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Aug 24th, 2023
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Joined: May 2013
Posts: 288
Learner Plates Off!
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OP
Learner Plates Off!
Joined: May 2013
Posts: 288 |
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Joined: Jun 2014
Posts: 11,610 Likes: 43
Wave & smile... It's a Morgan Member of the Inner Circle
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Wave & smile... It's a Morgan Member of the Inner Circle
Joined: Jun 2014
Posts: 11,610 Likes: 43 |
2008 XXVII Platform, Bugatti Blue Roadster 4 Seater
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Joined: Oct 2012
Posts: 6,538
Talk Morgan Sage
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Talk Morgan Sage
Joined: Oct 2012
Posts: 6,538 |
She looks very tidy and well cared for.
Be a good buy for someone.
Neil
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Joined: Sep 2010
Posts: 1,470 Likes: 7
Has a lot to Say!
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Has a lot to Say!
Joined: Sep 2010
Posts: 1,470 Likes: 7 |
Just have to watch the buyers premium and internet charges.
Add 21 % to final price. Is that also vat payable on the charges?
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Joined: Jan 2012
Posts: 14,976 Likes: 1
Member of the Inner Circle
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Member of the Inner Circle
Joined: Jan 2012
Posts: 14,976 Likes: 1 |
Interesting to know the engine condition/photos of the engine bay etc.
Richard
1976 4/4 4 Seater
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Joined: Aug 2013
Posts: 5,210
Charter Member
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Charter Member
Joined: Aug 2013
Posts: 5,210 |
Just have to watch the buyers premium and internet charges.
Add 21 % to final price. Is that also vat payable on the charges?
It's a hefty chunk of fees. At that rate you would hope it does. VAT is payable on buyers fees but it would appear some auction houses include it within the fee they quote whilst others add it on afterwards.
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Joined: Jun 2011
Posts: 1,418
Has a lot to Say!
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Has a lot to Say!
Joined: Jun 2011
Posts: 1,418 |
Ad. clearly states Buyer's Premium at 10 (ten) % plus VAT. However, does that mean 20% of the 10% (ie 12 % in total) or 10 % plus 20% VAT (ie 30%) which makes a HUGE difference?
Still too much for an auction vehicle IMHO.
Cheers
Jeremy
2009 4/4 Sport Green
And nothing else !
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Joined: Sep 2010
Posts: 1,470 Likes: 7
Has a lot to Say!
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Has a lot to Say!
Joined: Sep 2010
Posts: 1,470 Likes: 7 |
Sorry but ad definately states buyer oremium of 19 % plus internet charge of 3%.
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Joined: May 2013
Posts: 288
Learner Plates Off!
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OP
Learner Plates Off!
Joined: May 2013
Posts: 288 |
Normally at Antiques auctions the VAT is only on the premium ie: If the sale price is £20,000 the premium is 10% = £2,000 the vat would be £400 total price = £22400
You would be wise to check this with the Auction house to confirm. There would be a further 3% + vat on the hammer price charge on top if bidding via the net.
Jim.
Last edited by jcmog; 24/01/16 10:05 AM.
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Joined: Apr 2014
Posts: 6,827 Likes: 59
Talk Morgan Sage
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Talk Morgan Sage
Joined: Apr 2014
Posts: 6,827 Likes: 59 |
Sorry but ad definately states buyer oremium of 19 % plus internet charge of 3%.
10% For this Lot only.
Best Regards
Lang may yer lum reek
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