You need to bring THB 20,000 to register. Before you can bid at any auction you must fill in a Buyer Registration Card which is available in the auction office. By filling in this form and paying the THB 20,000 fee, you agree to the .Terms and Conditions of Sale. written on the form. You will need to provide photographic identification to register, you may use either your drivers license or passport. If you are a dealer and purchase in a company name you must bring a copy of your company or dealership Phor Phor 20. Once you have completed your details on the form take it to auction office with your identification to receive your Buyer Number.
This number will allow you to bid on vehicles at any MAP public auction being held on that day. You are under no obligation to bid once you receive the buyer's number, however you cannot bid on a vehicle without this number.
To bid on a vehicle you must get the attention of the Auctioneer. You can do this by holding up your hand or waving your buyer's number. Bidding usually increases by THB 5,000, THB 10,000 or THB 20,000 increments, however the Auctioneer can nominate a higher or lower amount. The rise is at the Auctioneer.s discretion.
You cannot withdraw a bid once you have made it. If your bid is successful you will be requested to hold up your buyers number.
When the hammer falls the vehicle is sold. This final price is the selling price and is not negotiable.
If you do not buy a vehicle the THB 20,000 registration fee will be refunded to you in full on presentation of the bidding card and I.D.
After successfully bidding you will be requested to pay a minimum 10% deposit in the form of cash or bank cheque. You will also need to pay a buyer administrative fee of THB 7,429.91 + VAT.
A reserve price is placed on most vehicles. A reserve price is the amount the seller would like to achieve for the vehicle.
If the bid is below the seller.s reserve price then it will be either .passed in. or .referred. in favour of the highest bidder and discussed with the seller. If you are the "referred" bidder, you should report to the Auctioneers. rostrum and await the referral result. You are still able to bid for other vehicles.
All auction bid prices are VAT inclusive. In special cases VAT is not payable if the owner of the goods is not registered for VAT. Lots to be sold on behalf of owners not registered for VAT will be separately identified in the catalogue.
The balance of money owed on the vehicle after your deposit should be paid by 4:00 pm the next business day after the sale. A Buyers Administration Fee is also applicable to each vehicle sold in public auctions. Payment is only accepted in the form of cash or bank cheque unless prior banking arrangements have been made (payments cannot be made through debit card or credit card). Purchase of 2 or more vehicles requires payment for all vehicles and Buyers Administration Fees in full before any can exit the site.
Once you have fully paid for your vehicle by cash or bank cheque the vehicles will be released. After payment, and bank clearance of cheque vehicles must be collected no later than 4:00 pm the next business day.
It is illegal to drive an unregistered vehicle without a permit. Please contact your local Road Transport Authority for further information.
Manheim Asia Pacific can arrange transportation of vehicles. Please ask for the Transportation Department at Manheim Asia Pacific.
