Frequently Asked Questions

How can we help you?

We know that attending an auction for the first time is not always easy. Because we want to provide the best Auction experience possible we have collected some of the most asked questions and put them together.

There is no right question or answer to solve your problem? Let us know how we can help by using our CONTACT FORM

Can I participate in an Auction as a Private person?

Maynards only sells to business customers therefore, as a private person you will not be allowed or given permission to participate in any sale.

How do I create an Account?

  • Click the button “LOG IN / REGISTER” at the top right corner of the website
  • Fill in all mandatory details as shown: Full Name, Contact Information, [E-mail and Phone Nr.], Billing, Invoicing Address, Company Data and VAT ID)
  • Subscribe to our Newsletter if you want to to stay up to date for any upcoming Sales (not mandatory)
  • Read the Terms and Conditions and Privacy Policy carefully and tick the Box
  • Click the button "Create Account"

You will then receive a link via email to verify your account, please follow the process and once complete you are then able to register for any of our sales.

How do I register for a Sale?

After you have created an Account, you are able to register for any Sale. You can do that by either going to the Auction Calendar and click on "REGISTER FOR THIS SALE" in the bottom right corner of every auction, or if you are already viewing an Auction page, by clicking "REGISTER FOR THIS SALE" in the top right corner.

Read the sale specific Terms and Conditions, accept them by ticking the box and then clicking on "REGISTER"

I didn't receive a Link for verification via E-Mail, what can I do?

If you havent received your E-Mail verification Link, please first check your Junk E-Mail and your Spam. If there is still no verification E-Mail, please contact us via the CONTACT FORM

What are the options to buy from Maynards?

Maynards conducts Online Auction Sales, Private Treaty Sales and Tender Sales.

Online Auction Sale - a Sale conducted as Live Online Auction where Registrants can bid in real time on certain assets

Private Treaty Sale - a Sale, where certain Assets for sale will be sold on private negotiated basis with each customer

Tender Sale - a Sale, where all interested parties will be asked to provide their best offers for certain assets until a defined date and time

What is the "Buyer's Premium"?

The "Buyer's Premium" is a charge in addition to the hammer price (i.e. the winning bid announced) of an auction item. The winning bidder is required to pay both, the hammer price and the the "Buyer's Premium". For Example, when the Winning Bid is 1.000€, and the percentage of the "Buyer's Premium" is 16%, 160€ will be charged.

Please note that the percentage for the Buyer's Premium may vary with each sale.

What is the "Export Deposit"?

The "Export Deposit" is a preliminary charge for all international purchases (purchases from outside the country where asset is sold from) that serves as a deposit for the local VAT (Value Added Tax) and therefore as a guarantee, that the winning lots will be successfully exported by the Buyer. As soon as we receive proof in the form of a certificate of entry, corresponding accompanying export documents and confirmation of the forwarder, then the "Export Deposit" will be refunded to the customer. The "Export Deposit" will only be charged on the Asset net value. For example, when the Winning Bid is 1.000€, the "Export Deposit" charged is 200€.

How do I place a bid?

You can place a bid by pressing the blue button associated with every lot visible with the text "BID" and beside it, the amount, pressing it automatically places a bid of the amount shown.

How do I place an Autobid?

To the left of the bid button, you can place an Autobid by clicking "Place Autobid" and then enter the maximum amount you wish to bid for a specific lot. The system will save your autobid amount and will automatically bid for you by the bid increment steps when you have been outbid until the amount you set is maxed out.

Even after confirming the Autobid amount you can always alter it by entering the revised amount and hitting "enter".

By what time must the auctioned items be paid for at the latest?

The deadline for payment in full is 5 days after the receipt of the invoice.

Please also read our terms and conditions

How can I pick up my auctioned items?

The collection process differs depending on the sale. Usually there are two options:

Option 1.

The auctioned items are dismantled and loaded by a company commissioned by Maynards on an appropriate vehicle provided by the customer. In this case there is usually a fee for each lot, which will be charged in addition to the hammer price, the Buyer's premium and the VAT. This amount is included in the item description. In special cases, the price for dismantling and loading is included in the hammer price.

The respective conditions and circumstances are communicated accordingly with each sale.

Option 2.

The auctioned items must be removed and collected by the buyer´s own staff or by a technically competent service provider commissioned by the buyer. In all cases any staff carrying out work on site must have the required work permits. Maynards reserves the right to check the personnel provided by the customer or the personnel of the contracted service provider in advance and to monitor them during the work. If the work does not meet the communicated conditions, it must be discontinued.

The respective conditions and circumstances are communicated separately for each sale.

Please also read our terms and conditions

By when do my auctioned items have to be picked up?

The deadline for the collection of the items purchased in auctions or through other sales differs for each and is communicated separately (i.e. at times found on the invoice or collection note. In the event that a service provider commissioned by Maynards carries out the dismantling and dispensing of the items, the dates and deadlines will be communicated and set by them in consultation with Maynards.

Please also read our terms and conditions