Buyers' Premium and Charges
Like the vast majority of auctioneers, Bonhams MPH charge what is known as a Buyer's Premium. Buyer's Premium on all Motorcar lots will adhere to Bonhams MPH policy:
For Motor Cars and Motorcycles a 12.5% Buyer's Premium is payable. VAT at the standard rate is payable on the Premium by all Buyers, unless otherwise stated.
Some lots may be subject to VAT on the Hammer Price. These lots will be clearly marked with the relevant symbol printed beside the lot number in the catalogue.
Buyers' Premium and Charges
Like the vast majority of auctioneers Bonhams charge what is known as a Buyer's Premium. Buyer's Premium on all Automobilia lots will adhere to Bonhams group policy:
25% up to £50,000 of hammer price,
20% from £50,001 to £1,000,000 of hammer price,
and 12% on the balance thereafter. This applies to each lot purchased and is subject to VAT.
For Motor Cars and Motorcycles a 15% Buyer's Premium is payable on the first £50,000 of the final Hammer Price of each Lot, and 12% on any amount by which the Hammer Price exceeds £50,000. VAT at the standard rate is payable on the Premium by all Buyers, unless otherwise stated.
Some lots may be subject to VAT on the Hammer Price. These lots will be clearly marked with the relevant symbol printed beside the lot number in the catalogue.
Payment Notices
For payment information please refer to the sale catalogue.
Shipping Notices
For information and estimates on domestic and international shipping as well as export licences please contact Bonhams Shipping Department.
