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| Home - Car Auction - Car Auction's Deposit Structure |
| PURCHASE PRICE |
DEPOSIT REQUIRED |
| RM2,000/- AND BELOW |
FULL PAYMENT OF PURCHASE PRICE & BUYER'S PREMIUM AT RM500/- |
| RM 2,001/- TO RM 100,000/- |
DEPOSIT RM1,000/- and BUYER'S PREMIUM AT RM500/- |
| RM100,001/- AND ABOVE |
A SUM OF EQUIVALENT TO 10% OF THE BIDDING PRICE AND BUYER'S PREMIUM AT RM500/- |
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DEPOSIT ON EACH LOT AND BUYER'S PREMIUM MUST BE PAID BY CASH/BANK DRAFT IN FAVOUR OF FOCAL PARK SDN. BHD. IMMEDIATELY ON THE FALL OF THE AUCTIONEER'S HAMMER.
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THE BALANCE PURCHASE PRICE MUST BE PAID IN CASH/BANK DRAFT/TELEGRAPHIC TRANSFER IN FAVOUR OF FOCAL PARK SDN. BHD. (OR THE LEGAL OWNER WHERE APPLICABLE) WITHIN SEVEN (7) DAYS AFTER THE DATE OF PUBLIC AUCTION SALE .
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ALL VEHICLES OFFERED FOR SALE ARE "AS SEEN" AND ON "AS IS WHERE IS" BASIS AT THE BUYER'S RISK.
Note: The above structure is merely a guideline and reference only!
Every bank has its own terms and conditions to be announced during auction. |
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