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Auction Handbook - Auction Tips
Auction tips:
- Before traveling any
considerable distance to the auction, you should obtain
a catalogue of items to ensure the goods for sale are
what you require.
Certain auctions can be subject to cancellation at short
notice and it is therefore a good idea to phone on the
morning of the sale to confirm the sale is going ahead.
- You should inspect the
items thoroughly as most auction items are sold without
guarantees, if items are described as faulty check that
the faults can be easily repaired, sometimes you can
test the goods before the auction starts, ask the
auctioneer if this is possible.
Some motor vehicle auctions give you a period of time
after the sale in which to return the vehicle if it is
found to be faulty, again check this with the auctioneer
prior to bidding.
- Think about setting
yourself a price limit on the goods you are interested
in and "stick to it", how much would the item cost new
with a guarantee?
Remember a "buyers premium" may be added to the final
bid price at some auctions and local taxes may also be
added to the price ( check the "conditions of sale" in
the catalogue or consult the auctioneer before bidding )
- Catalogues are not set
in stone and items listed can change.
- Listen out for any
changes stated by the auctioneer in the description they
give of the item at the start of bidding.
- If you bid for the
wrong lot, tell the auctioneer immediately, although you
have a legal obligation once you have won the bidding
the auctioneer may present the item for auction again,
but this is purely at the auctioneers discretion and you
may have to make up any difference if the final price is
lower than your original successful bid.

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