Terms & Conditions
VEHICLES
- The seller hereby agrees to pay Bid 2 Buy Auctioneers (Pty) Ltd a fee of 8 % of the final sale/bid price plus vat.
- In the event that the seller wishes to withdraw the vehicle for sale, the seller hereby agrees to pay Bid 2 Buy Auctioneers (Pty) Ltd a fee of P5,000.00.
- The seller will agree to deliver the vehicle to Bid 2 Buy Auctioneers (Pty) Ltd’s premises at an appointed time and date prior to the auction.
- The seller will give possession of the vehicle to the buyer upon full payment.
- Access to the vehicle will be agreed by mutual consent of all parties.
- The seller warrants the following is accurate according to his/her knowledge:
- The seller is the owner of the vehicle and is able without hindrance or impediment to give transfer of it forthwith.
- There are no special conditions attaching to the vehicle.
- That any securities or financial interests in the vehicle by other parties are satisfied before transfer of ownership.
- There are no steps towards expropriation of the vehicle or any part of it or any right in it.
- The seller hereby indemnifies Bid 2 Buy Auctioneers (Pty) Ltd of any claim of whatsoever nature arising from the sale of the property by auction or any damages patent or latent caused to the vehicle prior, during or post auction.
- In the event that the representation and warranties declared by the seller herein are discovered to be false or erroneous, then the sale maybe cancelled and the seller agrees to pay fees to Bid 2 Buy Auctioneers (Pty) Ltd (excluding VAT) of the accepted bid.
- The following documents must be provided by the seller:
- Original vehicle registration book
- Certified copy of Omang
- Board resolution (for companies)
- A registration fee of P350 plus VAT will charged to the seller.
- Bid 2 Buy Auctioneers (Pty) Ltd reserves the right to reject any vehicle.
- Terms and Conditions may change.
FURNITURE & SMALL ITEMS
- The client will bring the stock to Bid 2 Buy Auctioneers warehouse at their cost.
- The client is obligated to provide proof of identity when registering goods for auction.
- A goods received voucher will be filled in to receive the stock, and the client will sign for the stock that he or she has delivered to Bid 2 Buy and set the reserve prices if any for the stock to be put on auction.
- The customer will be charged 15% commission fee plus 14% VAT if the stock has been sold.
- If the stock is not sold on the first and second auction then the client has to come and collect the stock or reduce the reserve price of the items unsold by a minimum of 30% .
- If the stock is not collected, the client will be charged a storage fee of P 50.00 per item per day.
- Payment will be made to the client 14 working days from the time of Auction.
- Payments will be done as per the client request or instruction.
- Further terms and conditions may apply.
- The client undertakes to ensure that all goods are in the custody of Bid 2 Buy Auctioneers (Pty) Ltd.
- Bid 2 Buy Auctioneers (Pty) Ltd shall not be held responsible whatsoever for any damages, breakages or losses by any party.
- There shall be no guarantees on any items being sold.
- Delivery and collection times will be 9am – 1pm & 2pm -4pm on weekdays.
REAL ESTATE
Terms and Conditions will be given upon request