Classic Car Auctions Buying Guide
The golden rule for anyone hoping to buy at auction is to thoroughly inspect the lot you are interested in before bidding, as no warranty or guarantee is given with anything that is sold. For this reason the auction centre is open for viewing prior to each Auction (please check times).
All bids are final and non-revocable.
You can bid at auction either in person by attending the sale, by telephone, by leaving a commission bid or live, online. To meet current legislative requirements, you will need to provide proof of identification in the form of a passport or drivers licence and a recent utility bill as proof of address. Credit or debit card details will also be required.
When submitting forms by post or fax, please ensure they reach us no later than 4pm (GMT) the day before the auction is due to take place.
If you are planning to attend the sale in person, please complete the relevant Bidder Registration Form. Before the sale you will be assigned a paddle number that you will be able to use on the day. Note that entry to a sale is on presentation of the relevant sale catalogue.
Should you be unable to attend the auction on sale day, telephone bidding will still allow you to bid live. On the day of the sale, a member of Classic Car Auctions will contact you, usually a few lots prior to your selected lots and will guide you through the process. To register a telephone bid, please complete the relevant Absentee Bidder Registration form. It is important that you provide us with alternative contact numbers to ensure that we are able to contact you on the day. If, for any reason, we are unable to contact you any of the telephone numbers you submitted, you may wish to enter a "covering" commission bid, this however is entirely optional.
If you think you might not be contactable on the day of the sale, you may leave with us a commission bid. To submit a commission bid, please complete our Absentee Bidder Registration form indicating, for each lot you wish to bid on, the maximum amount you are willing to bid up to (excluding buyer's premium and VAT). We will execute your bid as low as possible on your behalf.
Live Online Bidding
Our live online bidding gives you the opportunity to take part in the auction just as if you are in the room. You can watch and listen to the action for free and if you do decide to buy you pay just an additional 1% + VAT commission. Please make sure that you allow plenty of time for the auctioneer to register your bid, don't wait until the very last second because you might miss out.
In the case of commission, telephone, live and on-line internet bidding, the following increments apply:
|from £100 to £500||=||£25 increments|
|from £500 to £1,000||=||£50 increments|
|from £1,000 to £5,000||=||£250 increments|
|from £5,000 to £10,000||=||£500 increments|
|from £10,000 to £20,000||=||£1,000 increments|
|from £20,000 to £50,000||=||£2,000 increments|
|above £50,000||=||£5,000 increments|
Catalogues can be purchased on the day of the auction at price of £10. This catalogue will be exactly the same as the one viewed online prior to the auction. Each catalogue allows two people entry on auction day.
How fast will the auctioneer go?
The auctioneer will aim to sell approximately 25 – 30 vehicles per hour.
All lots are sold on an 'as seen' basis. You may wish to bring a competent mechanic with you to inspect any Motor Vehicles on your behalf. The catalogue will describe the lots to the best of our ability on information supplied. You should, however, satisfy yourself as to the condition, age, and integrity of any lot prior to bidding as no warranties whatsoever are given in relation to any lot.
Once the auctioneer drops the hammer a contract is made and you are obligated to proceed with the purchase. It is therefore vital that you are satisfied with the condition of the lot you intend to bid upon before doing so.
Like the vast majority of auctioneers, Classic Car Auctions Limited charge what is known as a buyer's premium. Our standard buyer's premium charges are 10% of hammer price for motor vehicles (cars and motorcycles) and 20% for watches. Buyer's premium is subject to VAT at the prevailing rate on the day of the auction.
Any lot you purchase can only be released when full settlement (inclusive of all charges) of any invoices issued to you is received. Before bidding, you should ensure that you have the necessary funds available and are able to pay according to one of the methods set out in the Terms and Conditions.
Payment can only be accepted in GBP. For security reasons, payments by debit or credit card (Visa/Mastercard) will only be accepted where the cardholder is present. All credit and debit cards are subject to a surcharge.
Cash is accepted up to the value of £5000. Where the Buyer wishes to pay by cheque and CCA has agreed that the Buyer may do so, the Lot will not be released until the cheque has been cleared. In this instance, the buyer will be responsible for all removal and storage fees incurred.
Payments by bank transfer can only be accepted in Pounds Sterling. We are unable to accept funds from countries on the Financial Action Task Force High Risk and Non Cooperative Jurisdiction Lists.
VAT at the prevailing rate will be added to the Buyer's premium which will be invoiced on a VAT inclusive basis. If you have any questions with regard to payment, please contact our client services department.
All purchases are at Buyers risk from the fall of the hammer. You should therefore arrange insurance and removal of the lot as follows:
Motor Vehicles must be collected from the sale venue by the end of the day of the auction or on the Monday after the auction before 1pm. Otherwise lots shall be removed to storage at the Buyer's expense in accordance with our Terms and Conditions. Motor vehicle removal can be arranged by our partners EM Rogers. Please ask for a quote. Buyers should satisfy themselves that they have collected all relevant log books, documents and keys relating to their lot(s) at time of collection.
Terms and Conditions
This guide should be read in conjunction with our full Terms and Conditions of Sale.
CCA'S GUIDE TO A STRESS-FREE PURCHASE
- Take your time to view all the vehicles for auction, which are on display during the viewing period and on auction days before the auction starts..
- We recommend early registration at our reception desk
- We also welcome you to review the documents of the vehicles you are interested in they are located in the auction hall.
- If you are successful at the auction, you will be able to make a payment for the full amount through our easy payment scheme on your debit or credit card.
- Transportation intentions are requested when you register yourself as a bidder to ensure a stress-free process post purchase. Once funds are cleared we will be able to instruct our logistics team to begin transport proceedings.
- In the instance that funds are not available immediately, we have partnered with EM Rogers who will arrange the transportation of your car for just £150+VAT with storage charged at £10+VAT/day.
- Any questions or queries you may have on the day, please do not hesitate to speak to a member of our team and we will do our upmost to assist you.