Buyer's Premium & Payment Terms
A buyer's premium will be added to the final winning bid based on the total purchase price:
Winning Bid Amount Buyer's Premium
$0.00 – $1,500.00 18%
$1,500.01 – $8,000.00 9%
$8,000.01 and above 8%
Cash Discount
Customers paying with cash receive a 3% discount off the total invoice amount.
Examples
Winning Bid: $1,000
Buyer's Premium (18%): +$180
Total Before Discount: $1,180
Cash Payment Total: $1,144.60
Card Payment Total: $1,180
Winning Bid: $5,000
Buyer's Premium (9%): +$450
Total Before Discount: $5,450
Cash Payment Total: $5,286.50
Card Payment Total: $5,450
Winning Bid: $10,000
Buyer's Premium (8%): +$800
Total Before Discount: $10,800
Cash Payment Total: $10,476
Card Payment Total: $10,800
Note: The applicable buyer's premium is determined by the final winning bid amount. The 3% cash discount applies only to invoices paid in cash within the specified payment period.
All high bids are legal, binding contracts and all sales are final. All items are sold “AS IS, WHERE IS,” with NO guarantee, warranty, or possible refund written, expressed, or implied. The working or running condition of an item may not be known or stated in the description. Buyers are strongly encouraged to inspect items in person during store hours. No bids can be withdrawn once placed, for any reason. Descriptions and photographs are provided as a guide, but not guaranteed. GR Treasure Bids and its agents are not responsible for errors or omissions.
Auction closing times are approximate. GR Treasure Bids reserves the right to close early or extend auctions at any time at its discretion. Dynamic bidding is in effect: if a bid is placed in the last 5 minutes, the auction for that lot will extend by an additional 5 minutes. This process repeats until no bids are placed within the final 5-minute window.
Monday – Friday: 10:00 AM – 5:00 PM
Saturday & Sunday: Closed
All items must be paid for and picked up within 5 days of the auction closing.
Pickup location:
4255 Alpine Ave NW, Comstock Park, MI 49321
A storage fee of $2 per item per day may apply after the 5-day period. Items not picked up within 14 days of auction close will be considered abandoned and may be resold with no compensation due.
Payment is due within 48 hours of auction close.
Accepted methods: Cash, Credit Card, Debit Card (contact us for other options).
Unpaid invoices after 5 days may result in loss of bidding privileges or further action.
6% Michigan sales tax applies to all orders unless a valid tax exemption certificate is on file.
Shipping is not available unless specifically stated in the lot description. All items are local pickup only unless other arrangements have been made.
NO REFUNDS, RETURNS, OR EXCHANGES. All items are sold “AS IS, WHERE IS” with all faults.