Does the buyer have to pay any fees on top of the
closing bid?
There
is no fee for bidding on auction items, however, there will
be a buyer's premium of 10% (Ten Percent) which shall be
added to the highest bid for the auction item. The TOTAL
of the highest bid PLUS the Buyer's Premium shall constitute
the Contract Sale Price. [EXAMPLE: High Bid $100.00 + 10%
Buyer's Premium of $10.00 = CONTRACT SALES PRICE of $110.00
+ TAX]
How do I bid on an item?
To bid online, you will first need
to register. The Lampi
Online Regisitration Form must be completed. Once your
registration has been approved, you can use the username
and password for all online auctions on our site.
How do I pay for the items i've won?
If you are a winning bidder, please
wait until you receive your emailed invoice and follow the
instructions as listed in the terms and conditions.
Who should cashier's checks be
made payable to?
Please read the terms and conditions
in the auction listing; most are made payable to Lampi Auction.
How much do things sell for?
There is no answer to this question.
Sale price depends on the merchandise (car, truck, equipment,
jewelry, etc...). Such things as condition, appeal and uniqueness
all play a part. Also, the prices bid depend on how badly
two people at an auction want an item.
Are Non-residents allowed to
bid at your auctions?
As long as you have a government issued
id for registration and a valid US address for shipping,
you can bid on our auctions.
Is shipping available for items
purchased at auction?
Sometimes shipping is available, and
sometimes it is not. Please refer to the auction listing
for details.
Is there a warranty for any items
purchased at an auction?
No, All merchandise is sold "As Is"
"Where Is". There are no warranties, no guarantees. All
sales are final. Please view the items on the specified
inspection days to inspect the item.
Is there a minimum bid price
on auction merchandise?
There is no minimum bid on most items.
Our clients do reserve the right NOT to sell an item if
they choose, though this practice is rare. For items which
do have a minimum or reserve price at Auction, the auctioneers
will list a minimum. On a Lampi Online item, you will see
the text "(reserve not met)" next to the current price if
a reserve has been placed on an item.
How do I find out how many miles
are on a vehicle?
Generally it is posted in the auction
listing but on the rare occasion that it is not, please
attend one of the preview times to view for yourself. Preview
times are usually posted in the auction listing as well.
Can I pay for my items when I'm
finished bidding, or must I wait until the auction is over?
Please wait until you receive your
emailed invoice before sending payment. If you do not receive
an invoice within 12 hours of an auction closing, please
contact the office to verify your email address.
Can I have titles made out to
someone other than myself?
Yes, but please provide title name
and address when registering at a Live Auction, if different
from the address on your drivers license. Otherwise, it
will be filled out in the name and sent to the address with
which you registered.
Do you allow items to be purchased
for resell?
Yes, all auction items are eligible
for resell. However, you will be charged sales tax unless
you provide a valid Sales Tax ID when registering. For bidders
with Sales Tax IDs outside the State of Minnesota, a copy
must be provided and kept on file.
