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 Truck/Trailer Auctions
 Van/Car Auctions
 Plant/Machinery Auctions
 London Collective Auctions

Buying

Registration
In order for you to buy at our auction, you must be registered. For first time buyers, you will be asked to complete a bidder’s registration form which only takes a few minutes to fill in, you will then be given a bidder’s number and catalogue which is unique to that sale.

Deposit - Truck & Trailer, Van & Car Auctions
A cash/or*credit card deposit of £1000 or 10% (whichever is greater) per vehicle and some form of photographic identification will be required on the fall of the hammer or the taking of a provisional bid from buyers unknown to the auctioneer. (*All credit card transactions will have a further 3% plus VAT charge to the total figure) 

Export Buyers
Registration at our accounts office with £2,000 deposit and passport id is required before the start of each auction.

Plant Auctions
Registration with £1000 deposit and some form of photographic identification is required before the start of each auction.

Please note that the deposit is fully refundable if you do not purchase anything. 

Settlement
The settlement value = ( Sale price plus *buyers premium plus VAT less any deposit taken ) and is payable by either:

  • Cash
  • Debit card
  • Credit card (subject to a 3% handling charge)
  • Bank Transfer (Please call for our bank details)
  • Cheques - CVA no longer accept payment by cheque 

Selling

Entry Form
A signed entry form needs to be completed for every vehicle entered into the auction.

Reserve Price
The seller sets the reserve price. When a vehicle is entered into the auction we can provide a free valuation and recommend an appropriate reserve price if required.

Entry Fee
An entry fee of £35 is payable. If your vehicle does not sell it will be automatically entered into the next auction. If your vehicle subsequently sells, the entry fee and commission are deducted from the sale proceeds. If your vehicle does not sell entry fees are payable before the vehicle can be removed from site. The entry fee also

covers an HPI check on each vehicle entered.

Commission Rates
Commission is only payable if the vehicle sells. It is based on a percentage of the sale price and is deducted from the sale proceeds.

Contact us on 01302 732600 for current commission rates.

*Anti-Money Laundering Legislation introduced by HM Revenue & Customs is in effect. To comply with the rules we only accept up to £9,000 in cash from any buyer on any one day/transaction. 

All lots must be paid for & collected within 5 working days (*Please contact us on 01302 732600 for our current buyers premium rates.)

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