Terms and Conditions

Updated August 6, 2026

Lot number	1b
Auction	New, Returned, and Overstocked Items
Date	August 7, 2026 at 6:00 PM EDT
Auction house	Ruito Trading Inc.
Location	Mississauga, ON

Registration - It is important to provide accurate information in relation to your credit card. The address on file must match the billing address on your file for payment to go through. - At the time of registration, your Hibid reputation score will determine whether you are approved to bid in our auctions or not. If your score is 0 (NEW ACCOUNT BIDDER) or there are negative notes from other auctioneers, you will not get approved to bid with our auction, unless you provide us with a deposit. - The deposit will be a total of $300 CAD, that is refundable if you are not a successful winner. Otherwise, it will be applied to your invoice. During registration, you may also indicate your preferred payment method (Debit/Cash/E-transfer). Please note that for customers requiring invoice shipping, the option selected during bid registration does not apply. Kindly refer to the instructions specified in the invoice email for the correct shipping procedure. --------------------------- Bidding - All our bids are final and cannot be reversed. Please do your due diligence in making sure that you do want the product before placing a bid. Bidding by any mistake will not apply to Return and Refund Policy. - You can ask questions about products during the auction using the "Contact Auctioneer" button. We cannot guarantee we can answer all questions on weekend as we are closed. However, questions will be answered during weekdays. - We have the right to add or remove any items on the current running auction. This is usually done to ensure product information accuracy and to avoid any possible mistakes. --------------------------- Invoices - Invoices will be created within 24 hours after the auction close. Our invoices will include item quantity and description, detailed breakdown of payment (Total extended price, Buyer Premium, Handling fee,Tax, and Invoice total). - All our invoices will include a 16% buyer premium auction fee , 1.5% surcharge on all the payment made by Visa and Mastercard, $1 CAD per item handing fee and 13% sales tax. --------------------------- Payment -We do not accept credit card payments over $300. For payments exceeding this amount, please use debit, e-transfer, or Cash Only. -Payment is due within 24 hours after auction close. If the card on file is declined, it will be your responsibility to remit payment and clear the outstanding balance, otherwise your items have a high potential of being considered abandoned, and a very high risk of getting blocked from bidding with Ruito Trading Inc. - If you plan on making payment in-person, please bring your invoice, and you may pay with our card reader. For E-transfers Payment, please make your payment to [email protected]. When making an E-transfer, please include your invoice number so we can know this payment is for the specific invoice. - If you would like to do cash at pick up, please also mention it while registering, and please bring exact change as we may not c

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