Auction Begins Friday April 10, 2020 at 9:00 AM Auction Closes immediately upon first bid by a registered bidder approved by the auctioneer.
THIS AUCTION HAS ENDED AT REQUEST OF THE SELLER. THIS IS A REVERSE (DUTCH) AUCTION! PLEASE READ TERMS AND CONDITION BEFORE REGISTERING/BIDDING Original opening bid (April 10) is $10,500.00. The opening bid will drop by $100.00 every calendar day until we receive an approved bid or when the auction is stopped due to the opening bid being unacceptable to the seller. How does a "Reverse/Dutch" Auction work? 1. The price of the item will be reduced by a pre-determined amount every pre-determined quantity of days. 2. Buyers can make an offer and the seller can accept/reject an offer at any time. 3. Due to "Shelter in Place" at time of auction start, previews are available upon request only. 4. The first successful bid placed on the item by a registered and approved bidder may be accepted by the seller during the reverse auction and recognized as sold. At the same time, the Reverse Auction may be stopped at any time by the seller when the price offered to bid on becomes unacceptable to the seller. This is an ONLINE ONLY Auction. This Reverse (Dutch) Auction is for a 1977 MGB, VIN GHN5UH438953. Seller has clear Texas Title to vehicle, with no liens on the vehicle. Vehicle is in running condition with current "Antique Auto" Registration. Winning bidder is liable for all taxes, title, and other associated government fees. AT COMPLETION OF THE AUCTION, WINNING BIDDER AGREES THAT AUCTIONEER MAY CHARGE A NON-REFUNDABLE FEE EQUIVALENT TO 5.00% OF WINNING BID (INCLUDING BUYERS PREMIUM) TO THE CREDIT CARD USED TO REGISTER FOR THIS AUCTION. This fee will be subtracted from total price due at time of payment for the auction item. If winning bidder reneges on agreement to purchase the auctioned item or otherwise fails to pay for item, the above fee will not be refunded. PAYMENT MUST BE MADE BY CASHIER'S CHECK. Cash may be accepted if total price ( including 10% Buyer's Premium + taxes) does not exceed $10,000. Odometer reads 94893 mi. Per seller, only visible damage is crack in the dash (pictured). Please contact Caprock Auction Group at (806) 680-1937 to schedule a viewing.