RM | ONLINE ONLY

SHIFT/Monterey

BIDDING OPENS 10 AUGUST 2020 AT 1:00 P.M. EDT
14 - 15 August 2020

THE LARGEST ONLINE AUCTION OF ITS KIND

POWERED BY THE GLOBAL LEADER IN COLLECTOR CAR AUCTIONS

RM Sotheby’s is thrilled to announce an online auction unlike any other, Online Only: SHIFT/Monterey, bringing its record-breaking, world-renowned Monterey sale to the auction house's proprietary Online Only platform.

Set for the original Monterey live auction week, Online Only: SHIFT/Monterey will present approximately 100 exceptional collector cars on rmsothebys.com—an offering of a caliber never before seen in an online sale. The online Monterey sale will build not only on RM Sotheby’s historic Monterey results, but also on the success of the company’s Online Only auctions over the last several months, including its recent shift of the Palm Beach auction to the virtual platform.

The new format is backed by the RM Sotheby’s experience, harnessing the expert team of car specialists, start-to-finish concierge level of service, transparent research, and global network reaching collectors in more than 75 countries for which RM Sotheby’s is known—all via a secure, proprietary online platform. Additional digital components and new media formats will be implemented leading up to the auction to enhance the bidder experience, while RM Sotheby’s will also further utilize its numerous, secure global locations to physically showcase consignments for limited preview ahead of the sale.

 

 


IMPORTANT BIDDER INFORMATION

 

Bidder Registration Requirements

  • 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

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

 

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. 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

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.

 

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 or its equivalent in local currency of the auction location ($65.00 (USD) in the State of California) will be assessed 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. If a Lot(s) is rendered “Title in Transit,” it is unlikely that the Buyers will receive the title in the mail within 20 business days following the auction; however, RM will work to provide the titles to the Buyer as soon as possible.

 

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. Follow the instructions to the right to consign your car today. The event will attract the top collectors and enthusiasts from around the globe into one room while your car is sold. 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.