Franklin Equipment

FRANKLIN EQUIPMENT AUCTION 

Selling late model, pre-owned equipment from our large inventory. All machines are low-hour. These are well-maintained machines that need to sell to make room for new. Preview/inspect equipment during normal business hours.

SHIPPING

See each item/lot for details as to its location at the time of the auction. Buyers are responsible for all shipping costs, arrangements, and risk. Items may be picked up between Monday-Friday 8:00am - 4:00pm. Pickup outside of these times must be pre-arranged. Docks and forklifts available for loading assistance. ***Items must be picked up from the location listed in item details, they will not be moved to another Franklin Equipment location.*** 

EQUIPMENT INSPECTION  

Equipment may be inspected prior to the auction during normal business hours. All stores are open Monday - Friday from
7:30 - 5:00. Item location is noted in the item details. Once you've placed a bid you have committed to buying that item. Bidding is not contingent on the inspection of equipment. 

AUCTION CLOSING

Automatic Auction Extension: Any bids placed after 1:55 PM will reset the countdown clock for the entire auction to 5 minutes. This will continue until there have been no bids for 5 minutes.

WARRANTY

All Auction Items Are Sold As-Is, Where-Is Unless Otherwise Noted in the Item Description. Please look closely at pictures or ask questions if you are concerned about the condition or what is included with a piece.

PAYMENT

A credit card is required to bid, but your credit card will not be charged. All purchases must be paid for within 7 days of auction closing via ACH, wire transfer, bank check, cash (exact change) or credit card. Personal/Business checks are accepted with consent from Franklin Equipment and proper ID. A fee of $50 will apply to all returned (NSF) payments. Credit Card Payments over $10,000 will be charged an additional 2% Convenience Fee. Franklin Equipment reserves the right to charge your credit card on file up to the full amount of the auction purchase price plus associated fees if payment has not been received within 7 days of invoice. 

FINANCING 

We do not offer any in-house financing at this time. There are several third-party financing companies that will finance auction equipment and even pre-approve bidders prior to an auction. 

AUCTION BUYER'S PREMIUM

A buyer's convenience fee will apply to all auction purchases as follows. Items purchased for less than $3,000 will be charged 8.50% of the selling price, while items purchased for $3,000 or more will be charged 2.25% of the selling price.

AUCTION TERMS & CONDITIONS

By acceptance of a bidding number, bidding, or buying at this auction bidders agree to the terms and conditions as outlined below. Bidders will be solely responsible for any and all actions taken with their bidding number/account including all purchase amounts, freight, and any costs associated with collecting the same. Anyone is eligible to participate in the auction but the seller and/or auction company reserves the right to reject any and all bids unless otherwise stated. On lots selling with a reserve the seller and/or auction company has the right to bid on behalf of the seller at an amount not to exceed the reserve price. Reserve prices need not be stated prior to or during the auction. Seller reserves the right, with notification to the buyer, to nullify sales of items not paid for in full within 7 days of purchase/auction date or items not picked up within 45 days of auction closing. Applicable sales tax will be collected from residents of OH, IN, WI, KY, TN, AL, SC, GA.