TERMS & CONDITIONS
(Updated May 27, 2021)
What you need to know about Dollar.Bid
Dollar.Bid is an online liquidation mix of unclaimed goods, misguided and/or damaged freight, overstock, shelf-pulls and customer returns.
The condition of each item will differ. Bidders assume responsibility to be aware of each item’s described condition prior to placing a bid.
A BUYER’S PREMIUM OF 12% WILL BE CHARGED TO ALL SALES
All Sales are Final - Items are sold AS-IS with no warranty (unless included in description) and no refunds will be made. In the event an incorrect item is listed, Dollar.Bid will offer a replacement of the correct item or issue a refund. Under no circumstance will a refund be given after 2 weeks from the auction’s closing date.
A Valid credit card and email must be on file for all bidders. Invalid credit card and or email may result in suspension of bidding privileges.
Items must be picked up within 1 week of winning bid, otherwise item(s) are subject to resale without refund. Additionally, Dollar.Bid will no longer send out pickup notifications to bidders that have not picked up their items within the 1 week holding period
Payment for all winning items is due upon the closing of each auction. Upon closing of an auction, all winning bids plus applicable premiums and taxes shall be charged to the card on file.
In the event an invoice is not paid, bidder acknowledges that Dollar.Bid will resubmit payment request to credit card on file until payment is made. If invoice remains unpaid after multiple attempts, an email notification to bidder will be made and bidder shall have 24 hours from receipt of notification to submit payment or risk forfeiting item to backup bidder and/or suspension of bidding privileges.
Items are sold AS IS (no guarantee). See Warranty & Condition below for additional details.
To eliminate “bid sniping”, if a bid is placed on an item within the final minute of bidding, the closing time on this lot will extend an additional 30 seconds. This allows all bidders a fair chance to bid their maximum amount.
Bidders can place a proxy bid on any lot, which is a MAXIMUM bid on a particular lot. Bids will only increase in the lowest increment possible to keep the bidder's bid as the winning, until max bid is exceede
Example: Bidder is first bidder on an item. Places proxy bid for $10, but bidder will be winning item at $1. When another bidder bids $2, the proxy bid will automatically bid $3. This will continue until the max bid is exceeded by another bidder.
WARRANTY & CONDITION
Items sold “AS IS, WHERE IS” - are sold with NO WARRANTY expressed or implied. Items are quickly inspected, but NOT tested, unless otherwise noted. All descriptions are general opinions of the item. All items will have a listed Condition. This condition is a “best estimate” of the current condition of the item, as determined by our staff.
NEW - Item is brand new with manufacturer packaging. Quality is excellent.
BOX DAMAGE - typically new, unused item that the original packaging is either damaged or missing. Quality will range from excellent to poor.
OPEN BOX - Items returned to original vendor and have been opened, and may or may not have original packaging. Quality will range from excellent to poor.
SALVAGE - Items with obvious material damage or wear and tear. Quality will range from fair to poor.
UN-INSPECTED - Items that have not been inspected. Quality is unknown.
USED - Item has been previously used
Accepted forms of payment shall be credit card and/or debit card. At the end of each auction, all winning bidders will be charged to the form of payment on file. A 12% Buyer’s Premium will be added to each purchase. No on-site payments will be accepted.
All applicable sales tax will be collected on all sales. For tax exempt customers, a valid reseller’s certificate must be submitted.
Merchandise is required to be picked up within 1 week of the winning bid. Bidders must bring a copy of receipt or user ID, along with a valid photo ID for pickup. In the event an item is not picked up within the 1 week holding period, all items not claimed shall be subject to resale. Bidders will not receive a refund on any unclaimed items.
BID CANCELLATION OR RETRACTION
In the event of a bidding error, the bidder must use the Contact Seller tab on the item page to notify of the error. The bidder must include the Event Description ex. A0015, Lot Number, Item Description and the amount of bid. All bids are considered final and will only be cancelled at our discretion.
Bidder agree to indemnify and save harmless Dollar.Bid and their employees, licensees, agents, successors or assigns, against any and all claims, injury, loss, liabilities, lawsuits, damages, demands, action or cause of action whatsoever in any manner arising from this auction. Any controversy or claim arising out of or relating to this contract and/or agreement, or breach thereof, shall be settled by arbitration in accordance with the Commercial Arbitration Rules of the American Arbitration Association, and judgments upon the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof. Venue will be Rutherford County, Tennessee.
Dollar.Bid liability shall be limited to the refund of bidder(s) purchase price only.