gFleeT Online Auction
STATE ONLINE AUCTION
OPENS: 3 DECEMBER 2019 at 09:00
CLOSES: 10 DECEMBER 2019 (From 12:00 - 2 min Auto-Extend)
- Staggered Closing / Lot Closing Speed - 2 lots per minute (From 12:00 - 2 min Auto-Extend)
VIEWING: 2-3 DECEMBER from 09:00-15:00
VENUE: 76 BOEING ROAD EAST, BEDFORDVIEW
NOTE: LOTS 3000 - 3062 are situated in Standerton. Call Jr 062 125 5423
In terms of section 55(1) of the CPA and as per clause 3.5 of Tirhani Auctioneers’ General Rules of Auction, goods/property are sold “voetstoots”, as is, where is in their present condition, with no express or implied guarantees or warranties regarding the condition and fitness of the goods/property for a particular use. Buyers bid at their own risk and are advised to inspect the goods/property on offer prior to the commencement of the auction in accordance with sub-regulation 28(5) of the CPA. Participation in the auction shall be taken as proof that the bidder has acquainted himself or herself with the condition of the goods/property.
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.
REG FEE: R10 000-00 (REFUNDABLE DEPOSIT)
VAT: NO VAT on the Online Bid Price ''hammer price''.
Admin Fee: R750.00 Plus VAT
COMMISSION: 5% (FIVE) plus VAT buyer's commission.
PAYMENT: EFT only. Strictly NO cash or cheques.
TO PARTICIPATE IN THIS ONLINE AUCTION, PLEASE DOWNLOAD THE BIDDER PARTICIPATION FORM (DOCUMENTS TAB BELOW).
By signing the Bidder Participation Form, you the bidder/buyer 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 Monday 9th December to auction@tirhani.co.za
TO PARTICIPATE IN THIS ONLINE AUCTION, PLEASE DOWNLOAD RULES OF AUCTION - BIDDER PARTICIPATION FORM. Please email back to - auction@tirhani.co.za by the cut-off date.
By signing the Rules of Auction and Bidder Participation Form, you the bidder/buyer 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.
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. Tirhani Auctioneers reserve the right to extend bidding, continue the bidding, or close the bidding. 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.
