chrisk
Hero member
- Location
- Brisbane, Australia
Sitting down having pizza in Sorrento Italy and this pulled in behind us. Lancia Delta .
Sounded great as he did a couple of laps of the main street.
Sitting down having pizza in Sorrento Italy and this pulled in behind us. Lancia Delta .
Sounded great as he did a couple of laps of the main street.
Absolutely agree.Andy: Lucky lad being allowed to visit the motor shrine plus plus plus. My overriding thoughts are under
no circumstances if the collection is to be auctioned is to get in bed with the high profile auction houses.
There is an impending Bonhams auction with a green(?) Ducati 750SS coming up for sale very soon. This
bike of course is hugely valuable and out of curiosity I checked out the seller's premium at the hammer...
28% !!! There are arguments both ways regarding auctions but I think with some good advice and guidance
the owners could orchestrate the sales privately. My belief is there is a lot of subtle (and not so subtle)
pressure from the auction staff to list both reserve and no reserve auctions so that the house makes it's money
irrespective of the clients pay out.
Don't forget the Sellers Fee also. Generally 10%Watching this sale and out of interest, 28% is for projects etc, So for buyers of motorbikes,
Motorcycles and Motorcars (Lot 1 – 180) The Buyer’s Premium will be 15%+VAT on the first £500,000 of the Hammer Price of each Lot, and 12%+VAT on the balance thereafter.
And for non bikes,
Motorcycle Projects, Memorabilia and Spares (Lot 201 - 321) The Buyer’s Premium will be 28%+VAT on the first £40,000 of the Hammer Price, then 27%+VAT up to £800,000, then 21%+VAT up to £4,500,000 and 14.5%+VAT on the balance thereafter.
Check t&c,
Stuart