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JM Bidworks LLC – Auction Terms & Conditions

Buyer’s Premium

• A 18% Buyer’s Premium applies to all purchases.
• Specific lots may have a handling fee, those will be noted on the individual lot.

Payment Policy

• Invoices must be paid in full within 2 business days of auction close.
  • Failure to pay will result in forfeiture of items and account suspension, regardless of pickup/delivery arrangements.
• Non-cash payments (credit/debit) incur a 4% processing fee.
  • This fee will be removed if payment is made by cash, cashier’s check, wire transfer (+$20), or Venmo.
• Invoices under $2,000 may be automatically charged to the card on file unless JM Bidworks is notified before auction close of alternate payment.
• Invoices over $2,000 cannot be paid by card. They must be paid with cash, cashier’s check, Venmo, or wire transfer (+$20 fee).
• Declined cards will result in an additional 4% fee charged by the processor. Buyers are responsible for ensuring valid payment details are on file.

Tax Policy

• Sales tax (8.25%) applies unless a valid exemption form is submitted before the auction ends.
• Tax forms will not be accepted at load-out.
• If tax is refunded after payment due to late form submission, a 3.99% processing fee applies, and the original card fee is non-refundable.

Pickup & Removal

• All items must be removed during scheduled pickup times.
  • If pickup is not scheduled, items may be forfeited even if paid.
• Alternate pickup times must be arranged before the last scheduled removal day. Fees apply:
  • $50 for same-day outside posted hours
  • $150 for weekday alternate pickups
  • $250 for weekend alternate pickups
• Items left beyond 20 days after a missed alternate pickup will be forfeited and resold in the next auction. No refunds.
• Buyers must bring proper vehicles and equipment for removal. JM Bidworks may assist with forklifts/load-out as a courtesy, but we are not responsible for damage to property, vehicles, or persons.

Bidding & Auction Process

• This is an online-only auction. By bidding, you agree to all terms and are legally bound to complete your purchase.
• Soft/Dynamic Closing: If a bid is placed within the last 5 minutes, bidding will extend until no new bids are placed for 5 consecutive minutes.
• To avoid internet or timing issues, we recommend placing maximum bids. JM Bidworks is not responsible for missed bids due to connectivity, lag, or failure to refresh.

Inspection

• Items are sold AS-IS, WHERE-IS with no warranty or guarantee.
• Scheduled inspection times are offered prior to auction close. Buyers are strongly encouraged to inspect in person.
• Failure to inspect forfeits any claims regarding condition or completeness.

Refund Policy

• All sales are final.
• Refunds are considered only if an item is materially different than described and the issue could not have been discovered during the designated inspection period.
• Refunds are processed as quickly as possible but may take 4–12 business days to return to your account.

Liability

• Once items are paid for and removed, they become the responsibility of the buyer.
• JM Bidworks’ liability is limited solely to refunding the final bid price in approved refund situations.

Golf Cart and other Electric Vehicle Disclaimer:
Some golf carts and other Electric Vehicles sold through this auction may not have a VIN, title, registration, or other documentation. All such units are sold as-is, where-is, with no warranty or representation by the auction company as to VIN availability, title status, registration eligibility, legality of use, insurability, or compliance with any applicable law or private community requirement. The auction company is acting solely as agent for the seller/consignor and is not liable for any buyer’s failure to determine whether a purchased unit can be titled, registered, insured, inspected, or used for the buyer’s intended purpose. All due diligence is the sole responsibility of the bidder prior to bidding. By bidding, the bidder accepts all risks associated with the absence of a VIN or related documentation, and no refunds, returns, chargebacks, or adjustments will be allowed for these reasons.