National Liquidators Yacht Auctions

National Liquidators Yacht Auctions

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GO TO National Liquidators Yacht Auctions AT GAUK MOTORS


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About National Liquidators Yacht Auctions

The World's Largest Boat and Yacht Liquidation Company

East Coast Office - Headquarters, 1915 Southwest 21st Avenue, Fort Lauderdale, FL 33312, ph- 954-791-9601, fax- 954-791-8188 West Coast Office, 2725 West Coast Highway, Newport Beach, CA 92663 ph- 949-631-6715, fax- 949-631-8364 Midwest Office, 5401 North Marginal Road, Cleveland, Ohio 44114 ph- 216-391-1900, fax- 216-391-4710 Gulf Coast Office, 3200 Monroe Street, Mandeville, LA 70448 ph- 985-966-5967, fax- 504-617-6900 National Liquidators has handled over 30,000 cases since its inception in 1988, from jet skis to yachts to passenger cruise ships and used boats. Our inventories include bank repossessions, foreclosures, government seized vessels and brokerage boats. We maintain an experienced staff at our facilities in Fort Lauderdale, Florida, Newport Beach, California and Cleveland, Ohio. Through our weekly boat and yacht auction, we liquidate this marine inventory using a sealed bid system, closing every Monday at 4:00pm EST (see Bidding for more details). Our auction is open to the public and we welcome retail buyers, as well as dealers. Guests are welcome to visit one of our facilities to view the largest selection of pre-owned boats and yachts available. We offer yacht financing to qualified buyers on nearly all vessels. Fill out our simple online application to receive a quick turnaround pre-approval and low financing rates. Salvage Yacht & Boat Inventory - Ready for Sale Through Our Auctions Boat & Yacht Auction Bidding Process Step One Review the boats available in this week's auction in our inventory pages. Each yacht is coded with it's own stock #. The boats are listed by location and then by length for easier selection and viewing. Columns can be sorted by any header simply by clicking on the desired header column (i.e. stock number, length, etc.). We recommend personal inspection of the boats either at our location or call us to arrange a viewing at other locations. Step Two It is important that you talk to a broker in the office where the boat is located so that details regarding the particular unit can be reviewed (see company tab on the top for direct dial numbers to our offices). Regardless of wheter or not you have worked with one of our brokers in the past all offers must be submitted and faxed it on our official offer form download our official offer form (312k PDF), fill it out and fax it in to the appropriate office. NO OFFERS WILL BE SUBMITTED without talking with a broker first and confirmation of receipt fo a signed offer form. Verbal offers, unconfirmed or unsigned offer sheets will be thrown out. Our sales staff is available Mon. - Sat. from 9:00am - 6:00pm. You may use the CONTACT section to enter in all the pertinent information regarding your contact information (please be sure to indicate phone and cell number) as well as the stock # you are interested in. A broker will promptly return your call to issue you a bidder number. There is a $20.00 first time bid fee required at the time the bid is submitted. Additionally, there is a $1000.00 deposit required with all bids submitted. Both the $20.00 fee and $1000.00 deposit can be paid with cash, credit card, certified funds or wire transfer. Your broker of record will discuss these options and deposit requirements with you prior to submitting your bid. If the boat or yacht you are bidding on is a U.S. Marshals Service boat (noted in the right column of the inventory list with a Marshals symbol) the $20.00 bid fee is waived. Step Three Yacht and boat auction offers are cut off and opened on Monday at 4:00pm Eastern Time. Bids are sorted and the high offer on each vessel is submitted to the bank, U.S. Marshal's Service or vessel owner on Tuesday mornings. Responses typically occur within 48 hours. The seller, at its sole option, may accept or reject the offer or make a counter offer. Once the highest offer is responded to (accepted, rejected or countered), we will contact the bidder immediately to notify them of the response. If an offer is not responded to or not accepted in a particular weekly cycle then it is simly placed back for sale in the next week’s period. All offers need to be resubmitted weekly (if desired), offers are only good for the one week period in which they were singed and submitted. Bidder Responsibilities First time bidders are responsible for the $20.00 non-refundable bid fee. This fee covers the administrative process of entering that bidder into our system for future transactions. A credit card number must accompany all offer submitted. Upon acceptance of an offer, $1,000 will be charged to the credit card. If the credit card is declined offer will immediately be voided. Upon verbal notification of acceptance of an offer, buyer has 5 working days to complete any “conditions” as set forth and pay the amount due IN FULL via certified funds. Failure to close the transaction within 5 business days after notice of acceptance will result in $1000 deposit to be forfeited and the boat placed back into the next auction cycle. Bidder has 24 hours (or one business day) to remove the purchased vessel from our facility or make storage arrangements after closing. Storage charges will accrue on ALL vessels until vessel departs at our standard rates. There is a minimum $299.00 buyer's premium on all vessels charged as an administrative fee for paperwork handling. NOTICE TO CUSTOMERS REGARDING TITLING OR DOCUMENTATION We exert extensive time and research to ensure that you are purchasing a unit with a clear title or USCG documentation. The $299.00 administrative fee represents this research effort; it does not include transferring title or documentation. Buyers will receive from our title department all the documentation needed to complete this process. We can provide complete transfer of title or USCG documentation for an additional fee. Please contact our offices and ask to speak with our title department if interested. Ohio Law requires us to transfer title (not USCG documentation) directly to Ohio residents only, an additional $150 titling fee is charged for this service to Ohio residents only. IMPORTANT INFORMATION REGARDING SALES TAX All purchasers will either pay sales tax at the current approved rate in their respective states or sign an out-of-state affidavit that they will pay their respective sales tax and provide a valid copy of a driver’s license (with the exception of Ohio and Florida residents who must pay tax directly to us at point of sale). All dealers will be required to provide a state sale tax number, valid marine dealer’s certificate and sign a resale certificate or Statement for Exemption of Purchase. METHODS OF PAYMENT By certified funds, financing, cash or bank wire. No drafts, personal or company checks or credit cards (other than for the $20 bid fee and $1000 deposit) accepted. All information provided about vessels is believed to be accurate, however, bidder assumes full responsibility to verify and confirm any and ALL information and specifications provided by National Liquidators. All vessels are sold AS IS WHERE IS, with no warranties, express or implied, as to condition or fitness for a particular purpose. IF LITIGATION ARISING OUT OF OR RELATING TO THIS OFFER IS COMMENCED; THE PREVAILING PARTY IS ENTITLED TO RECOVERY ITS ATTORNEYS’ FEES AND COSTS

 

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