2011 Current Online Auction Terms and Conditions for CAT Auctions Services
Site Terms and Conditions
Associated Auction Services, LLC retains all copyrights in any text, graphic images, and software owned by Associated Auction Services, LLC and hereby authorizes you to electronically copy documents published herein solely for the purpose of transmitting or viewing the information. You may not mirror, modify or otherwise alter any files in this website for rebroadcast, or print the information contained therein, without written permission from Associated Auction Services, LLC. Except as expressly provided above, nothing contained herein shall be construed as conferring any license or right under any Associated Auction Services, LLC copyright, patent or trademark.
CAT, CATERPILLAR, their respective logos, "Caterpillar Yellow," and the POWER EDGE trade dress as well as corporate and product identity used herein, are trademarks of Caterpillar and may not be used without permission. Cat and Caterpillar are registered trademarks of Caterpillar Inc., 100 N.E. Adams, Peoria IL 61629. The "Proxibid" logo and the trademark "Proxibid" may not be used in any way without express written permission from Proxibid.
Terms of Sale
All postings provide notification of the auction and auction items and do not constitute offers to sell. The offer to sell will occur at the auction.
All auctions are unreserved which means every item sells to the highest bidder the day of the auction. Sellers are prohibited by contract from bidding on their own equipment or from buying it back.
All sales are subject to the sales tax and/or other applicable tax laws. Buyer is responsible for government issued licenses, safety and/or inspection certificates and agrees not to use any identification, trade name, licenses and/or certificates authorized to or used by the Seller.
Certificate of Title Information
All titles will be mailed upon receipt of full payment as follows: (A) If Buyer pays in Cash or U.S. Bank Cashier’s Check or equivalent, the Title will be mailed within three (3) working days or (B) if Buyer pays by Company or Personal Check or equivalent, the Title will be mailed in ten (10) banking days after the auction.
Due to increased enforcement of the Financial Privacy Act, banks have adopted restrictive guidelines to verifying funds. If you intend to pay by personal or company checks, we require a Letter of Guarantee or equivalent at or before the time of registration. If you register without a Letter of Guarantee or equivalent your purchases will be subject to verification and you may not receive immediate possession of your purchases. This Letter of Guarantee must include the following: "(Your bank) will guarantee or honor your check up to a specified amount for purchases made at this auction."
Notice to Customers
Customer waives as to (him/herself), itself, its partners, officers, directors, shareholders, agents and employees and any related entities all claims, damages and expenses (including but not limited to attorney’s fees and other legal costs and expenses) and assumes all risk that may relate to or arise out of its presence at the site of the Auction ("Premises") and to the condition of the Premises including, but not limited to, any injury or damage to person or property, including, but not limited to, to the Equipment. Customer does hereby acknowledge and understand that Customer and its agents and subcontractors must carry their own insurance for any such injury or damage and that Customer and its subcontractors are assuming all risks of any such injury or damage.
The United States and state laws and penalties for a failure to settle and pay shall apply. The Buyer agrees to make complete settlement on all purchases during or immediately after the conclusion of the auction by Cash, Bank Certified Funds or Equivalent, or Wire Transfer, unless an alternative method is agreed upon in advance of the auction. The Cat Access card can be used for purchases at the auction. If you intend to pay by personal or company checks, we require a Letter of Guarantee or equivalent at or before the time of registration. If you register without a Letter of Guarantee or equivalent your purchases will be subject to verification and you may not receive immediate possession of your purchases. This Letter of Guarantee must include the following: "(Your bank) will guarantee or honor your check up to a specified amount for purchases made at this auction."
Buyers whose principal place of business is not located in the U.S. must pay by Wire Transfer only. For complete wiring instructions and any questions, please call 855.228.2286. All payments are to be made in United States currency and no items may leave the auction site until full payment has been received. SIGHT DRAFTS AND CREDIT CARDS ARE NOT ACCEPTED. Please note: All purchases made on line, whether or not via www.catauctions.com, and/or the Cat Auction Services absentee bidder program are subject to a purchase fee of two percent (2%) of the purchase price per lot. In addition, a handling fee of ten percent (10%) will be added to all lots selling for less than two thousand five hundred dollars ($2,500), regardless of method of purchase; on site, on line, or via absentee bid. These fees apply only to buyers. No charges or fees apply to unsuccessful bidders.
The information in this publication, including text, images, and links, are PROVIDED "AS IS" BY ASSOCIATED AUCTION SERVICES, LLC SOLELY AS A CONVENIENCE TO ITS DEALERS AND CUSTOMERS WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT. Associated Auction Services, LLC assumes no responsibility for errors or omissions in this publication or other documents which are referenced by or linked to this publication. This publication could include technical or other inaccuracies, and not all products or services referenced herein are available in all areas. Changes are periodically added to the information, and Associated Auction Services, LLC may change the products or services described in this publication at any time.
Should you choose to respond directly to Associated Auction Services, LLC with comments, questions, suggestions, ideas or the like relating to this Web Site or its products and services, you agree that such information shall be deemed as non-confidential and Associated Auction Services, LLC shall have no obligation to respond and be free to reproduce, use, disclose and distribute the information to others without limitation, including but not limited to developing, manufacturing, and marketing products incorporating such information.
Associated Auction Services, LLC is committed to providing customers, dealers, and suppliers with the best value products and services in the field and online. We've asked for your personal identity information, so we want you to know how it will be used. By registering with or contacting us through Associated Auction Services, LLC family of web sites, you agree that any information or comments you provide may be shared between Associated Auction Services, LLC, its affiliated companies and dealers, and used without restriction to process customer orders and improve or market our products and services. We will not sell or rent your information to any third party, and will exercise reasonable efforts to keep the information secure. Associated Auction Services, LLC recognizes and respects your online privacy.
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