Eastern Cape Transport – Mthatha Sale 2 – Live Auction

Live On-Site Auction Of Over +-120 Government Vehicles In Mthatha.

Lot Closing: 10/02/2021 10:00 am

Sale Method: Live Auction

Featuring

  • Passenger vehicles
  • Buses
  • Ambulances
  • Bakkies
  • Brands include Ford, Volkswagen, Audi, Nissan, Chevrolet and Toyota.

Pre-registration is essential for buyers participating in the live on-site auction.

Buyers can submit proxy bids by making use of the online make an offer functionality.

All proxy bids must be submitted by 12:00PM (SAST) 9th February 2021.

Please Note: All lots sold subject to confirmation.

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Note to purchasers

Auction Notes: To be approved for bidding, we require: completed participation form, proof of payment of R10 000 registration fee, and FICA documents (These documents must be submitted for proxy bids as well).

Buyers Premium: 12%

VAT / TAX: 15% VAT applicable on commission and purchase price

Payment Type: EFT

Additional Notes

Legal Notice:

 

View Legal Notice

This auction is governed by the Consumer Protection Act – Act 68 of 2008 (South Africa), and further reference to the Act and the regulations can be downloaded here.
Consumer Protection Act 68 of 2008
Consumer Protection Act 68 of 2008 – Regulations

COV-19 SPECIAL CONDITIONS

1 The Buyer recognises that the world is currently amidst a pandemic, which may affect how business gets done and cause some difficulty in viewing and collection of assets amongst others.
2 Sellers may have to introduce and modify the rules of engagement relating to the sale and access of various sites. All buyers agree that they will adhere to the regulations and rules set by Government and the Sellers and furthermore agree that the Buyer cannot use this to withdraw from sales.
3 The Buyer recognises that there might be a delay in the collection of assets and/or access to site, which will impact loading time and collection efforts. Each bid that is made by the Buyer is made with this in mind.

The Bidders Attention Is Drawn To The Following:

Auction/Sale Notes

  • The assets will be sold as is where is. It is the buyer’s responsibility to perform an inspection of the assets prior to the auction.
  • The auction/sale is subject to a reserve price and will not be sold for less than such.
  • The Sale of the assets is non-suspensive and not subject to any feasibility or any other condition required by the buyer.
  • The auctioneer may bid for any lot or lots offered for sale at the Auction on behalf of third parties.
  • The Auctioneer may bid for any lot or lots offered for sale at the Auction on behalf of seller but, if on behalf of the seller, not at or in excess of the reserve price.

• This auction will be subject to a live auction event
• Proxy bids will be allowed by making use of the online make an offer functionality
• NO CASH WILL BE ACCEPTED FOR THIS SALE (for registration and / or payment purposes)
• All payments for this sale to be made via electronic transfer
• All payment references must be buyers name and surname
• All lots sold subject to seller confirmation
• Documentation fee of R1,000 will be charged per asset

Register & Bid on AllSurplus

Contact Details

Contact: Sinovuyo Gaika

Email: sinovuyo.gaika@liquidityservices.com

Mobile: 078 655 1088

Telephone: 0860 00 00 10