Register for EXOASSETS Auctions

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Terms & Conditions

Terms and Conditions
The highest bidder shall be the purchaser, subject to a reserve price, if any.

EXOASSETS may, without giving any reason, refuse to accept the bid of any person or persons, and may decline the offer for any lot, or withdraw any lot or lots from sale.

Should any dispute arise as to any bid, the relevant lot or lots may, at the option of the Auctioneer, be put up again and resold.

All assets in this sale are sold on an “As Is - Where Is” basis
Assets included in this sale may be used, therefore inspection is highly recommended prior to bidding. Photos and descriptions should be used as a guide only.

Delivery is not an option for this sale. The removal of goods purchased is the buyers responsibility

Please take care when making a bid as once your bid is placed, it cannot be withdrawn and will not be cancelled. If you are unsure do not bid as no refunds will be given.


ALL ASSETS IN THIS SALE ARE SOLD “AS IS” WITHOUT WARRANTY AND COOLING OFF PERIOD

GST & Buyers Premium

GST Exclusive & Inclusive Examples

A Buyers premium applies to all lots purchased. Please refer to the individual sale or lot descriptions for the applicable percentage.

GST Exclusive example:
• Successful Bid Price is $100 + 20% Buyers Premium = $120.00 +10% GST = invoice total of $132.00
• Successful Bid Price is $1000 + 13.75% Buyers Premium = $1137.50+ 10% GST = invoice total of $1248.50
• Successful Bid Price is $5000 + 7.5% Buyers Premium = $5375.00 +10% GST= invoice total of $5912.50

GST Inclusive example
• Successful Bid Price (Inc GST) is $100 + 20% Buyers Premium = $120.00
• Successful Bid Price (Inc GST) is $1000 + 13.75% Buyers Premium = $1137.50
• Successful Bid Price (Inc GST) is $5000 + 7.5% Buyers Premium = $5375.00
 
Payment

Please note that cash, personal or company cheques are not accepted.

Invoice must be paid via direct deposit within 2 days of sale closing.

Any payment enquiries, please email accounts@exoassets.com.au

Online Auction Closing
Typically, auctions end at their posted closing time. There are some exceptions to this however, if there are any bids placed on a particular lot within ten minutes of the auction closing time, It will be extended until there are no more bids placed within ten minutes of the last successful bid.

There is no limit to the number of times an online auction can be extended. This makes EXOASSETS work more like a live auction where the bidding does not stop as long as there is still interest in the product, rather than assigning an arbitrary cut-off time. To ensure that you do not get outbid make sure you monitor the auction until you have won the item or enter a ''Maximum Bid'' that you think will win!

 By registering and bidding you have agreed to our terms and conditions of sale. All bidding is subject to the online "Users Agreement"

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

 Buyers Please Note:

  • Please take care when making a bid as once your bid is placed, it cannot be withdrawn and will not be cancelled. If you are unsure do not bid as no refunds will be given.
  • By registering and bidding, you have agreed to EXOASSETS terms and conditions of sale. If necessary please familiarise yourself with them prior to bidding.
  • The terms and conditions may change from time to time. Please ensure you clearly read the special terms and conditions contained in this page and also in the bidders 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.
  • EXOASSETS guarantee that all items in this sale are sold with clear title. Bidders may find when they do perform a PPSR check (highly recommended) in many cases that the items do have an encumbrance, which will be lifted as soon as the item is sold at and monies are cleared in our account.