WM Cohen & Sons Truck Parts - Inventory Reduction Online Auction Dec 4th

WM Cohen & Sons Truck Parts - Inventory Reduction Auction

Trucks, Heavy Truck Parts & Equipment

View the Auction and register to bid on our ONLINE BIDDING PLATFORM: bid.geyerauctions.com

Preview and Inspections: Wednesday December 3^rd 12pm-4pm

Location: 4109 Lincoln Hwy Thorndale, PA 19372

Online bidding closes Thursday December 4^th at 3:00pm

Pickup and Removal: Friday December 5th 10am-4pm

View the Auction and register to bid on our ONLINE BIDDING PLATFORM: bid.geyerauctions.com

Geyer Auction Companies
AY-000243-L
215-326-9624

Auction Terms: 
10% Buyer’s Premium for invoices over $3,000.  A $515 ($500 deposit plus $15 credit card fee) deposit will be charged to your credit card on file at the close of the auction for winning bidders. Balance is due at pickup in CASH, Wire Transfer or certified funds.

13% Buyers Premium for Invoices $3,000 or less.  These invoices will be automatically charged to your credit card on file at the close of the auction. These invoices will have a 3% administrative fee applied plus 10% Buyer’s Premium for a total of 13%. 

No sales tax will be charged for this auction

Auction Timing
This is a timed auction. The first lot will close at the scheduled close time. Each additional lot will close at 15-20 second intervals in consecutive order. Since there are several hundred lots in each auction, the entire auction may take several hours to complete. Please plan accordingly.

Important: Just because you have the high bid at 6:00 PM, does not mean you will not be outbid later in the auction. Please place you MAX bid aheard of time or watch the website at the time your item is closing.

Extended Bidding (Soft Close)
We utilize extended bidding or "soft close" to ensure fairness in the bidding process. If a bid is placed during the last minute of an item’s bidding period, the auction for that item will be extended for 2 additional minutes. This process continues until no further bids are placed, at which point the lot will be sold to the highest bidder.

Bidder Responsibility & Binding Contract
By registering and placing a bid, you acknowledge and agree to the following:
Binding Agreement: When you place a bid, you are entering into a binding contract to pay the full purchase price plus buyer's premium.
No Bid Retractions: Bids are final and cannot be retracted or canceled. Be certain of your bid amount before placing your bid.
No Refunds: All sales are final. Once a bid is placed, there will be no refunds, cancellations, or returns.
No Rescission Rights: The highest bidder will have no right of rescission and no rights to refunds or exchanges. All sales are final.

Inspection & Condition of Items
Inspection: It is the responsibility of each bidder to inspect the items before placing a bid. By bidding, you acknowledge that you are satisfied with the condition of the items.
AS IS, WHERE IS: All items are sold AS IS, WHERE IS, with all faults, if any, and without any warranty or guarantee, either expressed or implied. It is the bidder’s sole responsibility to inspect the items and determine their condition before placing a bid.
Final Sale: The auction company does not accept returns or offer refunds for any purchases. All sales are final.

State Laws & Regulations
This auction is conducted under the laws of the State of Pennsylvania. By placing a bid, you agree to abide by all applicable laws and regulations. A bid in this auction constitutes a legally binding contract.

Credit Card Payments
If your credit card is not valid or we cannot charge the payment for your purchase (or deposit), your item(s) will be forfeited and you will be flagged as a non-paying bidder. This will result in a ban from participating in future auctions.
Non-Payment: If payment is not received or charged successfully, the buyer will be reported as a non-paying bidder to all of our bidding platforms, including Bidwrangler, Hibid, Proxibid, and the Pennsylvania Auctioneers Association.

Used Truck and Vehicle Terms

Please inspect vehicles and equipment in person before bidding. All items are sold in AS-IS condition. Used vehicles and equipment may have mechanical issues, rust, need repairs, etc.  We describe mileage and hours as shown by the odometer and hour meter but the auction company makes no guarantee of accuracy. It shall be the buyer’s responsibility to inspect the vehicles or equipment before bidding.  By placing a bid you acknowledge you are satisfied with the condition of the item.

Onsite Title Transfers

All title transfers will be handled onsite by our licensed PennDOT notary. Applicable title transfer fees apply and must be paid directly to the notary at the time of transfer. NO open titles will be given out under any circumstances.

Sales Tax: Sales tax will be paid directly to PennDOT at the time of title transfer for Pennsylvania residents.

Applicable Fees:
Sales Tax: 6% of the sale price (for PA residents)
Title Fee: $72 (PA)
Registration Fee: Applicable rate per vehicle (PA)
County Fee: $5 (if applicable)

Title & Registration Service Fees:
Clerical/Processing Fee: $120
Notary Fee: $10
Messenger Fee: $20
Online Fees: $21 (if applicable)

Out-of-State Residents:
Clerical Fee: $30

No Shipping

Items are Pick-Up Only: All items must be picked up in person.