Terms & Conditions
By accepting the terms and conditions of this auction you acknowledge you are entering into a legal and binding contract. You agree to abide by all terms and conditions and you acknowledge receipt of all explanations and information made available by Steffes Group, Inc., also referred to as Steffes Group or Company.
Payment
When paying within the stated time and with our acceptable payment methods:
A 10% buyer’s premium with a maximum charge of $1,000 per item applies to items purchased on Timed Online Auctions.
A 2% buyer’s premium with a maximum charge of $1,000 per item applies to items purchased on Live Webcast Auctions.
You agree to make payment for all online purchases in U.S. funds within 2 business days of receipt of invoice by one of the acceptable forms of payment unless approval of financing arrangements is made with Steffes Group. To issue a check by fax, simply write a check as you normally would and fax a copy to us. All NSF checks will be charged a $30 fee. Checks by mail are not an accepted form of payment. Any other form of payment, other than the listed acceptable payment methods are subject to an additional 3% buyer's fee on the full amount of the purchase. No items will be released until full payment clears our office.
Acceptable forms of payment:
Bank Wire Transfer; please call for wire instructions to be emailed to you.
Check delivered to our office that held the auction
Check By Phone
West Fargo, Grand Forks 701-237-9173
Litchfield 320-693-9371
Mt. Pleasant, Ames 319-385-2000
Sioux Falls 605-789-5677
Check By Fax
West Fargo, Sioux Falls, Grand Forks 701-237-0976
Litchfield 320-693-9373
Mt. Pleasant, Ames 319-385-4709
Sioux Falls 605-789-5674
Sales Tax
ALL APPROPRIATE STATE SALES TAX LAWS APPLY PER THE LOCATION OF POSSESSION AND SELLER TYPE OF THE PIECE OF EQUIPMENT.
Listed below is a link for the Streamlined Tax Exemption form that includes 24 participating states. States that do not participate in the streamlined form, but in which Steffes Group frequently transacts business are MO and IL. Please our office if you would like us to send you a form for one of these states. The link for the streamlined form includes the states of IA, MN, ND, NE, and SD, among others.
If you have any questions concerning sales tax, please contact the appropriate state government agency for that location or contact our office. Minnesota requires sales tax to be charged on all online consignment auctions unless the buyer provides an exemption form.
Titled vehicles
$35 document fee charged on all titled vehicle purchases.
Per vehicle and sales tax laws, upon registration and licensing of any titled vehicle or trailer, any buyer’s premium paid is considered to be part of the sales price. Sales tax will be charged on the entire sales price (including the buyer’s premium).
If you have any questions concerning sales tax on a piece of equipment, please contact the appropriate state government agency at the location of the item on auction.
ND Sales Tax Terms for Canadian Customers
Used Farm Equipment
The sale, at auction, of used farm machinery to a Canadian farmer for agricultural use is exempt from sales tax the same as a North Dakota Farmer.
The purchase, at auction, of used farm machinery by a Canadian farm equipment dealer (retailer) would be sales taxable unless:
You complete an exemption certificate with a ND sales tax permit number
The purchased goods are shipped by a 3rd party to you in Canada - in this case a delivery receipt must be provided to Steffes Group.
