2003 John Deere Backhoe Multiple Hydraulic leaks

Listing # 55227670 • Keyport, NJ US • Borough of Keyport

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View Seller Terms (PDF): Borough of Keyport - Surplus Property Auction - Bidder Prospectus.pdf

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View Seller Terms (PDF): backhoe-310g.pdf

Auction Ended:

Final Bid:

$20,100.00

Bids:

96 Bids

Auction Details

Starting Bid: $1,500.00
Current Price: $20,100.00
Buy Now Price	$0.00
Reserve Price Met
Buyer's Fee: 7.00%

Start Date
End Date	[Extended]
Bid History	96 Bid(s)
High Bidder	t*****n
Page Views	3145

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, Credit Card and Wire Transfer. Please note: It may take 2 to 3 days to process your payment once it is received.

Item Description

Serial #2008947

2003

John Deere

Backhoe

Multiple Hydraulic leaks

;

Additional Information on this Auction

Custom ID	20-3
Will Item results be voted on	No
Will you ship this item	No. Pickup only.
In person item inspection information	See attached Bidder's Prospectus regarding inspection

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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.

Buyers fee

Buyers fee

Buyers fee

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

**If there is a reserve on an item, your bid will go to the lessor of either your maximum bid or the reserve price.

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.

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