Buyers Fees
All cars bought through auction are subject to the following fees:
- A 5% buyer’s fee plus VAT @ 21.5%; (VAT is charged only on the Buyer’s fee of 5%)
- An Indemnity fee of €180 for cars over €1,501 and €140 for cars under €1,500.
Payment Terms:
- A €500 deposit is required on the day for each vehicle purchased, and the full amount must be paid within 48hrs. Payment is accepted by banker’s draft, all major credit cards (2% credit card charge) or electronic transfer.
Please note that at the fall of the hammer title changes. Any vehicle cancelled will be subject to a cancellation fee of €500.
Click here for Buyer's Frequently Asked Questions.
|