Details
Powell Farms Consignment Auction
Campbellsburg, KY
August 16th & 17th 2024 @ 8:00 AM
Online Buyer's Premium: 5%
Live Buyer's Premium: 3%
Commission Rates:
Commission Rate: 10%
Minimum per item: $20.00
Maximum per item: $500.00
No Sale Fee per item: $20.00
No Online Buy Backs!
Terms: All items sell as-is where-is with no warranties or guarantees by Powell Farms Inc. or it's employees. Pictures & descriptions are for use as a guide only. Buyer is responsible for inspection of equipment to determine quality and value prior to bidding. All sales are final and binding.
Kentucky sales tax of 6% will apply to all items. Dealers will need to send a copy of the resale certificate to have sales tax removed prior to payment. Farmers will need to execute a KENTUCKY agriculture exemption number to have sales tax removed prior to payment. All out of state buyers must have a KENTUCKY agriculture exemption number to be tax exempt, effective January 1st 2023.
Not all items are exempt! Examples: Lawn & Garden, Equipment 5' wide and under. Please contact with any specific questions.
Receiving & Load Out: Receiving equipment until August 9th. No vehicles or tires. Load out August 18th - August 31st, Monday-Saturday 8am-5pm. Buyer is responsible for all shipping logistics and costs.
Items not picked up after 30 days after the auction, will incur a daily storage fee.
Items not picked up 60 days after the auction will be considered abandoned and will be disposed of.
Contact:
Office (502) 465-0041 or powell.auctions@gmail.com
David Powell (502) 558-9491
Larry Ryan (502) 648-5177
1/4 Mile North of I 71 Exit 34 @ Corner of US 421 and Carmon Road Campbellsburg, KY
Location
Terms
Terms & Conditions:
Online Buyer's Premium 5% With No Cap
Kentucky Sales Tax is 6%
*Some items subject to prior sale*
Commission Rates: 10%
Minimum per item: $20.00
Maximum per item: $500.00
No Sale Fee Per Item: $20.00
No Online Buy Backs!
All items sell as-is where-is with no warranties or guarantees by Powell Farms Inc., or it's employees. Pictures & descriptions are for use as a guide only. Buyer is responsible for inspection of equipment to determine quality and value prior to bidding. All sales are final and binding.
Please make prior arrangements if equipment will not be picked up by the following Saturday
Items not picked up after 30 days after the auction, will incur a daily storage fee.
Items not picked up 60 days after the auction will be considered abandoned and will be disposed of!
Payment: Cash, Check(if previously known to auction company), Cashiers Check, Wire Transfer. Owners, clerks, auctioneers, or their helpers are not responsible for accident or theft. Statements made on auction day by auctioneers and owners take precedence over any and all printed matter. The information given is believed to be true and correct to the best of the owner’s knowledge. There are no guarantees expressed or implied. All sales will be final when awarded to the high bidder.
Kentucky sales tax of 6% will apply to all items. Dealers will need to send a copy of the resale certificate to have sales tax removed prior to payment. Farmers will need to execute a KENTUCKY agriculture exemption number to have sales tax removed prior to payment. All out of state buyers must have a KENTUCKY agriculture exemption number to be tax exempt, effective January 1st 2023. Please contact us with any specific questions. Example items that do not qualify for farm exemption include
- Lawn/Garden
- Bumper Hitch Trailers
- Equipment 5ft Wide and Under
Payment Instructions: Payment due by Tuesday after sale, Contact us for Wire Instructions
*MUST HAVE PAID RECIEPT BEFORE LOADING OUT EQUIPMENT*
Contact Info
- OFFICE - (502) 558-9491
- EMAIL – powell.auctions@gmail.com
ADDRESS
Powell Farms Consignment Auction95 Carmon Creek Rd.Campbellsburg, KY 40011
*DO NOT FOLLOW GPS FOR DIRECTIONS! *
We are located ¼ mile North of I-71 Exit 34, at the corner of Carmon Rd. and 421
Using Level Online Auction Services:
By using our services, it is assumed that you have read the guidelines provided here and are expected to follow them.
Auction Overview and General Disclaimer:
All new bidder registrations will need to register a credit card as a form of identification. Your card will be charged $25 to verify and immediately refunded.
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Fees:
A 5% Buyer’s Premium per item sold online will be applied to all purchases.
- Purchase Price: $5,000.00
- 5% BP: + $250.00
- Purchase Price PLUS Premium: $5,250.00
Sales Tax:
Sales tax will be applicable per the laws of the state an item is sold in. More information is included in the description of each item in this auction.
Equipment Inspection:
The auction location is listed on each auction item. Please contact the particular company selling the asset to arrange for a time to inspect items.
Auction General:
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Buyer Conduct:
In addition to those other obligations set forth herein, Buyer acknowledges and agrees that by placing a bid on an asset, Buyer represents, warrants and covenants (1) that it shall not misrepresent its ability to close the transaction pursuant to the terms and conditions of sale, and in accordance with these Terms and Conditions, (2) that it has the capacity to close the transaction, (3) that it has actual authority to enter a bid, and to enter into an agreement to purchase the asset, and (4) that any bid that is made on an item constitutes an irrevocable offer to buy the item for the full amount of the bid.
Bidders shall examine or inspect items prior to the end of the auction. Inspection days are in place for every auction, contact us for special requests.
ALL ITEMS ARE SOLD AS IS, WHERE IS AND WITH ALL FAULTS.
Level makes every attempt to collect and disclose as much information for each item as possible. All information deemed reliable but not guaranteed.
Assets are intended to be sold without software, if any is applicable. In the event that a Seller's software is included in an asset sale, notwithstanding the disclaimers set forth above, Level makes no representations or warranties regarding the Buyer's right to use such software, as to the performance of the software, its non-infringement or otherwise.
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Auctions may be run with reserve prices. The reserve price is the lowest price the seller is willing to accept for the item. The reserve price is not disclosed to bidders. This feature enables the seller to list their items at a lower starting price without being obligated to sell the item until bidding reaches their reserve level. This is usually done to encourage bidding on an item.
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Buyer Conduct:
In addition to those other obligations set forth herein, Buyer acknowledges and agrees that by placing a bid on an asset, Buyer represents, warrants, and covenants...
(a) that it shall not misrepresent its ability to close the transaction pursuant to the terms and conditions of sale, and in accordance with these Terms and Conditions,
(b) that it has the capacity to close the transaction,
(c) that it has actual authority to enter a bid, and to enter into an agreement to purchase the asset, and
(d) that any bid that it makes on an item constitutes an irrevocable offer to buy the item for the full amount of the bid. Level may, in its discretion, offer the assets for sale by the piece or by the lot. In addition, Level may augment this auction with assets from various sellers. These assets may be interspersed throughout the auction. The seller has the right to remove assets from the auction either before or after bidding has completed. In the event of a removal after bidding has been completed, the purchaser's sole remedy shall be the refund of any purchase price actually paid. Level will announce any additions to or deletions from the catalog on the day of the auction. Level and the seller assume no responsibility for and make no representations or warranties concerning, descriptions of assets contained in marketing materials for the auction. It is the bidder’s obligation to verify such descriptions prior to the auction. Neither Level nor seller shall be liable for any damages of any type or nature (whether in contract, tort, or otherwise) sustained or claimed by any bidder or any other person or entity in connection with the auction. Without limiting the foregoing, in no event shall Level liability to any bidder for any act or omission occurring in connection with the auction exceed the amount that such bidder has actually paid to Level as a deposit or as payment for a purchased item.