Terms of Sale
This posting is an invitation to attend the auction, not an offer to sell. The offer to sell occurs at the time and location of the auction.
Ritchie Bros. Auctioneers makes no guarantee or warranties, expressed or implied, of any kind. Every item in the auction will be sold as-is, where-is. Please inspect the equipment before bidding.
Purchasers are responsible for removal and insurance.
You can find the full terms and conditions of bidding on the inside cover of your auction catalog if you are bidding in person. Online bidders can read the full terms and conditions of bidding here.
Registration
You must register for each individual auction in order to place bids. There is no charge for registration, but you may need to place a refundable bid deposit. Check under Deposit & Payment Information for this auction for more information. You must also present satisfactory photo identification (identity card, driver's license, or passport). Ritchie Bros. Auctioneers reserves the right to refuse the issuing of a bidding card.
Notice to Attendees
Persons attending are notified that an auction site is a potentially dangerous place. Flammable, noxious, corrosive and pressurized substances are present, heavy equipment is being operated and electric circuits may be live. Every person at the auction site before, during and after the auction sale shall be deemed to be there at his or her own risk with notice of the condition of the premises, the activities on the premises and the conduct of third parties and any registered bidder shall so advise his agents and employees. No persons shall have any claim against the Auctioneers, their agents, employees or principals for any injuries sustained, nor for damages to or loss of property that may occur from any cause whatsoever.
Unreserved Policy
Ritchie Bros.' policy is to sell each and every item without reserves, minimums or limits. Everything will be sold to the highest bidder, regardless of price. The owners of the equipment are prohibited by contract from bidding on their own equipment or from buying it back. Anyone knowing of any owner bidding on his own equipment should advise the auctioneer at once.
Removal
NOTE: Effective immediately, no purchase will be released until payment has been received in full. If payment was made using non-certified funds, the purchase will not be released until those funds clear our bank.
All purchases must be removed from the auction site by the specified removal date or a storage fee may be applied. You can find the removal date for this auction under "Auction Overview" on the auction details page, in the auction brochure, in the sale day listing catalog or by contacting the auction site.
Disclaimer
Where Ritchie Bros. has provided any translation of the English language version of these Terms and Conditions, such translation is provided for your convenience only; to the extent there is any inconsistency between the English language version and any such translation, the English language version shall govern.
NOTAS ADICIONAIS
Important notice for non-EU buyers
Non-EU buyers have the opportunity to use Ritchie Bros.’ nominated freight forwarding companies. Buyers who choose to work with one of our nominated freight forwarding companies for exporting their items out of the European Union will be exempt from a VAT deposit. A list of freight forwarding partners is available at the registration counter.
Buyers who are exporting their purchases out of the European Union using any other forwarding company will be required to pay a VAT deposit on all items. The deposit amount is equal to the local standard VAT rate calculated on the selling price of each item purchased. This deposit will be refunded to the bank account of the buyer within 7 working days AFTER presentation of Proof of Final Export Documents and full banking details. The documents must be presented to Ritchie Bros within 90 days of the auction. The documents can be provided by your Customs Broker or Freight Forwarder. Buyers should provide accurate bank details in order to facilitate timely refund of deposits.
Important notice for non-Local European Union buyers
In accordance with local VAT law, all purchases require payment of local VAT, unless all of the following conditions are met:
- valid and verified EU VAT identification number of buyer
- payment for purchases from a bank, not established in the auction country
- transport document (CMR) signed and stamped at destination proving that items have physically left the auction country within ninety calendar days of the auction.
If Ritchie Bros. received a valid EU VAT identification number, initially no local VAT will be charged. In the case that afterwards the above conditions are not met, Ritchie Bros. will charge the standard local VAT rate calculated on the selling price of each item purchased.
European Union Machinery Directive
Effective January 1, 1995
Certain items in this auction may require CE-marking. Items that are not CE-marked are offered for sale on the condition that any buyer intending to sell or use such item within the European Union will take the necessary measures to certify the item, if and as required under the European Union Legislation on Machinery implemented in the national legislation of the relevant member countries. The purchaser is responsible for all costs related to certification and upgrading. Please contact the manufacturer or his authorized representative within the EU for details.