Automobiles, Cars, Trucks, Caravans, Motorhomes, Boats & Plant.

1. ALL bidders must be registered with GSA and given a bidding number.

2. A payment option must be registered with GSA, i.e., credit or debit card details 3. The highest bidder shall be the Purchaser and any dispute which arises shall be settled by the Auctioneer who shall regulate the bidding and have the right to refuse a bid.

4. ALL BIDS ARE LEGALLY BINDING, YOU WIN YOU PAY.

5. Winning bids are subject to a commission charge plus vat at standard rate.  See rates below.

6. All purchases shall be paid for in full on the day of the sale direct to GSA before removal and no lot to be removed without the authority of GSA. Cheques will not be accepted.

7. Where a purchaser defaults in payment, GSA reserve the right to re-sell the lot and to charge the Purchaser with any expenses and loss incurred by reason of the failure of the Purchaser to complete the purchases.

8. GSA reserve the right to charge Interest at the current bank overdraft rate on any outstanding accounts from the day of sale unless special arrangements have been made with GSA in this respect.

9. Every purchaser shall leave his full name and address at the GSA office whether They intend to remove his purchases on the day of the sale or not.

REMOVAL OF LOTS. BOTH SOLD AND ENTERED LOTS. 

1. All lots must be cleared from the sale room within 1 working day of the date of the sale (Unless otherwise agreed with GSA) and if remaining longer without a satisfactory explanation for the non-clearance being given to the Auctioneers, the Auctioneers reserve the right to charge for handling and storage at the rate of £10 plus VAT per lot per day.

2. A vendor may by notice to GSA withdraw the Lot from the Auction. If the vendor does so, they shall be liable to pay GSA the stated rate of the Seller’s and Buyer’s commission calculated on the estimated value of the Lot that GSA would have received had the Lot been sold for the estimated value.

3. If the vendor withdraws the Lot from the Auction the Seller shall arrange for the collection/removal of the Lot at his own expense within 1 working day after the date of withdrawal.

4. The Seller may not collect the Lot until any withdrawal fee payable has been paid in full and any storage charges have been met.

WARRANTY

1. Unless a warranty is given at the time of sale, the lots are sold as they stand with all faults, imperfections, and errors of description or otherwise. The purchaser shall be deemed to have inspected the lots They buy.

2. Vehicles may not be immediately roadworthy or may be of such design as will not without alterations, comply with the provisions of Road Traffic Acts or Regulations. The Purchaser shall undertake to comply with such Acts and Regulations.

3. Vendors must comply with the Trade Descriptions Act 1968 and be capable of substantiating all claims, descriptions, quality, manufacture, composition etc of their lots. Where a vehicle is sold without reserve and/or without warranty it shall be implied that it is sold with all latent and patent faults and imperfections and the Purchaser shall have no right to reject the vehicle.

4. Whilst every effort is made to verify vendors and purchasers clean title including a valid up to date HPI Report, GSA accept no responsibility for unforeseen disputes regarding title.

5. Purchasers should be aware that the photograph included in the brochure is for illustration purposes only and may differ to the actual appearance of the vehicle on the day of sale. Bidders must therefore purchase the lot on its present condition at the time of sale.

6. Where a vehicle is purchased which does not comply with the Motor Vehicle (Construction and Use) Regulations 1951 or any subsequent modification thereof the Purchaser shall not remove it from GSA premises under its own power. Every vehicle is sold on the understanding that it will not be used on a road in Great Britain until it has been put into such condition that it may lawfully be used.

7. Where any vehicle is sold with a warranty this shall extend to one hour after the close of the auction sale. In cases of dispute GSA shall have the right to appoint a person to act as arbitrator subject to the Arbitration Acts as modified by these conditions of sale. The arbitrator’s decision shall be final and binding on all parties.

8. GSA acts solely as an agent between the Vendor and Purchaser and in the event of a dispute or refusal to pay or non-payment on the part of the Purchaser, they may, at their discretion, annul and cancel the sale of such lot or lots.

Commission charges

Up to £1500 10% + vat

£1501 to £3000  7%  + vat

£3001 +  5% + vat

Eg if a vehicle sells for £3201, 7% will be charged for the first £3001 and 5 %for the remaining £200 = £ 220.07 buyers commission plus vat at standard rate.