A guide to selling
The auction represents a very efficient means of converting your used
vehicle into cash. At each of our weekly sales, cars and light
commercial vehicles are offered for sale to an audience of up to 500 – all
potential buyers. If you are selling your car at auction for
the first time, it is worth considering the following points:
- Make every effort to present your car in the best possible way – ensure
that is is clean and polished inside and out.
- Write clearly on the entry form giving all the vehicle details.
Remember a misleading description may make the owner liable to prosecution
under various Trading Standard Laws and you will be charged commission
in the event of a cancelled sale.
Bring all relevant documentation – registration document (V5),
MOT certificate, any service history, tax disc (if sold with vehicle).
Entering your vehicle for sale
On arrival, go to reception and collect an entry
form. Our experienced team will be happy to answer any queries. It
is important to complete all sections of the form accurately and fully,
as this information will be used by the auctioneer when selling your
vehicle. The cheque for the net sale proceeds (after commission
and charges) will be posted to the name and address shown.
Vehicles can be entered in one of two different ways:
Sold as Seen - Such vehicles are sold without warranty
by the seller. No sale may be cancelled.
End of Sale Trial - When sold with a mechanical description,
vehicles may be test driven accompanied by one of our drivers. If
a dispute arises with regard to the mechanical description the matter
is referred to our engineer when a cancellation of the sale may be
agreed.
Once, completed you must sign the Entry Form.
Reserve Price
We are happy to assist with providing a valuation and advise a
suitable reserve price to ensure the best chance of sale. Vehicles
over 8 years old or with no MOT must be entered without reserve. In
exceptional circumstances a vehicle may be accepted with a reserve
price if a valuation has previously been agreed with the auctioneer.
Provisional Sales
If a bid is received that falls short of the reserve price – provisional
bid, you (the owner) will be contacted by auction staff. We will give you the
option of accepting this bid or attempt to secure a higher bid from the
purchaser if possible. The negotiator will endeavour to obtain a
price that is satisfactory to both parties. It is important that
we have your contact telephone numbers for both day and evenings to ensure the
best opportunity to sell your car.
Payment
When your vehicle is sold, a remittance advice and cheque will
be posted by first class mail four working days after the day of the
sale. The proceeds will be minus our commission and any other charges that are applicable. Please
ensure that your full name, address and post code are printed clearly
on the entry form.
Outstanding Hire Purchase
We are able to settle finance agreements provided that the net
sale proceeds are sufficient to clear the outstanding balance. A
charge is made for this service.
Please note: it is a criminal offence to sell a vehicle without clearing
outstanding finance. We check all vehicles sold with a hire purchase
register at the time of sale. This register will
disclose if any finance house has an interest, if it is recorded with
the police as stolen, if it has been the subject of a total loss insurance
claim or had a changed registration number.
DVLA
If your vehicle is sold, we will pass the appropriate section
of the registration document to DVLA notifying them of the purchaser’s details.
Collection
In certain circumstances, it may to possible to collect you vehicle. Charges
will vary depending on distance and number of vehicles. Please
contact us for full details.
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