BARBER VINTAGE FESTIVAL CLASSIC MOTORCYCLE AUCTION

SATURDAY, OCTOBER 9, 2010

Bidders Acknowledgement & Terms of the Auction Sale

1. All prospective bidders must register with a clerk at the auction to obtain a bidder number.  Bidding is by number only.  A $300 bidder deposit is required at the time of registration.  All bidder deposits will be automatically canceled if no purchases are made during the auction.  Please maintain possession of your bidder number at all times.  Please  note that if a bidder allows someone else to purchase an item with their bidder number and that person defaults, the registered bidder will be held liable for that purchase.  We will be open for bidder registration at the auction on Friday, October 8, 2010 and Saturday, October 9, 2010, from 9:00 a.m. until 6:00 p.m. or the completion of the auction.  

2.  If you plan on being an absentee bidder, please contact Bator International, Inc. at their Ojai, CA office at (805) 646-9566 before Tuesday, October , to pre-qualify and fill out the absentee bidder form.  Otherwise, you can contact the auction office beginning on Thursday, October 7th from 1:00 to 5:00 p.m., Friday, October 8th from 9:00 a.m. to 5:00 p.m. and Saturday, October 9th from 9:00 a.m. until the conclusion of the auction.  As soon as we know what the phone/fax number at the auction facility will be, it will be posted here.  Please note that if you have not been a telephone bidder with Bator International, Inc. before, a wire transfer deposit of $5,000 is required at least 24 hours before the start of the auction.  If no bids are won, absentee bidder deposits will be returned via wire transfer by Wednesday, October 13th, 2010.

3. All purchases must be paid in full by the end of the auction. All sales are final. All items are sold AS IS WHERE IS.

4. All items become the sole responsibility of the buyer (bidder) when the auctioneer announces "Sold".  Bator Auctions is not responsible for damage or theft to sold items once the successful bidder has been announced.

5. An 13% buyer’s fee with a 3% discount for cash, travelers checks, wire transfer, cashiers check  or personal or company check with prior approval will be charged for each vehicle purchased.  Please contact our office the week before the auction date to allow adequate time for the check approval process to be completed.

6. A $300 bidder deposit is required at time of registration prior to issuance of bidder number.  All bidder deposits are refundable within 45 minutes after turning in your bidder number if no purchases are made.

7. Buyer payments must be made with good funds which are defined as cash, bank wire transfers, cashiers checks, travelers checks, personal or company checks (backed by a current dated bank letter of guarantee) or Mastercard, Visa and Discover credit cards. Bank title drafts are not acceptable.

8. All purchases must be paid for by the end of the auction day and must be removed from the auction facility no later than noon on Sunday, October 10, 2010. Any items left in the facility after that time will be removed to a storage facility and owner will be charged for all fees incurred by Bator Auctions including but not limited to transportation and storage of said items.

9. Should you default upon any purchase(s) in any manner whatsoever (NSF, stop payment order, etc.), all bidder deposits left with Bator Auctions will be forfeited, and bidder agrees to pay Bator International, Inc. the full sum equal to the purchase price, buyers fee and any additional costs involved in any legal action, transportation, storage and resale of items not paid for. The sum due and payable without relief.

10. If the vehicle is sold on a "Bill of Sale Only", buyer accepts all responsibility and cost in obtaining a title and/or registration in their particular state or country.

11. Licensed motor vehicle dealers must supply state dealer’s license number upon cashing out.

12. The buyer agrees to pay all required taxes in their state of residence.