Live Bid:
A guide to bidding and buying

Within the guide, we explain the requirements for successful online bidding.

live bid online

live bid online

Live Bid:
A guide to bidding and buying online

Within the guide, we explain the requirements for successful online bidding

IMPORTANT INFORMATION – PLEASE READ

IMPORTANT INFORMATION – PLEASE READ –

REQUIREMENT TO BID LIVE ONLINE

REQUIREMENT TO BID LIVE ONLINE

DEPOSIT AMOUNT REQUIREMENTS

DEPOSIT AMOUNT REQUIREMENTS

Deposits are required by Credit/Debit Card or Bank Transfer prior to log in. (before 6:00 pm)

  • £250 for one vehicle

  • £500 for multiple vehicles

  • £250 for Classic, Retro & Performance Vehicle Auction

** Please note that if your provisional bids are not accepted by the seller you can request return of your deposit, in which case let us know and it will be processed (usually cleared into your account in 3- 5 working days on card payments & next day via Bank Transfer).

IDENTITY VERIFICATION

IDENTITY VERIFICATION

If your bid/s are successful you must provide the following information:

  • Up-to-date Photo identification (Valid UK Driving License).

  • Passport & Proof of home address (Utility Bill).

Note: Not applicable to current Trade Account holders.

PAYMENT REQUIREMENTS

PAYMENT REQUIREMENTS

Successful bidding means you have purchased the vehicle/s. The balance of the vehicle/s cost will be required to be paid in full before the scheduled collection date and time. The deposits taken will be deducted from the balance of the total invoice price.

Balance payment/s accepted via Bank Transfer only.

  • Letchworth Motor Auctions Ltd.

    Lloyds Bank

    Sort code: 30–94–30

    Account number: 29945360

*Please use your full name or vehicle registration as a reference.

All vehicles purchased are required to be paid in full and collected within 48 hours. Vehicles will be subject to vehicle storage charges after 48 hours unless agreed prior.

AUCTION TERMS

AUCTION TERMS

  • SOLD AS SEEN

Vehicles offered by the auctioneer SOLD AS SEEN, are sold with no warranty implied or given in relation to the vehicles mechanical condition, previous usage, age and mileage.

  • SOLD WITH A TRIAL

Vehicles offered by the auctioneer SOLD WITH A TRIAL come with a 45 POINT VEHICLE REPORT and NAMA vehicle condition report.

An hour’s trial is also provided from the point of collection.

Note: Valid for 48 hours from the time of purchase.

Please call a member of our team on 01462 338 331 or email info@lmauctions.co.uk for more information.

Q & A

  • Ensure that the sound is not muted or turned down on your computer or laptop.

  • Make sure that the speaker icon on top of the video is green as shown above.

car auction live

This means your account is not open for bidding, you can still view our auction, but you won’t be able to place your bid online without leaving a deposit in advance.

cars letchworth

Please ensure the correct button is used during the auction as shown below.

If you press the BID NOW button it will register a bid immediately, it won’t ask you to confirm, so make sure you’re certain before you press that button!

There are 3 main buttons on the page BID NOW, I MAY BID and I’M OUT.

Make sure you know which button to press and most importantly – when.

  • Make sure you are aware of any additional fee charges on top of the winning bid amount such as private or trade buyer’s fees or in some cases additional VAT.

  • Always read the auction Terms & Conditions before bidding.

  • If you have any queries or would like to discuss the process further please call our office 01462 338 331

DOWNLOAD OUR FREE APP

DOWNLOAD OUR FREE APP

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BUYING & SELLING FEES

TRADE

BUYING & SELLING FEES

PRIVATE