RETURNS AND REFUNDS POLICY – THE BIKE SHED TIMES
Merchandise (including calendars and apparel) sold through The Bike Shed Times Store may be returned for a full refund (minus postage) if the items are not functional due to being faulty or damaged. Please take care when choosing your items as returns are not provided if the item doesn’t fit, you don’t like the colour, or you’ve changed your mind. Contact must be made within seven (7) days of receipt. Please direct any inquiries by email to email@example.com
The Bike Shed Times, through its Bikes For Sale page and online auctions, provides a service to connect motorcycle buyers and sellers. The Bike Shed Times does not offer or imply any guarantee or warranty of any kind over motorcycles sold through its services, including any machine’s condition, originality, or authenticity. Buyers and sellers should undertake their own due diligence and ensure they are satisfied with the machine and sale conditions prior to finalising any sale. Please direct any inquiries by email to firstname.lastname@example.org
ONLINE AUCTIONS – TERMS AND CONDITIONS
Requirement to buy and sell
Providing bidding reaches the seller’s reserve price, sellers must sell and bidders must buy the listed item at the end of the auction. The buyer agrees to pay 5% of the final bid price to The Bike Shed Times and the remaining 95% to the seller. There is no cooling down period and no warranty, unless expressly stated otherwise in the listed item’s description.
What happens when the auction ends?
If bidding reaches or exceeds the reserve price by the close of bidding, the highest bidder will be obliged to purchase the bike at that price and the seller will be obliged to sell. (Learn more here.)
The Bike Shed Times will alert the winning bidder that they have won the auction and send them an invoice for 5% of the final bid. When the winning bidder pays that invoice, The Bike Shed Times will advise the buyer and seller that all is clear to finalise payment of the outstanding 95% and to arrange collection/delivery and transfer of ownership.
Please note that The Bike Shed Times retains the 5% payment as its commission. The Bike Shed Times is not involved in arranging or finalising payment of the balance, nor in collection or delivery of the bike.
If bidding does not reach the reserve price, sellers will be invited to list the bike for sale on the website as a regular Bike For Sale advertisement, free of charge.
Cancellation or sale outside the auction process
Sellers are able to cancel the auction at any time, including during the bidding period. However, if the bike is sold to one of the registered auction bidders before, during or within 30 days after the auction ending, The Bike Shed Times’ sales commission remains payable by the seller at a rate of 5% of the actual selling price or 5% of the reserve price, whichever is the higher.
Note: If the seller cancels the auction, he or she does not qualify for a free post-auction advertisement.