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Motor Auctions
Other Auctions & Sales
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Motor AuctionsUseful Hints for SellersThe auction represents a very efficient means of converting your used vehicle into cash. At each of our weekly sales, cars and light commercial vehicles are offered for sale to an audience of up to 500 people ALL POTENTIAL BUYERS. If you are selling your car at auction for the first time, it is worth considering the following points; 1 Make every effort to present your car in the best possible way. Ensure that it is cleaned and polished inside and out. Write clearly on the entry form giving all the vehicles details. REMEMBER – misleading descriptions may make the owner liable to prosecution under the various trading standard laws & you will be charged commission in the event of a cancelled sale. 2 Include all relevant documentation i.e. The REGISTRATION DOCUMENT / V5C (with appropriate sections completed and signed) M.O.T. CERTIFICATE, TAX DISC and any SERVICE HISTORY. 3 Bring the car to the auction as early as possible on the day of the sale or, preferably, the day before. Time permitting, vehicles arriving at the auction before the day of sale will be photographed and advertised on the Web Site in the correct catalogue. 4 Our experienced staff and professional auctioneers will be pleased to assist in providing a valuation and advise a suitable reserve price to ensure the best chance of a sale. 5 Reserve Price. Vehicles over 10 years old and without a current MOT must be entered without reserve and will be sold to the highest bidder. All vehicles over 14 years old, with or without a current MOT must be entered without a reserve. In exceptional circumstances, a vehicle may be accepted with a reserve price if a valuation has previously been agreed with the auctioneer. 6 Charges. An entry fee is charged when a vehicle is entered in the sale. The entry fee is £25 inc VAT) and covers you for two sales. When it is sold a % commission of the sale price (with minimum charge as specified in the main office) is deducted from the sale proceeds. For Commission charges, please click this link) 7 Unsold vehicles will be subject to storage on a daily basis if not removed when requested. 8 PAYMENT TO VENDORS: Vendors shall be entitled to receive the purchase price of any lot or lots (less commission), on the eighth day after the sale, provided that the Auctioneers shall have received the same and that the complaints procedure shall not have been invoked. 9 Outstanding Hire Purchase.We are able to settle finance agreements provided that the net sale proceeds are sufficient to clear the outstanding balance. Please note that it is a criminal offence to sell a vehicle without clearing outstanding finance and we check all vehicles sold with a hire purchase information (HPi) register at the time of the sale. This register will disclose if any finance house has an interest, if it is recorded with the police as stolen, if it has been subject of a total loss of insurance claim or had a change of registration number. |
Motor Auctions
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