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The NEC Classic Motor Show Sale

216

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

irrevocable.

Bidder Registration

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 driving

licence and a recent utility bill as proof of address.

When submitting forms in absentia, please ensure

they reach us no later than 48 hours before the

auction is due to take place.

How fast will the auctioneer go?

The auctioneer will aim to sell approximately 90 lots

of automobilia, watches and lifestyle per hour and

20 vehicles per hour.

Bidding at the sale

If you are planning to attend the sale in person,

please complete the relevant Bidder Registration

Form. On production of this form you will be

assigned a paddle number. Please note that entry

to the auction only is on presentation of this sale

catalogue, which admits two.

Online bidding

Silverstone Auctions has partnered with proxibid.

com to allow you to bid live on sale day from

anywhere. Registration for internet bidding is done

directly on their website. We advise that you register

with them at least 48 hours before a sale to allow

sufficient time for your registration to be approved.

Using these providers carries an additional buyer’s

premium charge of 1% for cars and 3% for

automobilia/lifestyle and watches.

Telephone bidding**

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 Silverstone

Auctions will contact you, usually a few lots prior

to your selected lots and will guide you through

the process. It is important that you provide us

with alternative contact numbers to ensure that we

are able to contact you on the day. You may wish

to leave a commission bid to be used in the event

that we are unable to contact you. This, however, is

entirely optional.

Commission bidding**

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 Telephone/Commission Bidder Registration

form indicating, for each lot you wish to bid on,

the maximum amount you are willing to bid up to

(excluding commission and VAT). We will execute

your bid as low as possible on your behalf.

** There is no charge for the telephone and

commission bidding service.

Catalogues

Catalogues can be purchased online or by

contacting our catalogue subscription department

on +44 (0)1926 691 141. Please ensure that you

bring your catalogue to the sale as entry is by

catalogue only. Whilst your Silverstone Auctions

Catalogue admits two persons to the viewing

day(s) and the sale day please refer to any specific

Admission tickets that maybe required to enter

the Event. Further copies of the catalogue can be

purchased at the Auction.

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 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.

Charges

Like the vast majority of auctioneers, Silverstone

Auctions Limited charge what is known as a buyer’s

premium. Our standard buyer’s premium charges

are 12.5% of the hammer price on motor vehicles

(cars and motorcycles) and 20% of the hammer

price for watches, automobila and lifestyle items.

Buyer’s premium is subject to VAT at the prevailing

rate on the day of the auction.

Buying Guide