657
Lotto
657
VC00071
Reg: LD61MLV
Information from the seller:
2011 Peugeot 1.0 Urban 5dr
103,000 miles
ULEZ compliant
2 Keys
VDI Report information:
Date of registration: 30/09/2011
MOT Due: 30/09/2025
VDI Clear: Yes
2 Previous Keepers
Manual
Engine: 998cc Petrol
Weight: 1190Kgs
Power: 68Bhp
Collection location:
East Sussex
No vat is charged on the hammer price. VAT is charged on the BP.
For Universal Auctions Group Ltd delivery information please telephone 0330 332 5232.
Important Notice for Prospective Participants in Our Sales and Auctions
Before participating in our sales or auctions, please ensure you have read and agreed to our comprehensive Terms & Conditions.
Bidders
Trade-Only Auctions
Our auctions are exclusively for trade participants and are governed by trade-specific terms. Consequently, Consumer Laws, Regulations, and Cooling Off Periods do not apply to any sales conducted.
Role as Agents
We act solely as agents for the seller. All item descriptions are based on information provided by the seller, and we do not warrant or guarantee the accuracy or completeness of these descriptions.
Pre-Bid Inquiries
All inquiries regarding a lot must be submitted prior to placing your bid. The sale is not contingent upon any queries raised after a bid has been placed.
Binding Bids
Bids cannot be cancelled or withdrawn at any time. By placing a bid, you acknowledge and agree to the terms and conditions, as all bids are legally binding.
Bid to Buy
Please be aware that all bids are submitted to the vendor for acceptance. If your bid is below the reserve and the vendor chooses to accept it, you will be the winning bidder. It is not always necessary to be the highest bidder to win the lot.
Buyer’s Premium
All lots are subject to a buyer’s premium. Please refer to each lot for the applicable buyer’s premium percentage. VAT (20%) is charged on the buyer’s premium.
VAT on Lots
Refer to the lot description to determine if VAT applies to the lot.
Export
If you are intending to export, please ensure you have fully read the VAT refunds & export section of our T&Cs.
Payment Terms
Payment is required within 24 hours via bank transfer only. Please refrain from bidding if you cannot comply with these payment terms.
Collection and Delivery
Collections are strictly by appointment only. Seller details will be provided upon receipt of full payment. You may then arrange your collection. Delivery may be available for some lots; please inquire with the seller regarding delivery options and pricing once you have their contact details.
We emphasize the importance of thoroughly reading our full terms and conditions.
1. Terms and Conditions
Universal Auctions Group strongly advises all account holders / bidders to thoroughly read and understand the terms of sale prior to registering and submitting any bids.
All auctions conducted by Universal Auctions Group Ltd ("Universal Auctions" or "we") are operated as trade-only auctions, where participants must act as business entities. By participating in our auctions, buyers ("Buyer" or "you") acknowledge and accept that the sale is not a business-to-consumer contract.
Trade-only auctions are NOT governed by the Sale of Goods Act 1979, the Consumer Rights Act 2015, ‘Unfair Contract Terms Act Regulations’ 1977 / 1999 or any other consumer contract-related legislation. By bidding, the bidder acknowledges and agrees to this exclusion. The buyer shall not seek to rely upon any conditions or warranties implied thereby.
By registering and bidding on lots within our auctions, the ‘account holder’ acknowledges that they have conducted their own research, undergone due diligence, and fully inspected the lots they wish to bid on.
The ‘account holder’ agrees that the ‘auctioneer and vendors’ make no representations, warranties, or guarantees in any way.
The ‘account holder’ accepts the ‘terms of sale’ or ‘terms and conditions’ listed at the time of registering for bid. The ‘account holder’ indemnifies the ‘Auctioneer – Universal Auctions Group’ and any of their vendors against any claims related to fitness for use or purpose.
Auctioneer details
Universal Auctions Group Ltd
Registered Address: First Floor Office 3 Hornton Place, London, W8 4LZ
(Please Note: Please refer to each lot description for the location of each individual lot. Lot locations will vary depending on where the lot is based)
Contact Details:
Telephone: +44 (0) 330 1348 893
Email: info@universalauctions.group
1.0. Bidding
1.1. Once you have created your bidding account, you can register to bid.
1.2. Manual approval by the auctioneer may be required. Universal auctions group reserve the right to decline any bidder account.
1.3. The ‘account holder’ may be required to provide additional information is order to verify them for approval of bidding.
1.4. Additional identification may be required such as Driver’s License or a utility bill.
1.5. In the registration process you will be required to agree to the ’Terms of Sale / Terms & Conditions’.
1.6. All bids placed are legally binding and cannot be withdrawn at any time and under no circumstance.
1.7. The ‘Account Holder’ is responsible for all bidding activity. By participating in the auction, the ‘Account Holder’ agrees to complete any purchases resulting from ‘Winning Bid(s) Submitted / Provisional Accepted Bids’ on lots they’ve bid on.
1.8. The ‘Account Holder’ is agreeing to be 18 years or older.
2.0. Winning Bids / Payment
2.1. If you are the winning bidder on any Lot(s), your invoice will be sent to the email address on your bidding account. It is the ‘account holders’ responsibility to monitor their emails including the junk/spam folder.
2.2. All lots purchased are subject to a payment deadline. Payment is to be made within 24 hours of the invoice being issued.
2.3. All payments are to be made by bank transfer only, to the bank details on the invoice. We do not accept any cash, cheques, card payments or any other form of payment other than bank transfer.
2.4. Please note the invoice number must be used as the payment reference.
2.5. Bidders are reminded to only place bids if they intend to fully adhere to the terms and conditions of the auction, to which you have agreed.
3.0. Reserves/provisional bids
3.1. Reserve prices can be amended at any time during and after the sale.
3.2. In circumstances where a bid on any Lot(s) within a sale has not met the established reserve, the bidder authorises Universal Auctions to submit the highest bid tendered by the Account Holder to the Vendor(s) for consideration.
3.3. If the Vendor(s) opt to accept the highest bid presented by the Account Holder within a span of 24 hours from the time of submission, the Account Holder will be promptly invoiced, and such invoices shall be payable by 5pm of the succeeding day.
3.4. Bidding on any Lot(s) does not necessarily require the Account Holder to be the prevailing highest bidder to secure the item. Universal Auctions Group retains the right to submit all bids to the Vendor(s) for assessment. As such, bids placed by the Account Holder on single or multiple lots remain valid for 24 hours after the sale's conclusion.
3.5. Should the Vendor(s) decide to accept your ‘Maximum Bid’ placed, the ‘Account Holder’ will be notified within 24 hours of the auctions ending by receiving your winning payable invoice with a set payment deadline.
4.0. Lot End Times & Removal
4.1. Universal Auctions Group reserves the unequivocal right to withdraw or remove any Lot(s) listed within any sale at any time without providing advance notice to the Account Holder or other parties.
4.2. Pertaining to 'Timed Auctions', the Company reserves the right to amend, alter, or modify the designated end times for any Lot(s) without precedent notice.
4.3. Universal Auctions Group clarifies that all items (or "lots") listed for auction are available at the time of listing. However, Universal Auctions Group Ltd does not guarantee that these items will remain available after the auction concludes (referred to as "after the hammer has fallen"). This suggests there might be circumstances beyond Universal Auctions Group control affecting the item's availability.
4.4. Universal Auctions Group states that it holds no liability for any item that becomes unavailable after the auction or if the seller fails to supply the item. This means Universal Auctions Group does not accept responsibility for situations where the item cannot be provided to the buyer due to reasons that might include, but are not limited to, the item being lost, damaged, or withdrawn by the seller.
4.5. In accordance with this policy, Universal Auctions Group will not entertain any claims related to the unavailability of items. This reinforces Universal Auctions Group position of not accepting liability for such occurrences.
4.6 Universal Auctions Group does offer a remedy in situations where the item is paid for but subsequently becomes unavailable. Universal Auctions Group commits to offering a full refund of the invoice amount to buyers in these scenarios. This means if an item has been paid for and it cannot be supplied for some reason, the buyer is entitled to refund of the full invoice.
4.7. When a lot is closing, should any other ‘Account Holder’ wish to bid on the Lot, the end time will be extended by up to 10 minutes (Auto generated). The will occur each time a bid is placed within the final 10 minutes of the lot closing.
5.0. Buyer’s Premium/ fees
5.1. Each individual lot will carry a Buyer’s Premium ranging from 10-25% applicable to the ‘Hammer Price’ – This will differ from lot to lot. Refer to the ‘Additional Fees’ tab on each individual lot for clarification on the additional fees.
5.2. All Buyers Premium charges are subject to VAT @ 20%.
5.3. Each lot will have an internet surcharge applied which will range from 1%-5%. This will be subject to VAT @ 20%. Please see the additional fee tab on each lot for clarification.
6.0. VAT Charges
6.1. All lots will be subject to VAT @ 20%. Which is applicable to the Hammer Price and the buyer’s premium/fees. Unless otherwise stated in the lot description.
6.2. Some Lots may be sold with no vat on the hammer price. Refer to the lot description for clarification.
7.0. VAT Refunds / Export
7.1. Buyers intending to export a Lot will be charged an additional deposit equal to the VAT due on each Lot purchased.
7.2. To qualify for a refund, the Goods must be exported in accordance with relevant export regulations. Valid written evidence of compliance should be sent by the Buyer to the vendor at their registered address and to the Auctioneer via email (admin@universalauctions.group) within 28 days of the date of invoice. The auctioneer does not take ownership of any goods sold in the auction and therefore accepts no liability for VAT refunds unless specifically agreed with all parties prior to the sale. The auctioneer’s role is to facilitate communication between buyer and seller.
7.3. If satisfactory evidence is not provided, goods will be subject to UK VAT at the standard rate of export, and the Buyer will forfeit any deposit they may have paid in accordance with clause 7.1.
7.4. The Auctioneer cannot refund the VAT on the Buyers’ Premium under any circumstances.
7.5. If the Buyer chooses to export their purchases using their own transport, VAT will be levied and refunded upon satisfactory documentation supporting the removal of the Goods purchased, assuming the terms of clause 7.2 are satisfied.
7.6. Notwithstanding any other clause in these Conditions, the Auctioneer reserves the right to refuse:
8.0. Viewing of Lots
8.1. Universal Auctions group advise viewing all Lots listed within the Auction prior to bidding.
8.2. Viewing is strictly appointment only. Viewing must take place prior to placing any bid(s) on the lot(s) you wish to view & prior to the auction ending.
9.0. Description Accuracy
9.1. As an agent of the seller, Universal Auctions Group provides lot descriptions based on information furnished by the seller. However, we do not warrant the accuracy of these descriptions.
9.2. Buyers are encouraged to thoroughly inspect images and descriptions and seek further information if required before bidding.
9.3. All lots are sold "as seen," and no guarantees or warranties, whether expressed or implied, are provided. It is the ‘account holders’ responsibility to do their own due diligence.
9.4. Descriptions/images are provided by the seller at the time of listing.
9.5. Each Lot which has a mileage/hour reading in the description is not to be deemed as ‘Warranted’ unless otherwise stated.
9.6. Universal Auctions Group conducts a basic check on each vehicle to ascertain that it is not stolen. We rely on the provided information and, as a third party, cannot be held liable for any inaccuracies. Universal Auctions Group does not perform checks for insurance write-offs and therefore cannot provide advice regarding a vehicle's involvement in previous accidents. It is incumbent upon bidders to conduct their own investigations regarding a vehicle's insurance history where it is deemed critical. Furthermore, bidders are required to carry out their own investigations concerning outstanding finance or title, as Universal Auctions Group shall not bear any liability should these checks not be completed prior to the placement of a bid. In the event that outstanding finance is discovered after the purchase, the buyer must address the issue directly with the seller, as Universal Auctions Group is not a party to the contract between the buyer and the seller.
10.0. Lot Images
10.1. Images are provided by the seller at the time of listing.
10.2. Images of lots are for Guidance Purposes Only and should not be relied upon to reflect the true condition of any lot / item.
10.3. In some cases, lots within the auction maybe listed with ‘Stock Images’. In this case images are for illustration purposes only.
11.0. Registration Plates
It falls to ‘Account Holder’ to undergo their own due diligence with any visible ‘Registration Plate’ which can be visibly seen within the ‘Lot Images’.
11.1. Some lots will be listed with ‘Private Registration Number’. In this case it is the account holders responsibility to do their own due diligence to seek if the ‘private number plate’ is included in the sale.
11.2 No ‘Private Registration Number’ is included within the sale unless otherwise stated.
12.0. Collections
12.1. Upon receipt of payment, Universal Auctions will issue the collection details to the email address on the bidding account.
12.2. Collections are by strict appointment only. If no appointment is made, collection may be refused.
12.3. The collection instructions of determined by the ‘seller’ of the lot/s the buyer has won.
12.4. In some circumstance, lots will have specific collection dates/times. These will be stated in the auction details or on an individual lot description. Failure to collect within these dates will result in storage charges being applied or the disposal of you lot/s with no refund being issued.
12.5. A grace period of 5 days will be granted for collection. From the 6th day, a storage charge of 5% plus vat per day, with a minimum charge of £20 plus vat, will apply.
12.6. Goods will only be released upon settlement of all applicable fees. Failure to pay fees or collect goods within 20 days will result in goods being deemed abandoned, with ownership transferring to Universal Auctions and no refund provided.
13.0. Delivery
13.1. Universal Auctions Group, as the auctioneer, do not offer delivery on any lot.
13.2. A lot description may state that delivery is available. This is added to a description on the advice of a vendor.
13.3. If a vendor can offer a delivery quote, this will not be supplied until the full invoice has been paid.
13.4. Universal auctions group, as the auctioneer, cannot be held liable for any loss, damage or inconvenience caused through a delivery arranged by a seller. No refund will be provided as a result of any delivery issues/failures. This is between the buyer and the seller.
14.0. Storage Charges
14.1. Universal auctions Group reserve the right to charge a daily storage Fee of 5% plus vat per day, with a minimum charge of £20 plus vat per day for failure to collect within the stated terms (see 12.0. Collections) (Charged 7 Days A Week, Including Bank Holidays).
14.2. Storage charges are applied to each lot at the charge stated in 15.1.
14.3. Storage Charges must be settled prior to release of any Lot(s) for Collection / Delivery.
14.4. Failure to collect your goods within 20 days of receiving the details to collect, will result in the lots being classed as abandoned and ownership transferring over to Universal Auctions Group. No refund will be issued.
15.0. VDI Checks
15.1. All lots listed with a ‘registration number’ available have been VDI checked by Universal Auctions group prior to being listed.
15.2. All details added to the description are correct at the time of listing.
15.3. Universal Auctions Group advise all bidders to do their own research and due diligence prior to placing a bid to fully satisfy themselves.
16.0. Refunds / Buy Backs / Renegotiations
16.1. Universal Auctions Group and our vendors want to make it clear that there will be no refunds, buybacks, renegotiations, or contributions provided if buyers are dissatisfied with any lots they purchase during the sale. It’s important for buyers to carefully consider their purchases and be aware of this policy.
17.0. Terminations of auctions & Account holders
17.1. Universal Auctions may terminate or suspend auctions at any time without prior notice.
17.2. Universal Auctions may terminate or suspend your access to our services at any time without liability.
17.3 Universal Auctions Group reserves the right to temporarily block any account holder from further bidding activity at any stage—whether before, during, or after any sale.
17.4. Universal Auctions Group reserve the right to have any Account Holder permanently banned from any further bidding activity throughout the platforms Universal Auctions Groups auctions are listed on.
18.0. Payment Terms and Consequences for Non-Payment
18.1. Payment Obligation:
18.2. Payment for any lot won at auction must be made strictly within 24 hours of the auction's conclusion.
18.3. Failure to make payment within 48 hours without prior agreement with the auction house will constitute a breach of contract and a failure to complete the transaction.
18.4. Consequences of Non-Payment:
18.5. If payment is not received within 48 hours, the lot will be withdrawn from the winning bidder, and the following measures will apply:
An invoice will be issued to the winning bidder for the Buyer’s Premium, which must be paid within seven (7) days.
18.6. Buyer’s Premium:
18.7. The Buyer’s Premium is calculated as 15%-20% of the hammer price of the lot, depending on the lot type.
18.8. The applicable Buyer’s Premium for each lot is disclosed under the “Additional Fees” section on the lot page.
18.9. Further Penalties for Non-Payment:
18.10.If the Buyer’s Premium invoice is not paid in full within seven (7) days, the following penalties will be imposed:
a. Non-Payment Interest: Interest will accrue at a rate of 8% per annum, calculated daily, on the total outstanding invoice amount.
b. Administration Fee: An additional administration fee of £295 will be charged.
c. Debt Recovery Charges: The debt will be referred to a commercial debt recovery company, and the buyer will be liable for all debt recovery and legal costs, including but not limited to, 15% of the total invoice amount, payable to the Company.
18.11. Acknowledgement of Terms:
18.12. By accepting the terms and conditions of the auction and placing a bid, the buyer acknowledges and agrees to all terms herein, including the penalties and recovery procedures in the event of non-payment.
18.13. No exceptions will be made to these terms under any circumstances.
18.14. Legal Enforcement:
18.15. Any unpaid amounts will be pursued in accordance with applicable laws, and the buyer is fully liable for all costs arising from their failure to comply with these terms.
This course of action should be adhered to strictly to avoid additional charges or legal escalation.
19.0. Warranty and Liability
19.1. Universal Auctions, as the auctioneer, is not a party to the contract between the buyer and the vendor. We disclaim liability for any action or default on the part of the vendor or buyer.
19.2. Descriptions provided for lots are based on the vendor's information, and Universal Auctions assumes no liability for any losses, damages, or injuries resulting from the sale.
19.3. Trade-only auctions are NOT governed by the Sale of Goods Act 1979, the Consumer Rights Act 2015, or any other consumer contract-related legislation. By bidding, the bidder acknowledges and agrees to this exclusion.
20.0. Confidentiality and Non-Circumvention
20.1. Both parties agree to maintain the confidentiality of any information obtained during the auction process and not disclose it to any third party.
20.2. Buyers shall not engage directly with Universal Auctions' vendors, suppliers, or consignors without Universal Auctions Groups express written consent.
21.0. Feedback and Disputes
21.1. Universal Auctions values feedback to enhance its services. Any issues should be directly communicated to Universal Auctions for resolution.
21.2. Feedback concerning vendors should be directed to them and not posted publicly on Universal Auctions' platforms.
21.3. Universal Auctions may take appropriate action against false or misleading feedback that adversely affects the company's reputation.
22.0. Governing Law and Jurisdiction
22.1. These terms and conditions are governed by and construed in accordance with the laws of the jurisdiction where Universal Auctions Group Ltd is registered.
22.2. Any legal action or proceeding arising from or related to these terms and conditions shall be exclusively brought before the competent courts of that jurisdiction.
23.0. Amendments to Terms of Sale / Terms & Conditions
23.1. Universal Auctions Group reserves the right to modify our ‘Terms of Sale’ or ‘Terms & Conditions’ at any time without prior notification to any account holder or potential bidder.
23.2. It is the responsibility of all returning bidders to make themselves aware any updated Terms of Sale / Terms & Conditions.
All lots are sold at the discretion of Universal Auctions Group Ltd and as such reserves the right on behalf of themselves or the vendors too:
By participating in Universal Auctions Group Ltd. auctions, you acknowledge having read, understood, and agreed to abide by these Terms and Conditions. Your cooperation is appreciated, and we wish you success in your bidding endeavours.
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VC00071
Reg: LD61MLV
Information from the seller:
2011 Peugeot 1.0 Urban 5dr
103,000 miles
ULEZ compliant
2 Keys
VDI Report information:
Date of registration: 30/09/2011
MOT Due: 30/09/2025
VDI Clear: Yes
2 Previous Keepers
Manual
Engine: 998cc Petrol
Weight: 1190Kgs
Power: 68Bhp
Collection location:
East Sussex
No vat is charged on the hammer price. VAT is charged on the BP.
For Universal Auctions Group Ltd delivery information please telephone 0330 332 5232.
Important Notice for Prospective Participants in Our Sales and Auctions
Before participating in our sales or auctions, please ensure you have read and agreed to our comprehensive Terms & Conditions.
Bidders
Trade-Only Auctions
Our auctions are exclusively for trade participants and are governed by trade-specific terms. Consequently, Consumer Laws, Regulations, and Cooling Off Periods do not apply to any sales conducted.
Role as Agents
We act solely as agents for the seller. All item descriptions are based on information provided by the seller, and we do not warrant or guarantee the accuracy or completeness of these descriptions.
Pre-Bid Inquiries
All inquiries regarding a lot must be submitted prior to placing your bid. The sale is not contingent upon any queries raised after a bid has been placed.
Binding Bids
Bids cannot be cancelled or withdrawn at any time. By placing a bid, you acknowledge and agree to the terms and conditions, as all bids are legally binding.
Bid to Buy
Please be aware that all bids are submitted to the vendor for acceptance. If your bid is below the reserve and the vendor chooses to accept it, you will be the winning bidder. It is not always necessary to be the highest bidder to win the lot.
Buyer’s Premium
All lots are subject to a buyer’s premium. Please refer to each lot for the applicable buyer’s premium percentage. VAT (20%) is charged on the buyer’s premium.
VAT on Lots
Refer to the lot description to determine if VAT applies to the lot.
Export
If you are intending to export, please ensure you have fully read the VAT refunds & export section of our T&Cs.
Payment Terms
Payment is required within 24 hours via bank transfer only. Please refrain from bidding if you cannot comply with these payment terms.
Collection and Delivery
Collections are strictly by appointment only. Seller details will be provided upon receipt of full payment. You may then arrange your collection. Delivery may be available for some lots; please inquire with the seller regarding delivery options and pricing once you have their contact details.
We emphasize the importance of thoroughly reading our full terms and conditions.
1. Terms and Conditions
Universal Auctions Group strongly advises all account holders / bidders to thoroughly read and understand the terms of sale prior to registering and submitting any bids.
All auctions conducted by Universal Auctions Group Ltd ("Universal Auctions" or "we") are operated as trade-only auctions, where participants must act as business entities. By participating in our auctions, buyers ("Buyer" or "you") acknowledge and accept that the sale is not a business-to-consumer contract.
Trade-only auctions are NOT governed by the Sale of Goods Act 1979, the Consumer Rights Act 2015, ‘Unfair Contract Terms Act Regulations’ 1977 / 1999 or any other consumer contract-related legislation. By bidding, the bidder acknowledges and agrees to this exclusion. The buyer shall not seek to rely upon any conditions or warranties implied thereby.
By registering and bidding on lots within our auctions, the ‘account holder’ acknowledges that they have conducted their own research, undergone due diligence, and fully inspected the lots they wish to bid on.
The ‘account holder’ agrees that the ‘auctioneer and vendors’ make no representations, warranties, or guarantees in any way.
The ‘account holder’ accepts the ‘terms of sale’ or ‘terms and conditions’ listed at the time of registering for bid. The ‘account holder’ indemnifies the ‘Auctioneer – Universal Auctions Group’ and any of their vendors against any claims related to fitness for use or purpose.
Auctioneer details
Universal Auctions Group Ltd
Registered Address: First Floor Office 3 Hornton Place, London, W8 4LZ
(Please Note: Please refer to each lot description for the location of each individual lot. Lot locations will vary depending on where the lot is based)
Contact Details:
Telephone: +44 (0) 330 1348 893
Email: info@universalauctions.group
1.0. Bidding
1.1. Once you have created your bidding account, you can register to bid.
1.2. Manual approval by the auctioneer may be required. Universal auctions group reserve the right to decline any bidder account.
1.3. The ‘account holder’ may be required to provide additional information is order to verify them for approval of bidding.
1.4. Additional identification may be required such as Driver’s License or a utility bill.
1.5. In the registration process you will be required to agree to the ’Terms of Sale / Terms & Conditions’.
1.6. All bids placed are legally binding and cannot be withdrawn at any time and under no circumstance.
1.7. The ‘Account Holder’ is responsible for all bidding activity. By participating in the auction, the ‘Account Holder’ agrees to complete any purchases resulting from ‘Winning Bid(s) Submitted / Provisional Accepted Bids’ on lots they’ve bid on.
1.8. The ‘Account Holder’ is agreeing to be 18 years or older.
2.0. Winning Bids / Payment
2.1. If you are the winning bidder on any Lot(s), your invoice will be sent to the email address on your bidding account. It is the ‘account holders’ responsibility to monitor their emails including the junk/spam folder.
2.2. All lots purchased are subject to a payment deadline. Payment is to be made within 24 hours of the invoice being issued.
2.3. All payments are to be made by bank transfer only, to the bank details on the invoice. We do not accept any cash, cheques, card payments or any other form of payment other than bank transfer.
2.4. Please note the invoice number must be used as the payment reference.
2.5. Bidders are reminded to only place bids if they intend to fully adhere to the terms and conditions of the auction, to which you have agreed.
3.0. Reserves/provisional bids
3.1. Reserve prices can be amended at any time during and after the sale.
3.2. In circumstances where a bid on any Lot(s) within a sale has not met the established reserve, the bidder authorises Universal Auctions to submit the highest bid tendered by the Account Holder to the Vendor(s) for consideration.
3.3. If the Vendor(s) opt to accept the highest bid presented by the Account Holder within a span of 24 hours from the time of submission, the Account Holder will be promptly invoiced, and such invoices shall be payable by 5pm of the succeeding day.
3.4. Bidding on any Lot(s) does not necessarily require the Account Holder to be the prevailing highest bidder to secure the item. Universal Auctions Group retains the right to submit all bids to the Vendor(s) for assessment. As such, bids placed by the Account Holder on single or multiple lots remain valid for 24 hours after the sale's conclusion.
3.5. Should the Vendor(s) decide to accept your ‘Maximum Bid’ placed, the ‘Account Holder’ will be notified within 24 hours of the auctions ending by receiving your winning payable invoice with a set payment deadline.
4.0. Lot End Times & Removal
4.1. Universal Auctions Group reserves the unequivocal right to withdraw or remove any Lot(s) listed within any sale at any time without providing advance notice to the Account Holder or other parties.
4.2. Pertaining to 'Timed Auctions', the Company reserves the right to amend, alter, or modify the designated end times for any Lot(s) without precedent notice.
4.3. Universal Auctions Group clarifies that all items (or "lots") listed for auction are available at the time of listing. However, Universal Auctions Group Ltd does not guarantee that these items will remain available after the auction concludes (referred to as "after the hammer has fallen"). This suggests there might be circumstances beyond Universal Auctions Group control affecting the item's availability.
4.4. Universal Auctions Group states that it holds no liability for any item that becomes unavailable after the auction or if the seller fails to supply the item. This means Universal Auctions Group does not accept responsibility for situations where the item cannot be provided to the buyer due to reasons that might include, but are not limited to, the item being lost, damaged, or withdrawn by the seller.
4.5. In accordance with this policy, Universal Auctions Group will not entertain any claims related to the unavailability of items. This reinforces Universal Auctions Group position of not accepting liability for such occurrences.
4.6 Universal Auctions Group does offer a remedy in situations where the item is paid for but subsequently becomes unavailable. Universal Auctions Group commits to offering a full refund of the invoice amount to buyers in these scenarios. This means if an item has been paid for and it cannot be supplied for some reason, the buyer is entitled to refund of the full invoice.
4.7. When a lot is closing, should any other ‘Account Holder’ wish to bid on the Lot, the end time will be extended by up to 10 minutes (Auto generated). The will occur each time a bid is placed within the final 10 minutes of the lot closing.
5.0. Buyer’s Premium/ fees
5.1. Each individual lot will carry a Buyer’s Premium ranging from 10-25% applicable to the ‘Hammer Price’ – This will differ from lot to lot. Refer to the ‘Additional Fees’ tab on each individual lot for clarification on the additional fees.
5.2. All Buyers Premium charges are subject to VAT @ 20%.
5.3. Each lot will have an internet surcharge applied which will range from 1%-5%. This will be subject to VAT @ 20%. Please see the additional fee tab on each lot for clarification.
6.0. VAT Charges
6.1. All lots will be subject to VAT @ 20%. Which is applicable to the Hammer Price and the buyer’s premium/fees. Unless otherwise stated in the lot description.
6.2. Some Lots may be sold with no vat on the hammer price. Refer to the lot description for clarification.
7.0. VAT Refunds / Export
7.1. Buyers intending to export a Lot will be charged an additional deposit equal to the VAT due on each Lot purchased.
7.2. To qualify for a refund, the Goods must be exported in accordance with relevant export regulations. Valid written evidence of compliance should be sent by the Buyer to the vendor at their registered address and to the Auctioneer via email (admin@universalauctions.group) within 28 days of the date of invoice. The auctioneer does not take ownership of any goods sold in the auction and therefore accepts no liability for VAT refunds unless specifically agreed with all parties prior to the sale. The auctioneer’s role is to facilitate communication between buyer and seller.
7.3. If satisfactory evidence is not provided, goods will be subject to UK VAT at the standard rate of export, and the Buyer will forfeit any deposit they may have paid in accordance with clause 7.1.
7.4. The Auctioneer cannot refund the VAT on the Buyers’ Premium under any circumstances.
7.5. If the Buyer chooses to export their purchases using their own transport, VAT will be levied and refunded upon satisfactory documentation supporting the removal of the Goods purchased, assuming the terms of clause 7.2 are satisfied.
7.6. Notwithstanding any other clause in these Conditions, the Auctioneer reserves the right to refuse:
8.0. Viewing of Lots
8.1. Universal Auctions group advise viewing all Lots listed within the Auction prior to bidding.
8.2. Viewing is strictly appointment only. Viewing must take place prior to placing any bid(s) on the lot(s) you wish to view & prior to the auction ending.
9.0. Description Accuracy
9.1. As an agent of the seller, Universal Auctions Group provides lot descriptions based on information furnished by the seller. However, we do not warrant the accuracy of these descriptions.
9.2. Buyers are encouraged to thoroughly inspect images and descriptions and seek further information if required before bidding.
9.3. All lots are sold "as seen," and no guarantees or warranties, whether expressed or implied, are provided. It is the ‘account holders’ responsibility to do their own due diligence.
9.4. Descriptions/images are provided by the seller at the time of listing.
9.5. Each Lot which has a mileage/hour reading in the description is not to be deemed as ‘Warranted’ unless otherwise stated.
9.6. Universal Auctions Group conducts a basic check on each vehicle to ascertain that it is not stolen. We rely on the provided information and, as a third party, cannot be held liable for any inaccuracies. Universal Auctions Group does not perform checks for insurance write-offs and therefore cannot provide advice regarding a vehicle's involvement in previous accidents. It is incumbent upon bidders to conduct their own investigations regarding a vehicle's insurance history where it is deemed critical. Furthermore, bidders are required to carry out their own investigations concerning outstanding finance or title, as Universal Auctions Group shall not bear any liability should these checks not be completed prior to the placement of a bid. In the event that outstanding finance is discovered after the purchase, the buyer must address the issue directly with the seller, as Universal Auctions Group is not a party to the contract between the buyer and the seller.
10.0. Lot Images
10.1. Images are provided by the seller at the time of listing.
10.2. Images of lots are for Guidance Purposes Only and should not be relied upon to reflect the true condition of any lot / item.
10.3. In some cases, lots within the auction maybe listed with ‘Stock Images’. In this case images are for illustration purposes only.
11.0. Registration Plates
It falls to ‘Account Holder’ to undergo their own due diligence with any visible ‘Registration Plate’ which can be visibly seen within the ‘Lot Images’.
11.1. Some lots will be listed with ‘Private Registration Number’. In this case it is the account holders responsibility to do their own due diligence to seek if the ‘private number plate’ is included in the sale.
11.2 No ‘Private Registration Number’ is included within the sale unless otherwise stated.
12.0. Collections
12.1. Upon receipt of payment, Universal Auctions will issue the collection details to the email address on the bidding account.
12.2. Collections are by strict appointment only. If no appointment is made, collection may be refused.
12.3. The collection instructions of determined by the ‘seller’ of the lot/s the buyer has won.
12.4. In some circumstance, lots will have specific collection dates/times. These will be stated in the auction details or on an individual lot description. Failure to collect within these dates will result in storage charges being applied or the disposal of you lot/s with no refund being issued.
12.5. A grace period of 5 days will be granted for collection. From the 6th day, a storage charge of 5% plus vat per day, with a minimum charge of £20 plus vat, will apply.
12.6. Goods will only be released upon settlement of all applicable fees. Failure to pay fees or collect goods within 20 days will result in goods being deemed abandoned, with ownership transferring to Universal Auctions and no refund provided.
13.0. Delivery
13.1. Universal Auctions Group, as the auctioneer, do not offer delivery on any lot.
13.2. A lot description may state that delivery is available. This is added to a description on the advice of a vendor.
13.3. If a vendor can offer a delivery quote, this will not be supplied until the full invoice has been paid.
13.4. Universal auctions group, as the auctioneer, cannot be held liable for any loss, damage or inconvenience caused through a delivery arranged by a seller. No refund will be provided as a result of any delivery issues/failures. This is between the buyer and the seller.
14.0. Storage Charges
14.1. Universal auctions Group reserve the right to charge a daily storage Fee of 5% plus vat per day, with a minimum charge of £20 plus vat per day for failure to collect within the stated terms (see 12.0. Collections) (Charged 7 Days A Week, Including Bank Holidays).
14.2. Storage charges are applied to each lot at the charge stated in 15.1.
14.3. Storage Charges must be settled prior to release of any Lot(s) for Collection / Delivery.
14.4. Failure to collect your goods within 20 days of receiving the details to collect, will result in the lots being classed as abandoned and ownership transferring over to Universal Auctions Group. No refund will be issued.
15.0. VDI Checks
15.1. All lots listed with a ‘registration number’ available have been VDI checked by Universal Auctions group prior to being listed.
15.2. All details added to the description are correct at the time of listing.
15.3. Universal Auctions Group advise all bidders to do their own research and due diligence prior to placing a bid to fully satisfy themselves.
16.0. Refunds / Buy Backs / Renegotiations
16.1. Universal Auctions Group and our vendors want to make it clear that there will be no refunds, buybacks, renegotiations, or contributions provided if buyers are dissatisfied with any lots they purchase during the sale. It’s important for buyers to carefully consider their purchases and be aware of this policy.
17.0. Terminations of auctions & Account holders
17.1. Universal Auctions may terminate or suspend auctions at any time without prior notice.
17.2. Universal Auctions may terminate or suspend your access to our services at any time without liability.
17.3 Universal Auctions Group reserves the right to temporarily block any account holder from further bidding activity at any stage—whether before, during, or after any sale.
17.4. Universal Auctions Group reserve the right to have any Account Holder permanently banned from any further bidding activity throughout the platforms Universal Auctions Groups auctions are listed on.
18.0. Payment Terms and Consequences for Non-Payment
18.1. Payment Obligation:
18.2. Payment for any lot won at auction must be made strictly within 24 hours of the auction's conclusion.
18.3. Failure to make payment within 48 hours without prior agreement with the auction house will constitute a breach of contract and a failure to complete the transaction.
18.4. Consequences of Non-Payment:
18.5. If payment is not received within 48 hours, the lot will be withdrawn from the winning bidder, and the following measures will apply:
An invoice will be issued to the winning bidder for the Buyer’s Premium, which must be paid within seven (7) days.
18.6. Buyer’s Premium:
18.7. The Buyer’s Premium is calculated as 15%-20% of the hammer price of the lot, depending on the lot type.
18.8. The applicable Buyer’s Premium for each lot is disclosed under the “Additional Fees” section on the lot page.
18.9. Further Penalties for Non-Payment:
18.10.If the Buyer’s Premium invoice is not paid in full within seven (7) days, the following penalties will be imposed:
a. Non-Payment Interest: Interest will accrue at a rate of 8% per annum, calculated daily, on the total outstanding invoice amount.
b. Administration Fee: An additional administration fee of £295 will be charged.
c. Debt Recovery Charges: The debt will be referred to a commercial debt recovery company, and the buyer will be liable for all debt recovery and legal costs, including but not limited to, 15% of the total invoice amount, payable to the Company.
18.11. Acknowledgement of Terms:
18.12. By accepting the terms and conditions of the auction and placing a bid, the buyer acknowledges and agrees to all terms herein, including the penalties and recovery procedures in the event of non-payment.
18.13. No exceptions will be made to these terms under any circumstances.
18.14. Legal Enforcement:
18.15. Any unpaid amounts will be pursued in accordance with applicable laws, and the buyer is fully liable for all costs arising from their failure to comply with these terms.
This course of action should be adhered to strictly to avoid additional charges or legal escalation.
19.0. Warranty and Liability
19.1. Universal Auctions, as the auctioneer, is not a party to the contract between the buyer and the vendor. We disclaim liability for any action or default on the part of the vendor or buyer.
19.2. Descriptions provided for lots are based on the vendor's information, and Universal Auctions assumes no liability for any losses, damages, or injuries resulting from the sale.
19.3. Trade-only auctions are NOT governed by the Sale of Goods Act 1979, the Consumer Rights Act 2015, or any other consumer contract-related legislation. By bidding, the bidder acknowledges and agrees to this exclusion.
20.0. Confidentiality and Non-Circumvention
20.1. Both parties agree to maintain the confidentiality of any information obtained during the auction process and not disclose it to any third party.
20.2. Buyers shall not engage directly with Universal Auctions' vendors, suppliers, or consignors without Universal Auctions Groups express written consent.
21.0. Feedback and Disputes
21.1. Universal Auctions values feedback to enhance its services. Any issues should be directly communicated to Universal Auctions for resolution.
21.2. Feedback concerning vendors should be directed to them and not posted publicly on Universal Auctions' platforms.
21.3. Universal Auctions may take appropriate action against false or misleading feedback that adversely affects the company's reputation.
22.0. Governing Law and Jurisdiction
22.1. These terms and conditions are governed by and construed in accordance with the laws of the jurisdiction where Universal Auctions Group Ltd is registered.
22.2. Any legal action or proceeding arising from or related to these terms and conditions shall be exclusively brought before the competent courts of that jurisdiction.
23.0. Amendments to Terms of Sale / Terms & Conditions
23.1. Universal Auctions Group reserves the right to modify our ‘Terms of Sale’ or ‘Terms & Conditions’ at any time without prior notification to any account holder or potential bidder.
23.2. It is the responsibility of all returning bidders to make themselves aware any updated Terms of Sale / Terms & Conditions.
All lots are sold at the discretion of Universal Auctions Group Ltd and as such reserves the right on behalf of themselves or the vendors too:
By participating in Universal Auctions Group Ltd. auctions, you acknowledge having read, understood, and agreed to abide by these Terms and Conditions. Your cooperation is appreciated, and we wish you success in your bidding endeavours.
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Tags: Peugeot, Hatchback