Government Surplus Auctions
Sponsors

For surplus auctions: Unless otherwise noted, a 8% buyer's final sale fee (8% of the winning bid) (Cities of Philadelphia and Boston have a 5% fee, not 8%) will be charged directly to the winning bidder upon the close of each auction.  For example, if the winning bid is $1,000, a buyer's final sale fee of 8% would be $80. This fee will be collected upon the close of the auction automatically via the credit card you entered prior to placing the bid.  YOU PAY THE SELLING AGENCY DIRECTLY FOR THE FULL COST OF THE ITEM.

If the government agency rejects your bid (they reserve the right to do so) your buyer's final sale fee will be returned in full to you within 5 days of notification to municibid of the rejected bid by the governing body.

FAIR WARNING: All sales are final.  This means you are legally obligated to pay for your item per the terms of the seller if you are the high bidder at the close of auction.  If you do not pay for your item, you will not receive a refund of your buyer's final sale fee, you will no longer be permitted to bid on municibid.com and we will consider pursuing electronic fraud charges with the United States District Attorney's office.

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Please Note: Bid increments automatically adjust based on the level of the current bid.  The increments are as follows:

If amount is greater than or equal to...    |   The bid increment will be....

$0.00 | $1.00

$100.00 | $10.00

$500.00 | $25.00

$1,000.00 | $50.00

$2,500.00 | $100.00

 

 

2/8/2012 11:23:47 PM  Contact  |   Terms & Conditions  |   Privacy Policy  |   About Us  |   Fees
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