Procedure at an ‘on-site’ auction
Prospective bidders, having obtained a copy of the auction catalogue, must inspect the lot(s) they are interested in by attending the public viewing on the day(s) advertised. An auction sale is not a consumer sale, so it’s essential that prospective bidders satisfy themselves that the lot(s) they are interested in are fit for the intended purpose. No lot can be returned or refunded after the sale; there are no warranties, and all lots are purchased ‘as seen’. This is considered by some as not very fair, but bidders generally attend auctions in the hope of availing themselves of a bargain, and bargains there will surely be; the bargain prices generally paid reflect the risk purchasers take with regard to the suitability and condition of the goods in question.