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Decide in advance
exactly what type of vehicle you require and how much you intend to
pay.
Make a few visits to the
Auction beforehand to note the prices achieved and watch the sales
in progress. IMPORTANT: Take special care to listen to the
auctioneer.
When you are ready to
bid for a vehicle, you should obtain a buyer's number from the
general office. This would be given on receipt of £300.00 cash
deposit, which is refundable should your bid be unsuccessful. Please
note that you will be unable to make a bid without a deposit receipt
and suggest that you pay your deposit before the sale commences.
When you have paid your
cash deposit and are ready to bid on the vehicle of your choice,
please examine it as carefully as possible before it is driven into
the auction ring, make a note of the lot number, decide how much you
are prepared to pay, then follow the car to the rostrum.
IMPORTANT:
Take special care to listen to the auctioneer. All vehicles offered
for sale at our auction, are sold on a "sold as seen" basis and no
complaints or rejections will be entertained after the sale.
There is a buyer's
premium including VAT on every sale which is as follows ....
| Cost
of Vehicle |
Buyers
Premium |
| Up to £399 |
£75
incl VAT |
| £400
- £1499 |
£100
incl VAT |
| £1500
- £2999 |
£120
incl VAT |
| £3000 - £4499 |
£140
incl VAT |
| £4500 - £5999 |
£160
incl VAT |
| £6000
- £7499 |
£180
incl VAT |
| £7500
PLUS |
£200
incl VAT |
You
must remember to add this to the purchase price of every
vehicle on the premises.
If you are successful
with the purchase of a vehicle, you must ensure that it is
paid for in full, by midday on the working day following the
auction.
Provisional
Bids
Sometimes the bidding on
a vehicle may stop slightly short of the reserve price. At this
point the auctioneer will offer the vehicle for sale on a
provisional basis. This means that the bidder, having given his
deposit number, retains the option to purchase subject to further
negotiations with the vendor. If this results in a successful sale
the normal requirements for payment applies, as do the standard
auction rules.
Liability
At the fall of the
hammer or the completion of a provisional sale, the vehicle becomes
the responsibility of the purchaser and therefore it is in your own
interest to pay for and insure it at your earliest opportunity.
Copies of our
conditions of sale are available from the general office, should you
require them.
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