50+ VEHICLES

Auction by: Maltz Auctions

Security Agreement Sale

Asset List Posted Thursday Prior to Auction

Online Pre-Bidding

Begins: Friday, October 30, 2020 at 1:00 PM EDT

Ends: Tuesday, November 03, 2020 at 10:29 AM EDT

Online Bidding Only

Begins: Tuesday, November 03, 2020 at 10:29 AM EST

Ends: Tuesday, November 03, 2020 at 10:30 AM EST

Details

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Security Agreement, NYS Tax Seized & Consignment Auction

Statewide Auto Auction, Inc.
39 Windsor Place, Central Islip, NY 11722

___ Vehicles in the 10/30 – 11/3 Auction
Inspection starts at 9:00 am / Auction begins at 10:30 am

 

Asset List Posted Thursday Prior to Auction

 

 

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OPEN TO THE PUBLIC 

Pre-Registration Required to Bid:  You Must send in signed Terms and Conditions of Sale and Online Bidding Form and a deposit ($500 minimum) to be approved for bidding.  Acceptable forms of deposit are cashier’s check, postal money order, and wire transfer (funds must be received at least 24 hours prior to the scheduled end time of the auction or you may not be approved to bid prior to the conclusion of the auction).  Your buying power will be 4x the amount of your deposit.  For example, if you send $1,000 you will be approved for up to $4,000 in bidding.  All unspent deposits will be processed for a refund within 72 business hours following the conclusion of the auction.

Inspection: The Friday and Monday prior to the auction, by appointment only.  The appointment calendar opens the Wednesday prior to the auction.

Auction Date: Online Bidding will open Friday, October 30, 2020 at 1:00 pm and scheduled for the first lot to close on Tuesday, November 3, 2020 at 10:30 am.  Visit RemoteBidding.MaltzAuctions.com or download the Maltz Auctions App on the Apple Store or Google Play.

Bidding Process: If a bid is placed with less than one minute remaining, the bidding period will be extended so one minute remains for competing bids to be entered.  If any further bidding occurs, the extension timer will reset to one minute.  Once no further bidding activity occurs, the sale closes when the time runs out.

Asset Location: Office of the Auctioneer, 39 Windsor Place, Central Islip, NY 11722. 

Deposit: A 25% minimum deposit via cash, postal money order or cashier’s check is required on knockdown of the bid ($500 minimum deposit from all bidders).  All funds must be made payable to David R. Maltz & Co., Inc.

 

   No One Under 18 Years of Age Permitted on Premises

Richard B. Maltz, Auctioneer DCA# 1240836
David A. Constantino, Auctioneer DCA# 1424944
Richard B. Maltz, Licensed Real Estate Broker
 Phone (516) 349-7022  Fax (516) 349-0105

These assets are being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller, Auction Company or any of their Agents.  The information contained herein was derived from sources deemed reliable but is not guaranteed.  Most of the information provided has been obtained from third-party sources and has not been independently verified.  All prospective bidders are urged to conduct their own due diligence prior to participating in the Public Auction Sale.  Maltz Auctions, Inc., d/b/a Maltz Auctions is exclusively acting as the marketing agent.

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