MAKHADO LOCAL MUNICIPALITY ONLINE AUCTION

MAKHADO LOCAL MUNICIPALITY

Opens on 24th August 2021 at 10:00 and closes 26th August 2021 from 14:00

Staggered Closing / Lot Closing Speed - 2 lots per minute (From 2pm + 2 min Auto-Extend)

Viewing: Tuesday 24th - 25th August 2021 from 09:00 - 15:00

Venue: 83 Krogh Street, Makhado 

Note that certain lots are situated in different locations - please refer to the information in the individual lot description.

IMPORTANT INFORMATION:
•You will be required to wear a face mask at all times.
• No face mask will lead to no entry to the premises.
• You will need to adhere to the screening and sanitising requirements at the auction site.
• Vehicles will not be started. Photos & Videos (if available) will be available on the Online Catalogue.

TO PARTICIPATE IN THIS ONLINE AUCTION, PLEASE COMPLETE THE BIDDER PARTICIPATION FORM (DOCUMENTS TAB BELOW). By signing the Bidder Participation Form, you consent and agree to be bound by the Auctioneers General and Specific Rules of Auction in addition to any other conditions specified by the Auctioneer or the Seller. These Rules of Auction are not negotiable, so if you do not agree with them do not register to bid on this auction.

Please ensure all your documentation is sent back for verification by close of business on Wednesday 25 August to auction@tirhani.co.za

Registration fee: R5,000.00 – Please submit ID copy, proof of address (NOT older than 3 months) together with your completed Bidder Participation Form.

VAT: NO VAT will be added to the bid price.

Admin Fee: No Admin Fee. PLEASE NOTE THAT SOME LOTS DO NOT HAVE VEHICLE REGISTRATION PAPERS AND WILL BE SOLD WITHOUT. PLEASE REFER TO THE INFORMATION IN THE INDIVIDUAL LOTS.

Buyers Commission: No Buyers commission 

Payment: EFT only. Strictly NO cash or cheques.
 

GOODS/PROPERTY DESCRIPTION - Vehicles are sold according to year of first registration on Natis document, if applicable, and not year of manufacture year. The year of manufacture is unknown to Tirhani Auctioneers or the Department and no queries will be entertained regarding year of manufacture.

NOTES: RESERVE: This auction is 'With Reserve'. Although you may be the ‘High Bidder’ for a Lot, note that if the Reserve is not met, there is no commitment from the Seller to sell. The sellers shall be entitled to instruct the auctioneer to accept a lower bid. The Auctioneers reserve the right to refuse or accept the bid of any bidder should they be unable to satisfy any of the above notices or the Rules of Auction.

Please note that if you are the successful bidder on more than one lot, you will be invoiced for all your successful bids. You cannot choose or select which lots you will take!

Runner

If the vehicle is sold as runner, it does not necessarily mean that it can be driven off the auction site. Our staff may have had to jump start the vehicle, and in some cases, bridge the ignition if no key is available. In these circumstances, it is the buyer’s responsibility to then bring the necessary equipment to start the vehicle so that it can be driven away.

Non Runner

Vehicles sold as non-runners would have to be collected by the buyer with a Break-Down Recovery Vehicle.

Reference to a vehicle as a “RUNNER”, and the act of starting a vehicle must not be construed as any warranty or guarantee, implied or otherwise. In fact, vehicles that are started (or video footage provided) during the online auction may not even have batteries or keys. 

The information provided in the Lot description are merely a guideline. Buyers must view and judge for themselves.

EXTENDED BIDDING (Auto Extend): This auction features EXTENDED BIDDING. Any lot with a bid within 2 (TWO) minutes of its scheduled closing time will remain open for bids past its normal close; it will go into extended bidding. Staggered Closing / Lot Closing Speed - 2 lots per minute

MAX BIDDING: When you place your maximum bid, it will be placed at the reserve price if said max bid exceeds the reserve. If the Max Bid amount is below the reserve, the bid will be placed for the full amount. The 'System' will automatically bid against you at the set increment until reserve is met, at which point the system will stop. If you are the highest bidder, the lot will be sold to you, unless another bidder out bids you.

TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software, Internet or any other online auction-related technologies, Tirhani Auctioneers reserve the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software, nor Tirhani Auctioneers shall be held responsible for a missed bid or the failure of the software to function properly for any reason.

NOTICE TO BIDDERS

1. THESE VEHICLES / ASSETS ARE SOLD “VOETSTOOTS”.
2. THE SELLER HAS NO DUTY TO REPAIR.
3. NO VEHICLE MAY BE RETURNED AFTER PURCHASE IRRESPECTIVE OF THE CLAIM.
4. THE LOT DESCRIPTION AS PROVIDED BY THE AUCTIONEER IS NOT CONCLUSIVE. IT IS THE BIDDERS RESPONSIBILITY TO MAKE SURE THE SPECIFICATIONS ARE CORRECT.

IF YOU ARE NOT PREPARED TO ACCEPT THESE CONDITIONS, DO NOT BID ON THIS ONLINE AUCTION.

Bidding Increments:

R1,000 (up to R50,000)

R1,500 (up to R70,000)

R2,000 (up to R200,000)

The control of the auction shall be entirely managed by the auctioneer, who has the sole right to regulate the bidding process and control the bid increments. The auction will be conducted per rising bid in South African Rands.