NexBid Auction Terms & Conditions

📅 Payment Deadline

Monday, March 17th by 2:00 PM

📦 Pickup Dates & Times:

Monday, March 17th: 6 AM – 2 PM
Tuesday, March 18th: 6 AM – 2 PM

📦 Shipping Terms & Deadlines

Shipping Timeline:

Shipments will start being packed the week following auction checkout (March 24th-28th).
We estimate shipping dates but cannot control delays caused by third parties, weather, or unforeseen circumstances.

Delayed pickup items:

Some auctions may feature items deemed “ delayed pickup”. There are times where to facilitate liquidations and logistics delayed pickups are required. We do our best to stay as close to the estimated dates as possible , however these are estimates and delays beyond our control can occur

Shipping Responsibility Disclaimer:
📌 NexBid is an auction company, not a retailer with guaranteed shipping timelines. Buyers have the option to pick up their items if shipping delays are unacceptable.
📌 All shipments are at the buyer’s risk. NexBid strongly recommends purchasing shipping insurance.

Packing Fees:

Packing fees apply to freight shipments or any ground shipments containing fragile or breakable items.

Freight Shipping Liability:

Buyers are liable for any additional fees caused by:
✅ Rescheduling delivery
✅ Incorrect delivery address
✅ Failure to be available at the time of delivery
Carriers charge for these issues, and buyers agree to pay any additional fees.
Failure to pay within 48 hours authorizes NexBid to charge the card on file.

Freight Shipment Terms:

Freight shipments DO NOT include indoor delivery. If indoor delivery is required, carriers charge an additional fee.

📌 For shipping inquiries, email: Shipping@NexBid.com with:

Business name (if applicable)
Shipping address
Contact name & phone number
Availability of forklift or loading dock (for freight shipments)

🚨 ALL ITEMS SOLD AS-IS, WHERE-IS – NO WARRANTIES OR GUARANTEES

📌 Auction Terms – No Returns, No Refunds

All items in this auction are sold “AS-IS, WHERE-IS,” with no warranties expressed or implied.

This is an auction, not a retail store—there are no returns, no exchanges, and no refunds.
Descriptions, photos, and conditions are provided to the best of our ability, but they do not serve as guarantees.
All sales are final once the auction closes—bidders accept full responsibility for inspecting items before bidding.

📌 Bidder’s Responsibility:

It is the bidder’s responsibility to inspect items before bidding and determine condition, age, completeness, and suitability for their intended use.
Failure to inspect does not negate a winning bid.
Any claims related to condition, functionality, or missing parts will not be considered post-sale.

📌 Used & Surplus Equipment – No Performance Guarantees

Many auction items, including restaurant equipment, vehicles, and electronics, are used, surplus, or may have unknown issues even if an item has been spot tested prior to listing.
There are no performance guarantees, and all items should be assumed to have wear and tear associated with prior use. Even of an item is listed as tested and working this does not constitute a warranty. Issues can arise from transport and shipping, refrigeration units can be damaged from laying them over etc.
If an item is listed as “new” or “unused,” this simply means it has not been previously operated—it does not imply a manufacturer’s warranty or guarantee of condition.

📌 By bidding in this auction, you acknowledge and agree that:
✅ You are purchasing items in their current condition with no recourse against NexBid or the seller.
✅ You waive any right to a refund, chargeback, or credit card dispute for issues related to item condition.
✅ NexBid assumes no liability for the accuracy of item descriptions.

🚨 If you are not comfortable buying “AS-IS, WHERE-IS” without guarantees, DO NOT BID.

💰 Payment Terms & Chargeback Agreement

Payment Deadline:

Buyers must pay invoices by the specified deadline.
Any buyer who has not paid by the deadline authorizes NexBid to automatically charge the card on file for the full amount or smaller amounts at a time to obtain full payment.
NexBid reserves the right to attempt daily charges until the full amount is collected, even if it takes a week.

Chargebacks & Disputes:
🚨 By placing a bid, you agree that all sales are final.

No refunds, chargebacks, or payment reversals will be permitted under any circumstances.
You waive any right to dispute charges with your bank or credit card provider regarding winning bids.
Failure to comply will result in legal action, collections, and account suspension.

Automatic Charges:

We will begin automatically charging cards at 2:00 PM on the final pickup day for each auction.

Late Payment Fees:

A $25 per day fee per invoice will be applied for past due payments. This daily fee will continue to accrue until the full amount is paid.
Partial payments will NOT stop the accrual of late fees.

Unpaid Invoices & Collections:

If an invoice remains unpaid after 14 days, it will be sent to collections.
Any unpaid invoice over $2,500 will result in legal action.

📜 Consignor Rights & Auction Integrity

✅ Item Removal & Auction Adjustments

NexBid and/or the consignor may remove, withdraw, or modify any items from the auction prior to auction closing if necessary.
This may occur due to clerical errors, duplicate listings, lost or damaged items, seller decisions, or unforeseen circumstances.

✅ Bidding & Reserve Protections

In accordance with UCC 2-328, the auction company reserves the right to place bids on behalf of absentee bidders, internet bidders, or reserve bids, including but not limited to bids from banks, consignors, or other secured parties with a financial interest in the items.

🚨 PROHIBITED: NO SHILL BIDDING OR PRICE MANIPULATION 🚨

We are committed to fair and transparent auctions. Any form of bid manipulation—by sellers, buyers, or third parties—is strictly prohibited.

🚫 Shill Bidding – Sellers placing bids to inflate prices artificially.
🚫 Price Manipulation – Competitors or individuals placing fake bids to disrupt auctions or damage reputations.
🚫 Bidding Games – Buyers bidding with no intent to pay, only to retract or disrupt the auction process.

✅ All bids shall be placed in good faith with the intent to complete the purchase.
✅ Any attempts to manipulate the auction will result in immediate banning and immediate legal action.

We take auction integrity seriously—let’s keep it fair, competitive, and real. 🚀

✅ Auction Extensions & System Integrity

NexBid reserves the right to extend an auction closing time due to:
✅ Technical issues affecting the auction platform
✅ Suspected fraudulent activity
✅ System malfunctions or internet disruptions
Soft close auctions will automatically extend bidding time if last-minute bids are placed, simulating a live auction environment.

🚨 By bidding in this auction, you acknowledge and agree to these terms.

📞 Contact Us

For questions regarding payments, pickups, or shipping, email info@NexBid.com

🔥 Thank you for participating in NexBid auctions! We appreciate your business and your cooperation with these terms ensures a smooth and efficient auction experience. 🔥