Terms: All purchases are to be paid for in American funds on sale day by cash or cashiers check. Personal/Company check must be accompanied with a current bank letter of guarantee made to Deanco Auction guaranteeing payment to Deanco Auction. NO EXCEPTIONS !!
Buyers Premium: $0 to $5000-- 10% of purchase price per Lot ($1000 x10%= $100)
$5001 to $10000- $500 Flat Fee per Lot ($500 each Lot purchased in this price range)
$10001 to $50000- 5% fee Capped at $2500 per Lot ($20000 X 5%= $1000)
Deanco Live Internet Fee: 3% of the selling price of each item. The internet fee is capped at $1,200 per item.
Credit Cards Convenience Fee: 3.5%
Wire Transfers Convenience Fee: $30.00
Warranty: Everything is sold 'AS IS, WHERE IS' without warranty or guarantee of any sort, wither expressed or implied. DO NOT BID unless you have determined the condition of the lot from your OWN EXAMINATION. All information was obtained from sources assumed to be correct but is not guaranteed by Deanco Auction
Catalogs: This brochure is furnished by the Auctioneer as a guide only. No guarantee as to the accuracy of description is made. Announcements made on auction day by auctioneer take precedence over all printed material and advertising. In some cases, items advertised in printed materials and online may have to be removed from the auction.
Sales Tax: MS: All sales are subject to MISSISSIPPI sales tax unless you have proper re-sale exemption. Any dealer purchasing for resale must execute a Certificate of Resale and present your Sales Tax Permit Number. Failure to furnish to information will result in payment of sales tax.
MS General Sales Tax Rate 7% Light Vehicles 5% Heavy Vehicles & Semi Trailers 3% Farm Tractors w/ Affidavit 1.5%
All property is sold “AS IS”, and ALL SALES ARE FINAL. Property is open to thorough public inspection. It is the Bidder’s responsibility to determine condition, age, genuineness, value or any other determinative factor. Deanco Auction Company may attempt to describe the merchandise in advertising, on the Internet and at the auction but makes no representations. In no event shall Deanco Auction Company be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Bidder shall be the sole judge of value.
Bidders who bid from off site and are not present at the live auction or preview understand and acknowledge that they may not be able to inspect an item as well as if they examined it in person. It is the Bidder’s responsibility to determine condition, age, genuineness, value or any other determinative factor. Deanco Auction Company shall endeavor to describe in detail each item and any pertinent information about it. Deanco Auction Company will not be responsible for any errors or omissions in the description of the merchandise unless it is a material and intentional misrepresentation of the item itself. Bidder agrees that everything is sold as is and that they may not return any item they purchase.
Deanco Auction Company is providing Internet pre-auction and live bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall Bidder have any kind of claim against Deanco Auction Company or anyone else if the Internet service fails to work correctly before or during the live auction. Deanco Auction Company will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bid is acknowledged should use the proxy-bidding feature and leave their maximum bid 24 hours before the auction begins. Deanco Auction Company reserves the right to withdraw or re-catalog items in this auction.
