When you wish to drop out a clear shake of the head will indicate that you have finished bidding. Bids will progress in steps dictated by the auctioneer, and often he will not take bids of less than this amount until he considers he has almost reached the final bid price. If you are successful in your bidding, you will normally need to make an immediate deposit. This is to prevent less scrupulous individuals bidding and then disappearing once they realise they have paid over the odds. Traditionally, auctioneers like to deal in cash, which is fine for small purchases but hardly practical when hundreds or thousands of pounds are involved.
Personal cheques are normally acceptable if supported by a cheque guarantee card.
For amounts above the card limit and for business cheques, prior arrangements should be made with the auctioneers. The length of time allowed to pay for and then clear the goods will be stipulated in the catalogue. It is worth bearing in mind that once the hammer has fallen the goods become the responsibility of the purchaser. At auctions where substantial quantities of heavy plant and equipment is for sale, representatives of machinery removal companies are normally present and will be happy to give you a quote for relocation and installation. The auctioneers should be able to advise you further on matters regarding insurance, transport, packing.