchased. If the owner’s, operator’s, parts/service and maintenance manuals are not available, the successful purchaser hereby acknowledges that J.J. Kane Auctioneers has provided them with a list of manufacturers that the successful purchaser must contact to obtain the manual(s). The successful purchaser hereby acknowledges that they shall be responsible to notify the manufacturer of the unit model and serial number along with the name and address of the new owner within sixty (60) days from the date of purchase. Upon completion of the sale, JJ Kane Auctioneers will notify the prior owner of the successful purchasers name and location.
Notice to Attendees: Persons attending are notified that an Auction Site is a potentially dangerous place. Flammable, corrosive and pressurized substances are present, heavy equipment is being operated 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 or her own risk with notice of the condition of the premises, the activities on the premises and the conduct of third parties and any registered bidder shall so advise his agents and employees. No persons shall have any claim against the Auctioneers, their agents, employees or principals for any injuries sustained, nor for damages to or loss of property which may occur from any cause whatsoever.
ADDITIONAL TERMS: Items will be added to the auction sale. In an emergency situation, all sellers reserve the right to remove any unit from the sale. Call first before traveling if this is a concern.Accuracy cannot be guaranteed. Everything will be sold "As-Is" and "Where-Is" with no warranties or guarantees expressed or implied. In some cases, because of the locations of certain trucks & equipment, pictures were taken of like pieces and not the actual unit.
NOTICE: J.J. Kane Auctioneers or Seller(s) are not responsible for any inspections prior to or after purchase. All equipment or vehicles that require any type of inspection on the upper unit or chassis is 100% the bidder/purchaser's responsibility and expense. (ie: Cranes, Man Lifts, Buckets, Diggers, Construction Equipment, Trailers and Vehicles of any type).
NOTICE: All Potential Bidders/Buyers: The safety and reliability of the equipment listed for sale cannot be ensured unless it receives regular inspections, tests and maintenance. The Seller or Auctioneer will not be responsible for equipment inspection reports before any equipment sale or failed equipment inspection reports after the equipment is sold. All equipment is sold As-Is, Where-Is with all faults, defects and modifications. The description of the equipment is for the purpose of identifying the equipment and DOES NOT CONSTITUTE A WARRANTY OR REPRESENTATION THAT THE EQUIPMENT SHALL CONFORM TO SUCH DESCRIPTION OR ANY CONDITION REFERRED TO THEREIN. J.J. Kane Auctioneers warrants only title to the equipment. The Seller or Auctioneer makes no representation or warranty of any kind, expressed or implied. It is the potential bidder/buyer responsibly to ensure that all equipment is given thorough inspections according to the manufacture recommendations by only those persons who are able to detect and assess defects and potential hazards that could limit the safe performance of the equipment functions.
Purchaser agrees to release, waive all rights against, indemnify and hold harmless the auctioneer and sellers.The information listed within this catalog is only a guideline. Descriptions are merely physical observations. Accuracy cannot be guaranteed. All advertised items are subject to prior disposition. Years on all construction equipment are all approximate and descriptions are merely physical observations. It is strongly recommended that all prospective bidders inspect the equipment offered and draw their own educated conclusions. Everything will be sold "As-Is" and "Where-Is" with no warranties or guarantees expressed or implied. Purchaser agrees to release, waive all rights against, indemnify and hold harmless the auctioneer and sellers.