Buyers' Premium and Charges
Buyers' Obligations
ALL BIDDERS MUST AGREE THAT THEY HAVE READ AND UNDERSTOOD BONHAMS' CONDITIONS OF SALE AND AGREE TO BE BOUND BY THEM, AND AGREE TO PAY THE BUYER'S PREMIUM AND ANY OTHER CHARGES MENTIONED IN THE NOTICE TO BIDDERS. THIS AFFECTS THE BIDDERS LEGAL RIGHTS.
If you have any complaints or questions about the Conditions of Sale, please contact your nearest customer services team.
Buyers' Premium and Charges
Under the Buyer's Agreement, a premium (the Buyer's
Premium) is payable to us by the Buyer in accordance with the terms of the Buyer's Agreement and at rates set out below, calculated by reference to the Hammer Price and payable in addition to it. Storage charges and Expenses
are also payable by the Buyer as set out in the Buyer's Agreement
All the sums payable to us by the Buyer are subject to VAT
For this Sale the following rates of Buyer's Premium will be payable by Buyers of Lots:
Motor Cars
15% on the first £50,000 of the Hammer Price
12% from £50,001 of the Hammer Price