2019 Freightliner Business Class M2 112

Auction Terms & Conditions

ONLINE AUCTION TERMS AND CONDITIONS

Vehicle is located at 855 South Loop 12, Irving, TX 75060.

Inspection can be made by appointment. Please contact Dustin at 972-445-1475.

Online Auction: This auction is being conducted as a timed ONLINE Auction. The auction will begin on Thursday June 16, 2022 and end on Thursday June 23, 2022 @ 1:00 PM. You can participate in the bidding from a computer or mobile device by logging on and registering at www.assetiqfinancial.com. A valid credit card must be used to register to bid.

Payment. IF reserve has not been met the highest bidder will be notified by email upon the conclusion of the auction that their bid is being submitted to the seller for acceptance. A final decision will occur no later than 4:00 PM on the day the auction ends on Thursday June 23, 2022. Payment will ONLY be accepted in the form of cashier's check (must be overnighted to Cincinnati office), credit card (with additional 3% fee), or wire transfer. To make wire transfer arrangements please contact Cindy Chambers at 513.724.1133. Payment must be made in full no later than 4 PM on Tuesday June 28, 2022. Any unpaid balances are subject to collection.

Buyer Premium. A fifteen percent buyer premium will be added to the high bid amount to determine the full purchase amount to be paid by the purchaser. Therefore, the full purchase price to be paid by the Buyer is the sum of the final bid price as acknowledged and accepted by the software/program, plus the Buyer Premium of fifteen percent of the final bid price. Example: High bid amount of $10,000 plus $1,500 (fifteen percent buyer premium) equals final purchase price of $11,500.

Removal, and Storage. Removal will vary depending upon the method of payment as follows: " Payment by Wire Transfer: Unit may be removed upon confirmation from our bank that the transfer was completed. Normally 12 to 24 hours. " Payment by Cashier's Check: Unit may be removed immediately upon receipt of cashier's check in our Cincinnati office. Removal may ONLY be conducted by appointment between the hours of 9 AM & 4 PM Monday thru Friday. The vehicle MUST be removed by 4 PM on Thursday July 14, 2022. If the vehicle is not removed by this time, storage charges in the amount of $50 per day will be charged at Buyer's expense which must be paid before the vehicle is removed from the premises. Buyer hereby grants Asset IQ LLC an irrevocable power of attorney to remove and/or store purchased vehicle at Buyer's expense. The vehicle shall not be released until Asset IQ LLC has received payment in full in good, cleared funds.

Title. The vehicle is selling free and clear of any liens. A clean title will be mailed to the Buyer within 30 days of the auction conclusion. A Bill of Sale will be issued via overnight mail upon receipt of payment in full. The Buyer may obtain Temporary Tags in Texas by presenting the Bill of Sale to the BMV. Titles shall be sent to Purchaser by Certified Mail, Return Receipt.

Licensing fees. In addition, the Buyer shall be responsible for any and all licensing fees required by their state at the time of title transfer.

Insurance. Insurance of all vehicles purchased shall be the Buyer's responsibility. Buyer is advised to place insurance on all purchases prior to removal.

"AS-IS" - no warranties. The vehicle is being sold "AS-IS, WHERE-IS, WITH ALL FAULTS, and as the bidders believe them to be". Bidders are responsible to inspect the vehicle prior to bidding and satisfy themselves as to the condition of the vehicle and all other matters relating to the vehicle, including without limitation, year, make, model, options, engine, drive, condition, value, quality, authenticity, and auction description.