HOW TO BID AT AUCTION

NOTE FOR NEW BIDDERS

Auctioneers need to conduct the auction at a fast pace so that they get through all lots. You need to be prepared, but don't believe the old story that you shouldn't brush away a fly or blink during the bidding. Auctioneers are professionals who understand your concerns. They realise that most people attend few auctions, and that many bidders will need help. Ask questions before the auction and, if you need to, come to several auctions before you buy.

HOW TO BID AT AUCTION

• The vehicles are presented and sold in catalogue order, starting with Lot Number 1. The lot number on the driver's side of the windscreen identifies the vehicle.
• Bids are taken in increments of $200.
• Around 50 to 55 lots are auctioned per hour.
• If you wish to bid on a vehicle, it is wise to position yourself as close as possible to the auctioneer and to join in the bidding at the earliest opportunity.
• Indicate your bid by raising your bidder's number or waving your catalogue.
• If the auctioneer doesn't see you, don't be afraid to call out. The auctioneer and spotters will be watching, but if you don't make your bid known, it may be missed and someone else will go home with the vehicle you wanted.
• If you are the successful (i.e. the highest) bidder, the auctioneer will point to you and confirm that you have been successful. At this stage, hold up your bidder's number and make sure that the auctioneer records it in the file for the car you have bought.
• The auctioneer will announce either that the vehicle is sold. ('That's your car, sir/madam', or words to that effect) or passed in ('We will have to submit that offer'). In either case, if you are the successful bidder, make sure the auctioneer sees and records your bidder's number.
• If the auctioneer announces that the vehicle is sold and you have made sure that the auctioneer has recorded your number, go straight to the 'Winning Bidders Report Here' sign and wait for a staff member to escort you to Administration and the Cashier's Office to complete the paper work.
• If the auctioneer announces that the vehicle has been passed in, and you are the highest bidder, you may be invited to negotiate. Only the highest bidder has the right to negotiate with the Manager at the auction stand.

PAYMENT

• At Administration you are required to provide your details and pay a deposit of $200.
• You will be given a receipt for the deposit. You will need this receipt to make your final payment and to arrange registration, insurance and number plates. (Motor Registration facilities are on site during the auction and for approximately one hour after the auction.)
• Payment in full is required by 3.30 pm on the day of the auction or between 8.30 am and 3.30 pm the day after. Payment is by cash or bank cheque only.
• Cheques are to be made payable to Government Auctions SA.
• After you have paid the deposit, it is recommended that you immediately arrange suitable insurance cover to protect your interest in the vehicle.
• After you have made your final payment, collect your keys.
• Locate your vehicle in the auction yard and drive it to the exit door of the auction room. Staff there will help you fit the number plates.

REGISTRATION FACILITIES

Before you drive the vehicle away you must pay for:

• Registration
• Insurance
• Number plates
• Stamp duty
• Transfer fee
• Administration fee

Motor Registration facilities are available during the auction and for one hour after the auction.

Payment to Motor Registration is by cheque and EFTPOS only.