ALL ITEMS SOLD AS IS WHERE IS WITH NO WARRANTY OR GUARANTEE EXPRESSED OR IMPLIED. THE AUCTION COMPANY DOES NOT GUARANTEE CONDITION, DESCRIPTIONS, HOUR/ODOMETER READINGS, YEAR MODELS OF ANY ITEM LISTED AND/OR SOLD AT AUCTION.
Inspection & Preview Days: Monday Prior to the auction through auction day. See website for exact dates and times.
Please inspect all items before bidding. Online bidders may contact our office for more details about an item if needed before bidding.
Terms & Conditions of Auction:
Buyers Premium is added to the high bid price on each item.
10% on the first $2500 and 2% on the balance per item
Example:
Bid price is $3000.00
You will pay a buyers premium of 10% on the first $2500 - which will be $250
And 2% on the balance of the item which- will be $10.
Your total due for that item will be: $3260.00
Plus sales tax unless buying for resale or export. (Documentation required)
Online Bidders will be required to:
- Email a signed copy of our Auction Terms & Conditions
- Email a copy of valid photo ID
- Speak with Becky at 601-450-6200 via the telephone number which you provided on the registration form
- Make the full deposit specific to the auction for which you are bidding, if you have a purchase history that is less than the amount of the deposit required for new bidders. If you cannot make the deposit, you will need to bid as an absentee bidder and make a deposit in the amount of your bid.
Online bidders will pay an additional 2% online bidding fee.
Example:
Bid price is $3000.00
You will pay a buyers premium of 10% on the first $2500 - which will be $250
And 2% on the balance of the item which- will be $10.
Online bidding Fee- will be $60
Total due for item- $3320.00
Plus sales tax unless buying for resale or export. (Documentation required)
Other Fees that may apply to purchases:
$40 Documentation fee is charged to each titled item
$50 State of MS mandated trauma fee on all ATV’S, UTV’S, Go-Karts, and motorcycles
Payment Procedures: Payment in full on auction day by cash, cashiers check or certified funds, credit card or bank wire. If payment is made by a personal or company check you must have a current letter to Jeff Martin Auctioneers, Inc guaranteeing payment of check from your bank.
We gladly accept Visa, MasterCard, American Express and Discover however, a 3% fee will be added to the invoice total.
For bidders who do not pay within 3 business days of auction will be considered slow to pay and the auction company reserves the right to ban that buyer from bidding at any future auctions.
PICK UP AND STORAGE- All items must be removed by date announced at the beginning of the auction and/or date stated on purchase invoice. Items not removed by storage date are subject to a $100 per day/per item storage fee. The auction company reserves the right to sell item at auction for storage cost. Please contact office if you need to make special arrangements for pick up after date.
Titles- There is a $40 documentation fee added to each titled item. Jeff Martin Auctioneers , Inc holds a State of MS dealers license and must follow the law according to the State of MS. The auction company will collect and submit sales tax to the state on your behalf. If you are buying for resale or export we must have documentation of proof before sales tax is waived. Titles will be processed within 14 business days after auction unless payment is made in cash or cash equivalent. Titles will be sent to the buyer directly from the State of MS. You will be given a title application copy so that you can purchase your tag from you local DMV. It takes the State of MS up to 8 weeks to process titles. You may request a fast track title for an additional $40 fee.
ALL NEW INTERNATIONAL BIDDERS ARE REQUIRED TO DEPOSIT $10,000 USD. ALL NEW DOMESTIC BIDDERS ARE REQUIRED TO DEPOSIT $5000 USD.
AT AUCTIONEER’S DISCRETION, A BANK LETTER AND PREVIOUS PURCHASE HISTORY WITH ANOTHER AUCTION COMPANY MAY BE ACCEPTED IN LIEU OF DEPOSIT
FIREARMS AUCTIONS: We do not test fire any weapons and we cannot guarantee the condition or functionality of any firearm offered for sale. No warranty or guarantee is inferred nor should any be implied on any weapons and we strongly recommend that the purchaser have all weapons inspected by a licensed gunsmith.
Auction company reserves the right to remove items from auction or skip items once auction has begun.
Refresh your screen frequently while bidding online.
