2008 BMW 523i E60 Automatic Sedan

• Body Type: Sedan
• No. of Seats: 5
• Build Date: 2008-01
• Compliance Date: 2008-03
• VIN: WBANU12020CW25136
• No. of Cylinders: 6
• Engine Capacity: 2.5
• Fuel Type: Petrol
• Transmission: Automatic
• Indicated Odometer Reading: 222542
• Odometer Measurement: kilometre
• Registration No: BFK47J
• Registration State: NSW
• Registration Expiry Date: Sold Unregistered, Without Plates
• Exterior Colour: Black
• Interior Colour: Black

General Condition for age and kilometres:

• Key: Yes
• Spare Key: Yes
• Owners Manual: Yes
• Service History: Yes
• Engine Turns Over: Yes

The below condition assessment is the opinion of our booking staff which may differ from your own opinion:

• Seats and Upholstery: Good
• Controls and Dash: Good
• Paint & Panel: Good

Features:

• Air Conditioning
• Bluetooth Capability
• CD Player
• Central Locking
• Climate Control
• Cruise Control
• Driver Airbag
• Electric Windows
• 1170
• Leather Trim
• MP3 Capability
• Park Distance Control Front
• Park Distance Control Rear
• Power Steering
• Sunroof
• Crash Test Star Rating 4
• Location: Rear of 5 Holbeche Road, Arndell Park, NSW, 2148
• Key No: 683

Motor Dealer Licence: MD13910

Sale is on As is Where is basis. No Statutory Warranty/Cooling off periods apply. Vehicle inspection is based on walk-around and start-up only and is the opinion of the Booking-In Officer. Sale description is a guide only as vehicle may have unsighted damage/issues. Full inspection is recommended.

(SN:WBANU12020CW25136) (283562-15)

GST Note: GST is included in the final bid price of this item. GST is included in the buyers premium.

Debit Card / Credit Card / PayPal surcharge fee may apply. See User Agreement

How can I reduce some of the risks of buying at auction?

Knowledge is the key. Do your homework on the value and model prior to bidding on what vehicle you want. Read the Lot description in full because every car is different and the description give you some insight into the specifications / details of the vehicle. Ask questions and Inspect the vehicle - our Auto team can be reached on 1300 064 978 or email . We are selling the vehicle with no warranty and no cooling off period and in an “As Is” “Where Is” condition. Please review the following questions to help you to unlock value from buying in an online auction.

Is Inspection of the vehicle necessary?

Yes!!! We highly recommend that you inspect the vehicle on the nominated day. Please refer to the inspection tab. Please bring a valid driver’s license in order to obtain keys. Please note that the vehicles can be started, but not driven. If you wish to arrange a 3rd party inspection with RAC, State Roads or a Mechanic, please call 1300 064 978 to speak to a member of the Auto Team.

Can I test drive the vehicle?

No. Unfortunately Health and Safety limitations mean that bidders are not able to test-drive vehicles and we are not covered by insurance.

Should I get more information about the car before I bid?

Yes!! We do our best to honestly report the condition of each vehicle; however the Vehicle Description is based on an external walk around and engine start-up. However, there may be other damage, mechanical issues or body blemishes that have not been sighted or contained in our assessment.We always recommend a full inspection, by yourself, a 3rd party (such as RAC or State Roads) or a qualified mechanic. And you can also contact one of our team members direct to ask further questions about the car before bidding. Please contact the Auto Team on 1300 064 978 or email

Have we checked if there is a WOVR Record or Finance owing on the vehicle?

Yes on both!! We are obliged to inform all bidders if a vehicle has been listed as a Statutory or Economic Repairable Write-Off. This information will be provided in the vehicle description. Any outstanding finance is cleared by Grays and the relevant financier, all vehicles will be sold unencumbered. Please feel free to conduct your own checks through PPSR or Car History Report Clicking Here

Please note:

The above will help you to reduce the risks from buying at auction but there is still a certain degree of risk when buying from auction when there is no warranty or cooling off period

For an obligation free appraisal and quote please contact our Auto team today on 1300 064 978 or click here to enquire Click Here to enquire.

Motor Vehicle Online Auction

Motor Dealer Licence: 13910 - Grays (NSW) Pty Ltd

This sale is pick up only from Rear of 5 Holbeche Road (entry via Prima Place) Arndell Park NSW 2148.

These assets are used therefore inspection is highly recommended prior to bidding, description & photos should be used as a guide only.

PLEASE NOTE: THIS IS AN AUCTION SALE. ALL ASSETS IN THIS SALE ARE SOLD “AS IS” WITHOUT WARRANTY AND COOLING OFF PERIOD

• By registering and bidding, you have agreed to Grays terms and conditions of sale. If necessary please familiarise yourself with them prior to bidding on any items in this auction.
• The terms and conditions of the online auctions may change from time to time. Please ensure you clearly read the special terms and conditions contained in this page and also in the bidders agreement. Continuing to use the online auction service following amendments to these terms & conditions will constitute your acceptance of the new terms & conditions applying to this service.

Terms & conditions can be found Clicking Here

Grays guarantees that all vehicles/boats/motorbikes (Vehicle(s)) in this sale are sold with clear title, however in this respect note that:

• Bidders may find when they do perform a PPSR check (highly recommended) in many cases the vehicles do have a security interest registered against them, which will be lifted as soon as the relevant vehicle is sold and monies are cleared in the secured party’s/security holder’s account; and
• Please allow up to 10 business days for the security interest to be removed.
• Grays staff are onsite for security purpose only, please make sure you have people to help you load your purchases and provide suitable transport.

GST

This Sale is GST Inclusive

A variable buyers premium applies to all lots in this auction. A 30% buyers premium applies when the bidding is less than $1,001 moving to 20% buyer’s premium up to $2,500, then moving to a 15% buyers premium. Once the bidding reaches $4,001 or more a 7% buyers premium applies. The buyers premium will be added to the final bid price.

ie Successful Bid Price is $10,000 + 7% Buyers Premium = Total of $10,700.00

Asset Condition

Please refer to the individual lot description for asset condition. All lots have pictures assigned to them. These should be taken as a guide only. Assets included in this sale may be used, therefore inspection is highly recommended prior to bidding. If classed as 'Used' the asset may have experienced moderate to heavy usage by consumers and have not been tested to ensure that they function according to the manufacturer's specifications. Some individual items may show signs of wear common with used items and in some instances accessories may vary from the standard (for example, software or manuals may be missing or different, no original packaging). (As per the bidders agreement that you have agreed to)Photos, descriptions and conditions reports (if any) should be used as a guide only. Bids on assets in this sale should be made based on your own inspection and assessment of the assets.

Payment

Invoice totals exceeding $10,000 must be paid by direct deposit within 2 days of auction closing. For invoices totalling in excess of $10,000 Grays reserves the right to charge a deposit against the purchaser’s credit card to a maximum of $10,000 or 20% of the invoice total. In bidding in this sale, the buyer agrees without reservation to Grays doing so. Contact1300 064 978 or email for an exact invoice total. Please note that cash, personal or company cheques will not be accepted. For invoices totaling less than $10,000, your credit card will be debited within 2 days of auction closing. To assist in the processing of payments please have funds available. Invoice totals exceeding $10,000 will not be split.

Any payment enquiries,please email

Online Auction Closing

Typically, auctions are over at their posted times. There are some exceptions to this, however, if there are any successful bids on a particular lot within 10 minutes of the close of the online auction (the “Going, Going, Gone! Period), it will be extended until there are no successful bids within the "Refresh Period".There is no limit to the number of times an online auction can be extended. This makes Grays work more like a live auction where the bidding doesn’t stop as long as there is still interest in the product, rather than assigning an arbitrary cut-off time. This means it is a good idea to watch the action as the auction nears closing time and to check back often.(Refer to Bidders Agreement for full details of “Going, Going, Gone” period)

Warranty

Please be advised in the state of New South Wales when purchasing a vehicle through auction you will not have statutory warranty, cooling-off period or Certificate of Roadworthiness. Manufacturers warranties will still apply to a vehicle as per their terms and conditions, you will have to go directly to the manufacturer with the claim not Grays. The balance of a new car warranty will also apply to vehicles sold at auction. No other warranties will be provided.

Registration

As registration and ownership requirements vary from state to state buyers should familiarise themselves with the registration requirements of the state in which the vehicle will be registered. As is standard auction practice the buyer is responsible for state transfer fees, duties etc. that may apply. Please note: If sold unregistered then the number plates will be removed. If sold with registration, the registration can only be transferred in the state where that registration is held, otherwise it will be sold unregistered and the number plates will be removed. Please check the lot description for each vehicle For NSW registration, once your invoice is paid, you’ll need to visit a motor registry with:

• A Safety Check certificate
• Your paid Grays Invoice (you will not need the old registration paperwork, these will not be given with the vehicle)
• Proof of identity. If you’re registering the vehicle in the name of a company or organisation you will need to also provide proof that it is a legal entity.
• A completed registration application form

• General registration charges.
• Stamp duty.
• Number plates.
• CTP insurance premium (green slip)
• Late transfer surcharge. A surcharge will be applied to customers who fail to transfer the registration within 14 days of the date of acquisition. Grays will not be liable for any fines in relation to registration matters and registration may be cancelled if not transferred within 14 days of the invoice date.

For further advice and information regarding Registration in NSW please refer to RMS website Clicking Here

A list of authorised vehicle inspection stations is available on the RMS website Clicking Here

Bids on assets in this sale should be made based on your inspection and assessment of the assets. While we have endeavoured to provide correct asset details, “Descriptions, photographs & data forms (if attached in lot) should be used as a guide only, assets are sold on an as is, where is basis. If you are unsure please do not bid, as no refunds will be given”.

As with standard auction practice, the vehicles may be inspected and started during inspection but not driven

• Vehicle inspection is available at the dates and times stated above or phone New South Wales Auto Team on

1300 064 978

• Photos for this vehicle are available within each lot page where available
• We recommend all potential bidders especially interstate bidders to organise a third party to inspect on their behalf if unable to attend inspection

The data form (if attached below the description in the lot) is a guide only. The vehicles are not driven or tested and the description is based on an engine start-up only. There may be other damages, mechanical issues or body blemishes that have not been sighted or contained in the description at time of arrival or booking in. Therefore a full inspection is highly recommended prior to bidding.

The removal of the goods is the buyer's responsibility.Pick up can only be made once cleared funds are received. Purchasers cannot pick up until full invoice is paid. Goods can only be released with the correct information being supplied which includes Sale number, Lot number/s and Buyers name. Assets can be collected on Monday to Friday, 8:30am to 4:00pm. To collect your purchases please attend the collection address during the times advised with a copy of your winner’s e-mail and photo ID. A copy of your invoice will be on site with Grays staff to assist in documenting the removal process.

Once assets are removed the transaction between Grays and the bidder is deemed complete. There will be no recourse beyond this time, even in the event of third party collections. If you are unsure please refrain from bidding.

Important Information: Please note it is the purchaser’s responsibility to ensure the safe removal of their lots. Provide suitably qualified personnel to remove their lots. Some lots may be electrically hard wired or services such as air, water, gas or oil may still be connected. Occupational Health and Safety regulations apply to this site. Any questions regarding the removal of any lots should be directed to the enquiries name or phone number indicated on sale web page.

Vehicles must be removed from site within 5 days of auction close. Should it not be possible to remove the vehicle from Grays site arrangements must be made with the Auto Team if the allocated time cannot be adhered to. The Auto Team can be contacted on 1300 064 978

For Interstate Buyers or 3rd Party collections you will have a one week grace period from the date of purchase stated on the invoice. This storage will be free of charge for you to arrange collection of the vehicle/item, after this date storage fees will be incurred at $50 per day or $250 per week. All storage fees must be made payable before the vehicle will be released.

• Any item that is remaining uncollected within a suitable time frame will be deemed abandoned.

Third Party Collection

If you intend to send a Third Party to collect your goods on your behalf, you need to send them with a copy of your Winner’s E-mail and Signed Note of Authority permitting GraysOnline staff to release your purchases to the third party.

Third Party Collection authorisation must be emailed to nswauto@grays.com.au

The information needed is:

• Sale and Lot Numbers e.g. 0002-7007727
• Buyer’s Registered Name and/or Email
• Transport details: Company Name, Contact Person and Job Number provided by the transport company
• Photocopy of Registered Buyers Drivers Licence.

Important Rules

• As this is an industrial site, site entry conditions must be adhered to as well as inspection terms and conditions.
• It is a condition of entry that all persons entering the site comply with any directions given by Grays staff, their representatives or the site controller.
• It is condition of entry that all persons conduct themselves in a manner which does not endanger the health and safety of other persons onsite and which does not create a risk to health and safety

Site Access

• Must walk in designated walkways until you enter car park where general car park rules apply
• No open toe shoes
• No animals allowed onsite
• All children under the age of 15 must be accompanied by an adult and supervised at all times
• No alcohol onsite
• Smoking in designated areas only
• Inspection terms and conditions
• A valid driver’s license is required in order to obtain keys
• Vehicles can be started, but not driven
• Anyone found driving vehicles will have the keys taken off them, have their licensed returned and asked to leave the premises
• No excessive revving of vehicles

Personal Protective Equipment (PPE)

• Grays will specify, according to the hazards and risks assessed as present on the site, any mandatory PPE required to be worn prior gaining approval to entry to the site. This equipment may include Safety Footwear, Safety Eyewear, Hearing Protection, and Head Protection, or any other item of PPE deemed necessary

Take the guess work out of buying a car and get a pre purchase inspection so you can buy with confidence.

Click here to book your inspection

For peace of mind get a car history report by Clicking Here

• Do you need assistance to move your car? 

Get this car delivered to your front door with Australia’s most trusted car transport company, CEVA Car Carrying. Click Here for a quote.

For an obligation free appraisal and quote please contact our Auto team today on 1300 064 978 or click here to enquire Click Here to enquire.