Payments: If your invoice is under $1,000, Local Liquidators will charge the credit card on file for the total of the invoice. If your invoice is over $1,000, Local Liquidators will charge a non refundable deposit of 10% to your card on file and you must pay the remainder of the invoice by cash or wire transfer no later than the next business day following the auction end.
Payment Methods Accepted: We accept credit cards for deposits and invoice payments under $1,000. We accept cash, wire/bank transfer, ACH and Zelle payments for invoices over $1,000.
Defaults: If payment in full is not received by the end of the business day following the auction close, Local Liquidators may cancel all Bids and charge the Winning Bidder a relisting fee of 25% of the total invoice amount (“Relisting Fee”) to the Winning Bidder’s credit card on file. Any Deposit paid by the Winning Bidder will be applied to the Relisting Fee.
Buyer's Premium: There is a 15% Buyer's Premium for this sale.
Sales Tax: All Purchases are subject to 8.6% sales tax. Tax applies to final bid price and buyer's premium. If you have a tax exempt or resell certificate, the certificate must be uploaded to My Account and approved prior to bidding.