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Used Radial Drill Press
Listing Number: 36480227 | Chicago, IL US | Chicago Transit Authority 6 Seller's Other Auctions
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DISCLOSURE OF OWNERSHIP[1].pdf
Auction Ended:
Final Bid:
$250.00
Bids:
1 Bids
Auction Details
| Starting Bid: $250.00 | |
| Current Price: $250.00 | |
| Buy Now Price | $0.00 |
| Tax: 10.25% | No Reserve Available for immediate purchase. |
| Buyer's Fee: 6.00% |
| Start Date | |
| End Date | [Extended] |
| Bid History | 1 Bid(s) |
| High Bidder | Bucky23 B*****3 |
| Page Views | 2335 |
Payment Details
Payment in full is due to Municibid no later than 5 working days after the close of the auction. Payment is accepted in the form of Electronic Fund Transfer, Wire Transfer, Credit Card and Certified Payment (Certified Check, Cashiers Check, or Money Order). Mailed payments must be postmarked no later the 2 working days from the date of the notice of award. Please note: It may take 2 to 3 days to process your payment once it is received. For full payment instructions please visit www.municibid.com/pay
Item Description
Manufacturer: WMW Machinery
Approximate Floor Dimensions: 103" x 41" x 116"
CTA Asset ID No. 134548
The information listed above is all the information that is available to us on the equipment for sale. Refer to pictures for additional details.
METHOD OF PREMOVAL
BY APPOINTMENT ONLY (24) HOUR NOTICE REQUIRED. The Purchaser must provide a flatbed capable of accepting 9,636 lbs . The CTA will assist & ensure that the equipment is accessible for loading from ground level. Removal must occur between the hours of 7-1pm Monday-Friday.
For 3rd Party Pickup: Before property will be released, the winning buyer will be required to send an e-mail (from the winning buyer's e-mail address used for the auction), identifying the representative authorized to pick-up paid item on their behalf. The authorized representative will need to bring the Notice of Award, Paid Receipt (photo copies are acceptable), bill of lading (for transport or shipping company), and their picture identification (such as a Driver License).
This auction is for the purchase of the complete RADIAL DRILL PRESS. The buyer must purchase and remove every component of the RADIAL DRILL PRESS (as delineated above), regardless of the value or cost of removing each individual component. Bidder must furnish the labor and equipment to remove all auction items (see Terms and Conditions).
NOTE: The removal of some components may only be possible by disassembling the components. The buyer is responsible for removal of all these components, regardless of size and at its own expense.
INSPECTION: THE RESPONSIBILITY TO DETERMINE THE CONDITION OF THE EQUIPMENT RESTS WITH THE BIDDER. PROSPECTIVE BIDDERS ARE ENCOURAGED TO INSPECT THE ITEM(S) PRIOR TO BIDDING AND SUBMIT BIDS BASED SOLELY ON THEIR PERSONEL INSPECTION AND EVALUATION.
Equipment sold "AS IS" "WHERE IS", Removal from the listed location shall be by an appropriate truck capable of handling the complete load of 9,636 lbs from its current location.
Viewing by appointment only. Contact: Salvage Control at 312-932-2140
Location: CTA, Skokie Shops, 3701 W. Oakton. Skokie, IL. 60076
Pickup Hours: Monday through Friday, 7am-1:00pm CST
Closed Saturday, Sunday & Holidays Please give(24)hours notice.
ALL AUCTIONS ARE SUBJECT TO CHICAGO TRANSIT AUTHORITY APPROVAL EVEN IF THE ITEM IS BEING SOLD "NO RESERVE".
Additional information on this Auction
| Custom ID | AFR 34152 | |
| Will Item results be voted on | Yes | |
| Date of voting | Tuesday, June 22, 2021 | |
| Will you ship this item | No. Pickup only. | |
| In person item inspection information | By appointment only until 1 business day prior to the auction bid closing date. Email lgalvan@transitchicago.com for an appointment. | |
| Pickup Location Details | Chicago Transit Authority, Skokie Shops, 3701 W. Oakton, Skokie, IL. 60076 |
Questions/Answers Ask the seller a question about this auction.
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Q: |
"I have not received an invoice. " - Asked by #36707215 06/22/2021 04:25 PM |
A: |
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Item location This location is a general area based on the sellers zip code. It is not the specific address where the item is located.
Our Buyers Fees
With Municibid, pricing is clear, up-front and transparent. A buyer's fee (% of the winning bid amount) will be charged directly to the winning bidder upon the close of each auction via the credit card you entered prior to placing the bid. You pay the selling agency directly for the full cost of the item. (unless otherwise noted)
All Buyers fee's are aggregate unless otherwise noted. This means after you cross certain price thresholds you will pay a different buyers fee for the remaining amount. See below for an example.
Example:
If buyers fee is 8% for bids up to $99,999.99, 5% for bids $100,000 - $499,999.99, and 4% for bids over $500,000.
- Winning bid: $50,000: = Buyers fee: $4,000 (8% of $50,000).
- Winning bid: $150,000: = Buyers fee: $10,500 (8% of $100,000 = $8,000) + (5% of $50,000 = $2,500).
- Winning bid: $550,000: = Buyers fee: $30,000 (8% of $100,000 = $8,000) + 5% of $400,000 = $20,000) + (4% of $50,000 = $2,000).
Where can I see what the buyers fee is?
The current buyers fee will always be shown on the page of the listing under the current price in both the bid area and auction details area. You will also see the buyers fee amount you will pay for your entered bid on the page where you confirm your bid.
What if the selling agency rejects my bid?
If the government agency rejects your bid (they reserve the right to do so) your buyer's fee will be returned, in full, to you within 5 days of notification to Municibid of the rejected bid by the governing body.
Bidding Increments
Please Note: Bid increments automatically adjust based on the level of the current bid. The increments are as follows:
| If amount is greater than or equal to | The bid increment will be |
| $0.00 | $1.00 |
| $100.00 | $10.00 |
| $500.00 | $25.00 |
| $1000.00 | $50.00 |
| $2500.00 | $100.00 |
FAIR WARNING ALL SALES ARE FINAL. You are legally obligated to pay for your item per the terms of the seller if you are the high bidder at the close of auction. If you do not pay for your item, you will not receive a refund of your buyer's final sale fee, you will no longer be permitted to bid on municibid.com and will be subject to a penalty of 40% of the winning bid amount. If your credit card is declined for insufficient funds, you will be charged a $50 fee.