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Auction Ended:
Final Bid:
$675.00
Bids:
53 Bids
Auction Details
| Starting Bid: $1.00 | |
| Current Price: $675.00 | |
| Buy Now Price | $0.00 | No Reserve Available for immediate purchase. |
| Buyer's Fee: 9.00% |
| Start Date | |
| End Date | [Extended] |
| Bid History | 53 Bid(s) |
| High Bidder | Devinlis D******s |
| Page Views | 1603 |
Payment Details
If the total purchase price is less than $300.00 payment can be made with a personal check, certified check, official bank treasurer's check or money order payable to the University of Massachusetts. If the total purchase price is $300.00 or greater, payment must be made with an official bank treasurer's check or money order payable to the University of Massachusetts. Payment must be received prior to the removal of the equipment. Reference the University of Massachusetts Amherst-Sale of Surplus Property-Terms and Conditions at: https://www.umass.edu/controller/sites/default/files/UMass_Amherst_-_Sale_of_Surplus_Property_Terms_and_Conditions.pdf
Item Description
South Bend Lathe 10 Inch
S/N 6872RKL13
Machines must be removed between 5/22 – 5/26. Between Hours of 7am – 3pm
The winning bidder must supply their own rigging (e.g. Forklift, moving dollies) We do have a loading dock. 34" in height.
Seller’s Terms & Conditions
INSPECTION STRONGLY ENCOURAGED, SOLD AS IS WITH NO WARRANTY
Additional Information on this Auction
| Custom ID | N/A | |
| Will Item results be voted on | No | |
| Will you ship this item | No. Pickup only. | |
| In person item inspection information | Contact: Rick Winn Phone: 413-577-0351 Email: winnjr@umass.edu (Machines must be removed between 5/22 – 5/26. Between Hours of 7am – 3pm) |
Questions/Answers Ask the seller a question about this auction.
You must be signed in to ask and answer questions.| No one has asked a question on this item yet. |
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.