RTMC VEHICLE AUCTION – IMPORTANT INFORMATION
AUCTION DATE: 17 & 18 JANUARY 2022
VIEWING DATE: 17 JANUARY 2022 FROM 9H30 TO 14H30
LOCATION: RTMC TRAINING COLLEGE, CNR SANDUI RD & KENNETH RD, BOEKENHOUTKLOOF, PRETORIA WEST
REFUNDABLE REGISTRATION DEPOSIT: R15 000 Deposit and FICA Documents.
NO VAT PAYABLE ON BIDDING AMOUNT
COMMISSION: 5.75% VAT INCLUSIVE
DOC FEE: R1150 VAT INCLUSIVE PER VEHICLE DOCUMENT - RC1 (Certificate of Registration) or VDC (Certificate of Deregistration)
PAYMENT: EFT ONLY (strictly no cheques or cash)
CONTACT: ELIZCE DAUBERMANN 012 940 8686 / auctions@cahi.co.za
BANKING DETAILS:
CAHI AUCTIONEERS
ABSA - BRANCH: 632 005 - ACCOUNT: 4053459094
FNB - BRANCH: 250655 - ACCOUNT: 62703122333
NEDBANK - BRANCH 198765 - ACCOUNT: 1101405015
REFERENCE: “FULL NAMES”
PAYMENT:
Invoicing will be done immediately after the auction and all payments must reflect in our account within 24 hours after issuing of the invoice. Failure to pay within this timeframe may result in forfeiture of the deposit and lots being put up for sale again. ALL costs associated with the removal of any items are for the bidder.
Cash Deposits into our bank account will attract an administration fee of 3%.
On clearance of payments in the auctioneer’s account, the buyer will receive a removal certificate to present to the site representative for loading.
DISPATCHING TIMES:
ALL lots must be removed no later than 21 JANUARY 2022 between 9h00 and 15h00 weekdays only.
NOTICE:
Please note that some of the vehicles are being sold with deregistered papers. All vehicles with an RC1 must be transferred into the purchaser's chosen name within 21 days after the auction. The purchaser has 7 days after the auction to report any discrepancies with regards to police clearances. All NCO's will be submitted by the auctioneer to the traffic department within 21 days after the auction.
Every lot will be sold as is, with no guarantees or warrantees, express or implied.
All information regarding the lots in the buyer’s guide are statements of opinions only and shall never imply any guarantee as to the correctness or completeness of any information supplied either verbally or in writing about any lot.
Every person at the site before, during and after the auction sale shall be deemed to be there at his or her own risk with notice of the condition of the premises, the activities on the premises and the conduct of third parties and any registered bidder shall so advise his agents and employees.
No persons shall have any claim against the auctioneers, their agents, employees or principals for any injuries sustained, nor for damages to or loss of property which may occur from any cause whatsoever.
It is the buyer’s sole responsibility to view the assets before bidding and to familiarise him or herself with the assets being bought.
APPROVAL REQUIREMENTS
- Refundable Registration Deposit R15 000.00 by EFT
- FICA Documents
Proof of payment and FICA Documents to be sent to auctions@cahi.co.za for approval to bid online.
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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 the company BRNC and proxy ID copy.
If purchasing where the person is not a RSA citizen, a copy of your traffic registration certificate & proof of identity.