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NE SD | Iron planet auction company has a couple excavators that I might possibly be interested in on there auction next week. I registered to bid and they automatically approved me up to 150k without contacting lender which surprised me. I understand there is a buyer premium of 975 if over 32k purchase price.
What other possible surprises should I be aware of? I see they have something called "ironclad assurance". What does this mean or is there some type of warranty? Is it possible to contact them and find anymore info out on a piece of equipment, such as previous owner?
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