TMI Live will accept your proxy bid on individual pieces of equipment up to one hour prior to the live auction. You will be notified by email if another bidder submits a higher proxy bid. Only the highest proxy bid will compete in the live auction. If you do not have the highest proxy bid but want to continue to bid on the pieces of equipment, then you must participate during the live auction for such equipment using your TMI Live account.
A 10% Buyer’s Premium will be charged on each unit. An additional 2.5% Internet Purchase Fee will be charged on all online purchases. Any online purchase over $40,000.00 will be charged a flat internet fee of $1,000.00/unit plus the 10% Buyer’s Premium.
Complete payment due the day of sale by cash ($5,000 deposit required), certified or cashier’s check. Cash deposit of $1,000 required if only registering at the auction for a shop and office catalog. Personal or company checks will be accepted if accompanied by a letter of guarantee from your bank. This letter of guarantee must include the following: “(Your bank) will guarantee or honor your check up to a specified amount for purchases made at this auction.” A ten percent (10.0%) buyer’s premium will be charged to the buyer for all purchases at these auctions. Titles will be mailed