280 Witkoppen Rd, Fourways ,2188.
Cell: 083 718 8786 / 061 415 6729.
VAT No: 4690223831
BIDDERS REGISTRATION FORM
DATE: ____________________ BIDDING NO: ___________________
FINANCE PRE APPROVAL:
FINANCE APPROVAL AMOUNT:
THE TERMS & CONDITIONS FOR THE SALE OF MOVABLE ASSETS BY THE AUCTION
In respect of all goods offered for sale at the Auction, the highest accepted bidder shall be the purchaser. The Auctioneer has the right to control and regulate the bidding and may withdraw any goods on Auction at any time before the sale. On the fall of the hammer each sale shall be finalized and irrevocably concluded therefore the risks and benefits of the goods shall be passed to the purchaser. In the event of a dispute, the Auctioneer may appoint a purchaser or he/she has the right to re-auction the lot. The Auctioneer is not responsible for any error. The purchaser shall be deemed to have inspected and examined the goods which they have purchased prior to the Auction. All sales are final and sold :As Is” and therefore the onus shall rest upon the purchaser to appoint themselves with the condition and state of the goods purchased by them. Neither the seller of the goods or the Auctioneer gives any warranties/guarantees or make any representation in regards to the condition and state of the goods on Auction. All goods sold to the purchaser on Auction that remains on the Auction premises is at the owners own risk. All goods are exclusive of VAT and Auctioneers commission. The Auction will only give possession of the goods sold only after the full payment reflects into our account. Failure to comply with any of the conditions of the sale within the prescribed time, 48 hours, Gauteng Vehicle Auctioneers reserves the right to resell the goods at the next Auction. If in the event the purchaser decides to cancel the goods, therefore he/she is liable to pay a cancellation fee of Twenty percent of the bid price. The purchaser shall be bound by all announcements made by the Auctioneer at the commencement of and during the Auction irrespective of whether he/she is present. At the time of such announcements are made for all purposes including Litigation, relating to and arising from these conditions. The purchaser acknowledges that all information is true and correct on the registration form.
NB : - A R5000.00 registration fee is required for South African citizens and R10000.00 for Foreigners.
- WHEN PURCHASING MORE THAN ONE VEHICLE AN ADDITIONAL DEPOSIT OF R5000 WILL BE REQUIRED FOR EVERY VEHICLE
- Additional charges apply on your bid price ie. 10% Buyers Comm + 14% VAT.
- An admin fee of R2000.00 will be charged on each vehicle purchased.
- Vehicle Registration documents will take up to 21 days after full payment has been done.
- Please be advised that all goods purchased on Auction needs to be settled within 48 hrs from date of purchase.
- THERE IS NO GAURANTEE ON YEAR MODEL AND MILEAGE OF VEHILCES
In the event of purchasing any goods at the Auction on behalf of any other person, company or other entities hereby binds themselves as surety and co principle debtor for all goods purchased at the Auction. The purchaser hereby acknowledges and confirms that he/she has read and understood all the forgoing conditions and therefore binds themselves and gives surety for any principle on whose behalf he/she may be purchasing the goods for from the Auction.
HOW DID YOU FIND OUT ABOUT US________________________
SIGNED AT: GAUTENG VEHICLE AUCTIONEERS CLIENT SIGNATURE: _________________________
REFUNDED ACCEPTED BY: _________________________ ON THE _________________________ . SIGNATURE: _________________________
· Banking Details
Bank ___________________________________ Branch Code _________________ REFUND AMOUNT R_____________________
Account Number __________________________________________ Account Name __________________________________