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The woman's second-hand Bentley mostly pressed "0" to close the deal for 14.36 million, and sued the auction house to the court after destroying the auction.

2024-09-08 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)09/12 Report--

Recently, an online auction car in Guangxi sparked a heated discussion among netizens that a car that was supposed to be available for 1.436 million yuan was sold at a sky-high price of 14.36 million yuan because of an extra "0". Plus commission, bidders will have to pay more than 15 million yuan. In the end, the bidder destroyed the auction and faced the dilemma of being withheld a deposit of 300000 yuan. What on earth is going on?

According to media reports, the above-mentioned online auction took place at JD.com 's auction, which was commissioned by Nanning Customs to auction Guangxi official auction House Co., Ltd., with a starting price of 860000 for a second-hand Bentley Mushan.

Bidding for the car began at 8am on Aug. 5 and ended at 21:00 that day, with 159 bids recorded. Among them, the 139th bid was 1.443 million yuan, but by the 140th bid reached 14.3 million yuan, followed by a total of 20 bidders, the final bid was 14.36 million yuan, the bidder was a Ms. Li from Guangdong.

Guangxi Public property auction House Co., Ltd. said the car was auctioned twice, with a starting price of about 1.51 million yuan. According to reports, it has been made clear in the "bidding instructions" of the vehicle that the starting price and transaction price at auction do not include the auction commission, and the buyer needs to pay the auction commission at 5% of the transaction price in addition to the transaction price. According to this calculation, the bidder will have to pay a commission of 718000 yuan, and a total of 15.078 million yuan with the car.

In addition, according to the "notification letter" sent to Ms. Li by Guangxi official auction House Co., Ltd., if Ms. Li fails to pay off the auction money and auction commission within the time limit, according to the provisions of the bidding Notes, the bidding deposit paid by Ms. Li will not be refunded. At the same time, according to the auction Law of the people's Republic of China, if the second-hand Bentley is auctioned again, if the auction price is lower than the original auction price, Ms. Li should make up the difference.

According to a person from Guangxi official auction house, Ms. Li finally ruined the sale with an "operational error" and the deposit of 300000 yuan paid by Ms. Li will not be refunded. In addition, according to media reports, Ms. Li sued the Guangxi official auction house to the court on the grounds of "major mistakes in the auction process."

Wei Aimin, director of Beijing Huxian Law firm, said that as a special law, the auction Law is superior to the common law, and it is not known whether the case can be won because the case is under trial and the details have not been specifically disclosed. However, whether Ms. Li can get the support of the court needs to be confirmed by combining the bidding rules of the auction brand and the common sense and fairness of the auction. At the same time, some people in the industry said that if there are major misunderstandings in the auction process, the court is likely to support the victory of the case.

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