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Please read the Terms and Conditions and indicate your acceptance by clicking on the accept button at the bottom of the registration page. You must accept the Terms and Conditions in order to access to the www.singaporecarauction.com.sg website and the user preference pages.
1. Vehicles are offered by Singapore Auction Services Private Limited ("SAS") on behalf of the owners of the vehicles.
2. Vehicles are offered by way of real time auction.
3. Persons who wish to bid for vehicles are required to register on-line with SAS at
www.singaporecarauction.com.sg. The act of registration permits SAS to carry out any checks
that it deems necessary, including and not limited to credit checks, address checks and checks to determine whether you are a registered motor vehicle trader. SAS reserves the right to request identification from or deny registration to any registrant without giving any reason.
4. By logging onto www.singaporecarauction.com.sg, you agree to abide to the terms and conditions as stated herein. Failure to abide to these terms and conditions will disallow you to participate in this sales system.
As part of the service, SAS may supply you (without charge) with software to enable the use of the SAS website. You acknowledge in relation to any software supplied to you that:
5.1 You will have a non-transferable, non-exclusive, personal licence to use that software.
5.2 You will not gain any ownership interest in the software.
5.3 You must not sell, assign or otherwise dispose of the software.
5.4 You must not copy, alter, modify, reverse engineer or reverse compile the software.
5.5 SAS makes no representation or warranty as to the quality of the software.
5.6 SAS will have no liability to you in relation to the software for any direct or indirect loss or damage you may suffer or incur through your use of the software.
6.1 Bids are placed by entering a bid against the relevant vehicles details.
6.2 Each bid, when recorded on the server of SAS's web site will constitute an irrevocable offer to purchase the vehicle bid on. The bidder may not withdraw its bid at any time after the bid is made. The bid remains valid until the earlier of SAS notifying the successful bidder or the vehicle being passed in for failure to meet any applicable reserve price.
6.3 SAS and its vendor are not obliged to accept the highest or any bid and SAS's decision as to who is the successful purchaser is final.
6.4 SAS have no liability for bids not being processed or accepted due to technicalities or any other reason. SAS cannot be held liable for any viruses or other detriment suffered by person or their computer systems, as a result of the persons use of this on-line system.
6.5 SAS reserves its right to withdraw vehicles for auction without notice and SAS will not have any liability or obligation to purchasers or intended purchasers as a result of any change or withdrawal.
6.6 All lots are offered for sale subject to:
(a) any reserve price set by the vendor or vendor's agent;
(b) the right to bid on behalf of the vendor or vendor's agent;
(c) the right to bid on behalf of an absentee bidder.
6.7 Bidding on any lot can be received from:
(a) bidders on line through www.singaporecarauction.com.sg;
(b) physical bidders at auction;
(c) phone bids;
(d) any combination of the above.
6.8 The reserve price recorded against any lot is set by the vendor and represents the minimum price that vendor wishes that car to be sold for. SAS reserves the right to alter the reserve price based on the vendor’s instructions at any point prior to an auction. When a reserve price has been met or exceeded, this will be indicated by a READY TO SELL message on the bidders screen.
In the event that the reserve price has been met, all bidders subsequent to this notification are bidding in the express knowledge that if they are the highest bidder at the conclusion of that auction lot, they will be deemed to be the new owner of the vehicle.
SAS will give notice to the successful purchaser by email to the nominated email address or by phone within two working days of the close of the auction. SAS accept no liability for lack of delivery of this message for any reason.
8.1 Upon SAS giving notice to the successful purchaser at its nominated email address, the successful purchaser shall have entered into an unconditional contract to purchase the vehicle bid for, the terms for which are net cash.
8.2 The successful purchaser shall pay, unless otherwise specified, in Singapore dollars (S$) to SAS the bid price, SAS’s Auction fee (excluding GST) and any other applicable charges ("the purchase price").
8.3 The purchaser is required to pay SAS a security deposit of 20% of his intended purchase(s), subject to a minimum of S$2000, in the form of cash or Bank Telegraphic Transfer. The deposit is refundable but is forfeit to SAS in the event of the purchaser failing to complete any purchase. The forfeit of the deposit is in addition to SAS’s rights detailed in paragraph 8.5.
8.4 The purchase price shall become immediately due and payable upon SAS’s' notification to the successful bidder. Within 48 hours, all successful purchasers must make immediate payment by bank cheque upon receipt of tax invoice.
8.5 If, for any reason whatsoever, the purchaser fails to pay the purchase price within 48 hours of receipt of the tax invoice, it shall be optional for SAS at its discretion and without notice to:
(a) re-sell the vehicle privately by auction; and/or
(b) sue for the balance of the purchase price; and/or
(c) charge the purchaser interest at a rate not exceeding 24% per annum on any part of the purchase price unpaid by the purchaser from the date of sale until actual payment.
(d) In the case of a resale pursuant to this paragraph, SAS shall be under no obligation either to the vendor or the purchaser for any loss that occur on the resale, nor shall the purchaser be entitled to any increase in the price that be received but the purchaser shall, if called upon, make up any deficiency in the price obtained on any resale.
(e) charge the purchaser a fee of $250.00 (excluding GST) additional to the purchase price for presenting SAS any cheque which is subsequently dishonoured.
(f) the purchaser shall pay SAS all costs and expenses (on a solicitor/client basis if applicable) incurred by SAS in recovering or attempting to recover the purchase price.
All vehicles shall, as from the time of SAS's notification to the successful purchaser, be at the risk of the purchaser.
10.1 All vehicles are sold ex SAS and the purchaser is responsible for removing the vehicle at the purchaser's cost from the vehicle’s stated location.
10.2 No vehicles can be removed without the purchaser having first effected payment for the vehicle and presenting a copy of the Collection Notification Slip to the representatives of SAS. The purchaser or any person, authorised by the purchaser, must bring along proof of identification and authorisation letter for verification by representatives of SAS.
10.3 All successful purchasers shall remove the vehicles within two working days of the close of the auction after which time storage charges of $5 per day (excluding GST) shall apply.
11.1 Vehicles sold will not become the property of the purchaser until full payment is made.
11.2 In the case of payment by cheque, payment is not made until clearance of the cheque.
11.3 SAS reserve its right to withhold release of vehicles until payment is made.
11.4 Vehicles which have not been paid for in full may, at any time, be repossessed by or on behalf of the seller or SAS and representatives of SAS or the vendor may, at any time, go into any premises where the vehicles are present for the purpose of effecting repossession.
All vehicles are offered "as is where is".
12.1 No allowance for any error in quality, fitness or any defect, imperfection or error will be made.
12.2 There are no express or implied warranties as to the condition, mileage or description of the vehicle, notwithstanding any description.
12.3 No representations are made by SAS or the seller as to either the distance travelled or the accuracy of the odometer reading for any vehicle.
12.4 No representation is made as to the past use of any vehicle.
12.5 The purchaser must be satisfied as to the actual condition of the vehicle prior to commencement of bidding.
12.6 By the act of bidding, the purchaser shall be deemed to have inspected the vehicle and have accepted the same in its then condition in all respects.
Except as expressly provided herein in the case of any dispute, any remedy of the purchaser shall be against the vendor only and under no circumstances, including an action for breach of any fundamental obligation shall any remedy lie against SAS or any agent or employee of Singapore Auction Services Private Limited.
Any purchaser, prospective purchaser or person who causes damage to any vehicle either before or after auction will be required to pay for either the repair or replacement to put good that damage.
Where a vendor (seller) books a vehicle into
auction for sale and then
withdraws the vehicle the vendor will be charged a withdrawal fee.
Singapore Auction Services Private Limited reserves the right to add additional conditions of sale to any it conducts. It also reserves the right to modify or withdraw any of the above conditions. In such circumstances, additions, modifications or withdrawals with be notified at the commencement of the auction or at any time during the auction.
17.1 In these conditions the word "auctioneer" includes Singapore Auction Services Private Limited and any person authorised by it to conduct the sale.
17.2 In these conditions SAS shall mean Singapore Auction Services Private Limited
18.1. Subject to any statutory warranties that may apply to motor vehicle dealers selling motor vehicles by auction, all vehicles/goods are offered as is, where is. No allowance for any error in weight, size, quality or fitness or any defect, imperfection or error whatsoever will be made. No express or implied warranties are given as to the condition, mileage or description of the vehicle/goods notwithstanding any description in any published catalogue or advertisement. No representation is made by Singapore Auction Services Private Limited or the seller as to either the distance travelled or the accuracy of the odometer reading for any used import vehicle. SAS do not guarantee the odometer or clock reading on any vehicle. No representation is made as to the past use of any vehicle.
18.2. The purchaser must be satisfied as to the actual condition of its vehicle/goods prior to commencement of bidding. By the act of bidding the purchaser shall be deemed to have inspected the vehicle/goods purchased and to have accepted the same in their then condition in all respects.
18.3. Where the Vehicle Registration Card is not available at the time of sale SAS may check the vehicle details with the Land Transport Authority. SAS do not guarantee information provided by Land Transport Authority nor can it guarantee that the details are complete.
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