Grubstake Auction Co., Inc.
Date(s) 12/27/2024 - 1/6/2025
- Auction: Monday, January 6th at 12:00 PM. Auction will be begin to close with lots closing one minute from each other.
Online-Only Auction
Bidding Notice:
15% Buyer's Premium in effect, Grubstake no longer accepts credit cards as payment for impound vehicles. Please Review the terms as they have changed
Auction Information
Name | Alaska Towing & Wrecking 1-6-25 |
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Auctioneer |
Grubstake Auction Co., Inc.
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Type | Online-Only Auction |
Date(s) | 12/27/2024 - 1/6/2025 |
Auction Date/Time Info |
- Auction: Monday, January 6th at 12:00 PM. Auction will be begin to close with lots closing one minute from each other.
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Preview Date/Time | - Preview: Thursday, January 2nd at 12:00 PM to 4:00 PM and Friday, January 3rd at 9:00 AM to 4:00 PM Located at Alaska Towing & Wrecking 401 W Chipperfield, Anchorage, AK 99501 |
Checkout Date/Time | Payment is due immediately after the sale concludes. Successful bidders will have until 4:30 PM to pay for any outstanding invoices. No payments will be accepted after 4:30 PM without incuring late fees of $25 per lot. |
Location |
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Buyer Premium | 15% Buyer's Premium, $25 minimum |
Description |
Alaska Towing & Wrecking monthly Impound Auction
- Preview: Thursday, January 2nd at 12:00 PM to 4:00 PM and Friday, January 3rd at 9:00 AM to 4:00 PM Located at Alaska Towing & Wrecking 401 W Chipperfield, Anchorage, AK 99501
We encourage you bring your own jump box. Keys will be provided with proper identification.
- Auction: Monday, January 6th at 12:00 PM. Auction will be begin to close with lots closing one minute from each other.
Happy Bidding!
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Terms and Conditions
Alaska Towing & Wrecking
PAYMENT IS DUE BY 4:30PM! If payment is not made, you will Forfeit the vehicle and be banned from all future auctions.
$25 Invoice fee will be added to all succesful online bidders
TERMS OF SALE
Cash Only!
15% Buyer's Premium, $25.00 minimum
Name on credit card must match ID and paperwork
Driver's license required for entering the yard
All vehicles sold AS-IS, WHERE-IS, NO GUARANTEES stated or implied
Keys announced but not guaranteed
VEHICLES MAY BE ADDED OR DELETED WITHOUT NOTICE
You have the right and duty to inspection
List accuracy not warranted - including typos
All bidders must be registered to bid. $10 day bid or $30 for Annual
Each bidder is only allowed one guest
Please remember amount of buyer's premium when bidding.
All paperwork will be in registered bidder's name
Vehicles must be PAID for by 4:30 p.m. day of the sale and REMOVED on the Tuesday following the auction unless arranged otherwise. APD will be notified (vehicle will be towed) if left past Tuesday and Bidder will be BANNED from future auctions.
If not removed, buyer will be charged $25.00 per day, per item. Including day of Auction.
No mechanic work prior to removal. No previews once Auction has started.
Any customer found wandering through the yard will be given ONE friendly warning. The second offense will get the customer banned from future auctions, no questions asked.
Please DO NOT PARK on the roadway or in our neighboring parking lot
REPLACEMENT PAPERWORK: Done by ATW up to 60 days after the sale of the vehicle-$250.00 for the letter, $500.00 for the whole packet (including Bill of Sale) - DON"T LOSE IT!
ATW HAS UNTIL THE FIRST TUESDAY after the auction to correct any titles and/or paperwork if there are any mistakes or corrections that need to be made. Grubstake Auction Company does not process paperwork and is not authorized to return any money after your bid has been processed. You must contact Aurora for any corrections.
BANNED BIDDER POLICY: ** YOU BID IT, YOU BOUGHT IT!! **
People that do not pay are banned INDEFINITELY, Units are then subject to immediate resale
Security cameras and security personnel are in effect AT ALL TIMES
Stay on called number - no cutting the bid … AND NO SMOKING
*** ABSOLUTELY NO LARGE PURSES OR BAGS IN THE YARD AT ANY TIME!!! ***
By attending and/or participating in this auction, you have agreed to be bound by these terms and conditions and by any additional or modified terms or conditions announced by the auctioneer. Internet bidders have additional Terms and Conditions Identification - All bidders are required to have a bidder's number provided by Grubstake Auction Company (Grubstake). Addition to or Withdrawal from Sale - Grubstake reserves the right to withdraw from sale any of the goods listed or to sell at the auction goods not listed. Grubstake also reserves the right to group multiple lots into one or more selling lots or to subdivide lots into two or more selling lots. Grubstake reserves the right to sell any or all of the goods listed in bulk. Inspection - It is the bidder's responsibility to inspect the goods during the inspection period provided prior to auction. Bidders on vehicles are responsible for compliance with the emission regulations for their area. Bidder's failure to inspect goods will not constitute grounds for any claim for damages, adjustment, cancellation of purchase or any other remedy. Condition of Goods - All goods are sold as is, where is, without express or implied warranties and without recourse against Grubstake or the seller. There is no guarantee, warranty or representation, expressed or implied, as to quality, kind, character, quantity, weight, size, description or fitness for any use or purpose of any sale goods. Bidders are responsible for the security of their purchases immediately after the award is made. Sale by Estimated Count, Measure, or Weight - Where goods are to be sold by estimated count, measure, or weight, the successful bidder will be billed for and required to pay for the estimated count, measure, or weight. If, when delivered, shortage exists the purchaser will receive a refund at the rate of purchase. If there is an excess, the purchaser is required take and pay for this excess at the rate of purchase. Reserve - The auctioneer reserves the right to reject any and all bids. The auctioneer reserves the right to bid on behalf of the seller or on his own behalf, staff, absentee, and/or Internet. The auctioneer reserves the right to start the opening bid. Disputes Between Bidders - If any dispute arises between two or more bidders, the auctioneer may render a decision or may immediately put the lot up for sale again and resell to the highest bidder. The decision of the auctioneer shall be final and absolute. Time and Manner of Payment - Successful bidders agree to pay the purchase price accordance with the bid. The full purchase price on all lots sold to the same buyer must be paid on the day of sale and before removal of any of the goods. At Grubstake's option and with prior arrangement, payment may be accepted after the day of sale. A $25.00 fee will be charge for this service. Compliance with Terms of Sale - In default of payment of purchase price in full within the time specified, Grubstake may retain all monies received as liquidated damages in addition to all other remedies allowed by law. No claims will be allowed. Goods not paid for or removed within the time specified may be resold at public or private sale without further notice and any deficiency, together with all expenses and charges of resale, will be charged to the defaulting purchaser. Title - Title to goods sold shall transfer to the purchaser when full and final payment is made. Vehicle or property title paperwork will be provided to purchaser as soon as practical following the auction. Purchasers are responsible for the paperwork provided, a fee will be charged for replacement paperwork. Removal - Removal shall be at the expense, liability and risk of the purchaser. Purchaser agrees to indemnify and hold harmless both consignor and Grubstake against any damage caused by acts of the purchaser and/or his agents. Grubstake is not responsible for goods not removed within the time specified, and shall have the option of removing and storing any goods not removed at the expense and risk of the purchaser. Non delivery Responsibility - Grubstake is an agent only and shall not, in any event, be liable for non-delivery, whether such non delivery results from seller's decision to withdraw the goods from the sale or for other reasons. In the case of non-delivery, Grubstake will return the purchaser's deposit or payment on the nondelivered lot should the purchaser be entitled to it. Records - The record of sale kept by Grubstake is final in the event of any dispute. Personal and Property Risk - Persons attending during preview, sale or removal of goods assume all risks of injury or loss to person and property and specifically release Grubstake from liability therefore. Neither Grubstake nor its principals shall be liable by reason of any detect or condition on which the sale is held. Agency - Grubstake is acting as agent only and is not responsible for acts of its principals. Change of Terms and Conditions - Grubstake reserves the right to change the terms and conditions of sale by announcement, written or oral, prior to or during the auction. Auctioneer's Note: Everything sells "AS IS WHERE IS," with no warranties implied or expressed. Neither the auctioneer nor owners shall be liable for any incorrect description, fault or defects. Everything positively sells to the highest bidder unless stated prior to or during auction. Auctioneer is not responsible for accidents or stolen property.
Bid Increments
Your bid must adhere to the bid increment schedule.
Bid Amount | Bid Increment |
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0.00 - 75.00 | 5.00 USD |
75.01 - 10,000.00 | 50.00 USD |
10,000.01 - 100,000.00 | 2,500.00 USD |
100,000.01 - 9,999,999.99 | 10,000.00 USD |
Payment Information
Currency | USD |
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Buyer Premium | 15% Buyer's Premium, $25 minimum |
Payment Terms |
Payment is due immediately after the sale concludes. Successful bidders will have until 4:30 PM to pay for any outstanding invoices. No payments will be accepted after 4:30 PM without incuring late fees of $25 per lot.
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Shipping / Pick Up
Winning bidders must remove their vehicles from Alaska Towing & Wrecking's yard the following Wednesday by 5:00 PM.
Bidders must bring the following items to Alaska Towing & Wrecking in order to succesfully remove their vehicle: ID, Paid Invoice, and means to remove the vehicle. Tows and extended storage can be arranged with Alaska Towing & Wrecking at a discounted rate.
Failure to remove vehicles will result in bidders being banned from all Grubstake's sales in the future. Please read and understand the terms of sale you are aggreeing to when registering for this auction.