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Buying a car at an ECA auction

General

Our auctions will be ‘closed’ to the public due to Covid-19 and the way it has changed all of our lives and the way business can be conducted dramatically. This means that our auctioneer will be streamed live online and you can listen via our website and bid in real time via three methods: on the telephone, via a commission bid (pre-bid) or online with our online service partners. All bids are final and non-revocable.

 

Viewing Lots

All of the lots that are in our sales can be viewed prior to an auction. This is by prior appointment only. If there is a lot you are interested in, then please contact us and we can then create an appointment for you.

 

Bidder Registration

To bid in an ECA auction you must first be registered, this requires proof of identity and proof of address. A refundable deposit of £500 is required. Should your bid not be successful your deposit will be refunded within 3 working days.

 

Commission Bidding & Bidding By Telephone

A commission bid is the maximum amount you are willing to bid up to (excluding the buyers premium and VAT). We will execute your bid as low as possible on your behalf.

Bidding by telephone will mean you can still bid live during the auction.

On the day of the auction, a member of ECA will contact you, usually a three or four  lots prior to your chosen lot and will talk you through the process.

To register for bidding by telephone, please complete the Bidder Registration form and select Telephone Bidding. It is important that you provide us with alternative contact numbers to ensure that we are able to contact you on the day of the auction. Given the fact that we only have so many lines available and the need for social distancing, phone bidding slots may be filled very early on and therefore we reserve the right to consult and confirm minimum bidding agreements with bidders in advance of the sale. You can also leave a commission bid in the event that we are unable to contact you by telephone.

 

Online Bidding

ECA have partnered with Proxibid and The Saleroom to provide a live streamed service for our auctions. You can register for online bidding via there websites.

Unlike some auction houses we will not charge a premium for bidders to use these online platforms.

 

Buyers fee’s

Our buyers fee is set at 10% of the final bid price plus VAT at the current rate. Subject to a minimum of £100 + VAT. 

As mentioned above, there is no additional fee for bidding via one of our online partners.

 

Payment

All payments are due by 5pm the next working day following the sale.

Payments must be made in GBP via bank transfer.

Bank transfers made over the weekend will not show in our bank account until the Monday morning.

Lots purchased can only be released upon receipt of funds. You should ensure that you have the necessary monies available and are able to pay before you bid.

Earlswood Classic Auctions Limited

Unit 7 Brook Farm

Valley Road, Earlswood

B94 6AB

Tel: 07939 802262

Email: ben@earlswoodclassicauctions.co.uk

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