Birmingham Car Auctions Ltd - Sales Terms & Auction Rates

SALES TERMS AND AUCTION RATES

All vehicles are SOLD AS SEEN unless otherwise stated at the point of sale by the auctioneer.
Vehicles offered with a TRIAL give warranty to engine and gearbox only. All trials must be taken within one hour of the end of sale. This can be arranged by us. Just ask.
There is a Buyer's Premium fee payable on each vehicle bought. This gives you clean entitlement to the vehicle indemnifying you as a customer against any finance, which may be outstanding. It also indemnifies you if the vehicle has been stolen prior to you buying it.
A minimum part payment is required at the point of bidding - £200 for vehicles up to £1000, £300 for vehicles up to £2000 and £500 for vehicles over £2000. Payment may be cash or debit/credit card, with 3 proofs of address identification or a photo driving license. (As of March 31st 2007 if you do not have Photo and Address ID a surcharge of £10 will be added to your buyers premium)
Once a bid has been made, you have entered into a contract with Birmingham Car Auctions where your bid will stand and may not be withdrawn. Some vehicles are sold provisionally. This means that there is a reserve price on the vehicle that your bid has not met. A provisional bid stands until 12pm the following working day, which allows us time to contact the vendor to submit your bid. If your bid is unsuccessful, then your part payment is refunded. If successful, then the part payment is deducted from the price and the balance is payable by 5pm the same day.
Payment is accepted in the form of cash, credit / debit cards, banker's draft or a building society cheque. A personal cheque will be accepted for part payments if a valid cheque guarantee card is produced. A 2% charge is applied to payments by credit card. If you are paying by credit card or debit card, 3 forms of address identification must be shown or a photo driving license. (As of March 31st 2007 if you do not have Photo and Address ID a surcharge of £10 will be added to your buyers premium)
All vehicles sold under £1000 are automatically sold without warranty.
A full list of trading terms and conditions is available upon request.

Buying:		Selling:
BUYER PREMIUM (payable on every vehicle purchased)		COMMISSIONS (payable on every vehicle sold)
£0-£99	£29.79	ENTRY FEE £25 PER SALES ON ENTRY * COMMISSION 12% MINIMUM £30 * SERVICE CHARGE £11 * SUBJECT TO V.A.T. AT THE PREVAILING RATE The rates quoted above are for private individuals Please contact our team of staff for trade rates on: 0121 446 4000 or email us: info@birminghamcarauctions.co.uk
£100-£199	£34.04
£200-£299	£46.81
£300-£499	£51.06
£500-£999	£59.57
£1000-£1499	£68.09
£1500-£1999	£76.60
£2000-£4999	£85.11
£5000-£7999	£102.13
Each £1000 thereafter will increase by £4.00
ALL Subject to V.A.T