We have visited one of the vehicle/car/motorbike/equipment auction house recently and get some info and experience during car auction event held every saturday around 11am. Here is some video shot where you can see two licensed auctioners stating every auction item in terms of “Lot number”. The auction process is so fast.
Below also we attach the terms and condition on how to join the auction for car auction, motorbike auction and the equipment auction with sample of auction list updated every week.
[youtube:http://www.youtube.com/watch?v=kXlYJbbOPz4 425 344]
LELONG MALAYSIA VEHICLE / CAR AUCTION PROCESS & PROCEDURE – VIDEO
How to join or register in an auction?
Bagaimana Cara sertai lelongan kereta – di tempat kenderaan lelong
Terms and Condition Of vehicle’s / car auction:
– All vehicle / car sold AS IS WHERE IS BASIS and subject to the condition of sales
– No refund will be entertain for ENGINE CHANGED and BLACKLISTED by relevant authorities
– All attending bidders are advised to inspect the conditions of the vehicles and perform their own JPJ & PDRM search before the auction
– Bidder deposit required RM1000.00 and a purchaser premium of RM500.00 per vehicle by cash, credit card or bank draft
– Vehicle / car sold above RM100,000.00 deposit required RM5,000 and purchaser premium RM500.00 per vehicle by cash, credit card or bank draft
– The purchaser shall pay the balance of the purchases in full to the legal owner within the period as stated in the terms and condition of auction sales
– The details of the vehicle as listed are subject to change by the legal owner.
Terms and Condition Of motorcycle’s auction:
– All motorcycle / motorbike sold AS IS WHERE IS BASIS and subject to the condition of sales
– No refund will be entertain for ENGINE CHANGED and BLACKLISTED by relevant authorities
– All attending bidders are advised to inspect the conditions of the motorcycles and perform their own JPJ & PDRM search before the auction
– Bidder deposit required RM200.00 and a purchaser premium of RM100.00 per motorcycle by cash, credit card or bank draft
– The purchaser shall pay the balance of the purchases in full to the legal owner within the period as stated in the terms and condition of auction sales
– The details of the motorcycle as listed are subject to change by the legal owner.
Terms and Condition Of Equipment’s auction:
– All equipments sold AS IS WHERE IS BASIS and subject to the condition of sales
– All attending bidders are advised to inspect the conditions of the equipments before the auction
– Bidder deposit required RM100.00 and a purchaser premium of RM50.00 per equipment (Except items 4-7 RM20.00) by cash, credit card or bank draft
– The purchaser shall pay the balance of the purchases in full to the legal owner within the period as stated in the terms and condition of auction sales
– The details of the equipments as listed are subject to change by the legal owner.
Example of equipment : Tablet PC, mobile phone, laptop, computer, and any equipment bought via installment.
GUYS? Do you have any experience regarding car auction? Any opinion?
Sir I would like to be part of this , thanks
Dear Sir / Madam,
We are from Sepang International Circuit that is located at Sepang International Airport.
We have 24 units of racing Track Bike to do the auction at your place. All document purchases from Italy we could provide to your end.
Could you give us the quotation on how we could send our bike to your place for the auction purpose? How much commission for each bike that could be in the auction? For the storage at your place, do you charge it?
We hope you could give all the details in the quotation.
Details of our bike in warehouse:-
Racing Track Bike:
1. Type Bike : SuperSport
C.C : 110
Qty : 18 units
2. Type Bike : SuperSport
C.C. : 190
Qty: 6 units
Condition of the motorbike:
1. Track racing uses only
2. Not for onroad use.
3. Cannot register to JPJ due to this bike only for racing purpose.
4. All documents purchased from Italy we could provide.
Best Regards,
Amril Nurman Zainul Anwar
Assistant Manager
Procurement Department | Sepang International Circuit Sdn. Bhd.
H/P: +6017 346 7609