PLEASE NOTE: AUCTION ENDS ON 7/10/20 @ 5:00 pm cst
AUCTION RULES
****Before you can place a bid you must submit a $500 deposit by credit card to access the bid page. If you win the auction, the $500 will be deducted from your auction total. If you do not have a winning bid, your deposit will be refunded to your card within 48 hours after the end of the auction.
****No false bidding, if you place erratic bids, your deposit will not be refunded.
****Any and all inspections must be completed before the end of the auction.
**** All bids are in $1,000.00 increments
**** All cars are sold "As Is Where Is"
**** Bidding opens 6/29/20 AM (cst) and closes at September 11th @ 7PM (cst). If you are the winning bidder, after the end of the auction you will be sent a sales contract for the entire lot of cars ( all documents will be signed via Docusign for review and digital signature). Payment will be due within 5 business days from the end of the auction. Payment will be made via wire transfer ( wire instructions will be included in the sales contract). After payment has been made, a bill of sale will then be posted via Docusign for digital signature, after the bill of sale has been signed ,full ownership and responsibility for the cars will be transferred to the Buyer.
****The Buyer will be responsible for having all cars restinciled under new reporting marks and have new AEI tags installed on all cars.
4300 csf- 5701 csf Capacity Hopper Car AUCTION (1 lot of 108 cars), cars are in UMLER and serviceable with sufficient operating life (see spreadsheet in listing docs). Leases are included in sale, cars are in service and inspection opportunities may be limited.
