TERMS & CONDITIONS
(Updated December 22nd 2020)
What you need to know about BNABid.com
● BNABid.com 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, BNAbid 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,
BNAbid.com 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 BNAbid
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.
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.
CONDITION TYPES:
❖ 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
PAYMENT
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.
SALES TAX
All applicable sales tax will be collected on all sales. For tax exempt
customers, a valid reseller’s certificate must be submitted.
PICKUP
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.
INDEMNIFICATION
Bidder agree to indemnify and save harmless BNABid.com 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.
LIABILITY
BNABid.com liability shall be limited to the refund of bidder(s) purchase
