Online Machinery Sale – Terms and Conditions


Viewing of all items by arrangement.

BIDDING CLOSES FROM 7PM WEDNESDAY 25TH MARCH – contact numbers 01379 646602 / 07467 959591

COLLECTION BY APPOINTMENT

IF YOU ARE HAVING PROBLEMS REGISTERING TO BID, PLEASE CONTACT I-BIDDER ON  44 (0) 203 725 5550

ALTERNATIVELY TRY USING GOOGLE CHROME RATHER THAN INTERNET EXPLORER.

BUYER’S PREMIUM

Buyer’s premium is charged on all lots at the following rates:

2% + VAT charged by Durrants

4% + VAT charged by i-bidder.com*, which will be added on to your invoice after the sale.

VIEWING

Lots are stored at Vendor’s own site and may be viewed by appointment only.

To arrange viewing please telephone Scott Parke on 01379 646602 / 01502 470427

VAT

VAT is payable on each lot unless otherwise stated.

BIDDING

All registrations for this auction are provisional and subject to the approval of the auctioneer. If your registration has not been approved, please telephone 01379 646602/01502 470427 on the day that the sale closes.

Bidding opens on 18th March and closes on 25th March from 7pm. Please check the individual closing time for each lot.

After each bid is placed from 7pm, bidding will remain open for a further 10 minutes. In order to find check the latest amount bid for a lot, press F5 and refresh your screen.

If, at the time of placing your highest bid the reserve has not been met, it may be treated as a valid bid and the Lot may be knocked down to you once the sale has closed.

All details are provided in good faith. They should not be relied upon as fact and buyers must make their own investigations where measurements, mileages, hours, condition or authenticity are critical. Buyers should make themselves satisfied they are happy with the lot before they bid as viewing is available on all lots by prior appointment, all bids are non-retractable.

Potential purchasers who do not inspect lots prior to bidding, do so at their own risk.

CONDITION

The condition and function of an item should be confirmed by the bidder, prior to bidding as there will be NO Refunds or Allowance given after the closure of the bidding process. Your bid is your commitment to purchase, and there will not be opportunities to view or re-negotiate after the sale has closed.

Any bidders who do not pay or refuse to adhere to Durrants Terms and Conditions will be reported to i-bidder and blocked from bidding at any future sales hosted by i-bidder.

No warranty is offered or implied. Each lot is bought and sold as seen. Viewing is highly recommended – for further information telephone 01379 646602/01502 470427.

PAYMENT

All payments must be made in £’s sterling.

All items purchased must be paid upon receipt of the invoice sent by the auctioneers and within 5 working days of the auction date.

We will only accept the following payment methods:

  1. Debit card (subject to the Terms & Conditions of sale)
  2. Personal cheque (clearance of the cheque or bank guarantee required before goods leave, see below)
  3. Bank/building society guaranteed cheque or draft
  4. Sterling draft
  5. Bank to bank transfer

In order to comply with the Money Laundering Regulations 2003, we are unable to accept cash payments for the sums in excess of £7,500. This includes single payments amounting to this sum or multiple payments totalling £7,500.

We are also unable to accept any cash payments paid directly into our bank account.

INVOICE ALTERATIONS

After the sale day, we are unable to change or amend any invoice(s). This includes changing the VAT status of the purchaser, name and address of the purchaser etc. Lots are also unable to be transferred between purchasers after the sale day. There will be no exception to this rule.

BUYERS FROM OTHER E.C. COUNTRIES

Under the E.C. regulations, goods purchased at our Sale will be ZERO RATED for VAT purposes subject to ALL of the following conditions being met:-

  1. The Auctioneers are in possession of your VAT/FISCAL NUMBER (which will be verified with UK Customs and Excise) at the time of purchase IN ADDITION to a copy of your VAT registration certificate.
  2. The Goods are sent or transported out of the UK to a destination in another EC Member State.
  3. The Auctioneers receive valid commercial documentary evidence that the goods have been removed from the UK within three months of the date of the sale.

If you are not registered for VAT in your member state or are unable to provide us with any of the above information, VAT at the UK standard rate will be payable and WILL NOT BE RECLAIMABLE.

BUYERS FROM OUTSIDE THE E.C.

A VAT DEPOSIT equivalent to the standard rate of UK VAT (currently 20%) will be charged on all lots which are being exported outside the EC.

Refunds of VAT deposits will be dealt with under H.M. Customs and Excise regulations as set out in the current Notice 703. The minimum requirement of satisfactory evidence of export required to allow a refund is an original Bill of Lading or Certificate of Shipment issued by a recognised Shipping/Transport Company or a S.A.D stamped by Customs & Excise and clearly identifying the goods which have been exported.

RESERVES

There is a reserve on the majority of Lots included in the Auction.

Vendors may ask us to reduce the reserves in the closing hours of the auction therefore when you are placing a bid, you are bidding to buy.

We reserve the right to withdraw any item from sale at any time.

COLLECTION

Collection is by appointment. Removal of lots is subject to clearance of cheques, bank transfers and so forth. Any items left uncollected will either be disposed of or offered for sale in a subsequent auction without reserve.