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Car Auction Guide | Car Auctions South Africa
Auction Guide PDF Print E-mail
Everything you want & need to know about buying on Auction Registration Process

Registration Process

For you to register as a buyer on auction you will require the following:
  • A refundable R5 000.00 bank cheque or credit card deposit is required to register at any of our auctions. Please note that no personal cheques or cash will be accepted.
  • On registering, you will require proof of identity, ID book or drivers.
  • Once you have completed a simple registration form, you will be issued with a buyer’s number which will enable you to take part in the bidding.
  • If you did not buy on the auction, your R5 000.00 will be refunded to you after the auction is concluded.
  • If for whatever reason you do not take up a vehicle which was knocked down to you, you will forfeit the full deposit.

Auction Terms and Conditions

All vehicles are sold with no duty to repair - sold as is. As you see them, so you buy them. We will entertain no claims after the sale. All units are sold without any warranties or guarantees of any kind whatsoever. Please ensure that you have carefully inspected the vehicle you are buying before the auction starts.

Burchmore’s gives no warranty as to the correctness of date of first registration, year of manufacture and the odometer reading listed on the vehicle to be correct.

All vehicles are sold excluding a handling fee of R2 500.00 + VAT.

All vehicles are sold excluding 14% VAT

For example:


Bidding Price: R50 000.00
Handling Fee: R2 500.00
Total excluding VAT: R52 500.00
+ 14% VAT: R 7 350.00
TOTAL PRICE including VAT: R59 850 .00

On few occasions the banks have the right to STC a bid. This means that the bid is "subject to confirmation" and the bank has 24 working hours to get back to Burchmore's to either accept the bid or decline the offer.

We do not sell subject to finance; please ensure that your finance is in order before bidding on a lot!

All purchases must be paid for in full and collected within one working day after the auction.

Storage fees of R150.00 excluding VAT per day per vehicle will be charged for late collections.

No cash will be accepted on our premises. Payment either by bank guaranteed cheque, EFT payments or a release note from a reputable Finance institution. Please note that we can only release a vehicle to you once the full outstanding amount is reflected in our Standard Bank account.

Cape Town

Durban

Johannesburg
Bank: Standard Bank Standard Bank Standard Bank
Account Name: Burchmore's Burchmore's Burchmore's
Account Number: 071598472 250760851 001769960
Branch Name: Parow Briardene Bramley
Branch Code: 031110 04362 004005

Tips for Buying on Auction

  • Please inspect the vehicle thoroughly before the auction. We have viewing days where you can inspect and start the vehicles.
  • Make sure that the mileage on the vehicle is as listed.
  • It's the buyer's responsibility to register and license the vehicle into their name within 21 days after the auction.
  • We would recommend buying a 2 year mechanical warranty with the vehicle, just to give you that extra peace of mind.
  • You cannot trade your vehicle in for an auction vehicle, if you have a trade-in, please make use of our retail department where they will be able to assist you with structuring a deal.

Frequently Asked Questions

Are the public allowed to bid on auctions?
Yes! Anyone can register to bid on auction.

How do I bid if I have no previous auction experience?
We would suggest that you attend an auction as an observer, see what happens and, if necessary, ask staff members of the auction house for guidance. Then, before you participate in your first auction, decide what car you want to buy and what price you want to pay.

How do I bid?
The auctioneer will guide the bidding by indicating what price he is looking for. For instance, he will say: "I have R5 000. Do I see R5 500?" All you as the bidder do is raise your hand. If the price goes beyond what you are prepared to pay, stop putting up your hand.

Can I obtain help in bidding?
There are always auctioneers and other members of staff who will be happy to assist you with bidding and guide you through the auction process.

May I test drive the car before I bid at the auction?
Unfortunately not. You can however, go in a day before and inspect the vehicle and start the engine.

How do I know the car is not stolen or that it is not still on an HP or lease agreement?
Burchmore's warrants that all cars it sells on auctions are unencumbered. Furthermore, Burchmore's guarantees free title to the buyer

Is VAT payable on auction units?
Yes. Please take note that VAT is added to your final bid price. All vehicles’ (lots) are sold excluding VAT.

How do I know which vehicle's are on auction?
Catalogues or lists of cars on auction are made available at least 1 day before the auction. You can view the list on-line on our "Auction Info" calendar or you can subscribe for free to "My Burchmore's" to receive the catalogue on email.

Can I finance an auction vehicle?
Yes. Finance is available on our floor with all of the Major Banks.
 
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