- CHICAGO ELECTRIC POWER SYSTEMS
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Parts Vehicles, Equipment, Tools, Shop Equipment, Personal Property & More at Absolute Online Auction
Bidding Ends Monday, March 24th, 2025 at 6:00PM
171 Beaver Valley Road Martin, Ky
PREVIEW DATE: Monday, March 24th, 2025 from 12:00 noon to 6:00 p.m.
PAY / PICK-UP DATE: Tuesday, March 25th, 2025 from 12:00PM NOON to 6:00PM & Wednesday, March 26th, 2025 from 10:00AM to 2:00PM
NOTE: THESE ARE THE ONLY PICKUP DATES. NO OTHER DATES WILL BE PROVIDED. ALSO NO TRANSFER OR TRANSPORTATION OF ITEMS BY FORD BROTHERS STAFF WILL BE AVAILABLE.
TERMS:
Any item listed with "NO TITLE" is final. Ford Brothers will not provide a title at any time or help with getting a title for this item now or in the future. The seller will not be providing title to any vehicle listed with "NO TITLE" as well.
Auction Premium: There will be a 10% Auction Premium added to the winning bid. The sum of the winning bid plus the Auction Premium will be the sales price.
Online Auction Ending Times:
Ford Brothers, Inc. Online Auctions are timed events and all bidding will close at specified time. Ford Brothers, Inc. Real Estate Online Auctions also have an auto extend feature. If a bid is placed in the final 5 minutes of an auction, the auction ending time will be automatically be reset back to the 5 minutes remaining mark.. Example: if an auction scheduled to close at 6:00 receives a bid at 5:59, the close time will automatically be reset back to 5 minutes. The auto extend feature remains active until no further bids are received within a 5 minute time frame.
Staggered Closing: This online auction closes in intervals. Depending on how large (# of lots) an auction is, then we set the auction to close so many lots at a time. It is typically 20-50 lots every minutes. If it is a large auction then it will be 75-100 lots at a time. Please monitor the countdown timer to see when the lot will close. Please check the auction announcements for detailed information regarding these intervals. This feature works great with the auto-extend feature to closely emulate a live auction.
SERVER & SOFTWARE TECHNICAL ISSUES: In the event, there are technical difficulties related to the server, software, or any other online auction-related technologies, Ford Brothers, Inc. reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor FORD BROTHERS, INC. SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Ford Brothers, Inc.
All personal property is sold in “AS IS” and “WHERE IS” condition. ALL SALES ARE FINAL! Bidder understands and agrees that no refunds, exchanges, adjustments, chargebacks, etc, will be allowed. The personal property is available for inspection at specified times and it is the bidder's responsibility to determine the condition. The bidder's failure to inspect any item or lot will not constitute grounds for any claim, refund, adjustment, chargeback, etc.
All description information has been gathered from sources that we believe to be reliable but are not guaranteed. Auctioneer makes no warranty or guarantee of any kind with respect to condition, authenticity, provenance, source, condition, suitability for a particular purpose, etc. The auctioneer reserves the right to change, modify, or delete any item or lot, or description in the auction as may be necessary.
Payment, Pickup, Shipping & Storage Terms:
Pickup/Payment Info: Tuesday, March 25th, 2025 from 12:00PM NOON to 6:00PM & Wednesday, March 26th, 2025 from 10:00AM to 2:00PM Accepted methods of payment are cash, cashier's check or personal/business check, Visa, Mastercard, American Express or Discover (with a 4% processing fee (minimum processing fee of $4) or wire transfer. All fees incurred by wired transfers will be paid by the purchaser. All purchases that have not been paid by Wednesday, March 26th, 2025 at 6:00 p.m. will automatically be charged to the credit card used at registration, with a 4% processing fee (minimum processing fee of $4). All purchased items must be removed by the deadline of Wednesday, March 26th, 2025 at 6:00 p.m. Any items not removed by the deadline will, at Auctioneer's discretion, be discarded or resold with proceeds retained by Auctioneer. There will be NO REFUND to the purchaser for these forfeited items.
Large Item Pickup: Ford Brothers, Inc absolutely DOES NOT provide shipping, shipping preparation, or transportation services for any items larger than the size of the largest U.S. Postal Service flat rate box. Removal of items, moving, packaging, loading, transporting, shipping, and shipping preparation (on items larger than the above-stated size) are the sole responsibility of the purchaser.
Shipping Preparation: Shipping and shipping preparation on items that will fit into a US Postal Service flat rate box will be subject to the following charges: $10 processing and handling fee per box. The buyer shall pay all shipping fees prior to shipping. The shipping insurance is available through most shipping companies and would be the expense of the buyer (optional). Ford Brothers, Inc. and the sellers WILL NOT be liable for any lost or damaged packages.
Invoice Payment: Any invoice totaling over $1,000 in value, the buyer will be asked to have payment wired to Ford Brothers Inc. Auctioneers, at the auctioneer’s discretion. Wiring instructions will be provided to the buyer upon request.
Item Transportation: NO TRANSPORTATION OF ITEMS WILL BE AVAILABLE FOR THESE ITEMS IN THIS AUCTION. ALL ITEMS MUST BE PICKED UP ON-SITE AT THE AUCTION LOCATION.
SALES TAX: Kentucky Sales Tax (6%) will be added to the sale price. Dealers or other exempt parties must provide proper documentation to Auctioneer before bidding.
Any dispute between Ford Brothers, Inc, its Agents or Representatives, and the Buyer(s) will be tried in a court of jurisdiction in Pulaski County, Kentucky. By bidding on the property, the buyer agrees to all terms and conditions set forth.
Agency: Ford Brothers, Inc.' Agents and Representatives are agents of the Seller. Buyer and or Bidder agrees to hold harmless and indemnify Ford Brothers, Inc. and its Agents and its Representatives from any and all claims, damages, or suits including but not limited to awards, judgments, costs, fees, etc.
Ford Brothers, Inc., reserves the right to alter this agreement at any time. This will take place by updating this site. Please check back and review these terms as every time you use this site you are agreeing to the terms as they are written at that time.
Auction company employees and/or the auction company may bid on and purchase auction items.
BIDDER DEFAULT: Failure to complete a purchase is illegal and will result in one or more of the following (1) prosecution (2) a $5,000 penalty (3) loss of bidding privileges for Ford Brothers and all other MarkNet auctions.
If a bidder at any time feels his/her username, password, or bidder number has been compromised due to lack of security by the bidder, notify Auctioneer immediately.
For additional information, contact Ford Brothers, Inc. Auctioneers at 606-679-2212.
TIME IS OF THE ESSENCE in regard to all auction terms.
Ron Shaw, Auctioneer
PAY / PICK-UP DATE: Tuesday, March 25th, 2025 from 12:00PM NOON to 6:00PM & Wednesday, March 26th, 2025 from 10:00AM to 2:00PM
NOTE: THESE ARE THE ONLY PICKUP DATES. NO OTHER DATES WILL BE PROVIDED. ALSO NO TRANSFER OR TRANSPORTATION OF ITEMS BY FORD BROTHERS STAFF WILL BE AVAILABLE.
