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2016 BMW 316i I-55
Terms & Conditions
Documentation Costs: R
2000
VAT Applicable:
Yes
Terms
Registration And Payment
R20,000 deposit payable per vehicle per auction by EFT
Valid FICA documentation required
Email proof of payment and FICA to
online@michaeljames.co.za
Payment reference – use name that will be required on auction invoice
VAT at 15% on bid price on all purchases or as specified on individual times
Buyers commission on all purchases or as specified on individual items
VAT at 15% on buyers commission or as specified on individual items
Documentation fee of R2,250.00 on all purchases or as specified on individual purchases
VAT at 15% on documentation fee or as specified on individual items
An invoice will be emailed to the successful bidder within 24 hours of the close of the auction
Payment is due immediately on receipt of the invoice
Accepted form of payment is bank transfer (EFT – ZAR) only, no exceptions will be made
Vehicles / Lots will not be released until funds reflect in MJO account
Please reference name on invoice on bank transfer
Refunds can take up to 5-7 working days to be processed
Only a limited number of people will be allowed on the premises at any given time
Unfortunately, we will not allow any children under the age of 18 to enter the premises
NO ONSITE BIDDING WILL BE ALLOWED UNDER LEVEL 4 RESTRICTIONS – ONLINE BIDDING ONLY
Vehicle Details
Year
2016
Vehicle Make
BMW
Vehicle Model
316i
Vehicle Colour
White
Registration Number
ND183020
Mileage (not guaranteed)
116543
Number of Keys
2
Vehicle Condition
Fair
Additional Comments
Minor scratches
Online Only Auction
Port Elizabeth – Asset Auction Centre
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Item Viewing:
By Appointment Only
Lot Number:
55