Setra 315 GT - Reg RIB 6582 Date of Registration: 20/1/2004 MOT Expiry: 11/1/2019 Mileage: 719,

Conditions of Sale for On-line Business Auctions
1. Anybody selling, bidding or buying at our sales is deemed to have read and understood these conditions and to agree to be bound by them. In these conditions “we” means Shouler & Son, auctioneers.
Acceptance of Goods
2. We accept goods for sale subject to payment by the seller of the current scales of commission and charges, and subject to our condition of acceptance for private or trade goods printed on the relevant entry form.
3. If anybody brings to the Sale Premises any goods or animal which he could reasonably have known to be dangerous, he shall be liable for all injury or loss which we or anybody else may sustain as a result
Reserve Prices, Order of Sale and Bidding
4. We reserve the right on our own account and on behalf of the seller:-
a. to fix a reserve price
b. to accept or ignore bids made by the seller.
c. to bid on behalf of the seller.
d. to re-arrange, consolidate or withdraw any lots or vary the order of sale.
e. without giving any reason to refuse to accept bids of any person.
5. a No person may bid who is a consumer within the ambit of the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013
b. All bidders must register for live internet bidding no later than 6 p.m. the day prior to the start of the auction, and must pay the Deposit specified in the Particulars on registration. Any registration is provisional and subject to approval by us.
c. The bidder making the highest accepted bid shall be the buyer, but should we inadvertently sell any lot under a reserve price duly notified to us, we may cancel the sale at any time up to three hour after the end of sale, or until the lot is paid for, whichever happens later. 
d. We will not accept a maiden bid or advance for less than we state from time to time.
e. A bidder shall not retract his bid
6. If a dispute arises as to any bidding then at our discretion either:-
a. the lot to which the disputed bid relates shall immediately be put up again, or
b. we shall determine the dispute and our decision shall be final and binding on all parties
7. Buyers Premium (BP), Value Added Tax (VAT)
a. The buyer must pay to us, such BP (if any) as is set out in the Particulars or is announced at the outset of the Auction (together with VAT thereon) in addition to the hammer price 
b. Unless specified in the relevant lot description, VAT is payable on the goods in addition to the hammer price. For goods destined for export VAT will be charged (or a deposit equivalent to the VAT otherwise payable will be required) and held until and unless all HMRC requirements have been met and valid proof of export produced. Repayment of VAT or deposit will only be made to buyers complying with this within three months of sale. 
c. The hammer price means the price at which the lot is knocked down to the buyer.
d. All references to purchase price elsewhere in these conditions are deemed to include any BP and VAT.
Payment for and Removal of Lots
8. All lots must be paid for on receipt of the auction invoice and within one week of the auction. We will make out invoices only to the buyer. Cash payments are subject to money-laundering regulations, and payments of over the sterling equivalent of €15,000 will not be accepted. Credit card are not accepted and non-EU debit card purchases will be subject to a surcharge. All payments must be made in GB pounds sterling.
9. In the event of any lots not being paid for or removed within the times allowed we may at our discretion:
a. charge interest to the purchaser at 5% above the current HSBC base rate
b. charge for removal and storage of goods 
c. rescind the sale and recall such lots, any loss or expense being recoverable from the original buyer.
10. The risk in each lot shall pass to the buyer at the fall of the hammer, but the ownership of each lot shall remain vested with the seller until the lot is paid for.
11. No goods may be removed until payment has been made and cleared, then all goods must be removed not later than the date prescribed in the Particulars. We may stop the buyer removing any lot until he has paid in full for every lot he has bought at the sale.
12. The buyer is responsible for any damage to any other lots or to the sale premises done in the removal of his lots, and shall either repair the same before removing his lots, or pay the estimated cost of doing so, fixed by us or the owner of the premises as appropriate.
Warranty
13. In so far as the law allows neither we nor the sellers accept any liability for any loss or injury caused by the purchase of any lot. The buyer undertakes to take reasonably practical steps to ensure his purchase will be safe and suitable for use. Because of obsolescence and wear and tear, it is unlikely that goods, bought at auction, will be as safe and serviceable as new goods from shops or trade suppliers. The Seller is not a supplier within the meaning of Health & Safety Act 1974.
14. We do not claim any expert knowledge of the description, origin or fitness of any lot offered for sale. Where adverts, lot descriptions or catalogues are prepared, the descriptions are there to help the buyer to find lots in which he might be interested. All lots will be sold with all faults and errors of description, as seen at the time of sale.
15. The buyer ought to inspect the lots before he buys. If he buys without inspection he does so at his own risk. If in any case we display a sample, we give no warranty as to the condition or consistency of the rest of the lot. Machine hours/mileage are given in good faith as recorded when cataloguing, but are not guaranteed accurate.
Agents
16. Anybody intending to bid shall inform us before the sale if he is going to bid as an agent and shall give us any information we reasonably require. Anybody who buys as an agent shall nevertheless be jointly and severally liability to us with their principal for the purchase price and any matter to do with the sale. 
Site safety
17. The Sale Premises is a commercial environment not designed for attendance by the general public. Neither we nor the Sellers nor the site owners accept any liability for any accident or loss to any persons attending the sale.

These conditions are for use with particulars of sale in an on-line (and any printed) catalogue or summary, and are only for use where all the buyers are business buyers. One cannot have an on-line only auction open to consumers without offering cancellation rights, therefore we DO NOT CONDUCT such sales.