RM | ONLINE ONLY

Open Roads, August

BIDDERS FROM OVER 30 COUNTRIES CREATE OVER $1.7M IN SALES
28 July - 4 August 2021

ONLINE ONLY: OPEN ROADS, AUGUST

BIDDERS FROM OVER 30 COUNTRIES CREATE OVER $1.7M IN SALES

Online Only: Open Roads, August auction concluded with an amazing 90% sell-through rate. There were over 240 bidders from no less than 30 countries that participated in the auction, with an astounding 34% percent of bidders representing first-time RM clientele. The online auction saw over $1.7M in total sales with more than 2,300 bids placed including several extensions on RM Sotheby's Online Only auction platform.


IMPORTANT BIDDER INFORMATION

Additional Fees to Be Considered

Buyer’s Premium

The Buyer’s Premium for all motor car lots in this auction is 10% (plus VAT on the Buyers’ Premium as applicable) of the hammer price, and the Buyer’s Premium for all non-motor car lots is 20% (plus VAT on the Buyers’ Premium as applicable) of the hammer price.

Taxes/Import Duties

Bidders are responsible for any applicable duty and/or local taxes on any motor car(s) or any other lot(s) purchased. International bidders are advised to inform themselves of potential import duties that would be due upon arrival of the lot(s) to its final destination. You are advised to speak with your local representatives in advance of the sale to understand what these costs would be. The location in which the lot is sold is clearly indicated on the lot page found on rmsothebys.com.

Please pay careful attention to any Lots that are:

  • VAT Applicable
  • VAT Implication
  • Temporary Import

Lots Under Temporary Import

Those cars subject to temporary importation restrictions cannot be discharged from RMS’ custody without the completion of customs procedures and until full payment has been received. Customs charges will be levied appropriately depending on each individual scenario and will be payable directly to the relevant authorities, which RMS will provide the details of as and when necessary. Please note there is a compulsory administrative fee to process removing the car from bond.

Lot Removal/Shipping

RMS strongly advises Buyers to make immediate arrangements for the collection and transport of purchased lots. It is the Buyer’s responsibility to make their own arrangements, but RMS is pleased to offer our clients the services of the following preferred companies:

Reliable
Contact - Bob Sellers
413-537-3354
bsellers@reliable-carriers.com

Las Vegas Crating & Logistics
Contact - Chris Long
702-748-4973
contact@lasvegascrating.com
4610 Polaris Ave.
Las Vegas Nevada 89103
https://www.lasvegascrating.com/

Menaklars
Contact - Martin Kahms or Philip Scholz 
+49 (0) 7121 43358 33
Martin Kahms martin.kahms@menaklars.com or Philip Scholz philip.scholz@menaklars.com

CARS
Contact - James Walker
+44 7908 645 852
james@carseurope.net

If the car is to go into storage, storage fees will be assessed on a case-by-case basis. Please note that it is the Buyer’s responsibility to insure their purchased lot(s) whilst in storage, as insurance is the Buyer’s responsibility once the lot is sold.

Client Service and Administration Contacts

Client Service: Juliette Courbin
jcourbin@rmsothebys.com
+44 (0) 20 7851 7070

Administration: Allie Brydges
abrydges@rmsothebys.com
+1 519 437 3049


Blog posts