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Terms & Conditions
When you logon to the auction you will be asked to accept our auction terms and conditions. These are important and you should read through them. You are buying a vehicle at auction and if your bid is successful and the auctioneer says ‘Sold’ you have entered into a legally binding contract to purchase the vehicle. Please see our terms and conditions
Currency
All auction prices, deposits, buyer's premiums, administration fees and payments are in Australian Dollars.
Deposit
When you logon to our auction you will be asked to enter your credit card details. We take a pre-authorisation of $500 on your credit card. If you successfully bid on a vehicle we will charge your credit card with $500 as the deposit. If you do not buy a vehicle then the authorisation of $500 will lapse in 3 -5 days The lapse time depends upon your credit card provider. Your deposit is forfeit if you do not pay the balance of your vehicle purchase.
Payment Security
Credit card details once entered are passed direct to our credit card provider system using 128SSL Technology. Credit card details are not stored on our web site.
Warranty
You should be aware that there is no statutory warranty given by the auctioneer for a vehicle bought at auction. Why is this ? There is no warranty under the Motor Dealers Act 1974 in respect of vehicles sold by auction. Accordingly the auctioneer is not required to make good any defect which may exist in the vehicle when sold . The auctioneer prepares an inspection sheet but does not carry out a full mechanical check. You should take the opportunity to inspect the vehicles yourself before you bid at our auctions. We are open 6 days a week and you are welcome to visit us and inspect the vehicles. Many late model cars carry the manufacturer’s warranty. You should check with the manufacturer to ensure the warranty is transferable.
There is no statutory warranty for vehicles purchased at motor vehicle auctions in NSW.
Registration
If you buy a vehicle at our auction and it is registered you will receive a Safety Inspection Report which you will need to transfer the registration to your name.
If the vehicle has been registered within the last month you do not need a Safety Insepction Report.
If the vehicle is not registered, you need to take it to an Authorised Unregistered Vehicle Inspection Station (AUVIS) to have an identification check conducted. Ring the RMS on 13 22 13 for your nearest AUVIS. To transfer the registration into your name you will need to take with you our invoice / receipt as proof of purchase plus a Safety Inspection Report to the RMS. At the RMS you must complete a Transfer of Registration form and pay stamp duty and transfer fees within 14 days of purchase.
Title Guaranteed
Valley Motor Auctions guarantees the title of all cars sold at auction. This is because some consignment vehicles may have finance and the finance company will not release their lien (encumbrance) on the car until they have been paid. Once you have paid for your car the funds are transferred to the owner or finance company and the lien (encumbrance) is lifted.
Buyers Premium
The price you pay for your vehicle is your bid price plus a buyers premium and/or an administration fee.
There is no additional fee for bidding by simulcast.
Our standard fees including GST (not including Government Vehicles) are:
Dealers: $120 Administration Fee or as announced by the auctioneer.
Public: Vehicles up to $10,000 - $660 Administration Fee plus $220 Buyers Premium or as announced by the auctioneer.
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