470 } WINTECH BEEBE 75HR-E3 B 10-18 75 TON CAPACITY RIGHT HAND ELECTRIC WINCH (2024)

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Frequently Asked Questions

TERMS AND CONDITIONS OF SALE
Subject to amendments and modifications announced by the Auctioneer at the time of the auction, all persons participating in the auction shall be bound by the following terms and conditions and as stated or otherwise set forth in the brochure and/or on the Auctioneer's website www.corpassets.com.

BUYERS PREMIUM:A 19% Buyers Premium will apply to On-line Bidders and Proxy Bidders at this sale.This sale will be conducted in USD dollars (USD).

INTERNET BIDDERS:Pre-Approval by the auctioneer will be required. All Internet Bidders require a deposit equal to 25% of their limit, plus the Buyer's Premium of 19% and must be made by Bank Wire Transfer. To ensure approval as a Bidder please make deposit arrangements as far in advance of the sale as possible.

PROXY BIDS:If you are unable to attend this sale we can act on your behalf. Contact our office at 416-962-9600 or visit our web site for more information on how to place a proxy bid, our Proxy Bid Policy and deposit requirements.

REMOVAL:Contact our office at 416-962-9600 or visit the Corporate Assets Inc. web site for more information and removal deadlines. Complete removal requirements are outlined below. Absolutely NO items may be removed while the auction is in progress.

GENERAL

  1. In order to register and participate as a bidder, Bidders are required to provide a minimum 25% deposit to establish their requested credit limit together with identification of either a valid Driver's License or Passport.
  2. The Auctioneer reserves the right to refuse any applicant the privilege of bidding, participating or attending the auction and may revoke such privilege at any time.
  3. Payment in full must be made immediately after the conclusion of the auction. Deposit payments or payments on account may be made in advance of the auction by way of bank wire transfer and any balance in excess of the balance owing will be refunded to the Bidder or Purchaser (as the case may be) after the auction. For International (Non Canadian and U.S. Residents) Purchasers, Webcast Remote Purchasers & Online Purchasers, payments shall be by way of bank wire transfer. For Canadian and U.S. On-site Purchasers, all payments shall be by way of wire transfer, certified cheque, bank draft, Interac, or company cheque accompanied with a valid bank letter of authorization guaranteeing irrevocable payment to Corporate Assets Inc. in the following format: "Name of Bank hereby guarantees irrevocable payment of cheques payable to Corporate Assets Inc. up to Amount in Words & Currency for purchases made by our client Name of Client. This letter is valid for purchases made at the auction of Name of Auction being held in City, State/Province on Date."
  4. Payments by way of Visa or Mastercard will ONLY be accepted for purchases and not for deposits, from Purchasers whose total invoice does not exceed $2,500.Payment by way of Interac e-Transfers will ONLY be accepted for purchases from buyers whose total invoice does not exceed $25,000. An Administration Fee may apply subject to the Auctioneer's discretion.
  5. A Buyer's Premium as posted on our website or announced, will apply at this sale.
  6. All applicable sales taxes arising on a sale shall be paid to the Auctioneer at the time of sale.
  7. All Articles will be sold to the highest bidder conforming to the bid process, provided that the Auctioneer reserves the right to sell articles by individual, grouped lots and "in bulk", as the Auctioneer deems appropriate. The Auctioneer reserves the right to sell on behalf of third parties, its own account or on the account of others. Should any dispute arise between two or more bidders or as to any bid, the lot in question may, at the Auctioneer's discretion, be immediately put up again and resold. The Auctioneer shall regulate all matters relating to the conduct of the auction and the Auctioneer's decision shall be final and binding on all bidders. The records kept by the clerk of the sale, shall in all cases be accepted by the bidder as final.
  8. The Auctioneer reserves the right to sell subject to reserve and to bid for its own account and for the account of others, whether by verbal or written proxy, all subject to prior sale.
  9. All sales shall be concluded as indicated by the Auctioneer and no Purchaser may thereafter revoke their bid. Title to the lots purchased shall not pass until payment in full of the purchase price is received.
  10. ALL SALES ARE FINAL, ON AN "AS IS WHERE IS", "IN PLACE" "WITH ALL FAULTS" BASIS WITH NO CONDITIONS OR WARRANTIES WHETHER EXPRESSED, IMPLIED, STATUTORY OR OTHERWISE, INCLUDING WITHOUT LIMITATION, WARRANTIES OR CONDITIONS AS TO TITLE, DESCRIPTION, FITNESS FOR PURPOSE, QUANTITY, QUALITY, MERCHANTABILITY, STATE, CONDITION, LOCATION OR OTHERWISE. NO SALE SHALL BE INVALIDATED AND THE AUCTIONEER SHALL HAVE NO LIABILITY FOR A MISDESCRIPTION OF ANY ARTICLE OR LOT WHETHER CONTAINED IN A CATALOGUE, ADVERTIsem*nT, ORAL ANNOUNCEMENT OR OTHERWISE. DESCRIPTIONS HAVE BEEN PREPARED FOR GUIDE PURPOSES ONLY AND SHALL NOT BE RELIED UPON BY THE PURCHASER FOR ACCURACY OR COMPLETENESS. PLEASE INSPECT ALL ITEMS BEFORE BIDDING. PURCHASERS SHALL BE DEEMED TO HAVE RELIED ENTIRELY UPON THEIR OWN INSPECTIONS AND INVESTIGATIONS.
  11. No article shall be removed unless paid for in full and all articles purchased shall be removed within the guidelines and terms stipulated. The Purchaser shall be responsible for all costs of removal and shall be liable for any damages, including without limitation, any environmental damage, caused during or as a result of the removal. Purchasers shall comply with all environmental laws and regulations and all requirements established by the Auctioneer for the removal of articles, including providing proper insurance and which Riggers may operate on site; please refer to the "REMOVAL REQUIREMENTS" below or on the inside back cover.
  12. No Purchasers may assign, transfer or dispose of their rights in any article purchased before they have paid the purchase price in full. Notwithstanding, these terms and conditions shall continue to be in effect and automatically transferred to any assignee or transferee.
  13. Where available, documents of transfer, including motor vehicle ownership documents, which are in possession of the Auctioneer, will be provided to the Purchaser following the auction or as soon thereafter as such documents become available.
  14. The Auctioneer assumes no responsibility or any liability once title passes, which occurs at time of payment in full. Purchasers are advised to prearrange for insurance coverage of their purchase(s).
  15. Time shall be of the essence. Title will revert to seller in the event Purchaser does not remove their purchase by the time specified. If a Purchaser fails to make payment or remove goods within the time periods herein above provided, the Auctioneer may resell the article purchased by auction, private contract or otherwise, as the Auctioneer in his discretion deems advisable. If the Auctioneer makes a good faith attempt to resell the article but cannot, he may dispose or scrap the article.
  16. The Purchaser shall be liable for the shortfall and all costs and expenses incurred in such resale or scrapping, as described in paragraph These costs and expenses include, but are not limited to, attorney fees, court costs, law enforcement costs, moving and storage costs, and any other commissions incurred or fees assessed by the Auctioneer. Attorney fees and costs include, but are not limited to, such fees and costs incurred in the pursuit of a claim, judgment or a citation against the Purchaser(s) and/or any Guarantor(s).

These terms and conditions together with any amendments or modifications expressly made by the Auctioneer at the time of the auction constitute all the terms and conditions with respect to the sale of articles at this auction. There are no representations, warranties, terms, conditions, undertakings or collateral agreements except as hereinabove provided.

The Auctioneer reserves the right to put articles back up for auction if a deposit is not received at or before the time of sale.

Download Full Payment Information | Download Buyer Deposit Form

CAD Wire Transfer Details | USD Wire Transfer Details | GBP Wire Transfer Details | EUR Wire Transfer Details

REMOVAL REQUIREMENTS

The following are terms & conditions to abide by for all Purchasers, their employees, riggers, machinery movers, contractors and agents; (who will be further referred to as "Purchasers/Movers/Riggers"), who participate in the disconnection and/or removal of items purchased at auction.

All invoices must be paid in full before commencement of removal. Check with Corporate Assets Inc.'s site representative and Accounting Department if you have any questions.

  1. Purchasers/Movers/Riggers are responsible to remove all articles purchased. "CI" on the purchaser's invoice designates that a proper certificate of insurance is required before any item marked "CI" can be mechanically removed. Furthermore, properly authorized rigger release instructions, in writing, are required by Corporate Assets Inc.'s office before a Purchaser/Mover/Rigger can commence removal of these items. This form can be downloaded from www.corpassets.com.
  2. PURCHASERS/MOVERS/RIGGERS SHALL BE RESPONSIBLE FOR PROPER DISCONNECTION AND TERMINATION OF ALL ELECTRICAL, WATER AND/OR AIR LINES TO YOUR EQUIPMENT/ARTICLE AS STIPULATED BY CORPORATE ASSETS INC'S ON-SITE REPRESENTATIVE OR AS ANNOUNCED BY THE AUCTIONEER; THE SHEARING OF ANCHOR BOLTS FLUSH WITH THE FLOOR; LEAVING YOUR WORK AREA IN A BROOM SWEPT MANNER; THE ERECTING OF SAFETY BARRIERS ARE REQUIRED WHERE PITS OR HOLES HAVE BEEN CREATED AS A RESULT OF EQUIPMENT/ARTICLE REMOVAL; THE REMOVAL, OFF THE PREMISES, OF ALL HAZARDOUS WASTE OR OIL CONTAMINANTS CONTAINED WITHIN OR ON THE PURCHASED ASSETS AND IN CONJUNCTION WITH ALL ENVIRONMENTAL LAWS; ANY SPECIFIC TERMS OR CONDITIONS INDICATED BY THE AUCTIONEER AT THE TIME OF SALE.
  3. All GAS line terminations are to be disconnected by a licensed gas fitter and done in accordance with any federal, state/provincial or local codes.
  4. All ELECTRICAL disconnects at entry point of machine/equipment, are to be done in accordance with any federal, state/provincial or local codes.
  5. Riggers must quote their customers in writing and shall be liable for all costs in order to comply with the above.
  6. Purchasers/Movers/Riggers must provide to Corporate Assets Inc., a certificate of insurance, adding Corporate Assets Inc. as an Additional insured, but only with respect to the operations of the Named Insured (i.e., Purchasers/Movers/ Riggers) at the Named Auction and Named Location, of not less than $2,000,000.00 evidencing statutory workers' compensation (or state/ provincial clearance certificate if applicable), employer's liability insurance, automotive and comprehensive liability insurance coverage (bodily injury and property damage) per person and occurrence.
  7. Where available, bridge cranes and/or other lifting device hoists may only be used by certified crane operators with insurance in place and only with the expressed written permission of the crane owner and/or Corporate Assets Inc. The amount of the Rigger's insurance deductible may be required by Corporate Assets Inc. as a security deposit.
  8. Corporate Assets Inc.'s on-site representative must examine all articles being loaded out of the premises.
  9. Purchasers/Movers/Riggers shall be held liable for all costs relating to damages and repairs to personal property and/or premises as a result of their negligence and/or their activities.
  10. General hours of removal at the premises are Monday to Friday from 8 AM to 5 PM, unless otherwise specified. Anyone requiring access outside of these hours or beyond our published deadlines is subject to a non-negotiable per diem rate at Corporate Assets Inc.'s sole discretion.
  11. NO EQUIPMENT/ARTICLE(S) SHALL LEAVE THE PREMISES UNTIL ALL THE AFOREMENTIONED HAVE BEEN COMPLETED TO THE SATISFACTION OF CORPORATE ASSETS INC.'S ON-SITE REPRESENTATIVE.

*For further information regarding rigging and removals, please visit the "Rigging/Removals" tab under each lot.

470 } WINTECH BEEBE 75HR-E3 B 10-18 75 TON CAPACITY RIGHT HAND ELECTRIC WINCH (2024)

FAQs

How heavy of a winch do I need for my boat? ›

Boat Weight To Winch Capacity Ratio

A commonly used ratio of boat size to winch capacity is 2 to 1. Example: a 2,200 lb boat requires a 1,100 lb winch.

How much can a 4000 lb winch pull? ›

The Lug-All 4000-20, with a 4,000-pound capacity, is able to lift 4,000 pounds vertically. The Lug-All 25-A, with a 3,000-pound capacity, is able to lift 3,000 pounds vertically. This system of capacity rating applies to every Lug-All Winch Hoist. However, many applications do not require vertical lifting.

How much can a hand winch pull? ›

Makes it easier to move an item by mechanical advantage. Available in all cranking types - hand crank, loop, ratchet styles. Designed for use with cable or strap. Capacities: 400 to 4,000 lbs.

How big of a winch do I really need? ›

You can calculate it by taking the gross vehicle weight and multiply it by 1.5. This is the minimum rating, but certain factors can make your winch capacity be exceeded. So, if your vehicle weighs 1.8 metric tons (4000 lbs) then choose a winch having at least 2.7 metric tons (6000 lbs) capacity.

Do I really need a 12000 lb winch? ›

For heavier 4WDs up to if you're towing a fifth wheel or camper trailer, you'll want a 12000-pound winch. It's important not to go smaller to save money as winches do have a limit and you don't want to spend the money only to destroy it on the first use.

How many lbs of thrust do I need for my boat? ›

Boat weight is the most important consideration to take into account when choosing a trolling motor. A beginning rule of thumb is that you want a minimum of 2lbs of thrust for every 100lbs. For example, if you have a 3000lb boat, fully loaded, then the calculation is (3000/100) x 2 = 60lbs of thrust.

How big of a winch do I need for a 3 4 ton truck? ›

As a general rule of thumb, aim for a winch with a capacity of at least 1.5 times the weight of your vehicle. This ensures sufficient power for most recovery scenarios while accounting for additional factors like incline, traction, and resistance.

What size winch to pull a car onto a trailer? ›

Because of this, etrailer.com recommends purchasing a winch with a line pull capacity at least 50% greater than the GVW (Gross Vehicle Weight). Note: Most trucks and SUVs will require a winch with a capacity around 6,000 lbs. However, there is little difference in price between some of the 6,000 and 9,000 lb winches.

What is the difference between a hand winch and an electric winch? ›

The main difference between hand winches and electric winches is how they're powered: hand winches use a handle and physical effort, whereas electric winches use an electric motor or battery.

Are hand winches any good? ›

Hand winches are like bicycles in that respect: independent of fuel other than muscle power, but tiring for the uninitiated to operate. Nonetheless, a hand winch is a very useful backup to a power winch and essential kit for solo-vehicle, off the beaten track travellers.

Can a winch pull a stump? ›

If you're looking to remove a stump from your property, grab your cable ratchet winch hoist and follow the steps outlined below! But, before you begin, make sure your hoist is rated for a capacity conducive to the size of the stump you are trying to remove.

Can I put a bigger cable on my winch? ›

It is always possible to put a larger diameter winch line for additional strength, but keep in mind that as winch line diameter increases, the length of the line has to decrease for it to fit on the drum.

What size winch for a 5000 lb truck? ›

5000 LB. truck x 2.0 = 10,000 LB. winch minimum. % Percent Incline Pulling Capacity (10,000 LB.

Do I need a bigger battery for a winch? ›

You will need enough Cold Cranking Amps (CCA) in the battery to power both your engine and winch. The battery must have the reserve capacity to supply enough power to the winch. A 12-volt battery rated up to 650 CCA will typically be enough for a 12,000 lb. vehicle which is the general standard for winches.

What will a 2000 pound winch pull? ›

The rated line pull of 2,000 lbs. will pull a rolling load of 10,050 lbs. up a 6 degree incline, but as the incline increases, the rolling load capacity will decrease.

How much weight does it take to pull a boat? ›

The average capacity you need for towing a boat is one that can pull an average weight of 1,800 lbs. Most towing vehicles don't have a problem towing a boat that weighs between 1,000 to 2,000 lbs. But since every vehicle differs, you must check the GVWR (gross vehicle weight rating) sticker.

How do you calculate what winch you need? ›

The industry standard to work out what winch you want for safe and effective recovery is to multiply the total vehicle weight by 1.5.

How much can a 2 ton winch pull? ›

The 2 ton (4,000 lb) load capacity is intended for use in workshops, on farms and ranches, construction, home projects, and automotive needs. The come along tool features dual gears and double locking pawl that distributes even pulling force allowing you to use only one hand while pulling heavy loads.

References

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