- The highest bidder will be the Purchaser, subject to Vendor acceptance and any reserve set by the vendor. However, if any dispute arises as to the last or highest bidder, at the discretion of the Auctioneer, that particular lot in dispute may be put up again and resold.
- Bid prices are exclusive of GST. 10% GST will be added to the invoice at the fall of the hammer.
- All lots will incur a buyer’s premium. Please refer to individual catalogues and lots for the relevant buyer’s premium. The relevant buyer’s premium will be added to the invoice at the fall of the hammer.
- Vendors not registered for GST will be identified as such in the lot description. In turn, the purchaser will not be liable to pay GST on that lot.
- The auctioneer may refuse to accept any bid or withdraw any lot throughout the entire process of the sale.
- Full payment is due within 24 hours of receiving the invoice. If any lot is being financed, the lesser of 10% of the lot value or $10,000 must be paid within 24 hours as a holding deposit to secure the sale. All Deposits are non refundable. There will be no recourse to Benabilla Auctions if the purchaser is not approved for finance. Please Note: If paying Benabilla Auctions for the first time, Please contact Kaz on 0423145698
- Ownership of an asset will not transfer to the purchaser until full payment has been received into the Benabilla Auctions Trust Account.
- The Auctioneer shall not be responsible for any damage to property or injury to persons incurred during the collection of lots purchased.
- Upon any Purchaser failing to comply with any of the above conditions any money deposited in part payment shall be absolutely forfeited and all lots uncleared may be resold and the deficiency (if any) on such resale, together with all costs and charges consequent upon such resale, shall be made good by the defaulter at this sale.
- All lots are available for inspection prior to auction. As such, all lots are offered for sale “as is, where is” with all faults (if any). There will be no recourse to Benabilla Auctions if the purchase is not to the buyer's standard. To the full extent permitted by law and notwithstanding the contents of or any description given in any catalogue, advertisement, engineers’ report or other materials issued by the Auctioneer in relation to a lot, no express or implied condition, warranty or guarantee is made or given in relation to that lot as to its condition, quality, fitness for purpose, merchant ability or compliance with description. You should independently verify any information which is important to your purchasing decision.
- To the full extent permitted by law, the Vendor and the Auctioneer will not be liable for any loss, damage, cost or expense suffered or incurred by a Purchaser arising out of the sale and purchase of a lot. Subject to all applicable laws, any liability of the Auctioneers shall be limited to a refund or credit of the charge made for services provided by the Auctioneers.
- All heavy vehicles will be sold unregistered unless stated otherwise.
- It is the purchaser’s responsibility to ensure that lots comply with the Workplace Health and Safety Act before used in the workplace.
- No allowance or refund will be made, nor will any Purchaser be permitted to reject any lot on the grounds that it is not correctly described on the website and in the catalogue.
- All purchased lots must be collected within 14 days or by agreement with the vendor. If prior arrangement has not been made after the 14 day period, sold lots will be forfeited to the vendor.
- Upon any purchaser failing to comply with any of the above conditions all monies received in any part payment shall be absolutely forfeited to the vendor, and all lots uncleared may be resold by Public Auction or Private Contract and the deficiency (if any) on such resale together with all costs and charges attending, shall be made good by the defaulter at the sale.
- The buyer will indemnify the auctioneer from and against any damages, interest, costs, demands, charge, claim, cause of action or expenses in the event that the lot is not to the satisfaction of the purchaser, upon or after the fall of the hammer.
- The vendor has the right to accept any offer placed by the bidder throughout the auction.
- The auctioneer holds the right to reduce the timer bid extension while the auction is in progress
20. Upon registering, the bidder agrees to receive email and text message marketing from third party sources. The bidder has the ability to opt out of these marketing services at any stage after registering. 21. Upon registering to participate in an auction, the purchaser acknowledges they have read and understood the terms and conditions
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