N.B. If your deposit is paid with a Credit Card, Commercial Debit, Corporate Debit or Business Debit card you will incur a charge of 2.5% +VAT - €30.75, whether you make a purchase or not. This amount will not be refunded.
Deposit: €500 Pre-Authorization Which Will Be Processed If Your Bid Is Successful
IMPORTANT NOTE: BY CLICKING REGISTER TO BID AND ACCEPTING THE TERMS AND CONDITIONS YOU ARE GIVING IRISH MACHINERY AUCTIONS CONSENT TO DEBIT €1000 FROM THE CARD DETAILS ASSIGNED BY YOU TO YOUR ACCOUNT AS A DEPOSIT FOR THIS AUCTION. THE DEPOSIT WILL BE REFUNDED IF NO PURCHASE IS MADE. IF WE ARE UNABLE TO TAKE THE DEPOSIT FROM YOUR CARD DETAILS YOU WILL NOT BE APPROVED TO BID. PLEASE NOTE; DEPOSIT REFUNDS WILL TAKE 3 - 5 WORKING DAYS TO BE PROCESSED BACK TO YOUR ACCOUNT BY YOUR OWN BANK FROM THE DATE IRISH MACHINERY AUCTIONS PROCESS THEM.
Buying Terms and Conditions. Before bidding at Irish Machinery Auctions, please ensure you have read the below auction terms and conditions of sale for this auction. All terms and conditions must be accepted by both parties before participating in the auction process. If you have any question, please ask a member of staff, they are always willing to help you. Bidding Registration and Deposit - In order to be able to bid at auction you will need to register your details at the registration office or on the Irish Machinery Auctions website by clicking register to bid and completing the forms, you will also be required to place a €1000 Debit Card, Bank Draft or Bank Transfer deposit. This is fully refundable if you don't buy anything. If you fail to pay your invoice in full your deposit will automatically be forfeited and will not be refunded. Your details will be held and you will receive notification of upcoming auctions. If you fail to pay the deposit, you will not be approved to bid at the auction.
N.B. If your deposit is paid with a Credit Card, Commercial Debit, Corporate Debit or Business Debit card you will incur a charge of 2.5% +VAT - €30.75, whether you make a purchase or not. This amount will not be refunded.
All bidding deposits for unsuccsessful bidders will be refunded automatically if no purchase is made, once BOTH online auctions have been completed in full. As with any Debit/Credit card refunds, this can take up to 3 to 5 working days to be processed back into your account by your own bank which is outside Irish Machinery Auctions control.
*NB* Containers Must Be Collected Within 7 Days Of The Acution Ending - Stoarge Fee's Will Apply after The 7 Days.
Provisional Bids - If your bid placed is less than the reserve set by the vendor, the bid will be considered to be 'provisionaly' sold when bidding is complete. The office will then inform the vendor of the highest bid reached, and they will be given the option of accepting or declining the bid after the auction. in this case your deposit will be held until the vendor confirms if they are to accept or reject the offer. The item may be displayed as not sold on the website, but this is not a confirmation that the bid has been rejected, only when an Irish Machinery Auctions member of staff has contacted you and confirmed the outcome of your bid wil you be able to proceed.
Commission - Auctioneer's commission will be charged on all lots purchased. Please find below rates of buyer's commission: (Please note all lots are subject to 23% VAT on the Hammer Price) Assets sold up to €5,000 14.5% commission plus VAT Assets sold €5,001 - €10,000 12.5% commission plus VAT Assets sold €10,001 - €25,000 10.5% commission plus VAT Assets sold over €25,001 7.5% commission plus VAT *Minimum Charge of €50 +VAT on any Road Registered Vehicles **Minimum Charge of €10 +VAT on all other lots *** Admin Charge of €10 +VAT on all lots VAT is charged at the standard rate of 23% on ALL ITEMS SOLD. N.B. There is a buyer surcharge for using the following payment methods all other forms of payment will incur no surcharge: Cash - 0.7% +VAT I.E. €100 cash surcharge = 0.86c Credit Card - 2.5% +VAT I.E. €100 Credit Card Surcharge = €3.08
IMPORTANT VAT EXPORT NOTE: The VAT on any assets being exported MUST BE PAID IN FULL and once we have proof of export AND we are refunded the VAT, we will then refund the VAT to the customer.
IT WILL BE APPROXIMATELY 8 WEEKS before we are refunded and refund you. Full details of requirements are noted on page 5. Payment Terms - Payments can be made by Cash, Same Day Bank Transfer, Debit Card or Bank Draft. Payment will need to be received by 5pm Monday following the Auction. Same day bank transfers will need to be received in our bank account by this deadline also. Collection of goods - Only when payment has been made in full and you have received a 'paid in full invoice', can assets be removed from the premises. All assets must be paid for in full and removed from the premises by 5pm Tuesday following the Auction. If not collected, there will be a storage charge of €20 per lot purchased per day. All necessary equipment, labour etc for removal of assets from the premises will need to be organised and paid for by the purchaser. Material handling equipment with a driver will be available. Irish Machinery Auctions or any person working for or on behalf of either company will be responsible for any loss or damage to goods during or after the auction or during loading or transportation. Loading may be refused at the discretion of Irish Machinery Auctions. Logbooks - Please note some of the vehicles and machinery have never been used on the road so there will be no log book or paperwork supplied when purchased. The onus is on the purchaser to register, if needed Vehicles that haven't been already road registered.
Important Notes - ALL ASSETS ARE SOLD AS SEEN. Purchasers must satisfy themselves with the condition of the assets before bidding on them. All assets are sold with all faults, imperfections and errors of description. No warranties are given or implied, and no complaints will be entertained. Great care has been taken to ensure the catalogue is accurate, however the auctioneers and their staff shall not be held responsible for any errors or mistakes made in relation to quantities, descriptions or measurements. It is the responsibility of the purchaser to inspect and satisfy themselves with the lots. The auctioneer reserves the right to reject or refuse any bid without reason. No bidding shall be retracted by the bidder. The auctioneer reserves the right to bid on behalf of any vendor. Terms and conditions in detail are available from the Irish Machinery Auctions reception on request. If you fail to agree to any of the terms and conditions you will be liable for any loss of commission and any shortfall in the hammer price upon the resale of the lots you have purchased.
1: In order to bid at any auction, bidders will need to have registered their details at the registration office and placed a deposit to the value specific to that auction, noted on the specific auction terms and conditions. This deposit will be fully refundable if no goods are purchased.
2: If a bid is placed less than the reserve set by the vendor, this will be a 'provisional sale. The office will then inform the vendor of the highest bid reached, and they will be given the option of accepting or declining the bid
3: The auctioneer reserves the right to reject or refuse any bid without reason.
4: The highest bidder of each lot will be the purchaser, and therefore will be required to pay the hammer price, plus commission and any VAT. If there is a dispute, the auctioneer will have absolute discretion to settle the dispute or to re offer the lot.
5: All goods purchased shall be paid by COB two working days following the auction, unless otherwise specified in the specific auctions terms and conditions. Only when payment has been made in full and you have received a 'paid in full' invoice, can the assets be removed from the premises. Where these goods are not collected by the auction deadline, there will be a storage charge. All necessary equipment, labour etc for removal of assets from the premises will need to be organised and paid for by the purchaser.
6: Any goods left on site are done so at the risk of the purchaser (following the auction) and vendor (before the auction and if goods are not sold at auction) for loss, damage or destruction thereby arising.
7: Irish Machinery Auctions reserve the right to re sell without warning any items unpaid 6 days after the sale. On these occasions, your deposits will be forfeited, and you will be liable for all associated costs including lost commission, costs of resale and shortfall on subsequent sale.