FITZPATRICK'S Buying

All items are to be sold "As-is, Where is" and for your own protection you should attend the viewing to have a look at what you are buying. When looking at vehicles make note of license plates and stickers as not all vehicles are sold with them in tact.

THE PRE-VIEWING

First and foremost, we highly recommend that you inspect the items that you are interested in before bidding on them. We hold viewings before each sale where you may view all the items. You may start any vehicle engines on the viewing days, but may not test drive them.

On the day of the viewing obtain a handout with a list of the items to be auctioned with the lot numbers in tact. Make notes on which items you are interested in and make sure they match up with the handout lot numbers. The handout is just a guide and it is up to you to inspect the items and verify its age, condition, etc.

LEAVING A PRE-BID

If after the viewing you realize that you cannot attend the auction but are very interested in an item you may leave a pre-bid with us. A pre-bid is a bid where we have someone bid on your behalf. You leave us your contact information along with a lot number and description of the item and the top dollar that you wish to spend on the item. This does not necessarily mean that that amount is what you will pay, as you may get the item significantly cheaper. If your pre-bid is accepted the auctioneer will announce that it has been "sold to a pre-bid" keeping your personal information completely confidential. We will contact you the day after the sale if your pre-bid is successful. If bidding on a vehicle a deposit will still be required when leaving a pre-bid.

REGISTERING

On the day of the auction you must register to obtain a bidding number. To register you must provide the following information, all of which is completely confidential:

1. Current phone number

2. First and last names

3. Current address

4. Any other means of contacting you

5. A deposit if bidding on vehicles

DEPOSITS

If bidding on a vehicle a deposit is required. This deposit must be made with cash, Visa or Mastercard The deposit is fully refundable if no purchases or offers are made. All deposits are kept until the offer is rejected or accepted. DO NOT make an offer if you are unsure if you want the vehicle or not. Please be advised that you will lose the deposit if you make an offer that is accepted and do not come up with the remainder of the balance. If your offer is rejected your deposit will be refunded as well.

BEFORE BIDDING

Keep in mind that all bids and offers will be honored. If your bid is accepted you are REQUIRED to pay the remainder of the balance. Be aware that there is also a Buyer's Premium on top of all bidding prices. A buyer's premium (BP) is added to your bid price and then taxed. BP's are as follows:

$300 + 3% on all vehicles, snowmobiles, ATV’s, boats etc

(The above 3% will be discounted on cash, debit or cheque purchases.)

Exceptions include:

1. Federal government vehicles

a. Light vehicles (non military) sold for $2500 or less have a $100 BP

b. Light vehicles (non military) sold for more than $2500 have a $175 BP

c. Light vehicles (military) have a $175 BP

d. Heavy vehicles (over 3 tonnes) have a BP of 5% of sale price (min $175 & max $300)

e. Utility trailers have a BP of $100

2. Provincial Government items DO NOT have a BP

3. Newfoundland & Labrador Hydro items DO NOT have a BP

4. Newfoundland Power items DO NOT have a BP

There is a 12% BP on all other items.

DURING THE AUCTION

After registering and leaving your deposit, if needed, you may proceed to the auction area. In most cases, items will be auctioned in order of the handout starting at number one and proceeding to the last item on the handout. Please remember to stay out of the isles so that everyone can have a clear view of what they are bidding on. Make sure that the auctioneer or spotter sees you when you are bidding. Keep eye contact with your auctioneer and pay close attention to what they are saying.

When bidding on vehicles you may hear the auctioneer shout, "We will take your offer". This simply means that there is an asking price on the vehicle and your bid hasn't reached their price. In this case we will take the highest bid, if close enough to the asking price, and negotiate with the consignor. When this occurs it may take a day or two to get a counter offer on the table from them. We will then contact you and the negotiation will continue until an offer is accepted or rejected and we will keep your deposit until then.

PAYING FOR & REMOVING YOUR GOODS

After you have finished bidding you may pay for your purchases. All items purchased must be paid in full before removing from the site. Household items must be paid for on the day of the auction where as you have until the day following the auction to pay for vehicles. If off-site the auctioneer will announce the terms for removal of the items.

Please note that most off-site auctions do not allow for debit or credit card payments.

When purchasing a vehicle you must remember that taxes are paid to us and are included in your balance. They do not have to be paid to MVR. You should remember to apply your insurance to the vehicle and get anything else you may need to transport the vehicle safely.