1) Decide in advance exactly what type of vehicle you require and how much you intend to pay.
2) We recommend you visit one or two of our auction sales before you decide to buy in order for you to familiarise yourself with our procedures and perhaps note sale prices achieved of certain vehicles.
Important: Take special care to listen to the auctioneer.
3) When you are finally ready to buy the car of your choice, 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 for it, then follow the car to the rostrum.
Important: All vehicles sold at auction are sold in accordance with conditions of business as prominently displayed and published. It is entirely your responsibility to take time to understand these conditions before you attempt to BUY.
All vehicles are auctioned under the following conditions:
4) Payment. Before you can bid, you are required to pay a £200 deposit and complete a registration form, then you will be issued a Bidding Number to allow you to bid on vehicles going through the auction. If you are successful in bidding, your deposit will go towards the purchase of that vehicle. Deposit required is a minimum of £200. The deposit may be paid in CASH or by DEBIT or CREDIT CARD, but there is a handling charge when using the DEBIT/CREDIT CARD.
5) Buyer’s Fee. A buyers fee plus VAT is charged on the purchase price of each vehicle.
6) Value Added Tax (V.A.T.). This is payable on most commercial vehicles and is calculated on the invoice price at the current rate.
7) Provisional Sale. Sometimes, the bidding on a vehicle may stop slightly short of the reserve price. At this point, the auctioneer may offer the last / highest bidder the OPTION TO PURCHASE subject to further negotiation with the vendor. This usually results in a successfully completed sale and the normal requirement for a deposit applies, as do standard auction rules.
8) Liability. At the fall of the hammer, the vehicle becomes the responsibility of the purchaser and therefore it is in your own interest to pay for and insure it at the earliest opportunity.