How to buy a classic car at auction - with Quentin Wilson (CCA) - carphile.co.uk скачать в хорошем качестве

How to buy a classic car at auction - with Quentin Wilson (CCA) - carphile.co.uk

How to buy a classic car at auction. In this video specialist auction house - Classic Car Auctions (CCA) and classic car expert Quentin Wilson give their Top Tips on buying a Classic car at auction in the UK (rules and regulations may vary in other countries). Subscribe for more great classic car videos: bit.ly/1dHTCbt The classic car market has grown exceptionally in recent years, with collectors enjoying some impressive returns on their investments and some incredible price rises on some of the rarest cars. Getting involved and purchasing your own classic car can increasingly seem complicated and expensive. With so many ways to buy a car, and knowing which to buy, it’s no surprise that many new to the market can find it a bit daunting. Classic car auctions in particular can appear to be a bit of minefield. Buying and selling commissions, consignment fees, VAT and the frenzy of bidding can often leave even the most discerning classic car collector baffled. However in comparison to other car purchasing methods, buying at auction can and should be a much more convenient and hassle free experience. When purchasing from a reputable auction house, buyers can rest easy in the knowledge that they are in safe hands, with a wealth of cars to choose from that will have been inspected by expert teams to ensure they are as described. The same cannot be said for online purchasing, considering the risk that cars do not fit their description, have not been checked by experts to ensure it is safe, and can often waste valuable time spent driving to and from sellers’ homes. Aware of some of the confusions buyers can face, ‘everyman’ classic car auction house CCA, which specialise in classic cars from £5,000 to £25,000, have compiled a list of steps every classic car fan can take to ensure buying at auction is enjoyable and simple; just as it should be. 1. Research the auction house. Do they sell the kind of classic cars that you would be interested in? The best way to do this would be to visit their website and attend a sale to familiarise yourself with the process. 2. Remember to take along photo ID and proof of address – it will be impossible to purchase a car without it. 3. Viewing is essential. Make sure you arrive early so you can inspect the lots on offer, work out your favourites, and check vehicle details, which you will find displayed on the cars’ windscreens or discuss with a member of the team. If you’re not mechanically minded then feel free to bring along a professional to inspect the car. 4. Buyer’s premium and VAT will need to be paid on top of the hammer price. Always check with the auction house beforehand for details of their fees and charges. Our buyers and sellers fee is a highly competitive six per cent and you only pay VAT on the buyer’s premium. 5. Listen to the auctioneer. They will provide valuable details about each car’s specification, including service history, road tax and verification of mileage. 6. If the hammer falls on your bid then congratulations, you are the winning bidder! You’ll then need to see the auction clerk to discuss methods of payment. Find out about classic car auctions and exciting classic cars coming up for sale at auction at http://carphile.co.uk Video (c) CCA Classic Car Auctions - used with kind permission for editorial purposes. This video is intended only as a guide, we would always recommend specialist advice and guidance before making any classic car purchase and do not accept any responsibility or liability as a result of any purchase made after watching the video or following the advice. Prices intended only as a guide and correct as of published date (May 2015)