--- BUYERS' HINTS
---
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.
If you are successful in bidding, you will be required to pay a
deposit and give your full name and address . Deposit required is a
minimum of £300. The deposit may be
paid in CASH or CHEQUE (with cheque guarantee card). 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.
