What happened to Grays Online?
Grays Online, Australia’s biggest online liquidator and onetime tech clearing house, is itself now on the block for a fire sale, after a $130 million impairment at beleaguered owner, motor finance play Eclipx Group triggered a senior management clean out.
Who bought GraysOnline?
Quadrant Growth Fund
The Quadrant Growth Fund (“Quadrant”) has entered into an agreement to acquire the GraysOnline (“Grays”) and AreYouSelling businesses from Eclipx Corporation Limited (“Eclipx”) for a price of $60 million.
Which of the following is a famous website for online auction?
The most popular online auction sites include eBay, eBid, Sotheby’s, Copart, Auction.com, and GSA Auctions.
How much does it cost to sell a car through Grays Online?
It’s 100% free to list on Grays. Make money selling on Grays by reaching over 3 million shoppers on the marketplace.
How do you bid on Greys online?
To place an Autobid, please ensure you are registered with Grays and have signed in before placing a bid.
- Select the Autobid function by clicking on the circle next to auto bid.
- Select the maximum bid price you are willing to pay for each item from the drop down menu.
- Click place bid.
How do I contact Grays Online?
Customer Service Standards Policy
- You can contact us on our Customer Service hotline on 1300 36 25 36 between 8am and 7pm Monday to Friday.
- Send us an email to [email protected].
- Send us a fax at 02 9737 0229 (Attention: Customer Service), or.
How does Grays auction work?
Grays Autobid system compares your bid to other bidders and increases your bid by increments up to your maximum bid amount if necessary to win the auction. If someone bids higher than your maximum amount, you will receive an email indicating that you have been outbid.
What happens if I dont pay Grays?
What happens if payment is not received? Our accounts team will contact you via email and request payment be made as soon as possible. If payment is not received, the sale may be cancelled, and you may be charged a cancellation fee representing 10% of the invoice amount being charged.
How does Gray bidding work?
The Grays Autobid system does the work for you by comparing your bid to other bidders and increasing your bid by increments up to your maximum bid amount to win the sale. If someone bids higher than your maximum amount, you will receive a “You have been outbid” email.
Can you cancel a bid on GraysOnline?
GraysOnline is committed to protecting the integrity of the sale process and as such we are unfortunately unable to withdraw a bid once it has been placed.
How does GraysOnline bidding work?
The GraysOnline Autobid system does the work for you by comparing your bid to other bidders and increasing your bid by increments up to your maximum bid amount to win the sale. If someone bids higher than your maximum amount, you will receive a “You have been outbid” email.
How risky is it to buy a house on auction?
When you buy a property at auction, there’s always the risk that there is something hidden in the legal pack that could cost you a lot of money to put right. Covenants or loopholes can make the purchase much more complex or even risk not completing, which can have massive financial implications for you.