RM | SOTHEBY'S

Arizona

NEW LOCATION—NOW INVITING CONSIGNMENTS
22 January 2021

ARIZONA - 22 JANUARY 2021

NEW LOCATION IN SCOTTSDALE, ARIZONA

 

IN COLLABORATION WITH OTTO CAR CLUB

RM Sotheby’s is thrilled to announce a new location for its 22nd annual Arizona sale, kicking off its 2021 auction calendar, at the OTTO Car Club on Friday, 22 January. MST. A long-established event, RM Sotheby’s 2021 Arizona sale is set to present approximately 80 blue-chip motor cars spanning the spectrum of the market, hand-picked by the company’s expert team of 25 Car Specialists.

The 49,000 square foot OTTO Car Club is a sleek and modern facility that will allow clients to preview auction cars by appointment only in a controlled and safe atmosphere. The auction will be a live event, with limited attendance for registered bidders only in accordance with City and State guidelines, while also allowing clients the opportunity to bid online, via telephone or absentee. Motor cars set for the sale will be on display at OTTO Car Club in the week leading up to the Arizona auction, with viewing available by appointment only. The auction will also stream live on rmsothebys.com.

 


PREVIEW BOOKING

Motorcars set for the Arizona sale will be on display at OTTO Car Club in the week leading up to the auction by appointment only. Should you be interested in scheduling a preview time please contact Azar Khosrowshahi to arrange in advance.

Azar Khosrowshahi
azar@rmsothebys.com
+1 310 559 4575

 


IMPORTANT BIDDER INFORMATION

 

Bidder Registration Requirements

NOTE: If you plan to register and attend the sale as an onsite bidder, we encourage you to register in advance of the sale to avoid queues onsite.

You may register to bid in the Arizona sale as an onsite, telephone, online, or absentee bidder. The registration process is simple and only takes a few minutes. To register, you can either create an account on the RM Sotheby's website and complete the registration process online, or you can contact Client Service for alternate registration options.

The following items will be required for you to submit your registration:

  • One of the following: Driver's License, Passport Identification, or ID Card
  • Proof of funds (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

For Motor Car Lots

  • In the event of a final Hammer Price of US$250,000.00 and below on all motor car lots, RMS will receive a Buyers’ Premium of 12%.
  • In the event of a final Hammer Price above US$250,000.00 on all motor car lots, RMS will receive a Buyers’ Premium of 12% on the first US$250,000.00 and will receive a Buyers’ Premium of 10% on the Hammer Price above US$250,000.00.

For Non-Motor Car Lots

  • Buyers of all non-motor car lots, including but not limited to memorabilia, motorcycles, boats, trailers, jewelry, and clothing, are required to pay RMS a Buyers’ Premium of 20% on the Hammer Price of those particular lots.

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.

 

Payment Options

Payment is due in full on or before 17:00 of the next business day following the auction (Monday, January 25), and payment is to be made to RM Auctions. Please note, payment must be made by certified funds – bank transfer, certified check, cash (over $10,000 USD will be reported on an 8300 form), or personal/company check if accompanied by a Bank Letter of Guarantee. Credit cards are accepted for memorabilia purchases ONLY, not to exceed $2,000 USD. A 4% service fee will be added to the final amount on payments made using a credit card. 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:

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

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

Cosdel
Contact - Sara Rider
925 451 1136
sara@cosdel.com

Please work with our administration team post sale to finalize collection details and arrangements by end of day Monday, January 25. Kindly note all lots must be removed from the auction premises no later than January 25. If the lot is not removed by this time, a removal fee of $600 per vehicle and a daily storage fee of $30 per vehicle per day. 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.

 

Titles/Registration Documents

You will not receive your title for your car at the time of the sale. We manage the title transfer process on your behalf to ensure the car is free of liens and encumbrances. A $75.00 (USD) administration fee will be charged per motor car(s) purchased by an individual Buyer, however this fee will not apply to nostalgia lot(s). 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 and Administration Contacts

Client Service: Azar Khosrowshahi
azar@rmsothebys.com
+1 310 559 4575

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


The auction is approaching fast, and consignment space is limited. As market leaders in the collector car industry, you can rest assured that RM Sotheby’s will exhaustively research, market, and present your vehicle to the people it needs to reach. We are here to help in every step of the process. Call or email us today!


OTTO Car Club & Storage

15550 North 78th Street
Scottsdale, Arizona
United States 85260