Farm Equipment Auction Buying Info

Terms - J&J Auctioneers

Onsite Registration Requirements

  • Valid Driver’s License, Passport or Government ID
  • Bank Letter of Guarantee if paying by check
  • Tax Exemption For Dealers/Resale
    • New Mexico Bidders will need to bring a completed NTTC.  J&J Auctioneers LLC CRS id is 03-049927-005
    • Out of State Dealers will need to complete the UNIFORM SALES & USE TAX EXEMPTION/RESALE CERTIFICATE — MULTIJURISDICTION.
  • Used Vehicle Dealers License for Dealers

Online Registration Requirements

   

Bidding Process

  • After completing the registration process, you are now ready to participate in the auction.
  • All property is sold “As Is Where Is” Condition: All information was obtained from sources assumed to be correct but is not guaranteed by J&J Auctioneers LLC.
  • In case of a tie bid, the auctioneer reserves the right to reopen the bid between those two bidders. The auctioneer reserves the right to revoke any bid card at any time. Anyone bidding for an account other than their own must obtain a separate bid number for that account.

AUCTIONEER NOTE for Online Only Auctions: Items will start closing at the stated time in the Mountain time zone, a lot closing every 20 to 60 seconds, with additional time extension when bids are made in the last 60 seconds of close. Link lots will extend until all lots have been inactive based on the time extension of a single lot.

RISK OF LOSS:

Once auctioneer accepts the highest bid, any item is then sold. Buyer then takes delivery and assumes all risk of loss for the item and buyer agrees to obtain full liability insurance coverage for the item as may be required by law.

Payment

Onsite Bidders:

  • Complete payment is required on the auction day for invoices under 10,000.00 in guaranteed funds: traveler's checks, money orders and/or bank certified checks. Credit card payments will be accepted by Visa, Master Card, American Express & Discover. A 4% Administrative Fee will be charged. Personal and Company checks under 10,000 or accompanied by a bank letter of guarantee will be accepted on auction day. 
  • For invoices over 10,000.00, a 10% deposit is required on sale day with the remaining balance due within 2 business days of the sale, in guaranteed funds: wire transfer, traveler's checks, money orders, and/or bank-certified checks.

Internet Bidders:

  • Complete Payment is required within 2 business days of the sale, in guaranteed funds: wire transfer, traveler's checks, money orders, and/or bank-certified checks. Credit card payments will be accepted by Visa, Master Card, American Express & Discover. 
  • We gladly accept cash, checks, money orders or wire transfers (Call 575-485-2508 for Domestic Wiring Instructions or International Wiring Instructions).  If you are planning on a payment type other than the Credit Card on File please respond to your invoice notification with payment plans.   If you have not made other arrangements in writing all outstanding charges will be billed to the card used for registration.
  • We Accept Visa, Master Card and American Express. A 4% Administrative Fee will charged. 
  • Any items not paid for within 3 business days may be charged to the card provided at the time of registration regardless of removal status.

ADMINISTRATIVE FEE TERMS:

All purchases are subject to a per-lot administrative fee of 10% on the 1st 5,000 & 2.5% on the remaining balance. (The Administrative Fee is Taxable in NM). Sales tax will be collected on non-titled items per state regulations; the tax rate is determined by the physical location of the item(s).

SALES TAX:

All Sales will be subject to State and Local Sales Tax Laws.

TITLES:

Titles are not available on sale day and will be mailed to the purchaser approximately 10 business days after a satisfactory settlement. No titles will be available if vehicles are marked “No Title”.

Check Out Procedures

  • All accounts under 10,000 must be settled on the day of the auction if present at the auction site. Upon payment of your purchase, you will receive a gate pass stamped paid. The person removing the equipment must surrender the clerking ticket at the gate. See Shipping / Pickup under auction details for the auction-specific removal instructions.
  • No items can be removed from the sale until full payment has been received.
  • If for any reason the Buyer fails to remove any lot within the time specified, the lots shall be deemed abandoned, and the Auctioneers, at their sole discretion may resell, remove and Store the Said lot at the Buyer's sole risk and expense, in addition, the buyer shall be liable for any rent incurred or damages suffered by the Auctioneers because the buyer failed to remove any lot.
  • Lots left after the time specified will be subject to a 25.00 a day per lot storage fee. Starting on the Friday after the auction.
LOADING:

All equipment must be removed the Friday after the sale for onsite auctions and Tuesday after the auction for offsite consignments auctions. J&J Auctioneers LLC or employees are not responsible for loading or unloading equipment but will assist you with your equipment. We are not responsible for securing loads

Click here for a list of freight companies.

Disclosures: Announcements on the day of the sale take precedence over all printed matter and advertising.

Notice to Attendees:

Persons attending are notified that an Auction Site is a potentially dangerous place. Flammable, corrosive and pressurized substances are present, heavy equipment is being operated and electric circuits may be live. Every person at the Auction Site before, during and after the auction sale shall be deemed to be there at his or her own risk with notice of the condition of the premises, the activities on the premises and the conduct of third parties and any registered bidder shall so advise his agents and employees. No persons shall have any claim against the Auctioneers, their agents, employees or principals for any injuries sustained, nor for damages to or loss of property which may occur from any cause whatsoever

Please see the terms in the auction detail tab for the complete set of terms.