Buyers Charges

An indemnity fee is payable on each vehicle, below is a list of charges which are on a sliding scale and there are two options. Rate 1 - Bank Transfer. This is our preferred payment method, it is also the cheapest option for you as a buyer. Rate 2 - All other payment methods. This option is unfortunately more expensive, this is due to banking costs that have increased dramatically and is forcing us to increase our charges. All Subject to VAT.

 

Sale Price	Bank Transfer	Other Payment Method
Up to £499	£75	£80
£500 - £999	£95	£105
£1000 - £1499	£115	£135
£1500 - £1999	£135	£155
£2000 - £2999	£150	£180
£3000 - £3999	£165	£205
£4000 - £4999	£185	£235
£5000 - £5999	£200	£260
£6000 - £6999	£220	£290
£7000 - £7999	£240	Bank Transfer only
£8000 - £8999	£250	Bank Transfer only
£9000 - £9999	£260	Bank Transfer only
£10000 - £11999	£270	Bank Transfer only
£12000 - £13999	£280	Bank Transfer only
£14000 - £15999	£290	Bank Transfer only
£16000 - £17999	£300	Bank Transfer only
£18000 - £19999	£310	Bank Transfer only
£20000 - Upwards	£320	Bank Transfer only

**Subject to VAT

- An additional £50 per £10,000 will apply over and above these charges.

- Minimum Deposit £200 or 10% of sale total. whichever is greater.

- Online bidding there is a fee of £25 +VAT

Why Bank Transfer?

Due to the increasing banking fees for card and cash payments, we are forced to introduce an additional charge on these payment types. Fortunately Bank transfers avoid these charges so we have made this our preferred payment method in order to insure our customers the best deal.