Buyers Fees An indemnity fee is charged on the purchase price of each vehicle. This covers the purchaser for a period of three months against the vehicle being an undeclared total loss, (i.e. written-off by an insurance company due to accident damage), subject to an outstanding hire purchase agreement or stolen. Details of costs (are plus VAT @ 17.5%) are indicated below:
| Value of Vehicle (£) | Indemnity Fee (£) |
Up to £100
£101 to £250
£251 to £750
£751 to £1,500
£1,501 to £3,000
£3,001 to £5,000
Each £'000 thereafter
|
£25
£35
£45
£55
£75
£95
£15
|
Sellers Fees An Entry Fee and Selling Commission are payable as detailed below. If the vehicle remains unsold, only the entry fee is payable.
ENTRY: First entry £15, Second entry £10, Third Entry is FREE. Vehicles offered without a full V5 (log book) will be charged an extra £10 admin fee
SELLING: Commission 7% (+VAT) of Sale Price. PLEASE NOTE: There is a Minimum Selling Fee £42 (+ VAT) which covers you for a sale value of up to £600.
VCAR - Vehicles on the VCAR ( Vehicle Condition Alert Register ) with HPi will not be accepted for entry without a full V5 (log book)
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