Auction is live from today 8am to Thursday 5pm
Next Auction on 20 March Wednesday 8am
Our Auction on Every Wednesday 8am
Today Auction from 10am to Thursday 12pm
Our Auction on Every Wednesday 8am
Auction is live from today 8am to Thursday 5pm
Next Auction on 10am Wednesday 7 February
Next Auction on 20 March Wednesday 8am

FAQs

This is an administration fee levied additional to the purchase price of R2500.00 (excl. VAT) per registrable vehicle, depending on the type of auction

Your bid price + buyer’s commission (5%) + vehicle documentation fees  = final invoice amount.

The deposit is R5,000.00 ,and is payable upon registration.  The deposit is payable by EFT, into our bank account.

The deposit is refundable if no purchases were made. When paying by credit/debit card it is reversed the same day but can take up to 14 working days to reflect in your account.. Internet transfers (EFT’s) are usually refunded electronically the day after the auction. When making payments please use your userID as reference.

Vehicles are sold exclusively on auction. No vehicles will be sold prior to the auction.

This is the mandate price provided by the seller for which the auctioneer is allowed to sell the asset. Any auction offer below this reserve price needs to be confirmed by the seller. Reserve prices are confidential and are not communicated to prospective purchasers as assets may be sold below these reserves in some instances.

Reserve prices are confidential and are not communicated to prospective purchasers as assets may be sold below these reserves in some instances

Definitely not. The auctioneer usually takes the lead from the prospective bidders in obtaining a reasonable starting bid.

Payment must be made before close of business on the day of the auction. You may deduct the deposit already paid from the total invoice amount. The full amount can be paid by EFT,nto our bank account  We do not accept credit/debit cards for full payment nor any cash on site.

No, we do not accept cash on site.

Your friend can pay the vehicle, but the registration documents and invoice will be in your name.  You and your friend will have to sort it out between the two of you. No invoice may be amended.

Nothing is sold subject to the availability of funds or finance.  You will lose your R5,000.00 deposit, you will be blacklisted and you will not be able to buy at any future AuctionAutoSA

Unfortunately not.You must make sure you complete the buyer’s card correctly when registering. Under no circumstances may any invoice be amended.

No, invoices are not allowed to be split.

All vehicles are sold as is & free of duty to repair.

The vehicle must come on auction again.

Subject to Regulation 30(2), the auctioneer must ensure that every prospective bidder must prior to the commencement of an auction his or her identity in the bidder’s record, and such registration must with the necessary changes meet the requirements of Chapter 1 of the regulations in terms of the Financial Intelligence Act, 2001, published in Notice No. R.1595 in Gazette No. 24176 of December 2002, in respect of establishment and verification of identity, and sign that entry.

FICA REQUIREMENTS

ID document + proof of residential address (current utility bill is not older than 3 months)

NB * This must be in the bidder’s name. IF NOT, a valid affidavit is to be provided + a marriage certificate for spouses residing together.

Current proof of home address of each member + ID document of each member + CK1 letter + SARS certificate + CIPRO print out + Business proof of address Representatives of a company or private individuals are required to a Proxy letter & Proxy’s ID document.

Viewing:

Make sure that you attend our viewing days, which is everyday prior to the auction. You need to familiarize yourself with the condition of the goods before bidding, as all assets are sold “free of duty to repair.”

Registration:

You will have to complete the registration and use your userID.  Please make sure that all details are correct, as no invoice will be amended after the auction.

Deposit and Fica:

The deposit is payable by EFT, The deposit in full is refundable if no purchases were made. We require your FICA documentation before we are able to issue you a userID. Please see the FICA requirements.

Auction day:

Each vehicle is sold individually. You have to pay for all vehicles that reflect on your invoice. You are not allowed to pay only for the ones you like.

Invoice composition:

Your bid price (hammer price) + buyer’s commission + vehicle documentation fees = final invoice amount.

Payment terms:

Payment must be made before the closing of business on the day of the auction. You may deduct the deposit already paid from the total invoice amount. The full amount can be paid by EFT, We do not accept credit/debit cards for full payment nor any cash on site.

Registration document process:

The change of ownership will be done by us.

Removal of vehicles:

No vehicles may be removed from the premises during the course of the auction or afterward without full payment being made first. All vehicles should be removed within three days after the auction. Thereafter a storage fee of R500.00 (excl. VAT) per lot, per day will be charged.

Bidding guidelines:

  • Make sure you do not overpay.
  • Ensure that you have taken all costs into account (buyers commission and documentation fees).
  • Only bid on behalf of yourself.
  • Do not wait for the last opportunity to bid as you might lose out.