News

Buying a Classic Car At Auction

By October 22, 2015 No Comments

With our quarterly classic car auction just over a week away, if you’re thinking of bidding in the auction here is some information you may need to know.

 

VIEWING

Our viewing days for the classic car auction are Wednesday 28th October 9am-5pm and Thursday 29th October 9am-6pm or from 8.30am on the day of the auction. Registration will be available during the veiwing days.

 

ATTENDING THE AUCTION

We are open from 8.30am for viewing and registering. The auction will start at 11am sharp. In order to bid you must have a catalogue with a bidding number on it. In order to obtain your bidding number please go to our cash desk and register, this will cost £5 and should only take a couple of minutes. Parking is first come first serve and registration gets extremely busy so arriving as early as you can is advised. 

 

Seen a classic car that you’re interested in but cant make it to the auction?
There are 3 ways of bidding without attending: 

LIVEBID ONLINE BIDDING

ONLINE REGISTRATION CLOSES AT 9AM ON THE DAY OF THE AUCTION.
Our online auction system has been up and running for three years now and is a fantastic way to bid remotely. Not only can you view the cars live as they come through the hall, you can also hear our auctioneers as they take bidding. To register for online bidding, click here.

 

TELEPHONE BIDDING

ALL TELEPHONE BIDS MUST BE SUBMITTED BY 9AM ON THE DAY OF THE AUCTION.
Telephone bidding is a great way to bid by proxy during the auction. We will call you several lots before the one you want to bid on, then we will talk you through the auction, updating you on the current bid and bidding for you when you tell us to. Phone bidding costs £10.00 and requires a deposit of £500 for bids under £10,000, £1000  for bids over £10,000 or £5000 for bids over £50,000. This is fully refundable should your bid not be successful. To register for phone bidding you will need to fill out a “Classic Car Telephone and Commission Bidding Form”. Once you have completed the form you will need to post, fax or email it back to us then we will contact you regarding your deposit.

 

COMMISSION BIDDING

ALL COMMISSION BIDS MUST BE SUBMITTED BY 9AM ON THE DAY OF THE AUCTION.
If you cannot attend the auction and are unable to bid remotely, you can leave a commission bid on a lot before the start of the auction. Just tell us the lot you want to bid on and the maximum amount you would like to bid. We will then bid for you during the auction, up until either you win the lot or we reach your maximum bid. Commission bidding requires a deposit of £500 for bids under £10,000, £1000  for bids over £10,000 or £5000 for bids over £50,000. This is fully refundable should your bid not be successful. To register for phone bidding you will need to fill out a “Classic Car Telephone and Commission Bidding Form”. Once you have completed the form you will need to post, fax or email it back to us then we will contact you regarding your deposit.

 

Contact us: 01202 745466 or email classics@swva.co.uk