In the past twelve months it has become evident that the market has softened.
The financial crisis of 2008 triggered a period of sustained growth whereby the prices paid for many collector cars reached levels which astonished even those who had been involved in the industry for decades.
Interest in classic car and motorcycle collecting as a hobby has never been higher and now it is also seen as one of the most accepted classes of alternative investment.
We would be happy to advise you on both of these aspects.
This is the reason for our very specific terms as to roadworthiness (Condition 19.1) and absence of warranties (Condition 12.1) which intending purchasers should read carefully.
Commission Telephone Bids We will make reasonable efforts to execute commission and telephone bids when instructed provided they are received by 5pm the day before the Sale.
1 000 - 2 000 100 2 000 - 5 000 200 300 500 5 000 - 10 000 10 000 - 20 000 1 000 20 000 - 50 000 2 000 3 000 50 000 - 100 000 5 000 Over 100 000 At the Auctioneers discretion Premium Purchasers are reminded that a Buyers Premium is payable on all lots and is subject to VAT at the prevailing rate.
Bidding Increments In the case of Commission Telephone and Live and On-line Internet bidding the following increments will apply.
All prospective bidders must complete the form giving full identification and appropriate references and produce identification which will take the form of a current UK driving licence or passport.
All Lots sold will be invoiced to the registered bidder.
The current readjustment is good news for the market s long term health and the best of the best examples are continuing to sell well at every price level.
Our eight car and motorcycle sales a year at the Imperial War Museum Duxford Donington Park and Chateau Impney provide something for everyone with modestly priced vehicles right up to those valued in millions.