1987 Caterpillar 953 LGP Crawler Loader
Lot Specifics
- Lot Number: PN47995-0001
- Location: Medford, NY 11763, United States
- Scheduled Close: Oct 23, 2012 2:30 PM CT
- Extended Bidding: 2 minutes (what is this?)
- Bids: 31
- Watch this item: Add to My Market
Description
1987 Caterpillar 953 LGP Crawler Loader
General
- Production Date: 1987
- Manufacturer: Caterpillar
- Product Model: 953 LGP
- Serial Numbers: 20Z00971
- Total Operating Hours: 9,577 Hours on Frame / 4,500 Hours on Engine (per seller)
- Additional Components/Attachments: 4-in-1 Bucket, EROPS, Heat
- Undercarriage condition Good
Condition
Per Seller: This is a nice machine and has been well maintained. It is ready to be put back into service.
Inspection: Inspections are permitted with appointment.
Removal: There is no load out assistance. Buyer is responsible for all labor, equipment, logistics and associated fees to pick up the unit. Location requires at least 24 hours notice prior to pick up. Removal Hours: Monday through Friday (9AM to 3PM)
As-Is, Where-Is
For shipping quote, see "Support Services" tab above.
This lot is offered with an asking price. Upon closing, if the asking price is not reached, the Seller reserves the right to accept or reject offers less than the asking price. This process may take up to 2 business days. Please take this potential delay into consideration when placing a bid.
Lot Terms
- This lot is subject to all auction terms and the AssetNation member agreement.
- Buyer's Premium: 10%
- ALL bids made by bidders are contractually binding and the selected winning bidder is required to complete all transactions. Defaulting bidders will be assessed a Default Penalty, as set forth in the Standard Fee Schedule, and will be barred from bidding.
- Payment in full is required within 3 days of the invoice date. A 2% late fee will be added for all payments received after that date.
- Removal Deadline: 7 days after the invoice is generated. Unclaimed items beyond the removal deadline are subject to additional fees and forfeiture. Please refer to our website rules.
- Removal Deadline: ~INT~ days after the invoice is generated. Unclaimed items beyond the removal deadline are subject to additional fees and forfeiture. Please refer to our website rules.
- This listing is offered with an asking price. If the highest offer does not meet the asking price, the Seller has 48 hours to accept the highest offer to generate an invoice to the Buyer. Please refer to our Website Rules for more information.
- Items in this listing are offered "AS IS WHERE IS" and the Buyer is responsible for all logistics, transportation, loading, and associated costs.
- Escrowed funds will be distributed to the seller upon the earlier of (i) removal of the goods or (ii) the second business day after the scheduled Removal Date, regardless of whether the goods have been picked up by such date.
- Any claims of material shortages in quantity or other material discrepancies of the goods from their posted description must be communicated in writing by submitting an online Claim Dispute form to AssetNation via the Customer Care Contact Us page prior to 5:00 p.m. (Central) on the second business day after the scheduled Pickup Date.
- Payment by Wire Transfer
- Payment by VisaTM or MasterCardTM on total transactions less than $7,500 USD or currency equivalent
- Payment by eCheck on total transactions less than $7,500 USD or currency equivalent
- Buyers that fail to remove 100% of items purchased, including any and all pieces/parts by the removal deadline will be considered in default. Dismantling of any kind, without express written permission from the location, is not permitted. Any items not removed will be disposed of. Failure to comply with this requirement may result in a $50 per lot/per day storage fee, fines or additional costs to the buyer.
- Bidders are obligated to complete transactions on all winning bids awarded to them. If a Seller chooses not to select a winner on any individual lot, bidders are still obligated to complete transactions on all lots they were awarded.
Contact PentonEquipmentAuctions.com about this lot.
Phone: (866) 469-7383
Email: PentonCustomerCare@assetnation.com

Medford, NY 11763, United States
If any bids placed within the extended bidding interval of the Lot End Time result in a change of the first place bid, the lot extends until no bids result in a change of the first place bid for the extended bidding interval.
The bid increment is the minimum amount required to beat the current high bid (winning bid). Bid increments change as the current high bid increases. Increments for this lot:
- If high bid is between $0 and $99.99, the increment is $2.00
- If high bid is between $100 and $499.99, the increment is $5.00
- If high bid is between $500 and $999.99, the increment is $10.00
- If high bid is between $1,000 and $2,499.99, the increment is $25.00
- If high bid is between $2,500 and $4,999.99, the increment is $50.00
- If high bid is between $5,000 and $9,999.99, the increment is $100.00
- If high bid is between $10,000 and $99,999.99, the increment is $250.00
- If high bid is between $100,000 and $199,999.99, the increment is $1,000.00
- If high bid is between $200,000 and $999,999.99, the increment is $2,500.00
- If high bid is between $1,000,000 and $9,999,999.99, the increment is $5,000.00
- If high bid is greater than $10,000,000, the increment is $10,000.00
*Please note: when a Max Bid has been placed, the system will auto-rebid using the increments listed above.
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