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Buy

Our next auction is on 27th and 28th July at the Silverstone Classic event at Silverstone circuit, click the the image below to view the latest lots that will be on offer.

Buyers' 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 venues are open for viewing prior to each auction (please check times).

All bids are final and non-revocable.

Bidder registration

There is no cost for registering. You can register on-site for a bidding paddle. Bidding numbers are unique to each auction so you will need a new number each time you attend.

Should you be unable to attend the auction on the sale day, you can leave a commission bid or register for a telephone bid.

A commission bid is the maximum amount you are willing to bid up to (excluding the buyers premium and VAT). We will execute your bid as low as possible on your behalf.

Telephone bidding will still allow you to bid live. On the day of the sale a member of the Silverstone Auctions team will contact you, usually a few lots prior to your selected lot, and guide you through the process. You can leave a commission bid in the event that we are unable to contact you via telephone.

You can also bid online. Silverstone Auctions has partnered with Proxibid to allow you to bid live on the sale day from anywhere. We advise that you register with Proxibid at least 48 hours prior to the sale to allow sufficient time for your registration to be approved by them.

To meet current legislative requirements you will need to provide two forms of ID. One proof of identification in the form of a passport or drivers licence and a recent utility bill as proof of address.

Telephone bidding and commission bidding

To register a telephone bid against a lot on the website, select the lot and using the Lot Tools on the right hand side of the page, select the "Bid on this lot" link. You will be able to select whether to leave a telephone bid or a commission bid against that lot.

Alternatively, please download the form below, complete it and send it back to bid@silverstoneauctions.com

Adobe PDF Logo


Telephone / Commission Bidder Form 

 

Online bidding

Online bidding is through our dedicated partner Proxibid. You will need to register with Proxibid in order to follow the auction online and bid in real time. 

PLEASE NOTE - online bidding incurs an additional fee of 1% plus VAT for motor vehicles and 3% plus VAT for automobillia.

Provisional sales

Occasionally a car may be sold under a “provisional bid” if your final bid does not reach the reserve price. A provisional bid stands until 12pm the day following the auction. During this time we will contact the seller on your behalf to see if they will accept your bid or try to negotiate a sale on your behalf.

Catalogues

Entry to auctions is by catalogue only. If you have a catalogue please ensure that you bring it to the sale. Each catalogue admits two people on viewing and sale days. Further copies of the catalogue can be purchased at the Auction.

How fast will the auctioneer go?

The auctioneer will aim to sell approximately 90 lots of automobilia per hour and 25 – 30 vehicles per hour.

Warranties

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 formed 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.

Charges

Like all classic car auctioneers, Silverstone Auctions charge what is known as a buyer's premium. Our standard buyer's premium charges are 12.5% of the hammer price for motor vehicles and 20% for automobilia/lifestyle lots. Buyer's premium is subject to VAT at the prevailing rate on the day of the auction.

PLEASE NOTE - Online bidding incurs an additional fee of 1% plus VAT for motor vehicles and 3% plus VAT for automobillia/lifestyle lots.

Payment

All payments are due by 5pm the next working day following the sale.  

Payments must be made in GBP. Debit or credit cards (VISA/Mastercard) will only be accepted where the cardholder is present. Please note we only accept debit card payments up to a maximum of £20,000 and credit card payments up to a maximum of £5,000. Cash to a maximum of £5,000 can be accepted from any one individual in a 90 day period.

Bank transfers made over the weekend will not show in our bank account until the Monday morning.

Lots purchased can only be released upon receipt of funds. You should ensure that you have the necessary monies available and are able to pay before you bid.

We are unable to accept funds from countries on the Financial Action Task Force High Risk and Non-Cooperative Jurisdiction Lists.

VAT

We operate the Auctioneers Margin scheme. VAT charged on the buyer's premium cannot be shown separately on the invoice and cannot be reclaimed by the buyer.

Insurance

All purchases are at Buyers risk from the fall of the hammer.  You should therefore arrange insurance from this point.

Motor vehicle collection

Motor vehicles must be collected from the sale venue by the time specified in the Key Sale Information found in the auction catalogue. Any lots not collected by this time shall be removed to storage at the buyer's expense in accordance with our terms and conditions. A motor vehicle removal fee of between £175 and £195 plus VAT will be incurred.  Additional storage is charged at £10 per day plus VAT.  Buyers should satisfy themselves that they have all relevant spares, documents and keys relating to their lot(s) at time of collection. All documents and history files will be secured in the vehicle following the sale.

Written instruction from buyers must be provided if they wish their lot(s) to be collected by an agent.

Automobilia, watches & lifestyle items collection

Automobilia, watches & lifestyle lots that have not been collected by the time specified in the Key Sale Information found in the auction catalogue will be taken back to our offices. The lots can be collected or sent at the buyers cost in accordance with our terms and conditions.  

Registration documentation

All V5c’s are taken back to the office and the change of ownership registered with the DVLA on your behalf by our admin team.  

Please note that following a change to legislation in 2014, road tax no longer transfers to the new owner. You will need to tax the vehicle before driving it on the road.  

Terms and conditions

This guide should be read in conjunction with our full terms and conditions of sale.