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Terms & Conditions of Selling

By placing goods to sell at Penrith City Auctions, the SELLER agrees and understands all of the conditions of sale and are bound by the conditions of Auction.

 Terms and conditions are subject to change at any time and it is the responsibility of the seller to ensure they are aware of any changes made.

Fees effective May 1st, 2015 are as follows

  • Penrith City Auctions Commission is 20% of hammer down price.

  • Government takes 2% of hammer down price

  • Lotting fees- $1 per item (box lots = 1 item) with a minimum of 5 items (minimum lotting fee is $5)

  • Disposal/tip fees- minimum charge of $10.

  • If you require a cheque mailed, an additional $5 admin fee is payable.

Collection: Unsold items must be collected the following working day. The onus is on the vendor to make an enquiry as to whether sales have been made. Goods will be re-auctioned or tipped at the auctioneers discretion (disposal fee will apply). Lotting fees still apply to unsold items.

Reserve Prices: will be estimated by the management at Penrith City Auctions and are valid for one sale only.

Bulk Items: Will be sold individually or in grouped lots at the auctioneers discretion. All reasonable care is taken but Penrith City Auctions accepts no responsibility for damaged or stolen goods.

Payment: Cash will be available 10 days after the auction.  Cheques can be organised by prior arrangement ($5 fee).

You can bring in your items for auction between 9.00am-4.30pm Tuesdays & Wednesdays & 9.00am-12.00pm Thursdays.

Auctions are held each Saturday from 8.00am

  • The vendors and a member of staff will receipt all items left and a copy of this receipt will be given to the vendor indicating items, when the items will be auctioned and the unique vendor number.

  • There will be a non-refundable lotting fee of $1 per lot left for auction (minimum fee $5). This is charged whether the items sells or not.

  • A standard 22% commission (GST included) is charged on all items sold.

  • Items may be sold at 10% below reserve if deemed appropriate by the Auctioneer.

  • The onus is on the vendor to make an enquiry as to whether sales have been made.

  • Cash will be available 7-10 days after the auction. Office is closed for collection 1 hour prior to and during any auction. Cheques can be organised by prior arrangement ($5 fee)

  • A cheque for proceeds of a completed sale will be posted within a period of 14 days after all goods are sold.

  • Any items that is identified as allegedly stolen, Penrith City Auctions is required to report the vendor(s) to the police any information they hold on the seller / vendor in addition to handing over the allegedly stolen item(s).

TERMS AND CONDITIONS ARE SUBJECT TO CHANGE AT ANY TIME AND IT IS THE RESPONSIBILITY OF THE SELLER TO ENSURE THEY ARE AWARE OF ANY CHANGES MADE.