Sold as-is
Surplus lots are sold in their present condition with no warranty, and sales are final once a lot is released. This is standard across the surplus trade and it is precisely why we offer inspection before payment on every lot, publish our own photography rather than catalogue images, and welcome third-party inspection at your cost.
How negotiation works
Price moves on three things: how much of the lot you take, your deposit ratio, and how fast you can collect. Tell us your constraint and we will work within it. We do not run a fixed price list for components because a single published number would be wrong for almost every buyer and would damage the price structure for all of them.
Reservation
A lot can be held for you for a limited period once a deposit is agreed. Without a deposit we cannot hold stock against other buyers — in a trade where the whole point is speed, an indefinite free hold is unfair to everyone else looking at the same lot.
Payment and release
Telegraphic transfer. A deposit secures the lot and the balance settles before release. Goods are released one to three working days after funds clear. Mainland buyers can sign a Chinese-language contract and pay to a corporate account.
Inspection
Inspect before you pay — in person, through your agent, or through an inspection company such as SGS or BV at your cost. We coordinate warehouse access at no charge. Once you have inspected and paid, the condition you accepted is the condition you bought.
Splitting lots
Most lots can be divided into sub-lots agreed in advance, typically by line item or by pallet. We do not cherry-pick individual best pieces out of a lot, because doing so destroys the value of what is left for the next buyer.
Freight and duties
Goods are quoted EXW or FOB Hong Kong. Freight, insurance, import duties and destination charges are the buyer’s. We will introduce forwarders we work with, but that contract is between you and them.
This page summarises our commercial terms and is not a complete contract. Each transaction is governed by the written contract signed by both parties.