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Short Notice Auction!
Surplus Machine Tools, Warehousing Equipment, and More
(STAN0408)


Standard Motor Products
Sale#: [STAN0408]

Surplus Machine Tools, Warehousing Equipment, and More
 
Sale Details Links Documents (PDF)

Sale Type
Online

Date & Time
Starts: Wednesday April 30th, 2008 @ 9:00am (EST)

Closing Begins: Thursday May 1st, 2008 @ 1:00pm (EST)

Sale Location
Online

Equipment Location(s)
Long Island City, NY USA

Buyers Premium
18% for Online buyers paying via Credit Card discounted to 15% paying via Cash, Certified Check, Company Check or Wire transfer



Absentee (Proxy) Bidder Form

Featured Items

  • Qty (3) Bridgeport Series I
  • Vertical Milling Machines
  • Moore Model B18 Jig Borer
  • Porter-Cable Type BG8 Belt Sander
  • Carolina 50 Ton Hydraulic Press
  • 1984 Grob Inc. Band Saw 4v-36
  • Reid 618H Surface Grinder
  • Boyar-Schultz HR612 Challenger Surface Grinder
  • AB Arboga Maskiner Radial Arm Drill Press
  • 2001 Omega Radial Arm Saw
  • Multipress Model W4R87M
  • Miller Syncrowave 250 Welde
  • Approximately 20 Stanley Vidmar tool Cabinets
  • Several Yale and CM Valuestar Overhead Electric Hoists (2 ton)
  • Magic Pole Universal Portable Gantry with (2) 1 Ton Hoists
  • Large Qty of Assorted Pallet racking and Industrial Shelving
  • Toledo 10,000 lb Floor Scale
  • Lantech Q Series Pallet Wrapper
  • Over 20 New Electric Motors (1/2 hp to 5 hp)
  • Quality Control Lab with various Hardness Testers, Height Guages, etc.

Sale Details

Online bidding begins Wednesday April 30, 2008 at 9:00am (EST) and continues until items begin to close Thursday May 1, 2008 at 1:00pm (EST).

Items end at different times throughout the day. For the actual closing time, see individual item during the auction.

Absentee (Proxy) Bids & Accounting Contact: Beth Angeletti, 203-488-7020 ext 418
Equipment & Preview Contact: Please call Rick Daniels at (203) 483-2217.

Equipment Location and Removal Details

Long Island City, NY
Lot #s: 1-193
Address: 37-18 Northern Boulevard, Long Island City, NY 11101
Sales Tax:

8.375%  NY Sales tax
We will charge Sales tax until we are supplied
with a resale certificate Sales Tax Certificates or supply us
with a bill of lading and we can refund your sales tax.

Inspection/ Preview: Tuesday, April 29th 10:00 am to 4:00 pm
Removal:

Deadline for Removal is May 9, 2008.  Please contact
Chris Wendt cwendt@smpcorp.com or +1 718-316-4651

  *Shipping Only: TBD 
  *Rigging/Shipping: Pedowitz Machinery Movers: Brooklyn, NY
Contact:  Brian Beck
Phone: 718-932-1862
Email: btb@pedowitz.com

 

Sale-Specific Terms Summary

Payment Deadline: Within one business day after invoice date.
Currency: US Dollars.
Language: English.
Registration Requirements: Open to the public. Free to bid onsite or via proxy form. All bidders must provide their name, company (if applicable), mailing address and phone number prior to the auction. When applicable, Electronic bidders are required to provide a valid email address and Visa, American Express or Mastercard number. At its discretion, TBG may charge a registration fee for Electronic bidding. This fee will be clearly displayed during the registration process.
Deposit:

TBG reserves the right to qualify and request a deposit upon registration and prior to bidding of not less than twenty five percent (25%) of the On-site Buyer's intended TOTAL PURCHASE PRICE with the balance due by the end of the next business day.  This can be in the form of cash, a cashiers check, or business check with a bank letter of guarantee. 
For Electronic Buyers, at its discretion, TBG may contact bidders via email or telephone before or during the sale to provide a bank letter of guarantee or wire transfer as a deposit. If TBG does not receive a response from its attempts to contact Buyer or if the Buyer does not provide a deposit, TBG reserves the right to refuse or cancel Buyer's bids and re-sell Goods.  Payment in full of the Buyer’s TOTAL PURCHASE PRICE less any deposit provided is expected within 24 hours of receipt of the invoice.

Buyer's Premium: 18% for Online buyers paying via Credit Card discounted to 15% paying via Cash, Certified Check, Company Check or Wire transfer
Sales Tax: See each location for specific percentage. All applicable state sales taxes apply. It is the responsibility of the Buyer to provide documentation necessary for exemption or refund of sales tax paid.
Invoices & Payment Instructions: Winning bidders can request a printed paper invoice from the Accounting Manager at the sale location during or after the sale. Electronic bidders will be sent an electronic invoice (usually by the morning after the completion of the sale) to the email address provided during registration. Invoices can be faxed upon request. Detailed payment instructions for each sale are available in the printed lot catalog at the sale location on the day of the sale. Electronic bidders will be sent detailed payment instructions via email along with their invoice.
Payment Conditions: All payments must be in Cash (at the sale location, when available), Cashier's or Certified Check, Federal Wire Transfer of immediately available funds or a Corporate Check accompanied with a bank letter of guarantee. CREDIT CARDS ARE NOT ACCEPTED AS PAYMENT TOWARDS INVOICES. Credit cards are accepted only for Electronic bidding registration and for Liquidated Damages in the event of a default. Without limiting TBG's discretion, no corporate checks without a bank guarantee and no personal checks will be accepted. No title shall pass to Buyer until the total purchase price and all Taxes have been paid to TBG in collected funds.
Removal, Shipping & Logistics: The buyer (or a third party Authorized Agent contracted by the buyer) is responsible for removal of equipment by the posted Removal Date.

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