The vendor shall have the right himself or by his agent except where any vehicle is entered or deemed to have been entered without reserve. An entry form bearing the words NETT or CLEAR will be construed by the Auctioneers to indicate authority to sell the vehicle at the price stated on the form. If an entry for the classic auction is withdrawn before the auction is held, without the Auctioneers consent, the full commission and buyer's premium, and any other expenses, are payable on the reserve price by the vendorĤ) If a reserve price is not stated in the appropriate place on the entry form the vehicle will be sold without reserve. If any vehicle is entered for sale and is sold by the owner or their agent, to any person attending the sale, that sale shall be deemed to have been affected by the Auctioneers as agents for the owner and full commission will be payable. The commission will be payable by the vendor at the time of the sale. Once a vehicle arrives on the auction premises the Auctioneers have the sole right of sale whether by auction or private treaty.ģ) The Auctioneers shall be entitled to a commission of 7% for modern car entries and 6% for classic car entries of the price at which a vehicle is sold subject nevertheless to a minimum commission of £60 per car for modern entries (car or commercial) and £120 for classic entries. In certain circumstances such withdrawal may be allowed on payment, by the Vendor, of commission at the rate of 10%, this charge being based on the reserve price, in the case of a vehicle being without reserve, on an estimated value assessed by a representative of the Auctioneers. Once a vehicle is entered for sale, the Auctioneers may refuse to allow it to be withdrawn from the sale until it has been offered by public auction. The particulars given on the entry form and the description of the vehicle contained herein form the basis of the contract between the Vendors and the Sellers and the Auctioneers shall not be liable to account to the vendor for any loss which may arise through the use of such particulars or description in any sale.Ģa) When completing the entry form, the entrant should give a true and fair description of the vehicle, without making any contravention of the Trades Descriptions Act, 1968 and the Vendor undertakes to indemnify the Auctioneers against all costs, claims and demands resulting from any prosecution under the said Act.Ģb) The auctioneers reserve the right to refuse to accept the entry of any vehicle. The V5 (logbook) and MoT certificate (where applicable) must also be handed to the Auctioneers and payment for the vehicle will be withheld until these are produced. Vehicles entered without a full V5 (logbook) will be charged an extra £10 admin fee.ġb) Vehicles registered on the Vcar (Vehicle Condition Alert Register) with HPI will not be accepted without a full V5 (logbook)Ģ) No vehicle will be accepted for sale unless the appropriate entry form has been fully completed and entry fee paid. vat) of £20 shall be paid at the time of entry for modern cars/commercials and £90 for classics, by the vendor for each vehicle entered in the sale. Our standard terms and trading conditions are laid out below:ġ) These conditions shall apply to all vehicles entered for sale, to all vehicles sold by "The Auctioneers" and shall be binding upon every Vendor and Purchaser.ġa) An entry fee (incl.
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