Auction Terms:

R10,000.00 Registration Fee Payable By Bank Cash Deposit Or EFT Only, Payment To Reflect In MJO Bank Account Before A Bidders Number Will Be Issued.

Bank Details:

BANK: ABSA BANK

SOMERSET WEST BRANCH

ACCOUNT NAME: MICHAEL JAMES UMGALELO AUCTIONEERS (PTY) LTD

ACCOUNT NUMBER: 406 198  2314

BRANCH CODE: 632 005

DEPOSIT REFERENCE: SARS / BIDDERS NAME

Registration Deposits For Non Purchasers To Be Refunded One Day After The Auction.

All Invoices To Be Settled Within 2 Hours After The Auction.

Invoices To Be Paid By Bank Cash Deposits Or EFT Only.

A 2% Cash Handling Fee To Be Charged On All Cash Deposits.

Removal Of All Goods Sold On Auction To Take Place 3 Days From Date Of Auction And Only After Proof Of Payment Has Been Received.

No Buyer Will Be Registered Without Meeting FICA Requirements (a copy of your proof of address not older than three months and a copy of your ID).

SARS Will Be Responsible For Transfer Of Ownership And All Required Documentation To Effect The Transfer Of Ownership To The Purchaser.

VAT To Be Levied On All Purchases.

Purchasers Are Not Responsible For Auctioneers Commission,

All Items Are Sold Voetstoots.

Please note that we do not have any further details on the vehicles going on auction, the information listed on our website is the only information that has been provided to us by SARS, you are welcome at the viewing day to view the vehicles and try and obtain as much information as possible, we have not been provided any additional information and cannot guarantee year models, mileage, condition, etc.