Important Information
Buyers fee £200 plus VAT on all lots.
Viewing and Collection at Errol Airfield, Errol, PH2 7TB
Terms & Conditions
PAYMENT AND TERMS Payment should be by SWITCH, VISA, MASTERCARD or CHAPS (SAMEDAY) PAYMENT during banking hours to allow for quick collection of lots. Payment is required in pounds sterling. WE REGRET WE DO NOT ACCEPT CHEQUES AS A FORM OF PAYMENT AT AUCTION. Payment may be made during the course of the sale as soon as the purchaser has bought his last lot. The balance of any account must be paid NO LATER THAN 48 HOURS AFTER THE SALE.
BIDDING The Sale is conducted in pounds sterling.
PROVISIONAL SALES The seller may place a reserve price on his entry below which the Auctioneer must not sell it. If the highest bid received is below the reserve price the Auctioneer may provisionally sell the item subject to the seller accepting the highest bid. The ‘provisional sales’ clerk will negotiate between the seller and the provisional buyer to try to agree a price at which a sale can be concluded to the satisfaction of both parties.
VALUE ADDED TAX Value Added Tax at the standard rate will be added to the purchasers’ sale accounts except in the case of items which are not subject to VAT. The Margin Scheme does not apply to the Sale; we are therefore required to charge VAT on all lots sold. Please contact our accountant if you would like clarification.
DEPOSITS The Auctioneer reserves the right to collect deposits from purchasers at the time of their first purchase and from time to time throughout the sale as the Auctioneer deems necessary.
INSURANCE OF LOTS The purchaser is on risk from the fall of the hammer and is advised to obtain insurance as soon as possible.
NON-TRANSFERENCE OF LOTS The Auctioneer will accept payment only from and permit removal of lots by the purchaser to whom the lot was knocked down.
CONDITIONS OF ENTRY AND SALE All lots will be sold subject to the Conditions of Entry and Sale. Bidders are strongly advised to read them carefully.
CATALOGUES In the event of any lot not being available for sale as advertised, the Auctioneer cannot be held responsible for any expense however incurred. Care is taken to ensure accuracy of any catalogue but no sale shall be invalidated by reason of any mis-description in a catalogue and the Auctioneer shall incur no liability to any persons in respect of any such description.
GENERAL Where available the recorded hours of various machines have been included. This is not to be relied upon as statement of hours worked and is intended purely for guidance purposes. Each party must make their own inspection in order to satisfy themselves of this fact. The year shown on some items may indicate model or year when model was put into service rather than the year of manufacture. Names of manufacturers are used as an indication concerning the kind of characteristics of the described items and may be generic.
BUYERS FEE A buyers fee is added to the hammer price of each lot. VAT will be added to the Buyers Fee at the standard rate of 20%.