Printed or verbal statements made by staff are Pearce & Associates Auctioneers have put forth every effort to make accurateĭescription of the items. No more bids, and the lot sits idle for 5 minutes. In 5 minute increments from the time the last bid is placed until there are If any bids are placed within the last 5 minutes of the auction, the bid on lot(s) will extend for 5 minutes. This auction has what is called an auto extend feature, meaning the auction will not close until all bidding parties are satisfied. Someone else has to bid to increase the current price and theĬomputer will automatically bid up to your max in the increments specified. Dealer titles and out of state buyers shall be mailed (certified) the actual title within 14 business days from final payment.īidding info- When you bid your max the current bid price doesn't automatically go to Pearce & Associates shall handle titlework and provide a copy to the purchaser within 14 business days of payment. Pearce & Associates shall require a copy of the buyers dealer license. The only exemption is non Alabama residents which require an Alabama drive out form to be executed by the purchaser and licensed Alabama Automobile Dealers. A fee of $65 per vehicle will be added to the final bid price for title work by the auction company.
Any vehicle purchased will require that Pearce & Associates prepare the titlework for the purchaser. Vehicle Titles: Pearce & Associates is a licensed Alabama Automobile Dealer and Designated Agent.
Sales tax collected unless you provide Pearce with a copy of your tax resale certificate. There will be a 15% buyer’s premium added to final bid price. Pearce & Associates Auctioneers reserves the right to cancel any auction at any time for any reason. Please check back and review these terms as every time you use this site you are agreeing to the terms as they are written at that time. Defaulted items will be forfeited back to Upon default the bidder will be black listed on Pearce &Īssociates Auctioneers auctions as well as MarkNet auctions and If purchases are not settled within 3 business days of the close of the auction, We encourage you to inspect the items in person. Please read the terms carefully as they are a legal binding contract between you and Pearce & Associates Auctioneers.Īll disputes will be settled in Shelby County, Alabama.
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