For sale
TER sells items of stolen and recovered equipment on behalf of owners.
From time to time TER sell recovered equipment on behalf of owners, primarily insurers. All equipment is sold via a closed offer process and is usually sold to the highest bidder. We do not disclose sale prices.
Overview of process
When recovered items become available for sale pictures and general machine information will be added to the website. We will provide a general condition report although this is for guidance only. All items are 'sold as seen' with no warranty given or implied so we always recommend that you view an item prior to submitting any offer. We usually give seven days to enable you to view the items.
Once you have decided what the item(s) is worth, you can submitt your bid. Please be aware that this is a legal agreement, and once a bid has been submitted you are liable for the offer that you have made. VAT will be added to all sale prices unless you are outside the UK and can provide a valid VAT number. Once the offer period has expired you will be notified if you were successful or not.
If you are successful you will be sent an invoice and have seven days to arrange a BACS transfer, storage will be charged beyond this time. Once payment has been cleared you will be sent a collection document with the storer details for you to contact to arrange collection.
Terms and conditions
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Equipment shown here may have been the subject of an insurance claim and identification numbers currently on the machine may be incorrect.
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Equipment shown here is sold 'as seen' with no warranty given or implied as to condition or road worthiness and any hours/mileage shown may be incorrect.
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Offers should be in £Sterling and exclude VAT. VAT will be charged on all sale items. The successful Offerer will be responsible for any import taxes or duties payable, or CE registration due as the result of the sale.
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Within seven days of notification that an Offer has been accepted, the successful Offerer will pay by bankers draft or cheque (both will take six working days to clear) or BACS as directed and remove the machine from site at his own cost. Storage charges will be incurred beyond this date. No equipment will be released to the successful Offerer until payment has cleared.
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The successful Offerer hereby undertakes to remove all false numbers and to re-stamp the machine if necessary with the correct serial and engine numbers prior to use or resale of the machine.
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TER are not obliged to accept the highest offer or indeed any offer. Nor are TER liable for any expenses incurred in the preparation of offers.
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Additional terms and conditions are applicable.