BCA DIRECT GENERAL CONDITIONS OF SALE

100% electronic vehicle auctions

 

BCAUCTIONS licence n°2002-294

 

J.M. BREMENS - C. BELLEVILLE - D. PONCET

(Certified auctioneers)

 

           

In addition to physical auctions held across its three centres in France (Paris, Lyon and Bordeaux), BCAuctions,also offers 100% electronic auctions with BCA Direct: www.bca-direct.fr  (Owned by the BCA Group).

This sales tool for electronic vehicle auctions conforms to current legislation (Law n°2000-642 of 10 July 2000). BCAuctions, a Voluntary Sales Company, is approved by the Sales Council under licence n°2002-294, with the auctions conducted by certified auctioneers.

 

1)     AUCTIONS ON THE INTERNET

BCA Direct is a 100% electronic auction, open to the public every Thursday from 10am until 12 noon on Friday.

With digital photos illustrating the vehicle and any possible damage, a vehicle description and MOT details, coupled with BCA Direct’s electronic sales tool, internet users are able to participate in auctions and place bids (see user manual)

The way it works is simple andstandard auction practice:  the person making the highest offer at the end of the auction buys the vehicle in question.

An internet user registering for the purpose of placing bids on a vehicle they hope to buy is called a bidder.

The highest internet bidder at the end of the bidding period is named the successful bidder.

To participate in an auction, the internet user must first register on  www.bcae.net.

 

 

2)     CONDITIONS OF ON-LINE REGISTRATION

Any internet user wishing to participate in the auction must register on www.bcae.net, providing his postal address, a valid email address and his bank details.

Address and bank information submitted by internet users is checked via a secure banking site and handled in a strictly confidential manner.

Registration cannot be validated unless the internet user has first accepted the current General Conditions of Sale.

If the registration application is accepted, BCAuctions issues the internet user with a personal and confidential code via email within 48 hours. This confidential code allows the internet user to place bids. The internet user is held solely responsible should this code be divulged to a third party.

A total of €400 excl. VAT (€478.40 inc. VAT) corresponding to the minimum auction fee will be charged to the internet user’s bank card should the internet user be the successful bidder of the vehicle in question and does not pay for the vehicle within the specified time frame (three days following the auction). The internet user subsequently risks closure of his BCAuctions account.

 

Under no circumstances will the bank card be debited without notice.

 

3)     HOW THE AUCTION WORKS

A user manual is available, explaining how the auction works.

BCAuctions reserves the right to withdraw, at any point during the auction, any vehicle suspected of being involved in a controversy or dispute.

Where two bidders place the same bid, the first bid prevails.

There are two ways in which to place a bid:

·         Place a fixed offer

·         Place a ceiling offer

 

The price displayed includes all taxes, excluding auction fees.

 

4)     RIGHT TO WITHDRAW

Under the 2001-741 ruling of 23 August 2001 (art. 121-17 of the consumer code), remotely conducted, electronic public auction sales of movables are excluded from the right of withdrawal.

In view of this, all bids placed and all sales by auction are considered final.

Should the successful bidder cancel his purchase, he immediately risks the closure of his BCAuctions internet account. He will also be charged the minimum auction fee of €400 excl. VAT (€478.40 inc. VAT).

 

5)                 SALE BY AUCTION, PAYMENT AND DELIVERY OF VEHICLES

At the end of the auction, the buyer receives an email (with invoice attached) from BCA informing him thathe is the successful bidder of the vehicle(s) concerned.

The successful bidder must then pay the auction sale price plus any auction fees at oneof the three BCA centres (see addresses on website) in the three working days following the auction.

The successful bidder may pay via bank transfer or bank cheque.

In accordance with current regulations, a cash payment may not exceed €1,100 for businesses or €3,000 for private individuals.

Once payment has been made, the original registration documents will be handed over along with the vehicle. Should these documents not be available immediately, it may take up to two weeks to obtain them. They will then be sent to the address you provided.

Should payment not be made within the specified time frame, BCAuctions will be obliged to cancel the sale. The successful bidder risks immediate closure of his BCAuctions internet account. He will also be charged the minimum auction fee of €400 excl. VAT (€478.40 inc. VAT).

 

Vehicles must be collected within a maximum of four days from the date of the sale. Thereafter, parking costs will be invoiced at a rate of €5 per additional day.

Vehicles may only be collected after full payment has been made.

The buyer is responsible for insuring the vehicle starting from the moment the hammer falls.

 

 

 

6)     AUCTION FEES: to be added to the auction sale price in line with the table below (amount excludes VAT)

Auction fees for voluntary sales, regardless of volume, represent 12% excl. VAT (14.35% inc. VAT) of the auction sale price, with a minimum of €400 excl. VAT (€478.40 inc. VAT) and a maximum of €1200 excl. VAT (€1435 inc. VAT).

These auction fees decrease on a sliding scale depending on the volume of vehicles bought over the last three months, in line with the following table :

Hammer price incl. VAT

< 20 000 €

> 20 000 €

Categories

Purchases from the last three months

Buyer fees (as a % of hammer price)

Minimum

Maximum

Buyer fees (as a % of sale by auction)

Gold

> €30,000 incl. VAT

6% duty free

 (7.18% inc. VAT)

300 € duty free

 (359 € inc. VAT)

600 € duty free

  (718 € inc. VAT)

3% duty free

 (3.59% inc. VAT)

Silver

> €15,000 incl. VAT

9%  duty free

 (10.76% inc. VAT)

350 € duty free

 (419 € inc. VAT)

900 €  duty free   (1077 € inc. VAT)

4.5% duty free

 (5.38% inc. VAT)

Classic

No minimum volume

12% duty free

(14.35% inc. VAT)

400 € duty free

 (479 € inc. VAT)

1 200 € duty free   (1435 €  inc. VAT)

6% duty free

 (7.18% inc. VAT)

 

7)      SERVICES AVAILABLE

·         Mechanical warranty

You can take out a mechanical warranty at reception in any of our sales centres or by consulting our partner organisation’s website: www.enchereassure.fr

 

·         Insurance

You are responsible for insuring your vehicle before leaving any of our centres. It is possible to take out insurance at reception in any of our sales centres or by consulting our partner organisation’s website: www.enchereassure.fr

 

·         Transporting your vehicle

We can pass on extremely competitive prices negotiated with numerous transportation companies.

For pricing information and approximate delivery times, you can email our logistics department at: logistique@bcae-france.com

 


8)     RESPONSIBILITY

Only persons with full legal capacity are authorised to register on this site.

Public auctions are reserved for adults only. ID will be verified upon payment and delivery of the buyer’s vehicle.

The responsibility of the BCAuctions company is limited to providing the necessary means to ensure correct sale by auction procedure.

BCAuctions accepts no responsibility for either buyers or vendors.

Photographs and vehicle descriptions published on the site and during the auction itself comply with legal regulations governing publicity for public auctions.

By validating the general conditions of sale, internet users are accepting both these conditions and the auction fees. 

All bidders have the right to access and modify their personal information held on the site. Personal computerised files are submitted to the CNIL (French data protection authority) in accordance with current legislation.

 

9)     VATRECOVERABLE ON VEHICLES AND EXPORT

Vehicles on which VAT may be recoverable are identified as such in the sales catalogue.

Current rate of VAT applicable to the motor industry = 19.6%

For all intra-community countries

(Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom)

Private individuals:

  • In order to purchase, please provide one piece of ID (original only).
  • Payment including VAT.

Businesses:

  • Buyers are requested to provide:
    • proof of registration with their country’s register of commerce (e.g. Kbis extract, certificate of incorporation etc.)
    • proof of the company’s intra-community VAT number
    • passport or ID card of the company’s official representative
  • Payment:
    • If you are using the services of our partner transportation company:
      • vehicle invoiced excluding VAT, auction fees and transportation fees
    • If you are using the services of another transportation company:
      • invoice includes VAT

Upon receipt of the CMR note (freight document) stamped by both the transportation company and the buyer, we will reimburse your VAT by bank transfer.

 

For all countries outside the European Union

 

Private individuals:

  • In order to purchase, please provide one piece of ID (original only).
  • Payment including VAT.

 

Businesses:

  • Buyers are requested to provide:
    • passport or ID card of the company’s official representative
  • Payment:
    • If you are using the services of our partner forwarding agent:
      • vehicle invoiced excluding VAT and auction fees
    • If you are using the services of another forwarding agent:
      • invoice includes VAT: to recover VAT, the vehicle must leave French territory in the month following sale, with the EX1 export form returned to us within a MAXIMUM of 2 MONTHS, starting from the date of sale of the vehicle. Upon receipt of these documents, we will refund your VAT by bank transfer.

 

10)  ATTRIBUTION OF JURISDICTION

The present general conditions must be interpreted according to French law. In the case of any dispute, jurisdiction is attributed to the competent courts of the domicile of BCAUCTIONS Head Office.

Should this be contested, the commercial court of Créteil will be considered competent.