📝 Description
A GPS receiver (ID: 88727), classified as "other property," is up for public auction. This positioning device is currently deemed unusable and is suitable only for spare parts. The starting bid for the public auction is set at 469 EUR (VAT included). The auction runs from 2026-05-20 09:00:00 until 2026-05-21 13:59:59. Bidders must register between 2026-05-11 00:00:00 and 2026-05-12 23:59:59. A mandatory bidder registration fee is 20 EUR. Since the starting price does not exceed 1000 EUR, a required security deposit is 40 EUR. This deposit must be transferred to Luminor Bank AB account LT524010042500000525; the payment purpose must state the specific auction ID 88727 for registration to be valid. The registration fee is non-refundable unless the auction is cancelled or the participant is not registered on the portal. If the auction is won but payment is not completed, the security deposit is forfeited. For the timely winner, the deposit counts toward the total purchase price; if the bid is lost, the deposit is returned within 5 business days of request. The equipment can be inspected at Savanorių pr. 176, Vilnius. Despite its current non-operational state, this item may be valuable for specialized restorers or for acquiring spare components, making it a viable object for parts investment.
❓ Frequently asked questions
What is the starting price and ID for the GPS receiver auction?
The starting selling price for the GPS receiver (ID: 88727), including VAT, is 469 EUR.
When does this property auction take place, and what is the registration deadline?
The auction starts on 2026-05-20 09:00:00 and ends on 2026-05-21 13:59:59. Registration is open from 2026-05-11 00:00:00 until 2026-05-12 23:59:59.
What are the additional fees for participating in the auction?
The bidder registration fee is 20 EUR, and the security deposit is 40 EUR, as the starting price does not exceed 1000 EUR.
Where must the payment for registration and the security deposit be sent?
Payment must be transferred to Luminor Bank AB account LT524010042500000525. It is mandatory to specify the auction number (88727) in the payment reference.
What is the technical condition of the GPS receiver being sold?
The GPS receiver is in an unusable technical condition and may only be suitable for parts.
Is inspection of the item possible, and where?
Item inspection is scheduled at Savanorių pr. 176, Vilnius.
When is the registration fee refunded?
The bidder registration fee is not applied to the purchase price and is only refunded if the auction does not take place or if the participant fails to register on the auction portal.