Double vending machine

Participation in the auction is subject to the
acceptance and unconditional acceptance of
these Auction Terms and Conditions:
1. BID
- The submission of a bid means a binding
offer.
- The bidder remains bound to his bid until it
is either outbid or rejected by Auctioneer.
- Bids of unknown persons may be rejected
by Auction House.
- Persons who are not present may notify the
Auction House in writing of intended bids.
These bids are considered as maximum bids,
plus premium. Changes to a written bid must
be made in writing; they must be received by
Thursday, 7 October 2021, 18.00 at the latest.
Written bids can be send to
info@dutchauctioncompany.com
- Request for Telephone bids must be made
not later than 7 October 18.00.
2. AUCTION OBJECTS
- The objects are offered and sold in the
name and for the account of the consignor.
- The Dutch Auction Company and the sellers
disclaim any warranty for the age, origin,
condition and quality of the vehicles and
objects put up for auction. The objects are
sold in the condition in which they were at
the time of the knock down.
- All objects are to be inspected at the
preceding exhibition. It is possible to get
an idea of their condition and value and to
obtain information. The buyer
acknowledges, that we sell used goods
which can have marks and defaults caused
by their age.
- The objects are described based on the
latest current state of knowledge to the
best of our knowledge and belief. The Dutch
Auction Company is not liable for obvious or
hidden defects.
3. KNOCKDOWN/PROPERTY
- The object is awarded to the highest bidder.
The object will only be delivered to the
buyer after payment has been made in full.
- The knock down could be also conditional.
If it is called up « conditional sale», it means,
that the reserve was not met. The Auction
House will first consult with the seller and
afterwards inform the buyer, if his offer was
successful or not. This may happen right at
the sale or within a few days.
- In the event of differences between two
or more bidders, the Object may be offered
again.
- Once the bid has been accepted, no further
complaints will be accepted.
4. KNOCKDOWN PRICE/COSTS
- A premium of 24% must be paid on top of
the hammer price. This includes 21 % VAT*
on the buyer premium.
- For cars, a 14,5% buyer’s premium will
apply. This includes 21% VAT* on the buyer
premium.
* Explanation of the application of VAT:
> Private buyers registered within the Netherlands
and Europe are invoiced including
VAT.
> Private buyers registered outside Europe
and exporting the purchased lots, that is
leaving Europe, will be invoiced without VAT.
Proof of export of the lots is required.
> Commercial buyers (companies) registered
in the Netherlands invoiced including VAT.
> Commercial buyers (companies) registered
outside the Netherlands but within Europe
can be invoiced without VAT.
> Commercial buyers (companies) registered
outside Europe and exporting the purchased
lots, that is leaving Europe, are invoiced
without VAT. Proof of export of the lots is
required.
If commercial buyers (companies) wish to
make use of the above VAT application, they
must register as a commercial (company)
bidder. Company name, address and VAT
number are then required information that
must be provided at registration.
5. PAYMENT OF THE OBJECTS
- The auctioned objects must be paid for and
collected from the auction site by Tuesday,
12 October 2021 13.00 in cash or on our
account. On Credit Card payment an
additional 3% will be added to the total bill.
- Before leaving the auction room, each buyer
is requested to take receipt of the relevant
formalities at the auction office and to make
a full or appropriate down payment.
6. DELIVERY / COLLECTION
OF THE OBJECTS
- The auctioned objects will only be delivered
after the auction and after full payment.
- The objects must be collected by Tuesday
12 October 2021 13.00. Later collection may
be possible by agreement with the auction
house.
- Objects, that are not collected on time will
be removed to storage at the buyer’s expense.
Costs of transport and storage are at the
expense of the buyer.
7. LEGAL ISSUES/LIABILITY
- The Dutch Auction Company reserves the
right to make changes and comments regarding
the object description before and
during the exhibition or until the bid is
accepted. Lots may be added or removed.
- The Dutch Auction Company, as sales
commissioner according to article 7:425 BW
7:425 BW, acts for the account of the consignor.
Any liability for defects shall be excluded
in accordance with section 2. Any notices
of defects, claims for rescission or reduction
must be addressed directly to the Consignor
as the seller. No representative or employee
of the Dutch Auction Company is entitled to
issue any guarantees deviating from this.
- The auction management may offer lots
outside the numerical order without justification,
and may combine, separate, or
withdraw catalog items.
- Any participation in the auction is at your
own risk. In the event of damage to
exhibited objects, the causer shall be liable.
- Each removal of the auctioned objects, also
by third parties, relates to own costs and
risks.
- The invoice for the auctioned objects is to
be paid in accordance with section 5. If this is
neglected, the auctioneer may, at his discretion,
demand fulfilment of the purchase
contract by charging a default interest of
1% per month on the hammer price plus
surcharge and the costs of collection.
However, he may also withdraw from the
purchase contract without notice or other
notification and cancel the knockdown and
sell the object by private contract. In this
case, the successful bidder shall be liable for
all damages resulting from non-payment or
delayed payment, in particular for any loss of
proceeds. Any down payment made will be
deducted from the damage.
- The auction and all disputes arising from
it are subject to Dutch law. This applies regardless
of the legal domicile of the parties
involved.
- The English version of these Terms and
Conditions of Sale shall be authoritative for
the assessment of disputes.
- The place of jurisdiction is Breda, Holland.
8. GENERAL
- The auction and sale conditions are made
known to every interested person and are
posted in the auction hall during the exhibition
and auction.
- Legal identification, name and address of
the buyer are required for bidding and auctioning
an object. Registration entitles the
buyer to bid.
- It is the buyer’s responsibility to protect himself
against the risks of loss, theft, damage,
and destruction of the objects in question by
taking out insurance in good time. All risks are
with the buyer after knockdown of the item.
Tilburg, September 2021