Auction Format
This is a Timed Online-Only Auction. There will be no live, in-person bidding and no live auctioneer calling bids. All bids must be placed online through the designated bidding platform.
Lots will begin closing at the advertised date and time. Lots may close individually or in groups at predetermined intervals. If the bidding platform utilizes an automatic bid-extension or “soft close” feature, bidding on a lot may be extended when a bid is received near the scheduled closing time. The lot will continue to remain open in accordance with the bidding platform's extension settings until no additional qualifying bids are received during the applicable extension period.
By registering for and/or participating in this auction, bidders acknowledge the timed online-only format and agree to be bound by all Terms and Conditions of the auction.
Buyer’s Premium
A 10% Buyer’s Premium will be added to the final bid price of all purchases unless otherwise stated in the individual lot description.
All invoices must be paid in full before removal of any purchased items. If paying by wire transfer, payment is due within 48 hours of the auction closing unless otherwise stated. Cash or approved check may be accepted at the time of pickup. Accepted Forms of Payment: Wire Transfer; Certified Funds; Cash; Company or Personal Check with Bank Letter of Guarantee; Approved Credit/Debit Card. Credit/Debit Card Terms: A 4% processing fee applies to credit/debit card payments. Maximum credit/debit card transaction is $2,500.00. Keystone Auction Company LLC reserves the right to charge the credit/debit card on file for any unpaid balance after the applicable 48-hour payment period, subject to the policies and capabilities of the bidding/payment platform. Currency: All transactions are in U.S. Dollars (USD).
Unless otherwise stated, all purchased items must be removed within 7 days following the close of the auction, unless prior arrangements have been approved by Keystone Auction Company LLC. Specific pickup dates, times, and locations will be provided in the auction information, invoice, and/or individual lot descriptions. Buyers are responsible for all costs and arrangements associated with removal, including rigging, dismantling, loading, and transportation. Loading assistance or equipment may be available at certain locations; however, availability is not guaranteed. All loading, removal, and transportation are performed at the buyer’s sole risk. Keystone Auction Company LLC assumes no responsibility for injury, damage, loss, or property damage occurring during loading or removal. Risk of Loss Risk of loss transfers to the successful bidder immediately upon the close of bidding on the applicable lot and confirmation of the winning bid, subject to any stated seller confirmation or reserve requirements. The successful bidder is responsible for securing, protecting, and insuring purchased items from that point forward.
All items are sold AS IS, WHERE IS, WITH ALL FAULTS, with no warranties or guarantees, expressed or implied. Descriptions, photographs, serial numbers, hours, mileage, specifications, dimensions, and other information are provided for identification and informational purposes only and are believed to be accurate; however, Keystone Auction Company LLC makes no guarantee as to their accuracy or completeness. Bidders are responsible for conducting their own inspection and due diligence before bidding. Placing a bid constitutes acceptance of the item in its present condition.
Keystone Auction Company LLC reserves the right, at its sole discretion, to reject or refuse any bid or bidder; withdraw any item before closing; cancel, postpone, extend, or reschedule the auction; group, regroup, add, remove, or modify lots; reopen bidding when necessary to resolve a bidding or technical issue; and resolve bidding disputes or irregularities. Keystone Auction Company LLC also reserves the right to correct clerical, cataloging, or administrative errors when discovered. Any updates, corrections, or announcements posted to the online bidding platform or auction website prior to the closing of a lot shall take precedence over prior advertising, descriptions, or representations.
All bidding is conducted electronically through the designated online bidding platform. Keystone Auction Company LLC is not responsible for internet outages, internet connectivity problems, bidding platform interruptions, software or hardware failures, delayed bids, failed bid submissions, browser or device issues, bidder error, or other technical difficulties beyond the Auction Company’s reasonable control. Bidders are strongly encouraged to place bids early and not wait until the final seconds of bidding. In the event of a technical problem or bidding irregularity, Keystone Auction Company LLC reserves the right to pause, extend, reopen, cancel, or otherwise modify bidding when reasonably necessary to preserve the integrity of the auction.
When supported by the bidding platform, bidders may enter a maximum or proxy bid. The bidding system may automatically advance the bidder’s bid against competing bidders up to the maximum amount entered. Bidders are solely responsible for reviewing and confirming their bids before submission.
All bids are binding and cannot be retracted. By placing a bid, the bidder acknowledges that they have reviewed the item information, had the opportunity to inspect the item, understand and accept these Terms and Conditions, and are entering into a legally binding agreement to purchase the item if declared the successful bidder. The successful bidder is responsible for completing the transaction regardless of whether the bidder inspected the item prior to bidding.
Registration for the auction and/or placement of any bid constitutes the bidder’s full acceptance of these Terms and Conditions and any additional terms contained within the auction listing or individual lot description.
