Frequently Asked Questions
General Questions
To register for an auction, visit our website and create an account. Once registered, you can browse our upcoming auctions and participate in bidding. Required documents include a copy of your ID or passport, company documents if bidding on behalf of a company, VAT registration if applicable, proof of residence not older than 3 months, banking confirmation, and proof of payment for the deposit.
We specialise in industrial equipment, including trucks, trailers, mining equipment, agricultural implements, and machinery. No auction will ever be exactly the same—some auctions may have better equipment and a wider variety than others.
Our auctions are held online approximately every 6 weeks. You can find the auction schedule and details on our website and on our social media.
Sign up for our newsletter or follow us on social media for updates on upcoming auctions and new listings.
Buying On An Auction
Once registered and logged in, you can browse our auction listings and place bids directly on the items you’re interested in.
Your bid (+VAT) + Buyers commission of 10% (+VAT) = Your total bid price (Full of the hammer price)
The Buyer’s Commission, VAT (if applicable), and STC (if applicable) will be specified for each Lot. As each Lot comes with its own unique set of conditions.
If you win an auction, you’ll receive a confirmation email with payment and pickup instructions. Payment is required within the specified timeframe. You can also contact your sales representative to arrange pickup.
Payment must be made within 24 hours after the of the auction closes. You can deduct the deposit already paid from the total invoice amount. Full payment can be made via EFT or cash deposit into our bank account. Please note: cash deposits incur a fee that will be your responsibility. We do not accept credit/debit cards for full payment or any cash payments on-site.
We only accept payment via EFT (Electronic Funds Transfer). Detailed payment instructions are provided after you win an auction.
We provide detailed listings with photos and descriptions. Each auction will have specific dates for viewing before bidding begins. For certain items, you may arrange an inspection. Contact us for more information.
All sales are final and not contingent on the availability of funds or financing. If you fail to pay for a purchased vehicle, you will forfeit your deposit and be blacklisted from future TTG Auctions. You will not be able to bid or purchase at any of our future auctions.
Invoices cannot be amended. Please ensure your buyer’s card is filled out accurately during registration. Under no circumstances may any invoice be amended.
All assets are sold “as is” and free of any duty to repair. Please inspect items carefully before bidding as there are no guarantees or warranties on purchased items.
All sales are final. We encourage you to review listings carefully and contact us with any questions before bidding. All items are sold as is as ‘voetstoots’. All bids are final, if you win a bid you will be held liable to pay for the item.
Selling On An Auction
Please fill in our Seller application and send through all supporting documentation and email it to info@ttgauctions.co.za
One of our sales staff will be in contact with you for further arrangements.
We do not have any seller’s commissions. Seller’s will only be responsible for the transportation of the items to our auction yard. If your item does not sell on our auction you will be liable for removing the item from our auction yard. If an item did not sell on an auction a storage fee of R250 per day will be charged to the sellers after a grace period of 7 days. Please see seller’s agreement for more details.
The amount payable from a winning bid will exclude the VAT amount.
