1 OF 50 MADE! 2005 Lotus Exige 240R S2 Limited Edition - 25000 miles - see description for details

Terms & Conditions

EAMA GROUP (EUROPEAN ASSET MANAGEMENT & AUCTION GROUP Ltd)

Terms and Conditions

KEY TERMS:

The Buyer accepts that this is a 'trade only' auction sale where bidders may be on-line or in person and as such is not a consumer sale for the purposes of the Consumer Rights Act 2015 (which replaced the Sale of Goods Act 1979 (as amended by the Sale and Supply of Goods Act 1994) and the Unfair Contract Terms Act Regulations 1977 / 1999 and the Buyer shall not seek to rely upon any conditions or warranties implied within.

All products are described to the best of our knowledge, we take no responsibility for any listing errors, we advise that you check the images and if unsure contact us so we can try and get further information, you may be able to arrange a viewing prior to you placing a bid.

If you turn up without an appointment you will be turned away.

If you require assistance with loading (if available and/or arranged) a lift on fee may apply

Late payments and collections will be subject to a surcharge of 1% a day of the full hammer value with a minimum charge of £20.

You must arrive in a suitable vehicle to collect all your lots within your designated time slot.

Any of your remaining goods that are still in our possession after your designated time slot will not be released until all charges are settled - If the bill is not settled and / or your stock hasn't been collected within 30 days of your designated time slot the ownership of the lots will transfer to European Asset Management and Auction Group Ltd and you will not be refunded for your lots.

The price you bid excludes VAT and Buyers Premium which you pay should you win with the highest bid.

Failure to collect your goods on time within the dedicated time slot can incur additional fees, please refer to the full T&C's below.


Should you be exporting goods please contact us before placing a bid.

Full Terms:

This is a trade auction, you are welcome to bid on our auction as a trade buyer and therefore declaring yourself to be a trade buyer After each auction an invoice for the total amount inclusive of the buyers premium will be sent by email, the email will indicate payment methods available and a payment deadline which must be adhered to, failure to do so may result in additional charges being incurred by you.

We reserve the right to reduce or remove the reserve at any time during the auction at the seller’s request. Please only bid in the auction if you intend to complete the transaction as when you bid you are bidding to buy, if you are unable to complete the transaction then please do not bid!

By bidding the bidder acknowledges that they accept these Terms & Conditions as fair and reasonable and expects them to be fully recognised by the courts of the United Kingdom.

By clicking and accepting the terms and conditions, you agree to be legally bound by them in any court throughout the United Kingdom.

All lots purchased, whether sold at a physical or on-line auction or sold directly by private treaty, will be governed by these terms and conditions and enforced in accordance with the laws of the United Kingdom.

E & OE - We do not guarantee that the website, or any content within it, will be free from errors or omissions.

For the purpose of data protection regulations, it is agreed that the bidder’s details may be added to our mailing list for the purpose of informing them of any future auctions.

Each bidder holds entire responsibility for the protection of their bidder log in and account details, no exceptions will be made for misuse of the bidders account due to the security measures that are in place when registering on our bidding platform, you must not share your account details with any other person, you will be responsible for the completion of any transaction on your account and anything bought with your account login must be paid for in full by the auction payment deadline.

The buyer accepts without question that this is a 'trade only' style auction sale opposed to a ‘consumer sale’ for the purposes of the Consumer Rights Act 2015 (which replaced the Sale of Goods Act 1979 (Furthermore amended by the Sale and Supply of Goods Act 1994) and the Unfair Terms in Consumer Contracts Regulations 1977/1999 and the Buyer shall not seek to rely upon any conditions or warranties implied thereby, MEANING THAT NO WARRANTY IS GIVEN OR IMPLIED

By accepting the terms, the buyer acknowledges they are not relying on any warranties or representations made by the vendor or the Auctioneer or any of their employees, agents or representatives. All representations, warranties and conditions, express or implied, statutory or otherwise in respect of all and any of the lots are expressly excluded and without limitation any warranties and conditions as to title, satisfactory quality, fitness for purpose and description are fully excluded. Neither the vendor nor the Company shall in any circumstances be liable to or to compensate the buyer nor shall the buyer be entitled to rescind the sale or reject any lot for an error omission or misstatement contained in the catalogue.

compensate the buyer.

All bids are valid, even if at the time of placing it, the reserve is not met, as we always submit the highest bid to the vendor during or shortly after the auction and they may agree to accept the bid.

We may be asked from time to time to update the lot may or may need to add new information received during or prior to the auction and it is the bidder’s responsibility to check the detail of the lot prior to bidding.

No bid may be cancelled or withdrawn. The auctioneer does not have to accept the highest bid and all bids are due to approval and acceptance by the vendor.

In relation to vehicle auctions, we carry out a VDI check on each item, we are reliant on that information and as a 3rd party, we can not be held responsible for any inaccuracies.

You should not accept that the odometer reading is correct. We will attempt to verify mileages however, even if marked 'verified', that will be only verified by the information that is available at the time of listing and is given as a guide, not a warranty. No odometer readings are warranted unless stated “warranted” in the lot details

All lots are sold as requiring some attention and not necessarily fit for any purpose. By bidding it is acknowledged that the bidder has allowed for all risks envisaged within these terms and conditions and has bid accordingly.

As Auctioneer, EAMA Group Ltd is not a party to the contract and therefore has no liability in that respect. We offer lots for sale and conclude contracts as agents on behalf of vendors. The resulting legal contract is between the buyer and that vendor and we are not responsible for any action or default on the part of the vendor or buyer including but not limited to, loss or damage in contract or tort, negligence, breach of statutory duty, consequential or indirect losses or damage, legal fees, loss of income or revenue, loss of business, loss of profits or contracts, loss of anticipated savings, loss of data, however arising from.

The vendor, his agent or the auctioneer may bid on any lot up to the reserve price.

All lots are offered “as is, where is”, subject to not being sold or withdrawn and without any express or implied warranty, and not represented to be in a roadworthy condition, mechanically sound or maintained in any condition whatsoever. Lots may not be fit for purpose and may require substantial repairs at the buyer’s expense. The lots may not be of satisfactory quality.

You acknowledge and agree that we have excluded our liability in respect of terms that would otherwise have been implied into the Contract of Sale under the Sale of Goods Act 1979 (as amended) to the fullest extent permitted by law, including without limitation the terms relating to lots complying with their description and/or being fit for a particular purpose.

We expressly disclaim the accuracy or completeness of any and/or all information provided to you regarding lots whether provided in written, verbal or digital image form. Lot information is provided for convenience only. You agree that you will not rely on lot information in deciding whether or how much to bid on any lot. Lot information includes without limitation: year, make, model, condition, damage amount, damage type, roadworthiness, drivability, accessories, mileage, odometer readings, vehicle identification numbers, title, repairs needed, repair cost, repair history, title history, service history and total loss history. We expressly disclaim any and all representations (whether written or

verbal), warranties and guarantees regarding the lots we offer for sale. The lots we offer for sale may be missing components or parts. We do not guarantee that vehicles meet or can be modified to meet local emission or safety or legislative requirements. It is your sole responsibility to ascertain, confirm, research, inspect and/or investigate to your satisfaction the lot information prior to deciding to bid and how much you wish to bid on any lot taking all of the above into account. By bidding you have agreed that we have provided sufficient details for you to make an informed choice when bidding. You agree you have bid accordingly.

It is a contractual obligation that bidders make their own investigations where dimensions, mileages, hours, condition or authenticity are critical.