JOIN BID PROCEDURE

Bidwin auction schedule announcement will be published in a local newspaper one week prior to the auction.

Prospective buyers can directly see and check the physical condition of the vehicle at open house . It's open for public.

Before the auction , the buyer must fill out the registration form along with the participant's identity ( identity card ) and NPWP (if any).

  • Prior to the auction, buyer is required to do the deposit of IDR 5 million for one time bidding and IDR 25 million for unlimited bidding.
  • Deposit is transferred to PT Adi Sarana Lelang bank account.
  • Vehicles being auctioned will be displayed one by one in sequence according to the list of auction lots.
  • Auctioneer will offer opening price (minimum) to bidders and will guide price increases.

 

  • The winner must complete all administrative requirements in accordance with the auction regulation (maximum 5 days after the auction is done).
  • Winner will be charged an administrative fee of Rp. 225.000, - per unit of two wheeled and Rp. 1.250.000 , - for each unit of four or more wheeled.
  • If the winner does not make payment within a specified time limit then the winner is considered resigned (defaults) and the deposit will be forfeited.
  • If at the time the auction ends, the buyer does not win the unit then deposit will be returned via transfer to the buyer's bank account that listed at registration, without charge.