Keywords:

Online Auction

Subject to Bankruptcy Court Approval...
Case No: 1:13-bk-11860-MT

Bulk Bid Offering
Automotive Tire Shop

1300+ New Wheels, 400+ New & Used Tires Automotive Equip., Vehicles, Office Furniture, Furnishings, Equipment, IP & More

Date:

Friday, June 7

Time:

10:35am (PT)

Location

7745 Sepulveda Blvd.
Van Nuys, CA 91405

Preview:
By Appointment Only

Checkout:
Thru June 21, by mutually agreed upon schedule

To be sold as 2 lots

Lot #1: All Equipment & Inventory

1300+ Wheels: OEM Wheels for Lexus, Audi, BMW, Infiniti and Others. Plus Custom Wheels from: Asanti, American Racing, Lexani, TSW, HRE & More.

400+ Tires: New & Used Tires; Brands Include: Dunlop, Kuhmo, Michelin, Bridgestone, Hankook, Eagle, Goodyear & More.

Tire Changing & Alignment Equipment: (5) Alignment Racks, Hunter TC3500 Tire Changer, Hunter DSP600 Wheel Alignment with Lift, Hunter GSP9700, Rim Clamp 7065AX, Rim Clamp TCX500 with Hunter BPS, Hunter DSP9500 Balancer, Hunter DSP9000 Balancer, Hunter TC3100 & More.

Automotive & Shop Equipment: Bend Pak BP12LSXE 12,000lb 4 Post Lift, Astroline 250DP 2 1/2 Ton Lift, Hydraulic Jacks, Bench Grinders, Vices, Power & Hand Tools, Pallet Racking, Work Benches & More.

Vehicles: 2011 Subaru Outback, (3) 2003 Toyota Tundra Trucks, 2002 Ford E250 and 2002 Ford Ranger & More.

Office Furniture and Furnishings: Desks, Chairs, Displays, Bar Stools, File Cabinets, Break Room Furniture & More.

Office Equipment: Computers, Flat Panel Monitors, Printers, Phones & More.

Lot #2: Right Title and Interest to the following

Phone Numbers: 818-786-8686 & 818-786-4100
Domain Names: www.flipswesco.com; www.flipstire.com; www.flipstires.com
Names: Flip's Tire Center, Inc.; Flip's Wesco Tire & Wheel Center; Wesco Track & Tire
Customer Mailing List with Over 6,000 Contacts

Click on an image to enlarge...

STEP 1 - REGISTER

Click the ‘Register to Bid' link above and complete the registration form - your bidder number will be emailed to you for use at this and future auctions. Please be certain to review the General Terms of Sale, along with any Sale Specific Terms before registering.

You must provide a credit card, which will be authorized for $300 however, buyer will not be considered qualified unless and until they also submit a required minimum deposit of $25,000 in the form of cashier's check or wire transfer which shall be nonrefundable to the successful high bidder. All registered bidders interested to bid must register 24 hours prior to close of auction.

STEP 2 – VIEW ITEMS

- Click on the ‘View Items & Bid’ link above to browse the auction catalog.
- Search by Keywords at the top of any bidding page.
- Click ‘refresh’ to see the current status of each item.
- Click on “Items Still Open for Bidding” to clear sold items from your screen and see only those items still available (this applies during the auction closings).

STEP 3 – BID

Two ways to Bid:
1. Enter an amount under “Your Bid” – This will reflect your current and final bid
2. Enter a maximum of what you are willing to pay under “Your Maximum” - The system will start your bid at the lowest available increment and bid for you.
Then scroll to the bottom of the page, enter your Bid Number and Password and click ‘Submit Bids’
(PLEASE NOTE: You will be asked to confirm your bids)
Important Bidding Notes:
Items will close at a rate of 1 item every 3 minutes.
- An item’s closing time will extend by 4 minutes when bidding occurs within the final 4 minutes of its scheduled closing.
- If you submit a bid prior to the auction you will be notified if you are out bid.
- You may enter multiple bids on a page before clicking ‘Submit Bids’; however, changing pages will clear your bids.

STEP 4 - PAY

Full payments are required by 12 noon on June 8. All bids will include a 15% buyers premium and Sales Tax unless you are purchasing for resale and have completed and returned a resale certificate before the conclusion of the auction. NO CASH IS ACCEPTED FOR THIS SALE.

STEP 5 - PICKUP

You are responsible to remove your items during the posted checkout times. If you are purchasing from out of the area, you may send a 3rd party shipping company to remove your items. Bring your own crews, packing materials, material handling equipment, etc. for removal. Appointments are mandatory. Be sure to email your preferred pickup time within the posted schedule after you have won your last auction item.

The following highlights key sale terms and identifies sale specific terms. These, along with our General Terms of Sale, comprise the Complete Terms of Sale. Please review the following and download the General Terms of Sale here to confirm the responsibilities you are agreeing to upon participating in this sale.

TERMS AT-A-GLANCE

DEPOSITS: We will authorize your credit card for $300 as an Auction Registration deposit, buyer will not be considered qualified unless and until they also submit a required minimum deposit of $25,000 in the form of cashier's check or wire transfer which shall be nonrefundable to the successful high bidder. All registered bidders interested to bid must register 24 hours prior to close of auction.

PAYMENT DEADLINE: All payments are due by 12 pm the day after the auction closes.

PAYMENT FORMS: Credit cards on file will be charged upon the completion of the sale. You may pay by cashiers check or wire transfer by (a) notifying Tiger prior to the close of auction, AND (b) submitting payment in time for Tiger to receive it no later than the close of business on the day following the auction.

PURCHASES OVER $10,000: Balances in excess of $10,000 must be settled by cashiers’ check or wire transfer received by Tiger no later than the close of business on the day following the auction.

BUYERS’ PREMIUM: A 15% Buyer’s Premium will be added to the price of each item.

SALES TAX: All Taxes are applied at the end of the auction unless a reseller has notified Tiger prior to the close of auction and qualifies for sales tax exemption. A buyer’s failure to qualify for exemption does not waive its obligations to complete its purchase per the terms of sale.

REMOVAL: All buyers are responsible to remove their items during the posted checkout times. To minimize wait time, all buyers are asked to schedule an appointment. Buyers are also responsible to bring their own crews, packing materials, material handling equipment & etc. for removal. Buyers requiring shipping or moving assistance can refer to our list of 3rd party shippers. See link above.

ALL SALES ARE FINAL: All items are sold “as-is, where-is” with no guarantees or representations. All Sales Are Final. Buyers are recommended to inspect items before they bid.

Please Note:

Tiger attempts to provide lot information to buyers for guidance, where possible. However, all items are sold 'As-Is, Where-Is', per the terms of the sale. Any Guidance provided is not intended to substitute a buyer's responsibility to inspect items and arrive at their own determination of an item's condition.

Buyer is responsible for transfer and registration costs of all Vehicles direct with the DMV including any back fees or penalties.

ACCESS FOR THIS AUCTION IS RESTRICTED, PLEASE CONTACT TIGER TO QUALIFY

Certificate of Insurance Loss Payees:

Tiger Remarketing Services – 340 N. Westlake Blvd. #260 Westlake Village, CA 91362

Contact Information

Tiger Commercial & Industrial

340 N. Westlake Blvd.

Westlake Village CA 91362

 

Phone:
800-758-TIGER (8443)

Fax:
805-497-2211

All Contents Copyright © 2009-2011 Tiger Valuation Services, LLC and Tiger Capital Group, LLC. All Rights Reserved.