Phone: (0703)163 262 Email: info@garam.co.ke

CONDITIONS OF SALE

Terms and Conditions for Participating in the Auction

  1. Viewing will be from 01.05.2025 to 14.05.2025 (during normal working hours) at their respective locations as listed above. All interested bidders are requested to view and verify the details by themselves, as the auctioneer or “AGRA” does not warrant these, as the units are being offered for sale “AS THEY ARE”.
  2. All intending bidders are requested to create an account through eauctions.garam.co.ke and make a refundable deposit of Kshs 50,000 to Garam Investments auctioneers through their paybill Account no. 769941, Account name “AGRA”. Thereafter, obtain an activated account for bidding purposes. No bidding will occur without registration.
  3. Each Kshs 50,000 bidding deposit allows purchase of one (1) vehicle only. To buy more, pay more deposits accordingly.
  4. Unsuccessful bidders will be refunded their deposits within 48 hours after the auction.
  5. Successful bidders must pay 25% of the bid amount (including the deposit) upon bid confirmation. The remaining 75% is due to MOGO within seven (7) days. Failure to comply will result in forfeiture of all deposits.
  6. Successful bidders must pay all transfer fees related to logbook registration.
  7. MOGO requires seven (7) working days to complete the logbook transfer process.
  8. MOGO will cover storage charges for only seven (7) days post-auction. Additional storage costs are the buyer’s responsibility.
  9. Sale is subject to reasonable reserve prices. Full payment must be made before the release of any vehicle.