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Tips To Sellers
Please respond quickly to all enquiries, even if just to say that the item is sold.
Machines listed with a price and with a full specification attract more buyers.
Ensure that you describe the goods as accurately and fairly as you can in your entry.
If you are not sure of something for example the age of the machine or its
specification check with the manufacturer or his agent.
Give the buyer a comprehensive list of all the equipment and accessories you intend to supply,
and make it clear what you will to hold back.
The seller of used equipment normally only releases his machine after he has been paid in full
or has a guarantee of payment from buyers finance company (if they are based in the same country
as you). In any event ask your bank to check the guarantee.
Agree with the buyer in writing the terms on which you are selling the equipment and
who is responsible for dismantling, loading, packing, freight and insurance (both up to the time
of release of the press and subsequently).
Ensure that any money owing on the item to your finance company or bank is paid before the sale
is concluded,
and that the item is free from any charge, lien or encumbrance so that you can pass on
good title.
Agree when you will make the machine available, when any letter of credit should be opened
and what will happen if
either of these events is delayed will it void the contract, and if so what compensation is payable.
Tips To Buyers
Before agreeing to buy goods outside your country, check that your government or
customs authorities allow importation. Check also the rate of any customs duties or import
taxes and any currency control restrictions.
Ensure you know exactly what you are buying; check the age, serial number, impression count,
specification and any accessories. Do not rely on the information given in the listing, which may
be incomplete or inaccurate. Agree the terms on which you are buying the machine (e.g. "as is", overhauled,
rebuilt, good running order, ex site, Free on Board, C&F (freight paid), CIF (freight and insurance paid),
loaded onto truck or into container, with or without warranty). Are there any local taxes to pay, and if
so does the price include them; when is the machine available? Put all the terms and the price into a written
order and ask your seller to acknowledge his acceptance of them.
Ensure that the seller either owns the goods or has the authority to sell them. Ask if possible to see his
purchase invoice, and check that there is no outstanding finance commitment or legal charge over the goods
Agree what will happen if the release of the machine is delayed. At what point will you be able to cancel
the contract?
Where possible, inspect and test the goods yourself or have them inspected by a competent independent
engineer.
Satisfy yourself that the seller of the goods is trustworthy. If he is a dealer ask to speak to his customers
or ask for references.
Talk to your bank about the most secure way of paying for the goods. Payment by Letter of Credit is often
safest for both parties. Do not part with any money until you are satisfied that the seller is creditworthy.
Ensure that the machine is dismantled and loaded by competent engineers, electricians
and riggers and that
it is well packed or secured on truck or in container before transportation. Rust protection
is essential before
a sea voyage,and often insurance policies exclude rust damage. Request that containers be
shipped below deck.
If possible, insure the goods against all risks on one policy from the beginning of the
dismantling until
reinstallation is completed in your premises; this avoids disputes between insurance companies
over liability.
Any damage should be noted, photographed as soon as it is discovered and notified to the insurer's
local agent. Check that the electrical equipment is compatible with your local supply
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