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Buyer’s premium on motor vehicles and automobilia is 12% (including VAT at 20%).
Silverstone Auctions use the Auctioneers Margin Scheme (VAT Notice 718/2) meaning VAT cannot be split out on the invoice and cannot be claimed by UK VAT registered businesses or individuals.
Please note that online bidding incurs an additional surcharge of 1% plus VAT.
All payments are due by 5pm on Tuesday 26th May 2020 and should be made by bank transfer. Payments made prior to this date will not show in our bank account until the Tuesday morning due to the bank holiday.
Full payment must be received before any item is available to be released.
Vehicles can be collected from our central storage location between Wednesday 27th May and Friday 29th May. The health and safety of our team and customers remains our priority, we are operating to strict COVID-19 guidelines so you will need to book an appointment to arrange collection of your vehicle. Please contact the office on 01926 691141 and speak to a member of the admin team to arrange your slot.
Our transport partners, EM Rogers, can assist with collection and delivery. Please contact them on 01604 755511 for a quote.
Any motor vehicles not collected by 5pm on Friday 29th will be charged £30.plus VAT per week for storage.
Please remember, once the hammer falls, the risk of the lot passes to you. You may wish to speak to our insurance partner Peter James Insurance, who can get great value, comprehensive cover arranged for you instantly.