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Online Auction for Government Motor Transport Sale 18

Online Auction for Government Motor Transport Sale

Lots Closing: 23 Jan 2020 from 02:00 PM ZA

By order of Government Motor Transport / Department of Transport

Online auction of 80+ Government vehicles

Auction Notes

All lots are subject to confirmation from the Government Motor Transport
Please note that in order to register for the auction we require a R10 000.00 refundable registration fee paid in advance (and proof of payment thereof) and FICA documentation.

Notice To Purchasers

Buyers Premium : 4.5% Please note: No VAT is charged on the purchase price of the vehicles. VAT is charged on the Buyer's Premium only
VAT / Tax : 15%
Payment Date : 17 January 2020
Payment Type : Wire Transfer
Collection Date : 17, 20, 21, 22 & 23 January 2020

Additional Notes

This auction is governed by the Consumer Protection Act – Act 68 of 2008 (South Africa), and further reference to the Act and the regulations can be downloaded here.
Consumer Protection Act 68 of 2008
Consumer Protection Act 68 of 2008 - Regulations

The Bidders Attention Is Drawn To The Following

The Rules of Auction can be found under the downloadable documents tab
The assets will be sold “Voetstoots” and on “AS IS – WHERE IS” condition. It is the buyer’s responsibility to perform an inspection of the assets prior to the auction.
The Sale of the assets is non-suspensive and not subject to any feasibility or any other condition required by the buyer.

Sale / Auction Is Subject To

A reserve or upset price
All prospective bidders must register prior to the auction and such registration requires proof of identity and residence (FICA) as contemplated in regulation 26;
A refundable deposit may be payable by a bank guaranteed cheque or Electronic Fund Transfer (EFT). Kindly provide proof of deposit.
The auctioneer may bid for any lot or lots offered for sale at the Auction on behalf of third parties
The Auctioneer may bid for any lot or lots offered for sale at the Auction on behalf of seller but, if on behalf of the seller, not at or in excess of the reserve price

 Event Details
  • Bidding Opens:   16 Jan 2020 05:00 PM
    Bidding Closes:   23 Jan 2020 02:00 PM

    Asset Location:
    10 Evelyn Street, Retreat, Cape Town

    Viewing Details:
    Official viewing on the 13, 14 & 15 January 2020 from 9h00 – 15h00

 Contact Details
  • Contact:   Jan Eksteen

    Email:   jan.eksteen@liquidityservices.com
    Mobile:   +27 (0) 82 806 8459
    Tel:   +27 (0) 21 702 3206

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