Training Example: Asset Auctions Ltd – Review the Data, Give Your Score & Compare to the Real AI Evaluation

[H2] ASSET-AUCTIONS
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Auction Services
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Here are just some of the services we can provide:
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We will visit your company premises, and take a full description and photos of your assets for sale.
We work closely with various liquidation accountants with the aim of quickly realising and attaining your asset's full market value.
All auctions are advertised in the bidspotter & i-bidder web adds and email listings to give maximum exposure to the auction community.
Each lot is individually listed, photos displayed and any queries are handled by the team, leaving you free to sit back and watch the bidding.
At the close of auction, Asset Auctions will invoice all winners and notify the seller of the overall hammer prices.
All accounts are settled promptly. Arrangements are then made for collection of goods and specific times allocated are adhered to.
You, the seller, receive your hassle free money for minimum effort.

Please get in touch with us for more details.
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Types Of Auction & Pricing Structure

Collective Auction
Just like our current listed auctions, a collective auction caters for numerous vendors at the same time, all regular collective auctions are online through Bidspotter and I-Bidder and are promoted to 1000s of potential buyers once live, attracting a high number of buyers registering for each sale.
this also allows our clients to dispose of their assets at any time throughout the year to suit them.
Private treaty sale
A private treaty sale is the auction to choose should you only have a short time to dispose of your assets, similar to the collective auction apart from the bids are submitted in confidence and therefore competing bidders do not get to see the amount that someone else has bid, this type of sale is targeted to specialist buyers of the asset type and indicates to them the length of time they have to submit the bid to us and once that date arrives, we would then submit the highest bids to you for your approval.

Event Sale
An event sale is ideal if you have a large number of assets to dispose of, we then create an additional online timed event which would be your very own auction, again this would be targeted to buyers of the specific assets being disposed of and no other vendor would be able to enter lots in your sale.
Should you choose this method then once we have the photographs and reserves, we would send you a link to the auction and you can watch the bids coming in on your assets.

Pricing
Here at Asset Auctions Ltd, our pricing structure for vendors is straight forward, there is no charge to the vendor whatsoever, no listing fee, no selling deductions, absolutely no charge. You the vendor get returned 100% of the hammer price.
We charge the buyer a nominal premium of 15 % on the sales price, which compared with most other auctions is significantly low.
​About & Subscribe
[H2] Would you like us to sell your assets?
We can come to your premises to discuss this, or we can give you a call, It is FREE to sell with us! Just CLICK BELOW!
[H3] Subscribe to be the first to know about our upcoming auctions!

[H2] ASSET-AUCTIONS
[H1] Get In Touch
General Enquiries     accounts@asset-auctions.co.uk
Address:
Systems House
Lodge Lane Industrial Estate
Tuxford, Nottinghamshire
NG22 0NL

what3words
///hint.destined.acclaimed
https://w3w.co/hint.destined.acclaimed
[H1] Opening Times​
Monday                          9:00am to 4:00pm
Tuesday                           9:00am to 4:00pm
Wednesday                     9:00am to 4:00pm
Thursday                         9:00am to 4:00pm
Friday                             9:00am to 2:00pm
Saturday                                          Closed
Sunday                                            Closed

[H2] Would you like us to sell your assets?
We can come to your premises to discuss this, or we can give you a call, It is FREE to sell with us! Just CLICK BELOW!

[H2] ASSET-AUCTIONS
Important Information
VENDOR'S MONEY BACK GUARANTEE*
Get the item you won* or your moneyback—it’s that simple! Our VENDORS' Money Back Guarantee applies to virtually everything on our site, there's a nominal 1% extra indemnity fee for coverage.
It’s automatic and covers up to 100% of your bid price (BUT NOT BUYERS PREMIUM / SHIPPING / DELIVERY OR ANY OTHER COSTS). NOTE: *THE MONEYBACK GUARANTEE IS SUBJECT TO TERMS & CONDITIONS AND AUCTIONEER'S DECISION IS FINAL).
THIS IS A TRADE ONLY AUCTION - AND YOU ARE DECLARING YOURSELF AS BIDDER BY WAY OF TRADE - ALL BIDS ARE VALID - CLIENTS MAY DECIDE TO REDUCE/REMOVE THE RESERVE TOWARDS THE END OF THE AUCTION - SO REMEMBER - YOU BID TO BUY!   WINNING BIDDER INVOICES WILL BE EMAILED THE NEXT MORNING AND NEED TO BE SETTLED THE SAME DAY. IF YOU ARE UNABLE TO DO THIS, PLEASE DO NOT BID!
Buyers Premium is based on hammer price AND STATED WITHIN THE LOT ( CLICK BUTTON 'ADDITIONAL FEES APPLY' )
0-£1,000 20% + vat
£1,001 + 18% + vat
Payment to be made in full by 16:00 hrs the day following the sale date. IF PAYMENT HAS NOT BEEN RECEIVED BY THIS DATE THEN YOU WILL AUTOMATICALLY INCUR A CHARGE OF £20 + VAT A DAY PER LOT - NO EXCEPTIONS!
Viewing is encouraged, strictly by appointment with auctioneers. Please email accounts@asset-auctions.co.uk to arrange.
Vehicles are transported to our compounds and merely driven for the purpose of photographing and parked up for viewing - we have not necessarily personally viewed or test driven any vehicle. Any appraisal is given purely as a guide/opinion by the delivery driver/photographer not a mechanic/expert and does NOT form any part of the description.
All lots are strictly sold with no grading or guarantees and can include pre-owned, salvage, part-exchange, repossessed, ex-finance, seized vehicles and from liquidations and insolvencies, there can be no refunds or discounts offered under any circumstances. Your bid is your legal commitment to purchase.
You expressly acknowledge and agree that you are not a consumer but a trade purchaser and as such it is fair and reasonable for us to exclude, restrict or limit our obligations and liability to you in respect of the lots we offer for sale on behalf of sellers or ourselves.
The Buyer acknowledges that this is a 'trade only' auction sale where bidders may be on-line or in person and as such is NOT a consumer sale for the purposes of the Consumer Rights Act 2015 (which replaced the Sale of Goods Act 1979 (as amended by the Sale and Supply of Goods Act 1994)) and the Unfair Contract Terms Act Regulations 1977 / 1999 and the Buyer shall not seek to rely upon any conditions or warranties implied thereby.

ALL PAYMENTS TO:
Account Name: Asset Auctions Ltd
Sort Code: 23-14-70
Account Number: 72719329
IBAN: GB23 TRWI 2314 7072 7193 29
SWIFT/BIC CODE: TRWIGB2LXXX

Account Name: Asset Auctions Ltd
Sort Code: 40-35-76
Account Number: 80027790
IBAN: GB26HBUK40357680027790
BIC/SWIFT CODE: HBUKGB4176N

Lot details are provided in good faith, with information available at the time of listing and are not to be read as a statement or representations of fact, but as a general guide, they may be revised at any time prior to conclusion of the auction with new information that has come to our attention. It is a contractual obligation that bidders make their own investigations where dimensions, mileages, hours, condition / damage or authenticity are critical.
VAT is applicable on all lots unless stated otherwise in the lot description. Where a lot is marked *no vat* this is on the hammer only - the buyer's premium always attracts VAT.
Delivery: we can arrange quotes from 3rd party fully insured delivery companies. However please be aware that all deliveries, both driven and transported, are undertaken by third parties on your behalf and are separate from the auction sale contract. We cannot be held responsible for any issues that arise during the delivery process.
Collection within 7 days, following the end of the auction STRICTLY BY APPOINTMENT ONLY- unless by prior agreement in writing, any items not collected by this date will incur a storage charge of £20 + VAT a day. FREE STORAGE FOR 7 DAYS ONLY. WE RESERVE THE RIGHT TO RE-OFFER UNCOLLECTED LOTS TO RECOVER OUTSTANDING COSTS. NB: ANY LOT NOT COLLECTED AFTER 30 DAYS WILL BE CONSIDERED ABANDONED.
E & O. E.
BY BIDDING ON LOTS WITHIN OUR AUCTION, THE BIDDER ACKNOWLEDGES THAT THEY HAVE DONE THEIR OWN RESEARCH, CARRIED OUT  THEIR DUE DILIGENCE, HAVE THOROUGHLY INSPECTED THE LOT(S) / PROPERTY.  SELLER MAKES NO REPRESENTATIONS OR WARRANTIES IN ANY MANNER EXPRESSED OR IMPLIED, AND BUYER AGREES TO THE TERMS LISTED IN THIS AUCTION, AND INDEMNIFIES SELLER AND AUCTIONEER AGAINST ANY CLAIMS AS TO  FITNESS FOR USE AND PURPOSE.
Location: see individual lot details.
Viewing: Strictly by appointment
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Terms and conditions:
These standard terms and conditions set out the contract terms between a vendor and purchaser of goods. As auctioneer, we are not party to the contract. They explain your rights and obligations. You will be deemed to have accepted and be bound by these Terms and Conditions when you click “I have read and accept the Auctioneer’s Terms and Conditions” on the auction website and accept them as fair and reasonable. You cannot proceed to bid without accepting these terms.
All lots purchased, whether sold at a physical or on-line auction or sold directly by private treaty, will be governed by these terms and conditions and enforced in accordance with the laws of England.
We may revise/update these Terms & Conditions and website/auction content at any time by amending this page/auction listing website. Please check this page from time to time to take notice of any changes we made, as they are binding upon you. The auctioneer will decide the conduct of the auction without having to give reason.
E & OE - We do not guarantee that the website, or any content within it, will be free from errors or omissions.
The Buyer acknowledges that this is a 'trade only' style auction sale opposed to a ‘consumer sale’ for the purposes of the Consumer Rights Act 2015  (which replaced the Sale of Goods Act 1979 (as amended by the Sale and Supply of Goods Act 1994) and the Unfair Terms in Consumer Contracts Regulations 1977/1999 and the Buyer shall not seek to rely upon any conditions or warranties implied thereby.
Registration is only available to bidders over 17 years of age as subsequent bidding creates a legally binding contract.
All bidders will register their details, including full name, business name, address, contact land line and mobile telephone numbers, email address, vat number and Company registered number where applicable. We cannot normally change the bidder’s details on the invoice and if so requested there is a one-off £20 plus vat charge to cover the extra administration costs incurred.
FOR GDPR purposes it is agreed that the bidder’s details may be added to our mailing list for the purpose of informing the bidder of future auctions that may be of interest to him/her.
We have the right to disable access to the website at any time, if in our reasonable opinion you have previously failed to comply with any of the provisions of these Terms of Use.
All overseas bidders and any bidder unknown to us, or if so requested, will deposit the refundable sum of £1000 into our business account, as below, held against any potential non-performance or until a satisfactory record of trading is established, whereupon it will be refunded.
By bidding the bidder acknowledges he/she accepts these Terms & Conditions as fair and reasonable and expects them to be fully recognised by the Courts.
It is acknowledged that any bidder is bidding as a principal, acting by way of trade, not a private individual, either personally or on behalf of an authorised by a legal entity (i.e. limited liability company, partnership or group) unless specifically otherwise agreed in writing with us.
You have a duty of care to protect your login and password details. To be clear, it is NOT possible for another person to simply ‘hack’ your account, due to the high level of security of the on-line system. If you do allow another person, family member, visitor, employee, colleague etc., knowingly, carelessly or otherwise, access to your login and passwords, card details and contact number - you will be liable for any and all bids made.
The buyer acknowledges he is not relying on any warranties or representations made by the vendor or the Auctioneer or any of their employees, agents or representatives. All representations, warranties and conditions, express or implied, statutory or otherwise in respect of all and any of the lots are expressly excluded and without limitation any warranties and conditions as to title, satisfactory quality, fitness for purpose and description are excluded to the fullest extent as permitted by law. Neither the vendor nor the Company shall in any circumstances be liable to or to compensate the buyer nor shall the buyer be entitled to rescind the sale or reject any lot for an error omission or misstatement contained in the catalogue.
Most vehicles/lots are either pre-owned, salvage, part-exchange, repossessed, ex-finance, seized vehicles and from liquidations and insolvencies or finance companies hence there can be no refunds or discounts offered under any circumstances. Your bid is your legal commitment to purchase.
No warranty is offered or implied. Some clearly selected vehicles are sold 'with a trial’. This is a 15 minute limited (non driving) trial to confirm that there are no undeclared major faults and that the vehicle meets description, allowing for normal wear and tear and condition commensurate with the age, mileage and use of the vehicle.  In case of dispute, the auctioneer's decision is final. It is irrevocably agreed that the auctioneer is the final arbiter in all cases of dispute.
All bids are valid, even if at the time of placing it, the reserve is not met, as we always submit the highest bid to the vendor during or shortly after the auction and they may agree to accept the bid.
Vendors regularly ask us to reduce/remove the reserve towards the end of the auction and put lots ‘on sale’. Remember when placing a bid you are bidding to buy.  Occasionally we may find it necessary to remove a bid (as we may have recognised the bidder as a previous defaulter for example). In this case you will be emailed/text (usually prior to the conclusion of the sale) within 24 hrs that you are the current highest/winning bidder. Our on-line auction sale platform will use ‘auto bid extension’. If a bid is placed with less than 10 minutes remaining, that Lot end time automatically extends to 10 minutes. This will keep occurring until there is a 10 minute period with no further bids and bidding on that Lot ends.
A sale is concluded at the fall of the hammer or in the case of an on-line auction, the time-out or in the case of a private treaty or tender, when the bid is accepted by the Auctioneer, confirmed in writing by way of email of the Company’s invoice. The buyer acknowledges and agrees that he has entered into a legally binding contract of sale with the vendor to buy the lot and the buyer is legally obliged to purchase the lot. The Buyer shall, by approx. 10.00am the following working day, be sent an invoice by email in respect of the monies due for the lot(s) purchased. This is due for settlement on the same day. If you are unable to do this please do not bid.
Details on the lot may change due to new information received during the course of the auction and it is the bidder’s responsibility to check the detail of the lot prior to bidding.
No bid may be cancelled or withdrawn. The auctioneer does not have to accept the highest bid and all bids are due to approval and acceptance by the vendor.
The company may sell any lot by private treaty or tender before or after the auction.
Risk of damage to or loss of the lot passes to the buyer immediately upon the conclusion of the sale.
We have no liability to guarantee your continuous internet access to the website and encourage bidders to place their bids early rather than waiting until the last seconds of the lot.
Again, this is not a Consumer auction, by clicking the box to accept our terms and conditions you are also confirming that you are bidding by way of trade and not a Consumer. The Sale of Goods Act 1979 (as amended by the Sale and Supply of Goods Act 1994) does not apply to this auction.
Reserve - the vendor is entitled to change/remove any reserve price at any time before the conclusion of the sale. Vendors regularly ask us to reduce/remove the reserves towards the end of the auction and put items ‘on sale’.
The highest bidder at that time will receive a short email/text to that effect, which supersedes a previous automated ‘reserve not met’ style email.
The vendor, his agent or the auctioneer may bid on any lot up to the reserve price.
The Auctioneer, the Company and/or the vendor is not bound to accept the highest bid or any other bid placed in the course of the auction.
Lots - Misrepresentation Act 1967 - No person in the employment of Asset Auctions Ltd has any authority to make or give any representation or warranty whatever in relation to any Lot. (Clearly a phone call post auction to enquire "will the van get me home?" or the like, is only a best guess!)
All lots are offered “as is, where is”, subject to not being sold or withdrawn and without any express or implied warranty, and not represented to be in a roadworthy condition, mechanically sound or maintained in any particular condition whatsoever. Lots may not be fit for purpose and may require substantial repairs at the buyer’s expense. The lots may not be of satisfactory quality.
You acknowledge and agree that we have excluded our liability in respect of terms that would otherwise have been implied into the Contract of Sale under the Sale of Goods Act 1979 (as amended) to the fullest extent permitted by law, including without limitation the terms relating to lots complying with their description and/or being fit for a particular purpose.
We expressly disclaim the accuracy or completeness of any and/or all information provided to you regarding lots whether provided in written, verbal or digital image form. Lot information is provided for convenience only. You agree that you will not rely on lot information in deciding whether or how much to bid on any lot. Lot information includes without limitation: year, make, model, condition, damage amount, damage type, roadworthiness, drivability, accessories, mileage, odometer readings, vehicle identification numbers, title, repairs needed, repair cost, repair history, title history, service history and total loss history. We expressly disclaim any and all representations (whether written or verbal), warranties and guarantees regarding the l