2012 HYUNDAI ELANTRA 1.6 GLS

TERMS & CONDITIONS
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Please familiarise yourself with our terms and conditions before registering on auction.

Registration Process
For you to register as a buyer on auction you will require the following:
A refundable R10 000.00 deposit is required to register at any of our  auctions.
Please note  that  no  personal  cheques  or  cash will  be  accepted.  
Credit  cards,  bank  cheques, electronic  transfers and debit cards welcome.
On  registering,  you  will  require  proof  of  identity (ID  book)  and proof  of  address.
Proof  of  address  must  be  current  and  not older  than  three  months.  Please  be  advised  that  we  cannot register you without these documents.
Once you have completed a simple registration form, you will be issued with a buyer’s number which will enable you to take part in the bidding.
If  you  did  not  buy  on  the  auction,  your  R10  000.00  will  be refunded to you after the auction is concluded.  
Debit  Card  and  internet  deposit  payments  can  take  up  to  14 working days to be refunded.

If  for  whatever  reason  you  do  not  take  up  a  vehicle  which  was knocked down to you, you will forfeit the full deposit and can be blacklisted with all financial institutions.

All vehicles are sold with no duty to repair - sold as is. As you see them, so you buy them. We will entertain no claims after the sale. All units are sold without any warranties or guarantees of any
kind whatsoever. Please ensure that you have carefully inspected the vehicle you are buying before the auction starts.

Imperial Auto Auctions gives no warranty as to the correctness of date of first registration, year of manufacture and the odometer reading listed on the vehicle to be correct.

The auctioneer is not liable in any way for any errors or inaccuracies in the description or identification of goods.

All goods are sold “voetstoots”. In making a bid, a bidder shall be deemed to have made him fully acquainted with the goods in the lot for which he bids.

All vehicles are sold excluding a handling fee of R1200 + VAT and a 6% Excluding VAT buyer’s commission + 1.6% Internet Surcharge.

All vehicles are sold excluding 14% VAT

On few occasions the banks have the right to STC a bid. This means that the bid is "subject to confirmation" and the bank has 24 working hours to get back to Imperial Auto Auctions to either accept the bid or decline the offer.

We do not sell subject to finance; please ensure that your finance is in order before bidding on a lot!

All purchases must be paid for in full and collected within Two day after the auction.
Failure to collect your vehicle after two working days, will result in storage penalties calculated at a rate of R200 excluding VAT per day being charged to the buyer of the vehicle.

No cash will be accepted on our premises. Payment either by bank  guaranteed cheque, EFT payments or a release note from a reputable Finance institution. Please note that we can only release a vehicle to you once the full outstanding amount is reflected in our bank account.
 
BANKING DETAILS:
Bank: FIRST NATIONAL BANK
Account Name: Imperial Auto Auctions
Account Number: 6214 9955 182
Branch Name: CORPORATE ACCOUNT
Branch Code: 255-005