Timed Online Auction of Plant, Machinery & HGVs

• Registration & Bidding opened: Wednesday, 7th October 2020 from 8:00pm
• Bidding Closed: Friday, 9th October 2020 from 10:00am

THIS IS A TIMED ONLINE AUCTION ONLY - PLEASE DO NOT ATTEND THE SITE, NO LIVE AUCTION IS TAKING PLACE, OUR GATES WILL BE LOCKED AND YOU WILL NOT BE ALLOWED ACCESS

Bidding Opens: Wednesday 7th October at 7pm
Bidding Starts to Close: Friday 9th October from 9am

Important Information Please Read:
• Registration Deposit - A Deposit of £5,000 will need to be paid to participate in the Auction. Please note that all deposits are to be paid via Sagepay no deposits will be taken over the phone. This is a “reserved payment” system whereby your money will only be taken when you have successfully purchased or become the highest bidder on a lot. Unsuccessful purchasers should note that refunds of deposits can take approximately 3 - 5 days and you will get an email at the time we have processed the release from our side.
• Tips on Bidding – This auction operates with sellers having the ability to set reserves their lots. Put in your highest bid you would be prepared to go to, at your earliest opportunity. When bidding, the system treats your bid differently depending on whether the seller has placed a reserve price on the lot. If your bid has the value up to or at the reserve, the bid will be taken at it's maximum to the reserve. If the lot has no reserve or if your bid is forced above the reserve by other bidders, then an increment table operates that the system follows, similar to other bidding platforms. For example: £2 increment up to £50; £5 increment up to £100; £10 increment up to £200; £20 increment up to £500; £25 increment up to £1000; £50 increment up to £10,000, and so on. A word to the wise – don’t wait until the last minute to bid, put your highest bid in as early as possible. You may pay less than your bid if you win. Bids cannot be withdrawn at any time, during or after the auction. All bids are contractually binding. Winning bidders will be emailed on the next working day after the auction. The Auctioneers may withdraw Lots at any time (see 3.2 Condition of Sale). If you are the successful bidder on one or more than one lot that is sold to you, provisionally or outright, the bids are binding and you cannot withdraw any bids - you will be liable for all lots sold to you.
• Reserve Prices and Provisional Sales - Some lots may have reserve prices and the final highest bid on a lot may be subject to acceptance by the seller, if the reserve is higher. Should the bidding finish at a value which is lower than the vendor’s indicated reserve then we will put forward this offer to the vendor. If the price is accepted, then the highest bidder will be the purchaser. If the price is not accepted, then we will contact the highest bidder. We endeavour to get sales agreed and completed on the day of the auction. This is unfortunately not always the case, though we will deal with provisional bids in the order they are placed, so please ensure you are available.
• Descriptions and Warranties - All items in this auction are sold as seen and without warranty. There is no guarantee of condition, working condition or description. No items have been tried or tested for sale. Volumes, where stated are approximate and are not guaranteed.
• Viewing - We are now able to facilitate viewings under strict, covid-secure conditions. These will be outlined to you when you arrive at our site. You must bring all correct PPE including gloves, face covering, high viz & steel toe cap boots – this is a working environment so no children or dogs will be permitted on site. Any assistance you require or handover of keys will be done in a socially distanced & sanitized manner and we ask you to respect our staff in their attempts to keep you safe and healthy.
• Lot Appraisals - Although limited, we do have members of staff on site and we are able to provide appraisals & videos of any machine which you may be interested in.
• Commission Bids - We will accept commission bids on all lots up until 8am on Friday 11th October and only when the suitable deposit has been lodged. Please email machinery@brightwells.com if you wish to leave a commission bid.
• Invoicing and Payments - The sale will start to close from 9am on Friday 9th October, each lot will end 1 minute apart. If your bid wins, you must buy. Your bid on an auction is a legally binding contract. If, when time runs out, your bid is the highest, you have purchased the item and you must pay for it. Payment should be made Bank Transfer. Bidders will be contacted after the sale regarding provisional bids placed under reserve. All items must be paid for within 48 hours of invoicing. Your deposit will be lost if you fail to pay for a lot. Payment will be taken by bank transfer, terms will be sent with the email invoice.
• Buyers Fees and VAT - All Lots are subject to the buyers fees shown on each lot. VAT is charged on the hammer price and the buyers fees, for every lot. We have suspended supplementary online buyers’ fees, so you can buy through the timed auctions at no additional cost. Only sale prices and our standard buyers fees (indemnity and buyers premium) will apply.
• Collection/Delivery of Purchases (Updated 13th May) - Under the updated Covid-19 regulations imposed by Government, buyers may collect their own goods, under the following terms:
• Collection by appointment only
• Hand washing, wearing gloves and hand sanitising is essential when coming onto our sites
• Social distancing measures must be in place and adhered to (2 metre distancing)
• Items that have been handled must be wiped down for collection
• The collection point for items will be outside and customers must not come into any buildings
• Items may be delivered by certified hauliers, which we will gladly help with and arrange for you. Quotes for transportation costs can be obtained by request.
• Storage - During the Government Isolation Period, items can be stored with us free of charge. You will need to insure your goods from the point of purchase, by law.
• Health & Safety – Covid 19 Regulations: When customers come on site, we expect them to read our signage, listen to social distancing and cleaning requirements outlined by our staff and to abide by our risk assessments/notices. Failure to do so will result in being asked to leave our site, as we take the safety of our customers and staff to be our highest priority.