Surplus / Repo Assets Auction
Year End Clean-Up Auction
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We have several Lending Institutions that need to dispose of assets before year end and a shop that is making operational changes. Not a big auction but some good and unique assets.
All items sold “AS-IS / WHERE-IS” with no warranties expressed or implied. All items must be paid for the day of the auction in US Funds (Cash or Company Check, with letter of introduction from issuing bank, if unknown to Auction Company). A 5% Buyers Commission will be charged on all assets sold at this auction with a maximum $ 500.00 Buyers Commission per Item.
Auctioneer reserves the right to maintain possession of any asset sold at this auction for a period not to exceed 7 days after the conclusion of the auction. Any person buying a titled vehicle and wanting to take it with them the day of the auction shall pay for the vehicle in CASH.
These are abbreviated Terms & Conditions .. Complete Terms and Conditions are available at the Auction Location Office.
Auction is at our “Lone Pine” Auction lot in Newport, Arkansas. Physical address is 2600 Airbase Road, Newport, Arkansas 72112. From Highway 67, take Exit 85 and go West 3/8 mile to Auction location on the South side of Highway. Watch for Signs and Banners.