SOUTH AFRICA'S TRUSTED AUCTIONEERS
Professional asset disposal solutions for businesses across Southern Africa.
REGISTER HERE TO BID → SELL YOUR ASSETS →By registering to bid and/or bidding at a TPM Auctions sale, you acknowledge that you have read, understood and agree to be bound by these Conditions of Sale.
The price you bid excludes 12% buyer's commission and excludes a R1,450 documentation fee for every registered unit. Both charges are exclusive of 15% VAT.
All credit and debit card transactions are subject to a 5% surcharge.
Failure to pay for goods purchased will result in default in accordance with the seller's decision and forfeiture of the refundable deposit. Payment is required within 48 hours of conclusion of the auction. Units may only be released once payment reflects in our account as cleared funds. Where more than one item is purchased, no individual item will be released until the invoice has been paid in full.
Any vehicle with signwriting must have the signwriting removed. Where Tautliner curtains contain signwriting, the entire affected curtain must be removed.
Any tracking devices must be removed.
Please arrange the removal of signwriting, curtains and tracking devices with the auctioneer.
There may be documentation delays. If the NATIS document is not in our possession, we will request it from the seller and forward it to the buyer as soon as possible.
We require NATIS business registration numbers and proxy identity copies for companies, and identity documents for private buyers, for the licensing department's change of ownership before registration documents may be handed over.
This auction is conducted in terms of section 45(4) of the Consumer Protection Act, which excludes sections 55 and 56.
Every item on the auction sale is subject to a reserve or upset price unless otherwise stated.
The auction is subject to a right to bid by or buy on behalf of the owner or auctioneer, in which case the owner, auctioneer or a person acting on behalf of either may bid at the auction.
All items on auction are sold with no duty to repair.
The company under which you register will be the company invoiced. If purchasing on behalf of more than one company, ensure that you have a buyer's card for each company.
The kilometres and hours reflected on all items are not guaranteed by the auctioneer.
Where NATIS documents are available, the applicable year information recorded on the NATIS documentation will be used.
FICA requirements must be met before any unit will be released.
The purchaser shall be liable for the auctioneer's commission in the event of default in payment and/or loss of income.
Goods must be removed from the auctioneer's premises within 7 days, failing which a storage fee of R250.00 per day will apply. If purchased items are not removed within 48 hours after the auction, all risk, including theft or damage, passes to the purchaser.
Partner with TPM Auctions for professional asset disposal, online auctions, sales and valuation solutions.
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