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2 Generac Generators/Switches - DSS2992
Listing Number: 50198812 | Trenton, NJ US | NJ Purchase and Property - DSS 19 Seller's Other Auctions
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View Seller Terms (PDF): Auto switch 1
Auction Ended:
Final Bid:
$58,400.00
Bids:
23 Bids
Auction Details
| Starting Bid: $35,000.00 | |
| Current Price: $58,400.00 | |
| Buy Now Price | $0.00 | Reserve Price Met Available for immediate purchase. |
| Buyer's Fee: 7.00% |
| Start Date | |
| End Date | [Extended] |
| Bid History | 23 Bid(s) |
| High Bidder | Strobesrus1 S*********1 |
| Page Views | 2497 |
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
This auction is for 2 Generac Industrial Generators with 2 automatic transfer switches. These units were working when taking out of service. PLEASE SEE PICTURES AND PDF BELOW FOR MORE INFORMATION. Winning Bidder is responsible for the removal of equipment and equipment needed for removal and disposal of any fluids. INSPECTION OF THE SITE IS STRONGLY RECOMMENDED.
Removal Instructions:
The asset must be removed within 10 working days of close of auction. Any asset paid for but not picked up within 10 working days will be subject to a $40 storage fee per calendar day or forfeiture. The removal is the responsibility of the winning bidder. Contact Info: Marc Lamorte - 650 South Broad Street, Trenton, NJ 08610, 609-278-7382, HOURS: 9am to 4pm, M to F, Appointment must be made at least 24 hours in advance
Special Instructions:
Being offered for sale "AS IS - WHERE IS". No guarantees or warranties. Assets may contain defects not readily apparent by visual inspection.
The State of New Jersey Surplus Property Unit is part of a state agency that sells used property for other state agencies across the State of New Jersey. We normally get very little to no information on most items we sell and it is the bidders’ responsibility to inspect and determine the overall condition of the items they wish to purchase. Also, please note that the picture(s) are only part of the description and cannot be relied upon to determine overall condition. Physical inspection of the property is highly encouraged and recommended. There may be missing items/parts that were removed before turning the item into the surplus property unit. There are no refunds!
Additional information on this Auction
| Custom ID | DSS2992 | |
| Will Item results be voted on | No | |
| Will you ship this item | No. Pickup only. | |
| In person item inspection information | Marc Lamorte - [email protected], 609-278-7382, HOURS: 9am to 4pm, M to F, Appointment must be made at least 24 hours in advance | |
| Pickup Location Details | Marc Lamorte - 650 South Broad Street, Trenton, NJ 08610, 609-278-7382, HOURS: 9am to 4pm, M to F, Appointment must be made at least 24 hours in advance |
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.