About uBid Auctions

Auctions will be held once month on a Wednesday starting at 10.00 and finishes on the Friday of the same week approximately around 12.00pm  (Noon UK time)

If you have created an account already you can login here otherwise you can register for a new account here. Once the account had been approved you will need to pay a deposit of £500 via our online system or via credit card over the phone before you can place bids. We can either return your £500 deposit or we can hold on to your £500 for the next auction or if you win an item use it as part of your payment towards it.

All auction items are:

HPI Checked

Sold + 20% VAT (Unless sold under export terms)

DEPOSITS

A £500 deposit is required before you can bid

The deposit can either be paid via PayPal, over the phone by card or by bank transfer.

PayPal: To pay via PayPal please click the link below which will take you to your "My Account" page (it may ask you to login if your not already), and click "Make £500 deposit", this will then take you to PayPal where you will need to login to your PayPal account to make the £500 payment.

Go to My Account

Phone: To pay via card, Please call us on +44 (0)1223 857449 We can then take this £500 payment over the phone and we can activate your account for bidding.

Bank Transfer: To pay via bank use details below , once payment has been sent please email bank confirmation when a payment has been made and we will unlock your account straight away. ( info@ubidauctions.co.uk )

S.J.H - ALL PLANT GROUP LTD

SORT CODE: 60-13-28

ACCOUNT NO: 47193484

IBAN NO: GB92NWBK60132847193484

SWIFT BIC: NWBKGB2L

 

How the bidding system works

All bids will be in multiples of the minimum increment. All items begin at a low starting price so it is feasible that an auction can be won with just one single bid.

Users can place a maximum bid that will be used to increase the increment, should another user place a bid on the same item.

Bidding example:

Note: In this example the lot has a minimum increment of £250, but the minimum can vary from lot to lot.

 

Starting price: £250

User-x: Places an initial bid of £250

User-y: Places a new maximum bid of £1,000

The current bid displayed is now £500

User-x: Place a new bid of £750 (being the minimum increment)

Pop up telling user that they are not the winning bidders as the have been pre out bid

User-x: Places a new maximum bid of £1,000

Pop up telling user that they are not the winning bidders as the have been pre (equal) out bid

User-x: Places a new maximum bid of £1,250

User x is now the current high bidder, the current bid displayed is now £1,250

Auction end

The auction will end at the stated time, unless a bid is placed with 5 minutes of the auction end time. In this instance, the auction for that item will be extended by 5 minutes from the time the latest bid was placed.

CHARGES

Buyers

The Buyer’s commission is charged as follows and will be added to the hammer price;

  • 2.5% for each lot won

Sellers

The Seller’s commission is charged at the following rates and will be deducted from the sales proceeds; a HPI charge will be levied against each item for £5.00 + VAT per item.

  • 15% For lots receiving the hammer price of less than £500 GBP
  • 10% For lots receiving the hammer price of more the £500 but less than £2,000
  • 2.5 % For lots receiving the hammer price of more the £2,000

TRANSPORT AND SHIPPING

Whether you are buying from our stock or bidding in our new timed auctions we are dedicated to meeting your requirements, we are able to offer a door to door service, by this we mean;

  • We have our own heavy haulage lorries so whatever the size shape or weight of your items we will be able to transport it ourselves which means we can offer you in house prices which can work out considerably cheaper.
  • We can dismantle any machine if required. We have lots of experience in loading plant into containers and onto lorries so rest assured our team will get you loaded, you are in good hands
  • We have access to a number of tried and tested reliable and affordable freight forwarders who will take care of shipping, documents and customs requirements giving you peace of mind and simplifying the process.  

Please get in touch and let us know whatever it is that you need. We will endeavor to  make this as simple and stress free as possible for you!