Terms & Conditions

TERMS & CONDITIONS

(Updated June 17th 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 must be picked up within 1 week of winning bid, otherwise item(s) are subject to resale without refund.

 

  • Payment for all winning items is due upon the closing of each auction.  A credit card for each bidder shall be held on file.  Upon closing of an auction, all winning bids plus applicable premiums and taxes shall be charged to the card on file.  In the event payment is not made, bidder shall have 24 hours from closing time of auction to submit payment or risk forfeiting item to backup bidder.

 

  • 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 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 price only.