Terms & Conditions

 

All successful Bidders agree to make full payment to PPL Auction at the conclusion of the sale. Only Bank Wire Transfer, Bank Check or Cashier’s Check payable to PPL Auction will be accepted. Firm and personal checks accepted only if accompanied by a letter from
your bank guaranteeing your funds.


If you are using a wire transfer your bank may wire the funds the day after the sale. All sales are subject to sales and/or local taxes unless a signed exemption form is presented at the time of the purchase. Payment will be made in US dollars only.

 


Frequently Asked Questions

 

Bid Online

A 15%-18% Buyer’s Premium will be added to the final bid price. All bids are in US dollars. An additional fee (often 3%) will be added to online bids. Your bid is a contract: Place a bid only if you’re serious about buying the item. If you are the high bidder, you will enter into a legally binding contract with PPL Auction.

 

Item Removal

No equipment may be removed while the auction is in progress. Buyers can pay for their purchases at any time during the sale.

 

Payment

What types of payment do you accept?
We accept cash, wire transfers, company check with a bank letter of guarantee, and cashier’s check. We do not accept credit cards.

 

When is payment due?
Payment is due immediately after the auction or within 24 hours of the conclusion of the sale. You cannot remove any items until we have received payment in full.

 

How do I set up a wire transfer?
If you would like to set up a wire transfer, please call our office at (224) 927-5300 to receive the proper bank information.

 

Will I be charged Sales Tax?
Sales tax is always applied to purchases made at auctions. You may present us with a copy of “Tax Exempt” forms so as to not be charged sales tax.

 

Removals & Rigging

RIGGING AND REMOVAL is the responsibility of the BUYER. Small, carryout items, should be removed immediately after the auction or the day after the auction.

 

Anyone, either a buyer or rigger, who uses a powered vehicle to remove anything from the auction site will need a certificate of insurance. All removal activity must be in accordance with OSHA guidelines and safety standards. Removal may begin when the auction has been completed and FULL PAYMENT has been made.

 

See the specific auction page for all other auction details and requirements.

 

Issuance of Title

Titles relative to titled assets purchased will be mailed to the purchaser’s address on file after payment is received and cleared.