MOTOR AUCTIONS
Schedule

How to Buy

The following is a guide for a first time buyer at an auction. How to Sell

Buyer

When you are in the auction hall and bidding on a vehicle, make your bids clear by raising your arm, and be certain that the auctioneer has seen your bid.

Payment for Vehicles

Congratulations - if you have got this far your bid has been accepted under the hammer or as a result of a provisional bid being agreed. Before you can take the car away a deposit must be paid to the rostrum clerk at the time of purchase. Vehicle deposit values are as follows:

  • up to £999 = £150
  • £1000 - £1999 = £250
  • £2000+ = £350
Settlement of the account can be made in cash, bankers draft or debit/credit card.

Cars Sold with Warranty

Your warranty lasts up to one hour after the end of sale. Warranties do not cover bodywork, tyres or interiors. Any complaints must be a major mechanical fault. If there is anything you are unsure of, please ask a Motorauctions member of staff.

Cars Sold as Seen

No complaints can be accepted once the car has been sold. The car has been sold with all its faults.

Provisional Sales

The seller is allowed to place a reserve price on a vehicle. The auctioneer must not sell below the reserve price. If your bid is the highest bid received but is below the reserve price, the auctioneer may 'provisionally' sell the vehicle. This is subject to the seller accepting the highest bid.

Provisional Bid

If your bid is a provisional bid, you must then be prepared to wait to find out if your bid has been successful.

Indemnity Fees

When your bid has become an outright sale and you are the new owner, an indemnity fee is payable on all vehicles bought. Details on indemnity cover are found within the conditions of sale and entry.

Selling Descriptions

When describing the vehicle the auctioneer may use one of the following terms.
  1. "No major mechanical faults" - vehicles sold under this description should not have any major faults in the following: the engine, the gearbox, the clutch, the brakes, the steering, the transmission.
  2. "Specified faults" - the auctioneer will read out any particular defects notified by the seller.
  3. "Sold as seen (and with all its faults)" - such vehicles are purchased as they are and with no warranties whatsoever by the seller.
NO RESPONSIBILITY CAN BE TAKEN FOR ANY LOSS OR DAMAGE CAUSED WHILST THE VEHICLE IS LEFT ON OUR PREMISES.

CONDITIONS OF SALE AND ENTRY ARE FREELY AVAILABLE.

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