Deposit: A $2,500 credit card deposit is required at the time of registration. The credit card on file will be authorized the deposit amount, which will be charged if you are the winning bidder. An invoice for the balance will be provided after the close of the auction.
Final Payment: All items must be paid in full within 48 hours (2 business days) from time the bid approval email is sent by bank wire, cashier’s check or credit card (up to $20,000 maximum for credit card purcheses. The balance due with bank wire or cashier's check). Cashier’s checks are made payable to CWS Marketing Group, Inc. See Terms of Sale for details. For lots that do not meet reserve, and the bid is approved after the sale, the Buyer will have 48 hours from the time notification is sent to make final payment.
Removal: Removal is the responsibility of, and at the expense and risk of Buyer. CWSAMS, nor the agencies represented, ship any property. If shipping is desired, it is the sole responsibility of the buyer. Therefore it is strongly recommended that buyers look into shipping arrangements prior to bidding. A list of local companies buyer's have used in the past is available in the sale terms.
Removal must be completed on or before the:
10th business day from the buyer's receipt of the FAA Bill of Sale. Receipt of the Bill of Sale can take 21 days or longer. Bidders are urged to research removal/storage options for aircraft early on in the bidding process. No work may be done on the aircraft at the current storage facility, unless the buyer and storage vendor have entered into an agreement to do so. Any such agreement is stricly between the buyer and storage vendor, and the sale is not contingent upon any such arrangement, nor is the storage vendor obligated to enter into one.
Removal is by appointment only and should be made by the Buyer with the storage vendor only after Buyer has received the necessary Property Release Document. Please see Removal Details for complete removal information.
