MOTORCYCLE AUCTION
Terms & Conditions
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- Buyers may inspect the condition of any motorcycle from the morning on the auction day till the time when auction begins.
- The price of each motorcycle to be placed in auction is attached to each motorcycle.
- Bidder must place deposit 5,000 baht, by cash or cashier cheque, for making registration in bidding participation before the auction.
- Bidder can get the deposit 5,000 baht back immediately if bidder could not win in the auction
- Bidder raises hand and state a bidding price. The next bidder must offer at least 1,000 baht.
- The highest bidder must deposit 10% of the successful bidding price and 7% VAT. and the auction service charges 6,420 baht at the auction date. The balance of the price, 90% must be paid through Siam Commercial Bank before 12.00 NOON on Thursday after successful bidding.
- After making a full payment, successful bidder can retrieve the car immediately. The company will appoint a day for successful bidder the pick up the car registration book and an ownership transfer form within 30 days.
Remarks : - Buyer is responsible for ownership transfer fees, cost of duty stamps, fees for transfer of car registrations to different province, and various taxes.
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