TERMS & CONDITIONS:
All questions regarding this auction should be directed to Wardlow Auctions, Inc. Any member of our staff would be happy to answer your questions and make this an enjoyable auction experience for you.
Wardlow Auctions, Inc.
12200 Shelbyville Road Suite 222
Louisville, KY 40243
Office: (502) 489-5515 Fax: (502) 489-5516
Auctioneer: Stacie Hewitt
Online bidding is offered as a courtesy. The Auctioneers, Wardlow Auctions, Inc., Seller, and the Internet and Software Providers do not guarantee or warrant the online bidding procedure and/or system to operate without interruption or malfunction, and shall not be held responsible in the event of such.
Potential change in terms and conditions due to government intervention to control coronavirus.
Due to the sudden and dramatic changes that have taken place in an effort to stem the spread of the coronavirus, and the possibility of uncertain changes to come (all of which are outside of ours, the seller’s and bidder’s control), we are temporarily adding a new element to our terms and conditions that will allow for the extension of the auction period under extenuating circumstances as noted below.
In the event of a significant event such as a mandate for everyone to “shelter in place” or “to close all certain businesses”, or other comparable significant action that would impede the continuation of the auction as scheduled, we reserve the right to extend the auction closing date beyond the date originally scheduled. For clarification, this simply means that the auction would remain open but the auction closing date would be extended as reasonable and appropriate given the situation. We will of course notify all registered bidders of any extensions of a closing date should that situation occur. If those events do not occur, the auction will close as planned.
Inspections: Due to neighborhood restrictions, we cannot offer a public nspection of these items.
Buyer’s Premium: A 10% buyer’s premium will be added to the winning bid of each item to determine the final selling price.
Payment Terms: All items must be paid for in full prior to removal and not later than 4:00 pm on Wednesday, May 27, 2020. Payment may be made by cash, credit card (VISA or Mastercard), good personal check, Official Bank Check, or bank certified check. All purchases over $1,000 must be paid for by cash, credit card (VISA or Mastercard), Official Bank Check, or bank certified check. Most buyers choose to pay for their items when they pick them up. However, you can also click “Pay Invoice Now” when you received your invoice. If you fail to pick up your items, we will go ahead and charge your credit card. Due to the closing on the house, items not removed by the Wednesday deadline will incur a $20 rescheduling fee or at-cost charge if the item has to be moved to our office.
Removal Information and schedule:
All purchases can be picked up at 420 Pennington Ln. Louisville, KY 40207 on Tuesday, May 26, 2020 from 12pm-6pm or Wednesday May 27, 2020 from 10am-4pm.
Shipping: If you require shipping we suggest you use professional shippers. We have worked successfully with a company called Fragile Pack of Louisville to handle customers' shipping needs. Buyers should contact Scott Logsdon of Fragile Pack at (502) 423-0000 for shipping questions and needs. Wardlow Auctions will coordinate your shipping needs to the extent possible. In the event you’re shipping coins, we may use either Fragile Pack or USPS flat rate shipping. For USPS flat rate shipping we will coordinate with you prior to shipping to determine cost. Shipping costs will be charged to your credit card.
Transfer of Title and Ownership of Property: Title and ownership of property purchased shall convey to buyer only upon payment AND pick-up of the property by the winning bidder. Unless special arrangements are made with the auctioneer, for any items not paid for and/or picked up by the winning bidder within 7 days of the date payment was due, the property shall be considered abandoned and any interest they may have in the property shall revert back to the seller or auctioneer and there shall be no refunds to the winning bidder.
Registration: Registration is free but does require several important pieces of information. Bidders must be registered with their full name, address, and telephone number. An email address is also required so bidders may be sent winning bid notifications and auction invoices. Information from either a MasterCard or Visa is to be held on file. This information is obtained to deter defunct bidding and to facilitate payment once you receive your invoice. The account will be charged in the event that an item has been unpaid after the allotted time for payment has passed. Registration may only be completed with an acknowledgment that the bidder has read and understood all terms and conditions for the sale and online bidding.
How to Register for First Time Bidders: Click on “Register to Bid”, at the next page click on “Sign Up”, and then complete the information requested. Upon successful completion you will receive notice that you are approved to bid.
If You Have Already Registered: If you have already registered and been approved, you simply click on the “Register to Bid” link and on the next page, click on “Sign In”.
Description of Items: All descriptions and information are believed correct, but are not guaranteed and as such the Auctioneers, Wardlow Auctions, Inc., and/or the Seller shall not be held liable for inaccuracies in the information. It is the Bidders responsibility to obtain or verify, prior to bidding, any information they consider critical to their decision to purchase. Preview times are available for potential bidders to physically inspect the items. All bidders are encouraged to research all aspects of the items, descriptions and information provided to their complete and full satisfaction prior to bidding. The items are being sold “as-is” “where-is” with no warranties or guarantees of any kind including merchantability and/or fitness for particular purpose.
Bidding: Online bidding is to be understood as a binding contract. Bids will be taken with the understanding that the bidder will honor their winning bid with sufficient funds including all applicable taxes and fees. Do not bid if you do not intend to pay. Notification of winning bids will be sent via email along with an auction invoice within 6 hours of the auction’s close. Be sure to check your "Junk" email folder if you do not receive your invoice within that time frame. Bidding can be made using two methods on our website- by clicking on the “Bid” button or by clicking on the “Set Max” button to establish your maximum bid. Bidding increments are pre-set and vary in relationship to the value of the item.
Up to $20.00 - $1.00 increment
Up to $50.00 - $2.00 increment
Up to $100.00 - $5.00 increment
Up to $500.00 - $10.00 increment
Up to $1,000.00 - $20.00 increment
Up to $10,000.00 - $50.00 increment
Up to $50,000.00 - $100.00 increment
“Set Max” Feature: This feature does your bidding without the bidder having to constantly view, log in, and bid on an item. Setting a maximum online is much like coming to a live auction with a preset spending limit in mind. The program will bid for you, in the prescribed increments, and only up to your set maximum bid for the item. For example: assume an item is currently at $200 with Bidder A having the winning bid, and Bidder B wants to place a bid and is willing to spend as much as $400 for the item. If Bidder B places a maximum bid of $400, the price of the item rises only to the next required bid increment or in this case $210. Your Maximum bids are kept confidential and not available for other bidders to see. Any bidder can raise or lower a maximum bid at any time prior to the close of the auction.
Sales Tax:. All sales are subject to 6% Kentucky Sales Tax. The sales tax on the vehicle will be collected by the county clerk's office during the title transfer.
Close of Bidding: The bidding will begin to close at 7:00 PM (Eastern time zone), Monday, May 25, 2020. For your convenience, the closing of items will be on a staggered basis of 7 items every minute. For example, items 1-7 will begin closing at 7:00, items 8-14 will begin closing at 7:01, items 15-21 will begin closing at 7:02, etc. The closing of some items may be extended in the event of last minute bidding. See paragraph below regarding the Extended Ending feature.
Extended Ending: All items in the auction will be subject to an extended ending, whereas at the close of the auction, any bidding activity on an item within 3 minutes of the closing time will automatically extend the bidding for 3 more minutes past the time of the last bid. The bidding on that lot will continue to remain open in 3 minute intervals as long as there is bidding activity within 3 minutes of the previous bid. Once there is no bidding activity within the 3 minute period, the bidding on that item will close. For example, if a lot is supposed to close at 7:00 PM but a last minute bid is placed at 6:59 PM, bidding will be extended until 7:02 PM. If another bid is placed on an item at 7:01 PM, bidding will then close at 7:04 PM, unless subsequent bids are placed.
Penalties: Any bidding found to be fraudulent and/or negligence to provide proper payment in the allotted time will result in all appropriate legal action. Any invoice not fully and properly paid for in the allotted time will be charged to the credit card account presented at registration and the items forfeited. Delinquencies will be noted and will prevent the individual from participating in any further live or online auctions conducted by Wardlow Auctions, Inc. Wardlow Auctions, Inc. retains the right to prevent anyone from participating in this and future online auctions who does not abide by the terms and conditions of the auction or whose actions are not in the best interest of our client, the Seller.
Auctioneer's Representation and Right to Bid: In accordance with KRS330.220(6)(a), it is hereby disclosed that, with permission from the seller, the auctioneer and any auction staff members have the right to bid.
Special Terms for Sale of Vehicles
- Vehicles must be paid for by cash or by official bank check made payable to Wardlow Auctions Inc.
- Upon payment, the vehicle may be transferred to the buyer through the county clerk’s office.
- Once title is transferred to the buyer, the buyer may take possession of the vehicle.
- Note: The county clerk’s office will require that the vehicle(s) be insured before they will transfer it. You’ll need to get insurance and provide them with proof of insurance prior to transferring the vehicle.
- The KY County Clerk’s office will charge sales tax on the vehicle at the time of transfer.