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NAFA Announces May 2018 Selling Terms

May 1, 2018

In advance of the May 2018 auction, NAFA is pleased to offer very competitive selling terms and conditions to our buyers:

All invoiced goods fully paid by Prompt Day will be eligible to receive a sales rebate on the hammer price of ½ of 1%.

The following interest rates will be in effect for all May 2018 purchases:

  • With a minimum 35% deposit the interest rate will be 7% to August 31, 2018.
  • With a minimum 25% deposit the interest rate will be 9% to August 31, 2018.
  • With a deposit less than 25% the interest rate will be 13.5% to August 31, 2018, and NAFA reserves the right to resell any purchased goods at its discretion

All interest rates stated above will increase by 2% on August 31, 2018.

As has been our practice, NAFA continues to be happy to accept irrevocable letters of credit with competitive terms. Please contact our Buyer Services department (bservice@nafa.ca) for full information and instructions.

Printable PDF: May 2018 Selling Terms