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Buy At Auction – How & Why

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General Information


Intro

Buying a quality government owned vehicle has never been easier! State & Local Governments across Australia must dispose of over 100,000 vehicles every year. These vehicles are available to all members of the public and are not limited to dealers or trade buyers.

The first step in assisting you to purchase at auction is visiting this site. Here you can perform a detailed search for the exact vehicle you are looking for, or simply choose from a complete catalogue for the upcoming Government Vehicle Auction at your local Auction Complex.

If you are unfamiliar with the auction process, we suggest attending your local auction house as an observer to get a feel for the way an auction is conducted. This way, when you are ready to buy, you will feel comfortable in the auction environment. - It’s also a good way of getting an idea of the types of prices vehicles are selling at.

Vehicles are on display prior to auction day, Tuesdays from 8:00am to 5:00pm and Wednesday from 8:00am.

Alternatively, you can also attend some of our regional sites every weekend and buy before auction at a pre-auction price. To see which Government Auction locations offer weekend pre-auction sales, click on the Pre-Auction Sales tab above.

How to Register

To be able to purchase a vehicle at auction, you must complete a buyer’s registration card and produce your valid Australian Driver’s Licence with your current address. If you are purchasing a vehicle on behalf of another person, you must supply their date of birth. If you are purchasing a vehicle for business purposes you must supply an ABN number. The Registration Form enables us to issue you with a Bidder Number for this auction, which is valid for the duration of the day’s auction sale.

At the Auction

All vehicles will be lined up in our auction complex, selling in Lot Number order. At the beginning of the auction, the auctioneer will announce the terms and conditions under which the sale will take place.

Each lot is sold as a separate unit and is sold in numerical order. All vehicles have a Reserve Price set by the vendor (government or statutory authority) and the auctioneer will call for a starting bid. The bid usually rises in increments of $500, $250, $200 or $100 – no less. To bid, raise your bidder’s card in the air in full view of the auctioneer or his “spotters” until you have been acknowledged by the auctioneer. From this point, continue bidding as you see fit as the auctioneer will make it plainly clear where the current bid lies.

Auction Outcomes

There are only 3 possible outcomes once the bidding has stopped on a particular Lot number.

  1. If the vehicle reaches reserve it is sold to the highest bidder.
  2. If the bidding stops just short of reserve, that price will be referred back to the owner of the vehicle and negotiations will only take place with the highest bidder. This is called a referral. If a bid is referred to your buyer number, you have the option of purchasing the vehicle at the reserve. If you are waiting for an answer on such referrals, you may bid & purchase any other vehicles in the sale.
  3. If the bidding stops too far below reserve, the vehicle will be passed in and will go in the following week’s auction sale.

If you are a successful bidder, you will be required to leave a 10% deposit (cash or bank cheque) on the fall of the hammer, and pay the balance within 24 hours.

Congratulations, you’re the highest bidder

Now comes the business of paying. Acceptable payment methods are cash, bank cheque, BPAY, EFT or finance. Only once cleared funds are in our bank account will we release the vehicle to you. If you choose not to go ahead with the purchase of the vehicle you will forfeit your deposit. Included in your Invoice may be a Buyer’s Administration Fee, and a Handling Fee – there are no other hidden administration costs or fees and no invoicing fee (reprints only). If you choose to pay by cash or bank cheque, present your funds to the cashier and drive away today. If you choose to pay by EFT, BPAY or Finance, please understand the vehicle will not be released to you until those cleared funds enter our account (which can be an overnight process).

Do you need finance?

If you require finance on your vehicle, we have finance facilities based at our auction sites provided by Aussie Car Loans. We suggest contacting them before attending auction so you are pre-approved and know how much you can spend.
To contact Aussie Car Loans, call 1300 789 298 or click here to apply for finance

What to do once you have purchased your vehicle

You are now the owner of a Government vehicle. Some of our Government vehicles are sold with current registration. If this is the case with your vehicle, you have 14 days to proceed to the VicRoads (RTA) and transfer the registration into your name and pay 4% of the purchase price in Stamp Duty. If your vehicle was sold as unregistered, please see the State specific details on this website, and contact the relevant body to confirm all costs associated with the re-registration of your vehicle.

Don't forget to organise vehicle insurance