Soft close:
Our online storage auctions have a soft close. All bids within the last minute will extend the closing time by 2 minutes. This way the Buyer willing to bid the most will win the auction. The auction is officially closed when the "SOLD" notice appears on the auction page, otherwise the auction has gone into a soft close. Note: Should the storer come in and pay their outstanding storage fees prior to the close of the auction, the Seller will remove the unit and bring the auction to a close.
Prices inclusive of VAT:
Unless otherwise stated, all rand amounts are inclusive of VAT (Value Added Tax). Example: An auction won at a Sale Price of R1000.00 would be calculated as R869.57 + R130.43 VAT. The Buyer`s Premium of 15.5%, calculated as a percentage of the Sale Price will also include VAT and will be payable by you at the time of purchase.
