Terms for Annual Equipment and Vehicle Auction

Schmid Auction Center Teutopolis, IL

WE WILL NOT CHARGE CREDIT CARDS ON FILE UNLESS REQUESTED.  PAY WITH CASH, CHECK OR CREDIT CARD AT AUCTION PICKUP. 

Ring 1 starts to close at 10am Thursday Sept 7^th, Ring 2 Starts to close 4pm Sept 7^th.  Ring 3 Starts to close Friday Sept 7^th 9am.

Directions: 4 miles east of Effingham IL on U.S. Hwy 40 (Only 1 mile east of Teutopolis, IL or 3.5 miles west of Montrose, IL on U.S. Hwy 40.)

Open House: Weekdays until 4pm and Saturdays until 12Noon

No Buyer premium on all lots!  Zero buyer premium!

THIS IS AN INTERNET ONLY AUCTION All items sell as is, where is with all faults or flaws. Items sell with no warranty stated or implied.

DYNAMIC CLOSING: Ring 1 auction will begin Thursday, Sept 7^th 10am. Ring 2 auction will start to close Thursday, Sept 7^th 4pm and Ring 3 will begin closing @ 9am Friday Sept 8^th.  The closing time will automatically extend an additional 2 minutes whenever a bid is placed within the last 2 minutes of the lot closing. Every 15 Seconds an item will begin to close.  When there is a bid on an item it will extend for 2 minutes.

Pay and load out Thursday Sept 7^th until 5pm. Friday Sept 8^th until 5pm and Sat Sept 9^th until 8am – 4pm. Closed on Sunday!  We own the auction facility and will be back to unload on the week of Monday Sept 11th.

AGE REQUIREMENT: All bidders must be at least 18 years of age to purchase.

Every 15 Seconds an item will begin to close.  When there is a bid on an item it will extend for 2 minutes.

Bid Increments: $1.00 to $100.00 is 1$. $101 to $1000.00 is $10. $1001.00 to $10,000.00 is $25.00. $10,001 and up is $100.00 Example on bidding. If a person puts a bid of $100.00 and the 2nd place bidder places a bid $50. It will raise the person with the high bid to $51.00. It will not automatically take a person to the highest bid they have submitted.

 WE WILL NOT CHARGE CREDIT CARDS ON FILE UNLESS REQUESTED.  PAY WITH CASH, CHECK OR CREDIT CARD AT AUCTION PICKUP. 

Pay and load out Thursday Sept 7^th until 5pm. Friday Sept 8^th until 5pm and Sat Sept 9^th until 8am – 4pm. Closed on Sunday!  We own the auction facility and will be back to unload on the week of Monday Sept 11th.

Zero Buyer Premium

26th Annual Equipment, truck, vehicle, construction and tool auction

909E Main St. Teutopolis, IL 62467

WE WILL NOT CHARGE CREDIT CARDS ON FILE UNLESS REQUESTED.  PAY WITH CASH, CHECK OR CREDIT CARD AT AUCTION PICKUP.