BUYERS INFORMATION

Online Registration

In order to bid on auctions, purchase deals, strictly vintage and job lots, you must have a SINAITEX account. Registration is free. You must be at least 18 years old and have a valid credit card to activate an account. You will be required to choose a username (nickname/handle) with a password and will need to provide your contact/shipping information associated with your credit card.

SINAITEX does not sell/share your information with anyone (see terms and conditions).

Understanding the Online Bidding Process

All auctions begin at $1.00 with no reserves. Bids are accepted in $1.00 increments. SINAITEX uses the proxy(automatic) method of bidding, meaning that we will bid on your behalf up to the maximum amount you have indicated (if necessary). The definition of proxy bidding (used by eBay), is stated below.

"Proxy bidding is an implementation of an English second-price auction used on eBay, in which the winning bidder pays the price of the second-highest bid plus a defined increment."

Examples of our bidding process are explained below:

If an auction has no bids, and you enter a maximum bid of $25.00, your current bid is $1.00 and if nobody else bids, you will win the auction for $1.00. 
If another bidder bids $15.00, we will automatically increase your bid to $16.00. 
If another bidder bids $26.00(or higher), you have been outbid and will be notified via email.

You have the option to increase your proxy bid at any time before the auction for that item ends. SINAITEX will never exceed your maximum bid.

If a bid is placed on an item within 2 minutes of the auction closing time, that auction closing time will be extended by 2 minutes.

All items are sold to the highest bidder. In the event that 2 bidders bid the same amount, the first bidder to place their high bid will be the winner of the auction. SINAITEX will send the winning bidder an e-mail notifying them that they won the auction. That e-mail will contain all necessary payment and pickup/shipping information.

When we sell a "lot" of items, your bid price is for the whole amount for one price, not times the count. Example - if we are selling 6 of an item and you bid $10, you are bidding $10 for all 6, not $10 for each item ( totalling $60).

Please be advised that as new registrants to SINAITEX.com may be required to submit payment in an alternate form in accordance with our credit card security procedures. If they choose to pay their invoices online, newcomers may have their initial credit card payments refunded and they may be asked to send payment via Paypal or e-transfer for online payments. 

Privacy - is my information safe?

SINAITEX only uses your information for purposes related to ensuring you have a safe and secure online experience. You will only be contacted by SINAITEX.

 

SINAITEX Liquidation Traders does not share your personal information with third parties.

Have a Question Regarding an Item?

You can contact us directly from our website or email us at info@sinaitex.com. Emails are answered during regular business hours.

What are Deals, Strictly Vintage, Job lots? 

These listings are available at any time for immediate purchase. These items have the same warranties and payment/pickup polices as auction items.

Methods of Payment

You can pay for your items online with PayPal, Visa Debit, Visa , Mastercard and American Express or you can make payment at time of pickup at our liquidation outlet. We accept Interac, Visa, Mastercard and cash. Please note: All items purchased on or before Wednesday at 11:59 pm must be paid for and picked up by the upcoming Friday by 5pm. If any item is purchased after midnight on Wednesday, the payment and pickup deadlines are the following Friday by 5pm (8 days later).

What does USD mean?

“USD" stands for United States dollars. United States currency is the required form of payment. Canadian funds will need to be exchanged into United States dollars in order to complete a transaction. Paypal, our online method of payment, is able to do this for Canadian buyers.

If you require any additional information please contact us at info@sinaitex.com.