GUIDE




Here are some helpful tips:

The Auction:

  • Understand all terms and conditions including the deposit amount and the methods of payment.
  • Information available on buyer’s guide and/or the catalogue on our website.
  • Familiarise yourself with all the lots on the auction, before you decide what you are interested in.
  • Make sure you know what you are buying.

Bidding:

  • Do not wait until the last minute to register, you might lose out.
  • First things first, be sure to read the conditions of sale.  There are a number of conditions under which you bid such as VAT and commission protocol.
  • Make sure that the auctioneer sees and acknowledges your bid.
  • Once the item is knocked down on you, the sale cannot be cancelled.
  • No purchases can be removed during the auction.
  • You must have the money available before hand.  Should you require financing, obtain prior to auction (refer to conditions of sale).
  • Take note: bidding prices do not include VAT or any documentation fees (refer to charges).

Charges:

  • Usually a deposit fee is charged at every auction.  Check the deposit amount at the registration office or on our website.
  • Registered vehicles carry a documentation fee.
  • A 2% cash deposit fee is charged.
  • VAT is charged to all knocked down prices.
  • Buyers commission plus VAT is also charged on top of knocked down prices.

Payment:

  • Our registration desk will refund your deposit if you made no purchase(s).  Allow for a reasonable time for funds to be made available.
  • When a purchase was made, you will receive a proforma invoice for payment.
  • Payments may be received in any of the following:
  • Bank Guaranteed Cheques
  • Electronic Funds transfer (EFT)
  • Cash (2% cash handling fee payable on cash deposits)

Collection:

  • No item will be released, unless full payment is reflecting in our bank account.
  • You need to contact our admin office on 079 339 5915 or admin@sagrouponline.co.za to arrange for the release note.
  • Prior to collection you need to provide our admin office with the name and ID number of person that will be collecting.
  • Upon receiving information required as per point 3, a release note will then be provided to the buyer and seller accordingly.
  • Collection will be strictly by appointment and during office hours from: Monday – Friday.
  • SA Group and its affiliates will not be responsible for any losses incurred due to above process not followed or any other circumstances beyond our control.