The payment is punitive and meant to deter no-shows. In the event that bidding rights are terminated due to no-show invoices, bidders MAY be reinstated at the discretion of K-BID only after a penalty fee of 20% of the unpaid invoice(s) and a reinstatement fee of $25.00 has been paid to K-BID and a scanned copy of your driver's license emailed to us. Items with a reserve will not be sold unless the reserve price has been met.Īt the close of the auction, active items will remain open until no bids have been received for three minutes.Īpplicable sales tax will be collected by the affiliate managing the auction. Sellers and their agents are prohibited from bidding on their own assets. Once a bid is placed it cannot be retracted. Failure to comply with removal terms may result in bidding privileges being disabled. You are responsible for inspecting items prior to purchase.īidders are responsible for knowing and complying with auction terms. When an auction ends, and the winning bidder invoice appears on the bidder’s dashboard, the bidder is obligated to honor their bid(s).Įvery auction item is sold “as is, where is” with no guarantees or warranties.

Bidders are strongly encouraged to inspect prior to placing bids. Inspection dates/times are available for every auction. Bidders are responsible for bids placed on their account. Bidders MUST NOT share their password or account information with anyone. K-BID’s knowledge about individual auctions and individual auction transactions is limited to the information appearing on the website.īy placing a bid on, bidders are verifying they are at least 18 years old and acknowledging they understand and will comply with both the website terms and the auction specific terms. Affiliates are not employees, agents, representatives or partners of K-BID Online, Inc.

K-BID’s role in the auctions listed on is limited to providing the venue for affiliate auctions.

serves as the venue used by independent auction companies (Affiliates) to present their online auctions to bidders. (K-BID) is responsible for maintaining the website. By placing a bid on this auction, you are agreeing to the auction specific terms listed on this page in additions to the K-BID user terms and agreements. This auction is contracted and managed by an independent affiliate.

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