Extreme Machinery Auction

( 12:00 pm, 13 November 2020 - 12:00 pm, 17 November 2020 ) Upcoming

ONLINE BIDDING SUPPORT: Micaela - 063 294 9844 or info@onlineauctions.africa
SALES SUBJECT TO CONFIRMATION: Any STC item will be confirmed within 24 hours of the auction close if successful
BUYERS COMMISSION: 5% plus VAT (15%) on the hammer price
VAT:  All bids exclude VAT at 15%, which will be charged on all items.
VIEWING : By appointment only; contact 063 294 9844

REMOVAL OF ITEMS: ALL costs associated with the removal of any items are for the bidder.
PAYMENT: No goods will be released without payment reflecting in our bank account.
CASH: No Cash Payment will be accepted. Cash payments into our bank account levy a 2% administration fee.
The auction is conducted in terms of Section 45 of the Consumer Protection Act, Act 68 of 2008.
The Seller and OnlineAuctions.Africa cannot be held liable for any error in the descriptions and / or images provided on the catalogue.

Proof and payment and FICA Documents to be sent to info@onlineauctions.africa for approval to bid online.



DEPOSIT
REFUNDABLE REGISTRATION DEPOSIT
: R20 000 by EFT payable to:

Account Name: OnlineAuctions.africa
Bank: FNB
Branch: Johannesburg
Branch Code: 26-12-51
Account Number: 62438870554

PLEASE USE YOUR INITIALS AND SURNAME AS THE PAYMENT REFERENCE
_____________________________________________

FICA REQUIREMENTS:

·       If purchasing in your personal capacity, a copy of ID and recent (not older than 3 months) proof of residence is required
·       If purchasing in your company name a copy of company registration form CM1 or CK1, CM46, CM9, a utility bill & CM29 or Resolution from company authorising representative to bid is required.
·       
If purchasing where the person is not a RSA citizen, a copy of passport and proof of residence if living in RSA is required.

ELECTRONIC TERMS & CONDITIONS OF BUSINESS RELATING TO ONLINE AUCTIONS
 
Special rules regarding coronavirus pandemic related measures
(in line with the regulated lockdown level in force at the time)

  • The auctions will be conducted strictly and exclusively via online bidding and no public attendance whatsoever will be allowed
  • Viewing will be available on an appointment basis
  • Any persons allowed into the premises must subject themselves to a temperature scanner screening and will only be allowed to enter if no fever is indicated by the scanner
  • Any persons allowed into the premises must wear facemasks before being allowed into the premises and continue wearing it at all times on the premises
  • Any persons allowed into the premises must willingly subject themselves to hand sanitiser measures when entering and at any time requested during their time at the premises
  • Any persons allowed into the premises must willingly complete an attendance register with their personal details for contact tracing purposes
  • Any persons allowed into the premises must willingly subject themselves to social distancing of 2 (two) meters from any other person or auction staff in their proximity and must also respect floor distancing markers at applicable frontline areas
  • Please note that only EFT payments (or cash deposits into our bank, not on site) are accepted.   No cheques are accepted under any circumstances.


General Rules of Auction

  • All persons/companies who purchase vehicles on auction are obliged under law to comply with Financial Intelligence Centre act, 2001 (FICA).  The FICA requirements are listed elsewhere on this site.  Please bring those documents along in order to register as a bidder or if an online bidder, please bring the original FICA documents when collecting or sending for collection.  
  • All persons, by virtue of participating in any of ours auctions, agree that we may independently verify their identification and address documents through secure and approved third party systems.
  • Please note that any hard cash deposited into the bank account will attract a 2% cash handling fee.  We strongly discourage you from depositing cash please deposit cash into your own account and pay over EFT.
  • Bid rigging and collusion is a crime and a violation of anti-trust laws, and will not be tolerated.  Anyone found engaged in this activity will have their bidding privileges permanently revoked and will be reported to the authorities, which could result in prosecution.
  • Absolutely no cash payments permitted.
  • All purchases are subject to 5% buyers premium plus 15% vat on the total amount, unless otherwise stated.  
  • EFT’s (electronic payments) – very important - purchases will only be released if the buyer’s payment reflects in the bank account.  No exceptions will be made under any circumstances.
  • All payments to be made by EFT by close of business on the auction day (no cheques whatsoever accepted).
  • The vehicles are not sold subject to finance. Please ensure that your finance is in order before proceeding to bid on auction. If you need assistance with finance pre-approval, please contact our administration office.
  • All vehicles purchased to be collected within three days following the auction.
  • Vehicles are sold according to year of first registration and not year of manufacture.  Year of manufacture is unknown and no queries will be entertained regarding year of manufacture.
  • Paper (NATIS) delays may be experienced from time to time and is out of our control.  We do our utmost to resolve delays as quickly as possible.  No cancellations are permitted on account of paper delays.
  • Please register or dealer-stock your vehicles immediately after the auction to avoid complications.  We will not be responsible for, neither entertain, the resolution of any problems experienced by the buyer if he/she did not register the vehicle immediately after the auction.
  • Any person bidding on behalf of another person or company may only do so if he/she has obtained a written mandate from the rightful registered buyer.
  • Only registered buyers are permitted to bid on an auction.  Any person intending to bid must register first – no exceptions will be allowed.
  • Any person/company buying more than one vehicle is responsible for payment of all the vehicles purchased.
  • Each and every lot will be sold as is, where is, with no guarantees or warranties, express or implied. All information regarding the lots in the catalogue are statements of opinion only and shall never imply any guarantees as to the correctness of any information supplied either verbally or in writing about any lot. The buyer is responsible for checking the goods and in making a bid shall be deemed to have made himself fully acquainted with the goods for which he bids.
  • All goods are sold without any warranties whatsoever and the vehicle suppliers are not liable to discharge the duty of repair on vehicles.
  • Engine and VIN numbers of vehicles will be supplied on request only.
  • No cancellations of purchases are permitted.

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Ping Jeng Stand-Up Drill

Ping Jeng Stand-Up Drill
Machine Model: RD-600