Sales Procedures & Policies (Terms of Sale)

Please read the following items to understand how we do business.

SALES POLICY *
  • All sales are on a wire transfers basis. Other forms of funding (cash, cashier's checks) are subject to advance management's approval and may be subject to additional verification or waiting periods.
  • Items may be placed on hold with "sale pending," provided a non-refundable deposit is received, of at least 10%. Items will be placed on hold for a length of time determined at the time of deposit with the terms specifically stated on the invoice.
  • All offers including offers at the asking price are subject to review and acceptance by our client. All offers should be submitted in writing clearly stating item, amount, and buyers information. Offer forms can be obtained by calling RTR Services or printed from our Offer Sheet page.
  • No sale is final until funds are fully received by RTR Services. All sales are final upon RTR's receipt of funds. Your payment acknowledges acceptance of “Terms of Sale”.

* Please see our Frequently Asked Questions for additional information.

TERMS AND CONDITIONS OF SALE *

All equipment is sold as is, where is, with no warranties implied or given. RTR makes no express warranty of any kind and disclaims all implied warranties to include warranties of merchantability and fitness for a particular purpose. Further no commitment is made by RTR as to the functionality or condition of any item. The buyer is responsible for the transportation and or storage of the purchased equipment.

Other fees that apply: When purchasing an asset there are time when rigging and other services might be needed. If any assistance is provided then Other Sales Fees may be applicable and negotiated at the time the purchase is finalized. There will also be a non-negotiable Transaction Fee of three percent which applies to each sales invoice. The Transaction Fee is in addition to the purchase price and is based on the sub total of the invoice prior to taxes.

All purchased equipment must be removed from RTR's facilities or its location within 5 working days or be subject to storage fees. RTR accepts no responsibility for damage or loss (be it physical, monetary, or intangible in nature) sustained by any of the parties involved either directly or indirectly as a result of the processing of an order. The buyer assumes all responsibility for the purchased equipment to include any damage and/or loss that may occur after the execution of the sale.

*Additional Terms And Conditions of Sale may be listed on buyer's invoice at the time of sale.

SHIPPING

Purchased items are packaged and shipped at buyer's expense. RTR may refer buyers to packaging services and or discount shippers. However, RTR is not a shipping company, agent or broker of shipping and makes no warranties or guarantees for any services provided by third party vendors referred by RTR. Details and requirements regarding the shipment of purchased assets should be fully evaluated prior to the purchase. Any services provided by RTR should be discussed in advance with the re-marketing representative handling the transaction and specifically stated on the invoice.

INVENTORY

Assets are brought into inventory on behalf of our clients (Leasing Companies, Banks, and Bankruptcy Courts). As a general rule RTR Services does not buy inventory.

Inventoried assets are assigned a tracking number (RTR#). A Fair Market Value (Asking Price) for the asset is established with the original paper holder (i.e. Lease Company, Bank and Trustee). Assets are remarketed at the Asking Price (subject to change without notice). All offers including offers at the asking price are subject to review and acceptance by our client. We make an assertive effort to determine condition and operability of an asset during our testing and evaluation process.

RTR Services will disclose any and all known pertinent facts related to an asset. Our base knowledge on any given account is as follows:

  • Date of purchase
  • Status at time of recovery
  • Current asking price

The inventory on this website represents a portion of the current inventory available for sale. If you do not find the item you're looking for please Contact Us to be added to a buyers list describing assets you would be interested in or add yourself to our web sites buyers' interest for proactive e-mail notification here.