800.329.0036 info@karlindaniel.com

ONLINE AUCTION ONLY

2001 BMW 740


Karlin Daniel & Associates has been authorized to sell this 2001 BMW 740 that was seized by the Minneapolis St Paul Airport Authority. There is no reserve on this luxury car auction and this BMW will sell to the HIGHEST BIDDER REGARDLESS OF PRICE! 

ONLINE BIDDING ONLY
Began: 03/11/11 at 4:00 PM EST
Ended: 03/31/11 at 7:00 PM EST

This 2001 BMW 740 was seized by the Minneapolis St Paul Airport Authority and recovered by the City of Stuart Police Department.  It was located by Stuart Police at a local transmission shop and towed to the City of Stuart impound lot in Stuart, Florida.  The exhaust system was removed to access the malfunctioning transmission and is selling with the automobile but uninstalled.  The title has been transferred to the Minneapolis St Paul Airport Authority and is held in trust by Karlin Daniel & Associates to complete with the buyer’s name.  There is no reserve on this auction and this automobile will sell to the HIGHEST BIDDER REGARDLESS OF PRICE! 

Exterior Color: Beige   Interior Color: Beige   Mileage: odometer shows 129,527 miles

UPDATE: This vehicle DOES NOT have a transmission, it was repaired by AAA Transmission in Stuart, Florida and was not seized by the law enforcement agency! It is our understanding that the transmission is available and for sale.

Condition: Mechanical Repairs Needed

THE FOLLOWING FEATURES ARE TYPICALLY FOUND ON THE BMW 740, HOWEVER NOT VERIFYIED ON THIS VEHICLE.

  • 3-Point Rear Seat Belts
  • 4-Wheel Disc Brakes
  • Adjustable Steering Wheel
  • Air conditioning
  • Alloy Wheels
  • AM/FM Stereo
  • Anti-lock brakes
  • Anti-Skid Control
  • Auto-Dimming Rearview Mirror
  • Automatic Transmission
  • Bose Sound System
  • Cargo Lamp
  • Cassette player
  • CD player
  • Center Arm Rest
  • Center Console
  • Child-Proof Door Locks
  • Climate Control
  • Clock
  • Coolant Temp. Gauge
  • Courtesy Lights
  • Cruise control
  • Cup Holders
  • Daytime Running Lights
  • Digital Clock
  • Driver airbag
  • Dual Exhaust
  • Dual Power Mirrors
  • Energy-Absorbing Panels
  • Floor Mats
  • Fog Lamps
  • Halogen Headlamps
  • Head Protection System (Airbags)
  • HomeLink
  • Interior Hood Release
  • Interval Wipers
  • Keyless Entry
  • Leather seats
  • Leather Steering Wheel
  • Leather Upholstery
  • Map Light
  • Memory Seat(s)
  • Metallic Paint
  • Moonroof
  • Panic Button
  • Passenger airbag
  • Power Brakes
  • Power locks
  • Power seats
  • Power Steering
  • Power windows
  • Rear-Wheel Drive
  • Side airbags
  • Side Impact Protection (SIPS)
  • Third Brake Light
  • Traction Control
  • Wood Trim
  • Xenon Lights

This information was obtained from sources deemed reliable.  However, no warranties or representation, express or implied is made as to the accuracy of the information contained herein.

Payment instructions:

Buyer is required to make a $500 deposit (wire transfer or cashier’s check) within 24 hours of being declared the winning bidder. Payment in full (wire transfer or cashier’s check) is due within 3 business days following the close of the online auction and BUYER shall supply Auctioneer the information required to complete the title documents.

No removal of vehicle until purchase has been paid in full.

$5.00 mailing fee for U.S. Registered mail delivery of signed and completed title documents.

Terms and conditions:

All payments for purchases are due upon the Bidder being declared the Buyer unless otherwise specified. Any late payments are subject to extra fees and penalties at the discretion of Karlin Daniel & Associates. Any delinquency in payment WILL lead to disabling of a Bidder account and making all future bidding unavailable on Proxibid. Your Bidder registration has been researched before approval for bidding at the auction. The charge card provided on file was verified for identity purposes prior to approval. Bids may not be cancelled once made and no cancellations are accepted for any reason on any purchase through Proxibid. No exceptions.

All property is sold “AS IS”, and ALL SALES ARE FINAL. It is the Bidder’s responsibility to determine condition, age, genuineness, value or any other determinative factor. Karlin Daniel & Associates uses diligence in attempting to describe items selling in advertising, on the Internet and at the auction but makes no representations. Karlin Daniel & Associates makes no representations that result in any implied warranty of merchantability or fitness for a particular purpose. Bidder shall be the sole judge of value.

Bidders who bid from off site and are not present at the live auction or preview understand and acknowledge that they are at least 18 years old and are assuming any responsibility regarding condition or fitness of item as well as if they examined it in person. It is the Bidder’s responsibility to determine condition, age, genuineness, value or any other determinative factor. Karlin Daniel & Associates shall endeavor to describe in detail each item and any pertinent information about it. Karlin Daniel & Associates will not be responsible for any errors or omissions in the description of the merchandise unless it is a material and intentional misrepresentation of the item being sold. Bidder agrees that everything is sold “AS IS” and that they may not return any item they purchase.

Karlin Daniel & Associates and the Seller are providing Internet pre-auction and live bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall Bidder have any kind of claim against Karlin Daniel & Associates and the Seller or anyone else if the Internet service fails to work correctly before or during the live auction. Karlin Daniel & Associates will not be responsible for any missed bids from any source. Internet Bidders who desire to make certain their bid is acknowledged should use the proxy-bidding feature and submit their maximum bid 24 hours before the auction begins. The Bidder/Buyer hereby agrees to indemnify Auctioneer and/or Seller from any claims, demands, liability, loss or damage brought by third parties against Auctioneer arising from, out of or relating in any way to the Auction which are in any way attributable to any acts or omissions on the part of the Seller, or attributable to any acts, omissions, fault or negligence on the part of Auctioneer, its officers, directors, employees or agents. And the Buyer hereby agrees that any suit, action or legal proceeding arising out of or relating to the auction shall be brought solely and exclusively in the courts of the State of Florida in and for Martin County, Florida, and consent to the jurisdiction of such court in any suit, action or proceeding and waive any objection which it may have to the laying of venue of any such suit, action or proceeding in such court. Further, the parties acknowledge and agree that this Auction Registration and all transactions contemplated by this Auction Registration shall be governed by, construed and enforced in accordance with the internal laws of the State of Florida without regard of principles of conflicts of laws. The Bidder/Buyer hereby acknowledges and understands the complete terms of this auction by virtue of entering a bid.

Vehicle Dealers: Please fax or email to Karlin Daniel & Associates a copy of your valid dealer’s license upon being declared the winner of the vehicle.

Vehicles are subject to sales tax collected at the tax office where vehicle is to be titled.

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2001 BMW 740

Karlin Daniel & Associates, Inc

http://www.karlindaniel.com

6495 SW Martin Hwy Palm City, FL 34991

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