Bidders will need to pay a R2 500 deposit in order to bid by
using the online payment gateway on our website. Please use a
“Pay and Clear” option if you bank with a different bank, and
you wish to bid in the next 48 hours.
Funds must clear our account before you can bid.
Please confirm all your details on your profile before making
any payment, as these details will be used to create a final Tax
Invoice. We do not credit note and reinvoice sales in line with
SARS legislation.
Bids exclude a 5% Buyers Premium, R1 850 Document Handling Fee
and 15% VAT on the total.
(example)
Bid Price (R10 000) + Buyers Premium (R500) + Document Handling
Fee (R1 850) + VAT (R1 852.50) = Total (R14 202.50)
Less deposit (R2500) = Total Payable (R11 702.50)
You have 24 hours after an auction to finalise payment online
using our payment gateway. Please use the “Pay and Clear”
function at your bank if you do not bank with our bank to avoid
delays. Payment not made in the required time may constitute a
Breach of Sale.
Once full payment has been made, you can download your Tax
Invoice on our website.