All payments required within 2 days of auction.
Payments are NOT accepted at the auction location.
We encourage online payments due to the 2 day payment requirement.
However, if you choose to pay in person, payments are accepted at the following REPOCAST.COM locations with a REPOCAST.COM cashier during the times indicated:
Date | Byron Center Hours | Wayland Hours |
---|---|---|
Wednesday 11/27/2024 | 9:00 am - 4:00 pm ET | 9:00 am - 4:00 pm ET |
Friday 11/29/2024 | 9:00 am- 4:00 pm ET | 9:00 am - 4:00 pm ET |
Removal is By Appointment ONLY!
NOTICE: Removal times may vary per lot. All items are located at the facility of the seller. Each seller has specific hours of operation and may require an appointment. If you are the winning bidder, you will receive the contact information to arrange removal when invoice is paid in full.
*Unless otherwise noted in the individual item description.*
Photo ID and thumbprint may be scanned during every transaction at the time of pickup. We respect your privacy and we value you as a customer. The photo ID and thumbprint requirement is a security measure to document the actual person picking up item(s) from our facility. The intent of the requirement is to protect you and us, ensuring the items make it to the winning bidders.
By Appointment Only. Please refer to contact information on each lot.
All payments are made to Rangerbid.com (A Miedema Company).
Payments are not accepted at the location of the item.
Please bring your own tools for removal if necessary.
**IMPORTANT NOTE & REMINDER If for any reason buyers fail to remove any of buyer purchases within the time specified, the Auction Co. shall have the right but not the obligation, in its sole discretion, to resell, discard or remove and store said purchase at buyers sole risk and expense (storage costs will be charged - per day - per item - other costs additional), without waiving any rights that Auction Co. or seller may have against buyer. Storage charges will be the responsibility of the buyer (after removal period.) Removal period is posted on each sale and may vary from sale to sale.
A 15% Buyers Premium is in effect for this auction. A 3% discount on the buyer’s premium is given for cash, wire transfer, or cashier's check payments, resulting in a 12% Buyers Premium.
Sales tax is calculated on total sales price which includes Buyer's Premium (therefore Buyer's Premium is also taxable).
Payments are not accepted at the auction location. All payments required within 2 days of auction.
IMPORTANT INFORMATION:
1. Photo ID and thumbprint will be scanned during every transaction at the time of pickup. We respect your privacy and we value you as a customer. The photo ID and thumbprint requirement is a security measure to document the actual person picking up item(s) from our facility. The intent of the requirement is to protect you and us, ensuring the items make it to the winning bidders.
2. Payment of $10,000+ with cash, or specific forms of payment (cash, money order, cashier’s checks with a face value of less than $10,000.00 each) which combine for a total of $10,000+ will require completing the IRS 8300 form. A cashier’s check with a face value of $10,000+ will not require the IRS 8300 form.
3. There is a 3% discount on the buyer’s premium only when the invoice is paid in full with Cash, Cashier’s Check or Wire Transfer. This discount does not apply to payments made by Credit/Debit Card, Personal or Business Checks.
4. *Personal or Business Checks will be processed through TeleCheck ECA service which converts a paper check into an electronic item at the point of sale. The voided check will be returned to person presenting upon approval of electronic fund transfer. Please confirm that your bank allows ECA processing prior to presenting a Personal or Business Check as a form of payment.
HOW TO PAY:
1. REPOCAST CASHIER OFFICE: 601 Gordon Industrial Ct., Byron Center, MICHIGAN 49315
2. WAYLAND AUCTION CENTER: 3450 12th Street, Wayland, MICHIGAN 49348
3. PAYMENTS ARE NOT ACCEPTED AT THE AUCTION LOCATION. Unless auction location is the same as Corporate Office or Wayland Auction Center.
BIDDER explicitly authorizes the charging of his or her credit card for the liquidated damages fee which are applied when bidder/buyer’s invoice(s) are not paid in full within 2 business days of auction date. Liquidated damages fee will equal between 20% and 100% (or minimum of $25.00) of total purchase price during the auction or immediately following the auction. Note that the purchase price is the sum of the bid price, buyer’s premium, buyer's fee, and sales tax if applicable. Liquidated damages fee is assessed based on the level of financial damages caused by the buyer’s failure to follow through with the purchase as documented and agreed upon and by the buyer, and is to be recovered by Auction Co.; although actual damages are difficult to ascertain because of risk and costs associated with re-listing an item, storing it for an undetermined amount of time and, in certain circumstances, needing to physically relocate an item.
**IMPORTANT NOTE & REMINDER If for any reason buyers fail to remove any of buyer purchases within the time specified, the Auction Co. shall have the right but not the obligation, in its sole discretion, to resell, discard or remove and store said purchase at buyers sole risk and expense (storage costs will be charged - per day - per item - other costs additional), without waiving any rights that Auction Co. or seller may have against buyer. Storage charges will be the responsibility of the buyer (after removal period.) Removal period is posted on each sale and may vary from sale to sale.
Titled Items: Title transfers will be done digitally through your online account. Login and select the Title Transfer option from the menu bar to start the process! By doing this from your online account BEFORE proceeding to pickup it will save you time at our facility. Our Title Coordinator will contact you and explain the process or you may call our office for further assistance.
Note to the buyers of titled items: Rangerbid.com, Inc. is required by the State of Michigan to broker all vehicles, trailers or titled items sold. The digital signature collected on the buyer's invoice may be reused by Auction Co. for completion of title transfer or purchase agreement as required for items sold that are titled in the State of Michigan.
Fees Associated with Purchasing an item that requires a State of Michigan transfer of title ownership.
Michigan Resident buyers:
• $125.00 Broker Title Processing Fee (plus Michigan state sales tax) will be charged for all titled items which we are required to broker.
• $15.00 fee for State of Michigan title transfer will be charged.
• Optional: Plate & Registration Fee. At your request, we can apply for your plates and registration on your behalf. If you wish to have us do so, you MUST provide us with proof of insurance for the purchased titled item before you can remove it from the auction site. If not, you must be prepared to tow or trailer your titled item. Fees are based on a calculation of new vehicle class and previous vehicle registration fees (required by State of Michigan). The applicable fees will be added to your invoice.
• Optional: $1.00 30 Day Temporary Tag Fee. If you request a temporary tag a $1.00 fee is assessed by the State of Michigan and will be added to your invoice. **Please Note: if the consignor (seller) listed as seller on the title is a licensed car dealer in the State of Michigan, the temporary tag will be issued by that dealer upon our request from the buyer. Our company will email you the temporary tag when received from the issuing dealer. Please expect there may be a delay in receiving temporary tag only if the consignor (seller) is a licensed dealer in State of Michigan. If the consignor (seller) is not a licensed dealer, our company will issue the temporary tag at the time it is requested.
• Optional: $1.00 Lien Fee. If there is a lien holder on the item purchased a $1.00 fee is assessed by the State of Michigan and will be added to your invoice.
• Please note that buyers will need to sign the appropriate paperwork required by the state for title transfers. Title processing may take up to 21 business days. Then will take 4-10 business days to receive your title from the Secretary of State.
Non-Michigan Residents buyers:
• $125.00 Broker Title Processing Fee (plus applicable sales tax rate based on state of residence).
• $15 In - Transit Title Fee – State of Michigan will issue a 60 day temporary plate & registration for use of the unit until the buyer titles in their state of residence.
• Any other necessary fees according to their state rules for titled items.
• Please note that buyers will need to sign the appropriate paperwork required by the state for title transfers. Title processing may take up to 21 business days. Then will take 4-10 business days to receive your title from the Secretary of State.
For Out of Country buyers:
• $125.00 Broker Title Processing Fee
• State of Michigan requires we collect 6% sales tax and transfer the title as an “In-Transit” through the Michigan Secretary of State before the title is issued to the buyer.
• If buyer is able to provide Rangerbid.com with a Bill of Lading showing export out of the US, sales tax may be waived.
• All out of country buyers must contact our title department to start the paperwork before the item can go across the border. We will need to obtain the appropriate documents and signatures to transfer the title; this could take 3 to 5 weeks. We recommend all titled item purchases made with the intent of taking the titled item out of the country contact the title dept. as soon as a winning bid is accepted.
For Vehicle Dealers:
• $25 Dealer Title Fee – for re-assignment of title. We may request a copy of your valid dealer’s license for verification.
QUESTIONS? Contact one of our Title Department for more information:
• Rangerbid.com Title Department: 616-583-7304
RANGERBID.com does not package or ship items. Be sure to insure your shipment with the carrier.
NO REFUNDS, RETURNS, OR EXCHANGES. All items sold "AS IS WHERE IS" with all faults.
How INCREMENTAL BIDDING Works:
Please note: The website features automated sliding scale bid increment amounts, which are subject to change based on the current bid price of an item. Bid Increments may change based on the current high bid dollar amount. This is an automated process intended to streamline and simplify the bidding process. Below are the bid increment scales which are activated when an item reaches a specific dollar amount:
If an items current high bid is between $5.00 and $250.00, then the bid increment will be $5.00.
If an items current high bid is between $250.00 and $500.00, then the bid increment will be $10.00
If an items current high bid is between $500.00 and $1,000.00, then the bid increment will be $25.00
If an items current high bid is between $1,000.00 and $10,000.00, then the bid increment will be $50.00
If an items current high bid is between $10,000.00 and $25,000.00, then the bid increment will be $100.00
If an items current high bid is between $25,000.00 and $100,000.00, then the bid increment will be $250.00
If an items current high bid is between $100,000.00 and $250,000.00, then the bid increment will be $500.00
If an items current high bid is between $250,000.00 and above, then the bid increment will be $1,000.00
A bid may be placed for any amount equal to or greater than the current required minimum bid amount, which means you can place a bid that is different than the required minimum bid amount so long as it is greater than the minimum bid amount. Any bid placed that is greater than the required minimum bid increment will function as an auto bid.
Example:
Refer to Automatic Bidding section for further explanation of the convenient method of placing an automatic bid.
AUTOMATIC BIDDING (MAX BID, AUTO BID, PROXYBID)
Automatic Bidding (auto bid) option makes bidding convenient allowing you to enter the maximum bid amount* that you are willing to bid on an item. Based on your Account Preferences for notification, you may be notified whenever your auto bid increases &/or when it is exceeded.
The auction company or other bidders do not have access to see your auto bid (proxybid/max bid amount. You are the only person that can see your auto bid amount (displayed in your Watch List).
Your auto bid will not “jump” to the maximum amount. The auto bid will increment up only with competing bids until either the lot completes with you as the high bidder, or until your auto bid has been exceeded by another bid.
If another bidder already has an auto bid in place when you place your auto bid, the (2) competing auto bids will continue to increment until either the lower auto bid is maxed out; or if both auto bid amounts are the same the auto bid that was placed first will become winning position of the bid.
Example #1:
1. Minimum bid is at $10.00 with a $5.00 bid increment. 2. Bidder #1 places an auto bid for $77.00. 3. No other auto bids are in place, therefore Bidder #1 is high bidder at $10.00. 4. Bidder #2 places an auto bid for $23.00. 5. Bids would compete with each other as follows:
Bidder #1 - $10 Bidder #2 - $15 Bidder #1 - $20 Bidder #2 - $23 (maximum auto bid placed) Bidder #1 - $25 (high bid position)
The high bid is $25 not $28 because Bidder #2’s auto bid was exceeded at an increment other than $5.
Example #2:
1. Minimum bid is $10.00 with a $5.00 bid increment. 2. Bidder #1 places an auto bid of $77.00. 3. No other auto bids are in place, therefore Bidder #1 is high bidder at $10.00 4. Bidder #2 places an auto bid for $25.00 5. Bids would compete with each other as follows:
Bidder #1 - $10 Bidder #2 - $15 Bidder #1 - $20 Bidder #2 - $25 (maximum auto bid placed) Bidder #1 - $30 (high bid position)
The high bid is $30 because Bidder #2’s auto bid was exceeded at an increment equal to $5.
Example #3:
1. Minimum bid is $10.00 with a $5.00 bid increment. 2. Bidder #1 places an auto bid of $25.00. 3. No other auto bids are in place, therefore Bidder #1 is high bidder at $10.00 4. Bidder #2 places an auto bid for $25.00 (same amount as Bidder #1 auto bid) 5. Bids would compete with each other as follows:
Bidder #1 - $10 Bidder #2 - $15 Bidder #1 - $20 Bidder #2 - $25 Bidder #1 - $25 (high bid position)
The high bid is $25 with Bidder #1 in high bid position because Bidder #1 placed the $25.00 auto bid before Bidder #2.
*Buyer’s premium and sales tax will be in addition to the winning bid amount.
A bid may be placed for any amount equal to or greater than the current required bid amount, which means your bid amount is not required to be an increment of the posted bid increment.
Example:
Refer to Automatic Bidding section for further explanation of the convenient method of placing an automatic bid.
Dynamic bidding - The dynamic bidding on this website is a feature that extends the closing time of an item if it receives a bid in the final 10 minutes of the original scheduled closing time. This is an automated feature that keeps bidding open until there is 10 minutes of bidding inactivity. Then the bidding on the item will close.
Example – If an item is bid on at 7:56 pm, and the scheduled end time is 8:00 pm, then the ending time for that item will automatically extend 10 minutes from the current time of the last bid, changing the scheduled end time to 8:06 pm. If another bid is placed before 8:06 pm then the auction will extend another 10 minutes based on the most recent current bid time. This will give bidders an additional 10 minutes to place another bid. For this example, if no bids are placed this lot will conclude at 8:16 pm. The key to your dynamic bidding feature is that the auction extends from the time the bid is placed, changing the closing time in 10-minute intervals from the time the most recent bid is placed.
Posted closing times and displays of Auction Co.'s current time are approximate. Auction Co. reserves the right to close early or extend auctions at any time at its discretion. It is strongly recommended that bids be placed early to avoid losing out due to an ill-timed, last-minute bid. All times based on posted time zone (location of item).
You can place bids on an item before the auction starts, this is especially helpful if you will not be available on the day of the auction.
When an item status shows as “Pre-Bidding” this simply means that bids placed are not displayed on the auction site until the date the auction is scheduled to open.
Although there may actually be pre-bids placed on the item, an item in pre-bidding status will show # of bids placed as 0 and the current bid (required bid) will show as the opening bid.
You may place a pre-bid through the same process as normal bidding. You can monitor & view your bidding activity on items in pre-bid status from your Watch List.
When you place a pre-bid, if you are notified that your bid is not higher than another user’s pre-bid this means that another bidder(s) has already placed a pre-bid equal to or higher the amount of the pre-bid you are attempting to place. You will need to raise your pre-bid if you want to be in the winning position.
All pre-bids will be tallied and shown when the auction actually begins.
Automatic Bidding (auto bid) option makes bidding convenient allowing you to enter the maximum bid amount* that you are willing to bid on an item. Based on your Account Preferences for notification, you may be notified whenever your auto bid increases &/or when it is exceeded.
The auction company or other bidders do not have access to see your auto bid amount. You are the only person that can see your auto bid amount (displayed in your Watch List).
Your auto bid will not “jump” to the maximum amount. The auto bid will increment up only with competing bids until either the item completes with you as the high bidder, or until your auto bid has been exceeded by another bid.
If another bidder already has an auto bid in place when you place your auto bid, the (2) competing auto bids will continue to increment until either the lower auto bid is maxed out; or if both auto bid amounts are the same the auto bid that was placed first will become winning position of the bid.
Example #1:
1. Minimum bid is at $10.00 with a $5.00 bid increment.2. Bidder #1 places an auto bid for $77.00. 3. No other auto bids are in place, therefore Bidder #1 is high bidder at $10.00.4. Bidder #2 places an auto bid for $23.00.5. Bids would compete with each other as follows:
Bidder #1 - $10 Bidder #2 - $15 Bidder #1 - $20 Bidder #2 - $23 (maximum auto bid placed) Bidder #1 - $25 (high bid position)
The high bid is $25 not $28 because Bidder #2’s auto bid was exceeded at an increment other than $5.
Example #2:
1. Minimum bid is $10.00 with a $5.00 bid increment.2. Bidder #1 places an auto bid of $77.00.3. No other auto bids are in place, therefore Bidder #1 is high bidder at $10.004. Bidder #2 places an auto bid for $25.005. Bids would compete with each other as follows:
Bidder #1 - $10 Bidder #2 - $15 Bidder #1 - $20 Bidder #2 - $25 (maximum auto bid placed) Bidder #1 - $30 (high bid position)
The high bid is $30 because Bidder #2’s auto bid was exceeded at an increment equal to $5.
Example #3:
1. Minimum bid is $10.00 with a $5.00 bid increment.2. Bidder #1 places an auto bid of $25.00.3. No other auto bids are in place, therefore Bidder #1 is high bidder at $10.004. Bidder #2 places an auto bid for $25.00 (same amount as Bidder #1 auto bid)5. Bids would compete with each other as follows:
Bidder #1 - $10 Bidder #2 - $15 Bidder #1 - $20 Bidder #2 - $25 Bidder #1 - $25 (high bid position)
The high bid is $25 with Bidder #1 in high bid position because Bidder #1 placed the $25.00 auto bid before Bidder #2.
*Buyer’s premium and sales tax will be in addition to the winning bid amount.
When an item says “sells subject to approval of high bid” ,this means that an item’s final bid price and sale is contingent upon receiving the approval of the Bank, Court, Trustee, Lien Holder(s), or owner affiliated with that particular piece. Please call 616-261-4984 to confirm whether an items final bid has been approved and accepted. Thank you.
All bidders will be subject to applicable sales tax for the state in with the auction is held. If you are tax exempt, provide our office with the documentation required for exemption.
Sales tax is calculated on total sales price which includes Buyer's Premium (therefore Buyer's Premium is also taxable).
Are you claiming exemption from sales tax for a purchase? Please review options within your online account for completing the required form and submitting your request for sales tax to be removed from your invoice (after purchase).
The vendor is unable to confirm if the claim for exemption is applicable for each sale, therefore it will be the responsibility of the buyer to claim exemption on each purchase independently.
Posted closing times and displays of Auction Co.’s current time are approximate. Auction Co. reserves the right to close early or extend auctions at any time at its discretion. It is strongly recommended that bids be placed early to avoid losing out due to an ill-timed, last minute bid. All times are local time for auction location.
Dynamic bidding - The dynamic bidding on this website is a feature that extends the closing time of an item if it receives a bid in the final 10 minutes of the original scheduled closing time. This is an automated feature that keeps bidding open until there is 10 minutes of bidding inactivity. Then the bidding on the item will close.
Example – If an item is bid on at 7:56 pm, and the scheduled end time is 8:00 pm, then the ending time for that item will automatically extend 10 minutes from the current time of the last bid, changing the scheduled end time to 8:06 pm. If another bid is placed before 8:06 pm then the auction will extend another 10 minutes based on the most recent current bid time. This will give bidders an additional 10 minutes to place another bid. For this example, if no bids are placed this lot will conclude at 8:16 pm. The key to your dynamic bidding feature is that the auction extends from the time the bid is placed, changing the closing time in 10-minute intervals from the time the most recent bid is placed.
Forklift & Loading Dock are NOT available at this auction site.
The following payments qualify for a 3% discount on Buyer's Premium, when the invoice is PAID IN FULL with one of these payment types: