RM | ONLINE ONLY

London

RM SOTHEBY’S TAKES LONDON AUCTION ONLINE FOR 2020
26 - 31 October 2020

Schedule (GMT)
  • 2:00 PM

    BIDDING OPENS

  • 1:00 PM

    LOTS BEGIN TO CLOSE

Bidding opens at 10:00 a.m. EDT on 26 October.

Lots begin to close at 9:00 a.m. EDT on 31 October.

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LONDON

31 OCTOBER

BIDDING OPENS AT 2:00 P.M. GMT ON 26 OCTOBER

RM Sotheby’s 14th annual London sale has transitioned to an Online Only auction in lieu of the recent cancellation of the 2020 London to Brighton Veteran Car Run.

Now opening at 2:00 p.m. GMT on 26 October, bidding will take place until 31 October with lots closing in a staggered format beginning at 1:00 p.m. GMT.

Each car offered in the London auction will be presented with comprehensive photography and in most cases will be accompanied by a condition reports completed by RM Sotheby’s Car Specialists as well as catalogue descriptions. Where available, additional information on each lot, such as history files, production certificates, restoration documentation, service invoices, owner’s manuals, and accompanying parts can be viewed online.

 

RM Sotheby's London 2020, CARS, Preview

BOOK AN IN-PERSON OR VIRTUAL PREVIEW

 

In-Person or Virtual Preview for London will be held from 29-30 October from 9 a.m.- 6 p.m. GMT at CARS Chobham, Surrey location.

All viewing to be made by appointment only and can be arranged with Britta Buchmann.

 

 


IMPORTANT BIDDER INFORMATION

 

Bidder Registration Requirements

  • One of the following: Driver's License, Passport Identification, or ID Card
  • Proof of funds (International Proof of Funds or Bank Statement)
  • Credit Card (used for a pre-auction authorization)
  • If registering as a Company, Proof of Company (Incorporation documents, VAT/Tax Number)
  • If registering as a North American dealer, copy of Dealer and Resale Tax Certificate

 

Additional fees to be considered

Buyer’s Premium

The Buyer’s Premium for all motor car lots in this auction is 10% + VAT of the hammer price, and the Buyer’s Premium for all non-motor car lots is 20% + VAT 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.

Please kindly refer to the detailed notes in the Conditions of Business for all 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.

 

Payment Options

Payment is due in full on or before 17:00 of the next business day following the auction, and payment is to be made to RM Sotheby’s (‘RMS’). All payments must be in the form of bank transfer unless other arrangements have been approved in advance. In the case of purchases under £5,000 payment will automatically be charged to the credit card details provided at registration. International Bidders are advised that bank transfers may take multiple days for funds to transfer, and as such, we ask for banking institutions to confirm the transfer directly with our Administration department once initiated.

 

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:

Menaklars
Contact - Diana Varga
+39 3497559207
diana.varga@menaklars.com

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

If the car is to go into storage, daily storage fees will be charged beginning November 9 at a rate of £25 + VAT per car per day and £15 + VAT per item of memorabilia per day. Please note that it is the Buyers responsibility to insure their purchased lot(s) whilst in storage.

 

Titles/Registration Documents

You will not receive the title for your car at the time of the sale. Once full payment has been received, you can expect your title to be couriered to you within 20 business days post-sale, at which time you can register the car at its final destination.

 

Client Service/Admin team contact

Client Service: Britta Buchmann
bbuchmann@rmsothebys.com
+44 (0) 20 7851 7070

Administration: Bess Walker
bwalker@rmsothebys.com
+44 (0) 20 7851 7070

 

 


§ Please note that lots displaying this symbol are offered by a “Business” as defined in Clause 29 of the Bidders’ Conditions of Business


London

United Kingdom