Make sure that you attend our viewing day, which is usually 1 day prior to the auction. You need to familiarize yourself with the condition of the goods before bidding, as all assets are sold “free of duty to repair.”
You will have to complete a buyer’s card. Please make sure that all details are correct, as no invoice will be amended after the auction.
Deposit and Fica:
A deposit of R10,000.00 will be required for this auction. The deposit is payable by EFT, bank, and bank guaranteed cheque or cash deposit into our bank account. (Kindly note: Cash deposits carry a deposit fee which is for your account). The deposit in full is refundable if no purchases were made. We require your FICA documentation before we are able to issue you a buyer’s card. (Please see the FICA requirements set out in our catalog alternatively, on our website).
Each vehicle is sold individually. You have to pay for all vehicles that reflect on your invoice. You are not allowed to pay only for the ones you like.
Your bid price (hammer price) + buyer’s commission + vehicle documentation fees + VAT = final invoice amount.
Payment must be made before the closing of business on the day of the auction. You may deduct the deposit already paid from the total invoice amount. The full amount can be paid by EFT, bank or bank guaranteed cheque or cash deposit into our bank account. (Kindly note: Cash deposits carry a deposit fee which is for your account). We do not accept credit/debit cards for full payment nor any cash on site.
Registration document process:
We issue you with a dealer stock registration document. You, as the new owner, needs to roadworthy, register and license the vehicle in your name within 21 days after the auction.
Removal of assets:
No assets may be removed from the premises during the course of the auction or afterward without full payment being made first. All vehicles should be removed by Friday. Thereafter a storage fee of R250.00 (excl. VAT) per lot, per day will be charged.
- Make sure you do not overpay.
- Ensure that you have taken all costs into account (buyers commission, VAT and documentation fees).
- Only bid on behalf of yourself.
- Do not wait for the last opportunity to bid as you might lose out. Make sure the auctioneer or a groundsman sees you and acknowledges your bid.
- Once the hammer has been knocked down on you, items cannot be canceled.