Motor Vehicle Online Auction

Motor Dealer Licence: LMCT11156

This sale is pick up only from 140-152 National Drive, Dandenong South VIC 3175.

These assets are used therefore inspection is highly recommended prior to bidding, description & photos should be used as a guide only.

PLEASE NOTE: THIS IS AN AUCTION SALE. ALL ASSETS IN THIS SALE ARE SOLD “AS IS” AND WITHOUT COOLING OFF PERIOD

• Please take care when making a bid as once your bid is placed, it cannot be withdrawn and will not be cancelled unless there are exceptional circumstances (as determined by Grays). If you are unsure do not bid as no refunds will be given unless there are exceptional circumstances (as determined by Grays).

• By registering and bidding, you have agreed to Grays terms and conditions of sale. If necessary please familiarise yourself with them prior to bidding on any items in this auction.

• The terms and conditions of the online auctions may change from time to time. Please ensure you clearly read the special terms and conditions contained in this page and also in the user agreement. Continuing to use the online auction service following amendments to these terms & conditions will constitute your acceptance of the new terms & conditions applying to this service.

Terms & conditions can be found in our Online User Agreement and Motor Vehicle Terms and Conditions

Grays guarantees that all vehicles/boats/motorbikes (Vehicle(s)) in this sale are sold with clear title, however in this respect note that:

• Bidders may find when they do perform a PPSR check (highly recommended) in many cases the vehicles do have a security interest registered against them, which will be lifted shortly after the relevant vehicle is sold and monies are cleared in the secured party’s/security holder’s account; and
• Please allow up to 10 business days for the security interest registration to be removed.

Please contact Grays if this has not happened and we will assist with the removal.

• Grays staff are onsite for security purpose only, please make sure you have people to help you load your purchases and provide suitable transport.

GST & Buyers Premium:

The GST treatment and Buyers Premium allocation for all lots in this auction are identified in the OVERVIEW section above. Where applicable, GST and Buyers Premium are applied to the final bid price and a detailed breakdown is provided on the CONFIRM BID page.

Asset Condition

Please refer to the individual lot description for asset condition. All lots have pictures assigned to them. These should be taken as a guide only. Assets included in this sale may be used, therefore inspection is highly recommended prior to bidding. If classed as ‘Used’ the asset may have experienced moderate to heavy usage by consumers and have not been tested to ensure that they function according to the manufacturer’s specifications. Some individual items may show signs of wear common with used items and in some instances accessories may vary from the standard (for example, software or manuals may be missing or different, no original packaging). (As per the bidders agreement that you have agreed to)Photos, descriptions and conditions reports (if any) should be used as a guide only. Bids on assets in this sale should be made based on your own inspection and assessment of the assets.

Payment

Invoice totals exceeding $10,000 must be paid by direct deposit within 2 days of auction closing. For invoices totalling in excess of $10,000 Grays reserves the right to charge a deposit against the purchaser’s credit card to a maximum of $10,000 or 20% of the invoice total. In bidding in this sale, the buyer agrees without reservation to Grays doing so. Email our Accounts Team on [email protected] for an exact invoice total. Please note that cash, personal or company cheques will not be accepted. For invoices totalling less than $10,000, your credit card will be debited within 2 days of auction closing. To assist in the processing of payments please have funds available. Invoice totals exceeding $10,000 will not be split.

Any payment enquiries, please email [email protected]

Going, Going, Gone! Period

Typically, the initial stage of online auctions are over at their posted times (for example, if the reserve price is met when the clock runs to zero). There are some exceptions to this, however, if there are any successful bids on a particular lot within 10 minutes of the close of the online auction (the “Going, Going, Gone! Period), it will be extended until there are no successful bids within the “Refresh Period”.There is no limit to the number of times an online auction can be extended. This makes Grays work more like a live auction where the bidding doesn’t stop as long as there is still interest in the product, rather than assigning an arbitrary cut-off time. This means it is a good idea to watch the action as the auction nears closing time and to check back often.(Refer to Online User Agreement for full details of “Going, Going, Gone” period)