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