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IQBID November Auction
Closed
Bid Extension is On
Internet Buyer's Premium is 10.0%, capped at USD $1,000.00 per item

By accepting the terms and conditions of this auction you acknowledge you are entering into a legal and binding contract:

When paying within the stated time and with our acceptable payment methods:

  • A 2% fee with a maximum charge of $500 per item applies to items purchased on Live Webcast Auctions.
  • A 10% fee with a maximum charge of $1000 per item applies to items purchased on Timed Online Auctions.


You agree to make payment for all online purchases in U.S. Funds within 2 business days or less of receipt of invoice. Acceptable forms of payment are: bank wire transfer, check by phone (701-237-9173), or check by fax (fax # 701-237-0976 Attn: Brenda) within 2 business days unless financing through one of our approved lending sources. To issue a check by fax, simply make a check as you normally would and fax it to our West Fargo office (fax # 701-237-0976 Attn: Brenda).

Checks by mail ARE NOT an accepted form of payment. Any other form of payment, other than the listed acceptable payment methods are subject to an additional 3% buyer's fee on the full amount of the purchase.

ALL APPROPRIATE STATE SALES TAX LAWS WILL APPLY PER THE LOCATION AND SELLER OF THE PIECE OF EQUIPMENT.  Please note that Minnesota DOES NOT consider regularly scheduled consignment auctions as "auctions" but rather "consignment auctions", requiring sales tax to be charged unless the buyer can provide an exemption form.

If you have any questions concerning a piece of equipment and possible sales tax, please contact the appropriate state government agency for that location.  Listed below are links for MN Department of Revenue,  ND Tax Commissioner and Iowa Department of Revenue. 

MN Link:  http://www.revenue.state.mn.us/Forms_and_Instructions/st3.pdf

ND Link:

http://www.nd.gov/tax/salesanduse/streamlinetax/streamlinedcertificateofexemption.pdf

Iowa Link:  

http://www.iowa.gov/tax/forms/31014.pdf

ND SALES TAX TERMS FOR CANADIAN CUSTOMERS

USED FARM EQUIPMENT

The sale, at auction, of used farm machinery to a Canadian farmer for agricultural use, is exempt from sales tax the same as a ND farmer.

The purchase, at auction, of used farm machinery by a Canadian farm equipment dealer (retailer) would be sales taxable unless:

  • They complete an exemption certificate with a ND sales tax permit number
  • The purchased goods are shipped to them in Canada - in this case a delivery receipt must be provided to Steffes Auctioneers.

NEW FARM EQUIPMENT

The sale, at auction, of new farm machinery to a Canadian farmer for agricultural use, or a Canadian farm equipment dealer (retailer) is taxable at the current state rate of 3% plus any local sales tax if applicable.  The law also provides that Canadians may apply for a refund of the tax paid when meeting certain requirements.  This form and conditions of use are available online at http://www.nd.gov/tax/salesand%20use/canrefund/.

No items will be released until full payment clears our office. For payment questions contact Brenda at 701-237-9173 or email brenda@steffesauctioneers.com.

Steffes Auctioneers, IQBID.com and it's Employees act merely as agents for sellers. All auctions are with reserve unless specifically stated otherwise. Reserves, if any, ARE NOT disclosed. All final bids are subject to the seller's confirmation. Only the top bidder will be contacted as to the status of his/her bid. While the information we provide on item(s) is deemed correct, no warranties are expressed or implied as to any items being sold and you agree to purchase and accept the item in an as-is condition. Information on items is obtained by us from the sellers and you hereby agree to hold harmless Steffes Auctioneers, IQBID.com and their Employees for any errors or omissions regarding the item(s) being sold. This information includes but is not limited to year, model, machine or engine hours, physical condition, options, features and other data pertinent to the value of the item. ALL ITEMS ARE SOLD AS-IS WHERE-IS unless specific factory or seller issued warranties are listed in the item description.

You acknowledge that you have the right and responsibility to inspect the item(s) personally, or to have a third party representative inspect the item(s) for you. That by bidding on an item you have agreed to accept that item in it's present condition at it's present location and with the description provided whether accurate or not.

Auction Close. Timed online auctions will begin to close on the date and time listed. Lots will remain open until no bids have been placed within the last four minutes. Timed online auctions normally close at a rate of one lot per minute. IQBID.com reserves the right to close multiple lots per minute at their discretion. Upon your accepted bid of an item, that item shall immediately become your responsibility and be at your risk (whether you have paid for that item or not). You agree that Steffes Auctioneers, IQBID.com, it's employees, and their sellers are not responsible for lost, stolen or damaged items and will not reimburse or discount items for any type of loss. Buyers are responsible for any costs incurred to prepare their item(s) for transport and/or shipping. This includes but is not necessarily limited to the cost of any rigging, disassembly, special loading requirements, transport, packaging, insurance and all other costs related to physical transfer of their item(s). You agree to remit payment and remove from the auction property any purchases within the stated time for the auction being conducted. You further understand and agree that failure to remove items in the stated time for the auction will subject you to moving and storage fees unless arrangements have been made with the seller.

When using our online auction services you are making firm commitments to purchase said item(s) and are entering into a legal and binding contract. Bids may not be cancelled or retracted for any reason. Non paying bidders or fraudulent bidding will subject you to legal recourse and possible criminal charges including any fraud and/or interstate commerce violations. You also acknowledge that the Internet may be an unreliable and error prone network. Steffes Auctioneers and IQBID.com will not guarantee that bids placed online will always be transmitted to or received by the auctioneer in a timely fashion. You agree to hold Steffes Auctioneers, IQBID.com and their employees harmless for any interruptions in online bidding. Further, the auctioneer has the sole discretion to accept or refuse any bid. Steffes Auctioneers and IQBID.com retains the right, at our sole discretion, to add, delete or change some or all of our online services and the terms and conditions governing their online auctions at any time without notice.