Bid with rehesebuys.com
Automatic Bidding (max
bid, auto bid, proxy bid)
The automatic
Bidding (auto bid) option makes bidding convenient allowing you to enter the
maximum bid amount* that you are willing to bid on an item. Based on your
Account Preferences for notification, you may be notified whenever your auto
bid increases &/or when it is exceeded.
The auction company or
other bidders do not have access to see your auto-bid amount. You are the only
person who can see your auto-bid amount (displayed in your Watch List).
Your auto bid will not
“jump” to the maximum amount. The auto bid will increment up only with
competing bids until either the item completes with you as the high bidder, or
until your auto bid has been exceeded by another bid.
If another bidder
already has an auto bid in place when you place your auto bid, the (2)
competing auto bids will continue to increment until either the lower auto bid
is maxed out; or if both auto bid amounts are the same the auto bid that was
placed first will become winning position of the bid.
Buyer's Premium Policy
A buyer’s premium will
be added to all purchases and is as follows on all regularly scheduled weekly
online auctions: 18% BUYERS PREMIUM for each item
Condition of Online Auction Lots
All high bids are
considered legal binding contracts and all sales are final. All items are sold
"as is where is", with NO guarantee, warranty, or possible refund
written, expressed, or implied. The working/running condition of an item may
not be known and may not always be listed in the item description. Sometimes we
do know and list the condition of the items, but many times do not. Please note
that all sales are final regardless of the purchase item condition unless the
discretion of a Rehesebuys.com Manager deems differently.
All items sell AS IS -
WHERE IS WITH ALL FAULTS and with no warranty of any type expressed or implied
as to the merchantability or fitness for any particular purpose of any goods
offered in this sale.
All sales are made on
an AS IS - WHERE IS WITH ALL FAULTS basis. All buyers are urged to physically
inspect the item prior to bidding during the inspection period. No bids can be
withdrawn once submitted before, during or after the auction for any
reason.
BUYER agrees that these
terms as well as all other terms set forth below, can be amended or revised
only in writing, signed by the auctioneer. BUYER also agrees that any oral
representation made by Rehesebuys.com or its agents shall not modify
these "AS IS - WHERE IS WITH ALL FAULTS" terms.
BUYER understands that
any description given, written on the equipment, or advertised by any other
means is not guaranteed, and BUYER will rely entirely on their own
inspection.
All information and
descriptions contained in advertising this sale are believed correct, but no
responsibility is assumed by Rehesebuys.com, or Seller for any errors or
omissions.
Dynamic Bidding
Posted closing times
and displays of Rehesebuys.com's current time are approximate. Rehesebuys.com reserves
the right to close early or extend auctions at any time at its discretion. It
is strongly recommended that bids be placed early to avoid losing out due to an
ill-timed, last minute bid.
All times based on
Eastern Standard Time. Dynamic bidding - The dynamic bid on this website is a
feature that does NOT allow an item to sell at the end of the auction until
there is 10 minutes of bidding inactivity. Example - An item is bid on at
7:50pm. An auction is scheduled to close at 8:00pm.
When this bid is
placed the ending time will automatically extend to 8:10pm. When another bid is
placed at 8:01 the auction will extend until 8:20pm. This will give bidder 19
minutes to place another bid. If no bids are placed this auction will conclude
at 8:20pm.
The key to your
dynamic bidding feature is that the auction extends from the preset closing
time in 10 minute intervals, NOT 10 minutes from when you placed your bid.
General Information
Factory Pictures:
The first picture for
most items are a factory picture and are meant for illustration purposes only.
Please rely on other pictures, item description, and personal inspection for
actual condition and included accessories or parts.
Item conditions:
New – Retail Ready, New in box, includes manuals,
remotes, accessories where applicable.
Unused – Opened, does not appear to ever be
used, may not be in original packaging, may not include manuals, remotes, or
accessories.
Slightly Used – Opened, maybe used once or twice,
minimal signs of wear.
Used – Item has been visibly used, typically
works as it should, see description for additional details.
Parts or Repair – Item is in non-working condition and
needs to be repaired or used for parts.
Store Return - Returns were sold to a customer, who
then physically brought the item back to a store. Reasons for returning a
product may not have any correlation to its usefulness, and as a result that
product may be in fine working order. Returns may have some operational and/or
cosmetic problem. Depending on a company's return policy, these items may also
reflect a measurable amount of use. They may or may not come in original
packaging and may not have any of the advertised documentation or additional
parts and/or accessories. Returns can exhibit a wide range of individual
product and package conditions that can differ substantially from the original
manufacturing. These items are not tested for function.
Salvage - Salvage assets are intended for
professional buyers, as most can be used only for parts. These assets are
offered "as-is, where-is" with no returns, guarantees, or claims as
to be working condition
Rehesebuys.com Auction
Terms and Additional Information.
Incremental Bidding
A bid may be placed
for any amount equal to or greater than the current required bid amount, which
means your bid amount is not required to be an increment of the posted bid
increment.
Example:
Current bid at $10.00
with a bid increment of $2.00.
Minimum bid required
would be $12.00.
A bid may be placed
for any amount equal to or greater than $12.00.
The bid amount is not
required to be in increments of $2.00; therefore a bid could be placed for
$17.00 or $76.00 or whatever amount you wish to bid as long as it is equal to
or greater than the minimum bid required.
The winning bid may
end up at any amount. It may not be divisible by the stated increment. The
winning bid will be the highest
Refer to Automatic
Bidding section for further explanation of the convenient method of placing an
automatic bid.
Inspection Times
Items are available
for inspection from the time they become available for pre-bidding until 8:00
p.m. the date of the auction
Friday
12:00 p.m. - 5:00 p.m.
Saturday
12:00 p.m. - 5:00 p.m.
Online Recovery Special Consignment Sales
All consignments must
be dropped off at Rehesebuys.com no later than 7 days prior to the auction day.
Please contact us at 810-908-6962 for additional information regarding items
you with to sell.
Payment Dates
All Auctions must be
paid by 12:00 a.m. on day of auction and picked up within 11 days of the
auction.
All items purchased on
the regular online auctions are to be paid for and picked up within 11 days
from the auction date. After this 11 day period if your items are not picked
up, an automatic $2 per lot/per day storage fee will be added to your invoice
and will be subject to being resold at the high bidder’s expense. After 2 weeks
from the date of the auction (NOT from the date paid or picked up) no
adjustments can be made on the invoice with regards to any item purchased on
the auction and upon this time full payment is also still required regardless
of the condition or the availability of the item.
Posted Closing Times
Posted closing times
and displays of Rehesebuys.com's current time are approximate. Rehesebuys.com
reserves the right to close early or extend auctions at any time at its
discretion. It is strongly recommended that bids be placed early to avoid
losing out due to an ill-timed, last minute bid. All times based on Eastern
Standard Time. Dynamic bidding - The dynamic bid on this website is a feature
that does NOT allow an item to sell at the end of the auction until there is 10
minutes of bidding inactivity.
Example - An item is
bid on at 7:50pm. An auction is scheduled to close at 8:00pm. When this bid is
placed the ending time will automatically extend to 8:10pm. When another bid is
placed at 8:01 the auction will extend until 8:20pm. This will give bidder 19
minutes to place another bid. If no bids are placed this auction will conclude
at 8:20pm. The key to your dynamic bidding feature is that the auction extends
from the preset closing time in 10 minute intervals, NOT 10 minutes from when
you placed your bid.
Refund Policy
If an item is not
described or pictured properly, Liquidbidding offers a 10 day refund policy.
Please use the description and pictures to make your bidding decision. Keep in
mind that the factory picture cannot be used as a reason for refund as it is
used for illustration purposes only.
Removal Times / Failure to Remove
All items purchased on
the regular online auctions are to be paid for and picked up within 11 days
from the auction date. After this 10 day period there will begin a $2 per
lot/per day storage fee and after 2 weeks from the date of the auction (NOT
from the date paid or picked up) there will be no refunds on any item purchased
on the auction and upon this time full payment is also still required
regardless of the condition or the availability of the item. We are open for
pick-up and payment on:
All the regularly
scheduled online auction items are located here at our office at: 730 S. Dort
Hwy, Flint, MI 48503
If for any reason the
buyer fails to remove any purchases within the time specified, the Auction Co.
shall have the right but not the obligation, in its sole discretion, to resell,
discard or remove and store said purchase at the buyers sole risk and expense
(storage costs will be charged - per day - per item - other costs additional),
without waiving any rights that Rehesebuys.com or seller may have against
buyer. Storage charges will be the responsibility of the buyer (after removal
period.)
If the purchases have
not been removed within the 10 day time period, these items will be considered
abandoned and Rehesebuys.com reserves the right to relist/resell any and all those
items considered to be abandoned or forfeited when invoice is paid in full but
not removed completely from auction location within 10 days of auction.
Sales Tax
All bidders will be
subject to 6% State of Michigan Sales Tax. If you are tax exempt, provide our
office with the documentation required for exemption.
Sales tax is
calculated on total sales price which includes Buyer's Premium (therefore
Buyer's Premium is also taxable). Please refer to further explanation under the
Other Info/Links section of each item.
Shipping Options / Information
All items are
sold “AS IS WHERE IS.” Currently we do not provide shipping.
Special Notes
PROXY BIDDING
Using the Proxy Bid
system, a bidder can place a maximum bid at any time and go about other tasks.
The system will automatically outbid other bidders up to the maximum amount of
the Proxy Bid. Any time there are bids placed against the Proxy Bid, the system
will outbid the new bid by the increment used for that item. As the Proxy Bid
cannot bid more than agreed, there are situations where the increment may be
less than the usual increment.
Example:
At any time you can
place a maximum bid of whatever amount you are willing to pay. To initiate the
maximum bid, you must bid at least $2 more than the current amount. Once your
maximum bid has been placed, You will remain the winner up to your maximum bid.
Example:
Bidding on a tattoo
kit is at $5.
Bidder 1 places a $10
bid. They outbid the current bidder at $7 and will remain the winner until $10
Bidder 2 places a $9
bid. Since Bidder 1's maximum bid is greater than the $9 bid placed by Bidder
2, Bidder 1 remains the winner. The system will attempt to go up the $2
increment, but cannot bid place a bid for more than the amount they agreed to
pay, so it goes up to their maximum of $10.
Also, if there happens
to be a Tie placed by two Proxy bidders, the Bid that is in first wins.
Storage Fees / Restocking Fees
Rehesebuys.com
RESERVES THE RIGHT to charge any credit card registered with your account the
total invoice amount due including storage fees, buyers premium, taxes and bid
amount or an amount equal to 20% of the total purchase price plus any buyers
fee as a non-refundable restocking fee (minimum $25.00 charge.) This
non-refundable restocking fee will be applied when invoices are not paid in
full within 14 days of the auction date.
Note that the purchase
price is the sum of the bid price, buyer’s premium, buyer's fee, and sales tax
if applicable.
At which time, all
items are considered to be abandoned and/or forfeited to Rehesebuys.com. Rehesebuys.com
reserves the right to relist/resell any and all items considered to be
abandoned or forfeited when invoice is not paid in full and removed completely
from auction location within 14 days of auction. We do not accept partial
payments. Invoices must be paid in full. All payments must be made in U.S.
Funds.
Types of Payment
Cash
Credit Card: Visa, MasterCard, Discover (in person only)
and American Express (in person only)
Wire Transfer: by prior arrangement only (Contact us for
Information 810-908-6962)