The 60 day is the time limit for the EUC to be approved. Since yours is already back, you got your Paid in Full invoice, the 60-day period should be over, now you have 14 days to remove your trucks from the time you got your invoice back. Do you think this will be cleared up within 14 days?
MAYBE there will be an extension...but until I get official word, I'm not assuming that!
Jim
__________________
1962 M35A2, LDS 427, 11.00-20 Goodyear radials, For Sale
1971(?) M35A2, NDTs, may get bobbed
1 M105A2, rough, work trailer
It is a wonder how we are even able to do recoveries. They give you 14 days to pick up, but the site managers often tell you that you only have 1 specific day with a 2 hour window to do it.
Without going to look at the terms and conditions, does it says 14 calendar days or 14 working days to pick up items. If items are only available for pickup 2 working days a week, shouldn't that give us 7 weeks to pick stuff up?
Without going to look at the terms and conditions, does it says 14 calendar days or 14 working days to pick up items. If items are only available for pickup 2 working days a week, shouldn't that give us 7 weeks to pick stuff up?
Copy and paste of the typical time limit:
Load by appointment only within 14 days of a paid in full invoice. Contact site manager for appointment.
Nothing about working days, GL days, or any other details. Pretty safe to assume its just 14 calendar days.
Just found this in the Terms & Conditions:
A schedule for removal of property will be established for each sale. You must remove all property awarded within this time limit. If for any reason removal cannot be completed within the time period, it is your responsibility to arrange with our site manager for an extension of time. We are not responsible for property that is not removed within the time allotted. If property is not removed within the specified removal period or scheduled for removal at a later date with our site manager, we will consider the property to be abandoned by you, and you will have abandoned all right, title and interest in the property including the purchase price of the property. We are not required to send abandonment or late removal letters to you prior to exercising the right of abandonment.
So they CAN grant an extension, but don't have to. And if they choose not to, we lose everything we paid. Hopefully they grant them, since this is in no way our fault!
Oh yea...but if an extension is granted, we can be responsible for storage fees:
Any extension of the removal period may result in Buyer incurring storage charges. You agree that, unless waived in writing by GL, you are liable for storage charges for all items not removed within the removal period.
Jim
__________________
1962 M35A2, LDS 427, 11.00-20 Goodyear radials, For Sale
1971(?) M35A2, NDTs, may get bobbed
1 M105A2, rough, work trailer
Based on folks still getting their paid-in-full invoices and picking up trucks, I do not think the EUC clock is stopping.
The hold status did not come down until Friday afternoon so we do not know that EUCs are still getting processed at this point. I would bet that they are not.
I would also bet that this has to do with the m35a2s getting pulled from the last auction cycle and it just took two weeks for the hold order to make its way down to GL.
__________________ I drive a truck named: "The Big Green Cow" That is what happens to your manhood when you have kids
Load by appointment only within 14 days of a paid in full invoice. Contact site manager for appointment.
Nothing about working days, GL days, or any other details. Pretty safe to assume its just 14 calendar days.
Just found this in the Terms & Conditions:
A schedule for removal of property will be established for each sale. You must remove all property awarded within this time limit. If for any reason removal cannot be completed within the time period, it is your responsibility to arrange with our site manager for an extension of time. We are not responsible for property that is not removed within the time allotted. If property is not removed within the specified removal period or scheduled for removal at a later date with our site manager, we will consider the property to be abandoned by you, and you will have abandoned all right, title and interest in the property including the purchase price of the property. We are not required to send abandonment or late removal letters to you prior to exercising the right of abandonment.
So they CAN grant an extension, but don't have to. And if they choose not to, we lose everything we paid. Hopefully they grant them, since this is in no way our fault!
Oh yea...but if an extension is granted, we can be responsible for storage fees:
Any extension of the removal period may result in Buyer incurring storage charges. You agree that, unless waived in writing by GL, you are liable for storage charges for all items not removed within the removal period.
Jim
I think a lot is at the descretion of the lot manager. I had two trailers to pick up from the GL lot but it was only open, by appointment, one day a week till 1p. I had a 7 hour drive and was able to get only one at a time. I was told by the GL rep that he would work with me and not to worry. I think its mostly about storage space for incomming items. Nice guy, worked out fine.
I spoke with Marcus the local GL rep and he confirmed that it's radium in the gauges that they are worried about (he brought it up, not me). He said something like, there's widespread belief around the company that it's a bogus fear, and that it could be cleared up quickly. He wasn't yet sure what the process was going to be but said he would make some calls and get back to me. He was not aware that customers had been notified (in Friday's e-mail).
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