Euro Auctions - Industrial Plant Auctions, Construction Equipment Auctioneers, Agricultural Equipment Auction

Euro Auctions - Industrial Plant Auctions, Construction Equipment Auctioneers, Agricultural Equipment Auctions

FAQ's

Onsite Registration

(1) How do I register as a first time bidder?
New Bidder registration requirements

(2) What methods do you accept for deposits?
Cash - Acceptable on Auction day.
Banker's Draft - Made payable to Euro Auctions (UK) Ltd./Euro Auctions GmbH.
Debit Card - Acceptable on Auction day.
Credit Card - Acceptable on Auction day (a 2.5% non-refundable fee will be charged).
Bank Transfer - Must be received before a Bidder Number can be assigned Bank Details.

(3) Is there a Buyer's commission charge?
Yes, all Buyer's are charged 2.5% commission plus VAT.

(4) What do I need, if I am already registered?
Regular Buyer Registration Requirements

(5) I can't make it, but I would like someone to bid on my behalf. Is this possible?
Yes, however, we need a letter/email from the director of the company authorising us to allow another representative to bid on your behalf. You can also place an Pre Bid or use Euro Auctions Free Internet Bidding Service. Both these options require the Bidder to be registered for the auction.

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Online Registration

(1) How do I register for the ‘Free Internet Bidding’ service?

Click on www.euroauctionslive.com

A list of upcoming auctions is available – please click on ‘Register’ next to the one you wish to participate in

Enter your ‘Username & Password’

Fill in the Registration Form ensuring you have indicated a ‘Credit’ figure – this is the amount you wish to spend

If a deposit is required you will be informed and arrangements can then be made with our Accounts team to transfer the deposit to our Bank Account prior to auction – Bank Details

(2) How long does the Registration process take?
The registration process is extremely quick unless a deposit is required at which stage you will be informed and a deposit will be requested. Please provide as much detail as possible when registering and try to use your company name if you have purchased with us before.

(3) Are my obligations the same as an Internet Bidder as a floor bidder?
Yes. The Terms and Conditions you agree to during the ‘Free Internet Bidding’ registration process are substantially the same as those you agree to when you register in-person at a Euro Auctions auction.

(4) Can I use my Internet Bidder number to bid on the floor?
No. Your Internet Bidder number, which is permanently assigned to you during the initial ‘Free Internet Bidding’ registration process, can only be used for Internet bidding. You do not receive your Internet bidding number as it is only used internally to identify you as an online bidder and the Internet clerk bids on your behalf. If you attend the auction in person you still need to register at the counter and receive your catalogue and bidder number.

(5) Does registering to bid onsite automatically register me to bid online?
No. At this time, registrations for bidding in person at the auction site and for bidding over the Internet are separate. To bid on the Internet you must first register on the website, and to bid at the auction in person, you must register at the auction site. However, registration is free (note that deposit may be required), and if you need to you can register to bid both ways for the same auction.

(6) Do I retain the same Internet Bidder number for each auction?
At the moment this does not occur as not every bidder registers for each auction.

(7) What is the ‘Credit Limit’ and why do I need to set one?
Your "Credit Limit" is an amount you choose and it is the maximum amount of total purchases you can make in any single Euro Auctions sale. We ask you to set this Credit Limit as a personal protection measure for yourself. By setting a Credit Limit, you can protect yourself from purchasing more than you had intended.

(8) How do I change my ‘Credit Limit’?
You can increase or decrease your Credit Limit for any auction. You must contact our office and you will be transferred through to the Internet team who will deal with your request. Please note that if you submitted a deposit for the auction you will be able to change your Credit Limit once the auction is in progress but this may take some time and if a further deposit is required then it will take considerably longer.

If you are logged in and watching the auction, the change may take up to 10 minutes to take effect once approved.

(9) Why do I need to provide contact details in order to register for the auction?
During the auction, Euro Auctions may need to contact you regarding any purchases you have made or to approve you to bid online. It's important that the contact telephone number you provide not be the same telephone line that you use to connect your computer to the Internet. If Euro Auctions are unable to contact you at the number you provided, Euro Auctions reserves the right to not approve you as a bidder online until such time that you can be reached.

(10) If there is more than one ramp running simultaneously do I need to register for both?
No. A single registration process is in place which ensures that you are registered and approved for all ramps.Terms & Conditions regarding deposits remain the same.

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Currency, Deposits & Payment

(1) How can I tell what currency the Auction is being conducted in?
The currency in use is displayed in the bottom right hand corner of the screen. Should you wish to change from GBP to Euro please click on the arrow on the right. Please note however that exchange rates are approximate only and may not be applicable during the auction.

(2) How do I know if I am required to submit a deposit? How do I submit the deposit?
When you register to bid with Euro Auctions your details are verified against our customer database. Your transaction history determines whether a deposit is required. If a deposit is required you will be contacted and the deposit amount required will be 10% of your projected spend. You will then be provided with instructions for wire transferring the deposit to Euro Auctions. Please ensure your deposit is received at least 48 hours prior to auction. If we have not received your deposit, you will not be able to bid online in the auction. Please note that all wire transfer fees incurred by you to send your deposit to Euro Auctions are at your own expense.

(3) If I do not purchase any Lots – will my deposit be automatically returned?
When the auction has completed by default a cheque is sent to you directly for the amount. Alternatively you may wish to contact the office and arrange a wire transfer to your bank.

(4) How do I know which Lots I have purchased?
When you are the high bidder a message will be displayed on your screen indicating that you have won the lot. During the bidding process you will hear the auctioneer indicating that the ‘Internet’ is the high bidder and he will ask for the bidder number from the Internet clerks.

(5) How do I pay for Lots which I have purchased?
Payment for items purchased using the ‘Free Internet Bidding’ service is handled in the same manner as an Pre bid. You will be emailed or faxed an Invoice for your purchases. Please note that purchase summary does not include applicable administrative fees, purchase fees or taxes. The invoice faxed to you at the completion of the sale will include all applicable fees and taxes.

(6) I have bid on the wrong Lot and won. What are my options if I no longer wish to purchase this lot?
Euro Auctions understand that mistakes may happen and Euro Auctions may have the opportunity to re-sell the Lot again, if notified quickly. Otherwise you will be required to pay for the Lot and you have the option of re-consigning the Lot to the next auction either at that location or one of our other auction sites. Please note you will have to pay any applicable fees.

(7) In what currencies can I make payment?

Payment for items purchased in the auction are made in the currency in which the auction is being conducted. If you submitted a deposit in another currency, unless a request is received, then you will have your deposit returned in the base currency the auction was conducted in.

(8) Can I collect Lots I have purchased on the day of the auction?

Usually it is requested that Lots are not collected any earlier than the Monday morning following the auction.

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Money Laundering

(1) What are the limits?

£10,000/€15,000/$10,000 any payments larger than these amounts will require:

  • Photographic ID;
  • 2 Utility Bills;
  • Certificate of Incorporation/VAT Registration Certificate.

(All of the above requirements have to match with the address on your invoice)

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Computer Requirements

(1) System Requirements

  • Computer Processor 2 GHz or better
  • Broadband Internet connection.
  • 1GB RAM
  • Windows Vista/7/8 or higher version of windows, and Apple Mac OS
  • Internet Explorer 10 or Higher / Safari / FireFox

(2) Windows Vista Firewall setting

Download the firewall setting document

(3) Windows Vista Internet Browser Setting
If you are Bidder or a Guest using Windows Vista as your Operating System, you will need to carry out the following steps to ensure that you can listen to and view the auction.

Firstly open your Internet Browser and go to:
Tools->Internet Options->Security->Trusted Sites->Sites

You must then add the following site -

http://www.euroauctionslive.com (Require Server authentication OFF)

You may also be required to switch off 'Protected Mode' from within the same area on your PC.
(4) Apple Mac OS Internet Browser Setting
Download the Mac OS setting Document
 

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Free Internet Bidding Service

(1) Is the ‘Free Internet Bidding’ service available for all Euro Auctions locations?
The Euro Auctions ‘Free Internet Bidding’ service is available at each of our permanent sites, as well as at any off-site locations in which we conduct an auction, unless otherwise stated.

(2) Can I bid on all Auction Items online?
In the majority of cases all items are available for online bidding. Please check with the online catalogue in advance of the auction to determine which items can be sold online.

You may choose to use the ‘Pre Bid’ option for items not being sold online. Please also note some late consignments (‘A’ Lots) may not be available online.

(3) What does ‘Choice’ mean and how does it work?
Euro Auctions frequently sell Lots on a choice basis, i.e. similar Lots are grouped together and offered to the bidders. The Auctioneer commences bidding on the entire group and if you are successful you have a short time to choose which of the Lots you wish to purchase. By default the online bidding system selects the first item numerically. You must select at least one other Lot before deselecting the first lot if you do not wish to purchase the first Lot.

You can choose to purchase all of the Lots in the group if you are the high bidder.

(4) Is the System secure?
Yes. Euro Auctions use leading industry standard web and email security software to protect its network and the privacy of its customer’s details. Please treat your user details as you would your Bank details and do not write them down or disclose to others.

(5) Is there a charge for using the service?
No. The service is free to use. Please allow 48 hours to process your registration in advance of the auction.

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VAT

(1) I am exporting to a non-EU country do I still need to pay the VAT?
Yes, however upon receipt of Bills of Lading, VAT will be refunded.

(2) I am registered for VAT in the EU do Euro Auctions need any documentation to prove my VAT validity?
Yes, on receipt of a Certificate of Incorporation/VAT Registration Certificate. We also require proof that Lots have been exported to another country. Proof of export must come from a Third party such as: Shipping Certificate, CMR, Haulage Invoice or Re-Registration document.

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Catalogue

(1) Can I view the Catalogue Online?
Yes, the Catalogue can be viewed during the auction week.

(2) How do I know what Lots are being sold on which day?
An Order of Sale is available on the homepage of our website during auction week.

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Online Bidding

(1) How do I know if I have everything setup correctly to allow me to bid online?
Please ensure you have followed the 5 steps from our website and if you are still unable to view or hear the auction please contact our office.

(2) Do I follow the auctioneer when bidding online?
No. The key to bidding on the Internet is to bid based on the value displayed in your bid button. While the audio is helpful and generally synchronized with your bid button, it's important to focus on the value displayed in your bid button, as this is the amount that is submitted to the auctioneer. For example, if you click on the bid button when it reads £10,000, you are submitting a bid for £10,000, regardless of what you hear the auctioneer say. Please note the bidding process is fast paced.

(3) How do I know if my bid has been accepted by the auctioneer?
If your bid is accepted you will see “You Are ” displayed in the "High Bidder" Field and the message field will display you as high bidder. Your Bid button will also be disabled so you cannot bid against yourself and the text "You Are High Bidder" will be inside the button. Please note you are not the only person bidding online and another internet buyer can bid against you! If your bid button becomes enabled again but you see internet buyer in the high bidder it is because another online user has outbid you! If a bidder onsite is successful you will see "Floor" displayed in the "High Bidder" field.

(4) I cannot automatically enter a bid at the start. Why not?
In the early stages of the auction of a lot, the asking price can change very rapidly. When you click on your bid button, it's possible that many other bidders (both in-person and on the Internet) were also placing bids and of course only one bid at any amount can be accepted. You should have plenty of time to get your bid in as the auctioneer begins to slow down prior to selling the lot.

Additionally you may accidentally enter a bid at the start which is extremely high and no one else bids against you so you end up with a lot costing you more than it was worth!

(5) If I am the High Bidder am I protected against raising my own bid?
Your Bid button will be disabled so you cannot bid against yourself and the text "You Are High Bidder" will be inside the button. If your bid button becomes enabled again but you see Internet buyer in the high bidder it is because another online user has outbid you! If a bidder onsite is successful you will see "Floor" displayed in the "High Bidder" field.

(6) Can I withdraw my bid after I submit it?
No. All bids submitted using the ‘Free Internet Bidding’ service are final and irrevocable. When you click the bid button you are submitting a binding bid in the amount displayed in the bid button to the auctioneer. If you are the high bidder and the auctioneer sells the lot to you, you are the new owner of the lot. So, if you do not intend to buy the item, do not click your bid button.

(7) What happens if I accidentally click on the ‘bid’ button?
When you activate your bid button, you are signaling your intention to bid. If you activate your bid button and then click your bid button, you are submitting an irrevocable bid.

(8) How do I choose which Lot I want from a ‘Choice’ lot?
In case of a Choice group, Please note: If you are the high bidder on a Choice group, the auctioneer will sell you the lots and by default the first lot is selected and he will give you a short opportunity to buy any or all of the additional lots remaining in the Choice Group at the current sold price. If you do not wish to purchase the first lot you must select another lot in the group and deselect the first lot. Any remaining lots not selected are re-opened to the floor for bidding by others.

(9) What does the message ‘Credit Limit Exceeded’ mean?
Once the amount displayed in your Bid button plus the amount of purchases you have made exceeds your Credit limit, your bid button is disabled and your bid status indicator will display "Credit Limit Exceeded". Once the "Credit Limit Exceeded" message displays, you will not be able to place any more bids until you change your Credit Limit by contacting our office.

(10) Can I submit an Pre Bid as well as bidding online?
You can, but we advise that you exercise caution if you elect to do this. We advise that you do not start to bid using the ‘Free Internet Bidding’ software until the price the auctioneer is calling is at least two bid increments above the maximum price you specified on your Pre bid.

(11) What happens if I lose my Internet connection during the auction?
As with all technology, the Internet is not 100% reliable. From time to time, you may experience Internet disconnections while you're logged into the auction. If this happens, re-establish your connection as quickly as possible, and re-launch the ‘Free Internet Bidding’ software from the website homepage by clicking on ‘Bid Now’ button.

If you were actively bidding when you were disconnected and you were the high bidder at that point it is likely that you will be outbid. If not then the Lot will be sold to you.

(12) How do I bid on 2 ramps at the same time?
To bid on more than one ramp at the same time has the same requirements as if you were bidding on 2 separate auctions. You can view and listen to both ramps on the same computer. An option is available to toggle between the ramps for the audio. You can use the same Username & Password to login however. Single Registration ensures you are already registered for the entire auction.

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Auction Results

(1) How do I find out how much Lots sold for in an auction?
Results from the auction and previous auctions are posted online usually within 3 working days of the auction. To access this service click on the ‘Past Results’ link. You must be registered to view 'Past Results'.

(2) How can I get more information about a particular Lot during the auction or post auction?
You can access additional information about any lot in the sale by visiting www.euroauctions.com and clicking on the "View Catalog" link beside the appropriate auction on the auction calendar. Select the lot range you are interested in, and additional images of the lots are then displayed on your screen. You can do this while viewing the auction. For selected lots, digital pictures are also available post auction and can be emailed to you upon request.

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Collection of Goods

(1) When can I collect my goods?
Goods must be paid for in full before any items can be removed from the auction yard.

(2) What are your opening hours?

Dromore (Northern Ireland) Leeds (United Kingdom)Dormagen (Germany)
Mon-Fri: 8.30am - 6.00pmMon-Fri: 8.00am - 5.00pmMon-Fri: 8.00am - 5.00pm
   
Zaragoza (Spain)Brisbane (Australia)Atlanta (United State)
Mon-Fri: 8.30am - 5.00pmMon-Thu: 8.00am - 4.15pm
Fri: 8:00am - 3:30pm
Mon-Fri: 8.00am - 5.00pm
   



(3) Does my haulier/driver need any documentation?
Buyers must inform Hauliers of Buyer number and/or Lot numbers.

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Registration Documents

(1) I bought Lots with no registration documents, how can I get documents?
If documents were not sold with the vehicle, then the onus is on the new buyer to obtain them. Forms can be downloaded from here in order to apply for relevant documents from DVA or DVLNI.

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Invoicing

(1) What are the terms of payment?
Full Payment must be received within 7 working days.

(2) I am arranging finance, can you invoice the finance company? If so, when can I collect my goods?
Yes, we can raise the invoice to the finance company, collection of goods will be upon receipt of payment from the finance company.

(3) If I wish to pay in a different currency, what exchange rates are applied?
Exchange rates are dependent on the day of payment (which may differ from those on auction day). Please contact the office for an up-to-date rate.

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Mailing List

(1) I have changed my company name, can I create another account under my new details?
Yes, full company information is required, alongside required documentation such as Certificates of Incorporation, VAT Registration Certificates, Utility Bill etc.

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Auction Brochure

View our online equipment auction brochure

E-Payment

Pay your deposit online

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