Terms & conditions of sale for vehicles to be sold in zambian kwacha
  • The highest accepted bidder will be purchaser, in all cases at the discretion of the “AUCTIONER”.
  • If an item is knocked down (STC) subject to confirmation the price have got to be confirmed before buyer can pay.
  • All goods sold either by bidding (or) by private treaty. are deemed to have been examined by purchases and without any warranties.
  • Goods must be paid by 10% in the total value by 16:00 on the following day for the confirmation by the purchaser which is non refundable. In such failed condition the bid will be cancelled.
  • The Auctioneer records are in all cases final, & Auctioneer will be the sole arbitrator in the sale, and to any disputes.
  • The Auctioneer reserves the right to accept (or) decline bid/offer, withdraw any lot from the sale and to determine the progression of the bidding.
  • The Auctioneer reserves the right to enforce their rights arised out of
    the breach of any conditions such as dishonouring cheques, incompleted (or) reserved transfers (or) any such similar circumstances and to recover damages for such breach. Costs incidental to such recovery shall be borne by the purchaser.
  • All sales shall be conducted in zambian kwacha. The payments are strictly in zambian kwacha. ownership of goods only pass to purchaser once the goods are paid in full and to satisfaction of seller.
  • Over your bid price (or) offer there will be a purchaser’s levy of 10% plus 16% VAT on levy only. This should be deposited by the time 16:00 on the Auction day in account (or) by cash at the office.
  • Removal of goods prior to payment, as stated will be deemed as theft, and Auctioneer will act accordingly.
  • By registering for participating in any sale conducted by “ZAMBIA BID” the buyer agrees to be bound by the above mentioned conditions of sale.
  • Defaulters: Auctioneer reserves the right to sue any buyer who do not make full payment for their purchaser for the full auctioneers comm]ision and purchasers levy including all VAT applicable