Inventory
Our clients (Leasing Company, Banks, and Bankruptcy Courts) engage AR to recover and remarket assets in default and/or non-performing. AR recovers their assets, warehouses them and offers & sells them on behalf of the Client. The assets will be insured as inventory (property) belonging to another party.
As a general rule, AR does not buy such assets for their own inventory, but will under certain circumstances and when/if the Client prefers an immediate sale. [Click for More]
Inventoried assets are assigned a tracking number. AR will perform a desktop or on-site appraisal of the asset, which along with considerable input from our client, will help determine the asset's Asking Price. Assets are marketed at the Asking Price are subject to change without notice, and all offers including offers at the asking price are subject to review and acceptance by our client. Every effort possible to determine condition and operability of an asset is used in our testing, evaluation and appraisal process.
Please see the Terms & Conditions of sale. AR will disclose any and all known pertinent facts related to an asset. Our base knowledge on any given account is as follows:
- Original vendor
- Date of purchase
- Place of recovery
- Condition 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.
Sales Policy
All sales are on a cash, cashier's check, or wire transfer basis. We are setup to handle payment by AMEX, Visa, and Master Card; our internal policy limits credit card payments to transactions of less than $10,000. No sale is final until funds are received by AR. [Click for More]
Items may be placed on hold with "sale pending," provided a non-refundable deposit of no less than 20% is received. Items will be placed on hold for a length of time determined at the time of deposit.
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 buyer's information.
Offers may be made in three ways:
- Online – by making an offer online
- Fax - by completing the Offer Sheet and faxing it back to AR at 704-841-1200
- Phone - by contacting an AR representative
Terms and Conditions of Sale
All equipment is sold "as is, where is", with no warranties implied or given. AR makes no express warranty of any kind and disclaims all implied warranties, including warranties of merchantability and fitness for a particular purpose. Further, no commitment is made by AR as to the functionality or condition of any item. The Buyer is responsible for the transportation and loading of the purchased equipment to the Buyer's location. [Click for More]
All purchased equipment must be removed from AR's facilities or its location within five (5) working days or be subject to storage fees. AR 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.
In the event that buyer engages AR to provide one or more Buyer Services, then the terms of those agreements shall be binding and take priority over the general terms and conditions of sale in this provision.
*Complete Terms And Conditions of Sale can be found on buyer's invoice at the time of purchase or by contacting an AR remarketing representative at 877-740-9820.
Shipping
Purchased items are packaged, loaded, and shipped at Buyer's expense. Details and requirements regarding the shipment of purchased assets will be arranged between the Buyer and AR; the Client has no involvement or obligation.
Logistics
Upon request, we prepare and send our estimated expenses that span the complete Recovery process, including the first months' storage and a fully documented condition report with images of the equipment before and after the recovery.[Click for More]
