Collecting Cars

FAQs

Common FAQs

6% including VAT (£600 minimum and £6,000 maximum)

It costs nothing to register with Collecting Cars.

Selling

Sellers list with us for free and receive 100% of the selling price.

Our passion and experience encompass cars and automobilia of all types and eras, from vintage icons through to popular modern classics. Click Sell with us to tell us more

If you have an interesting car with realistic price expectations, then we are likely to want to help!

Not every offering will be consigned, but every offering will be given equal consideration.

Vehicles and registration plates/automobilia are submitted for consideration by their owners and are subsequently reviewed and curated by an in-house team, with input from independent specialists.

When you submit a consignment for consideration, we will ask for key details about the auction lot. When we make a decision to consign an auction lot, our copywriters will contact you to gather further information.

We aim to ensure our listings are the most accurate of any online auction platform. For this reason, tell us as much as possible about the auction lot — even the less desirable parts of its history or appearance.

While Collecting Cars does perform some verification processes, including HPI and MOT checks, Collecting Cars shall not be liable to the seller or the buyer for any error or misstatement in or omission from the description of any Auction Lot.

Sellers can request that the lot is auctioned with a reserve. The value of any reserve is agreed in consultation with the Collecting Cars team to ensure that it is realistic. Please note that Collecting Cars, at our own discretion, has the right to make up the difference between the highest bid and the reserve if the highest bid does not meet the reserve.

Once an auction lot is open for bidding, any registered user can ask a question about it in the comments below each listing. Sellers should respond as soon as possible.

Our moderators will allow people to add constructive opinions about an auction lot, but if you believe any comment is inaccurate, please contact us.

Many of our buyers will be willing to purchase an auction lot unseen, but others may request an inspection. We therefore ask that sellers make auction lots available for viewings whenever possible.

Buyers and sellers shall not engage in any activity designed to complete or facilitate a transaction for the sale or purchase of an auction outside of the site. If any sale of an auction is concluded outside of the site, you will be obliged to pay the fees to Collecting Cars that would have been paid by the buyer had the auction been sold via the site. This is calculated on the last reserve you agreed with Collecting Cars or if none a minimum charge of £600 inclusive of VAT.

Every listing is presented to the seller for approval before it goes live. It is the seller’s responsibility to ensure that the listing is an accurate description of the auction lot. The proposed start date for the auction will be discussed at this point.

No, you can not, bid on your own auction, nor can you have a friend bid on your auction on your behalf. If it is found that you or someone you know is bidding on your behalf on the auction lot, you will be pursued for committing an act of fraud or other criminal offences, as is covered in clause 4.5.2 of the Terms and Conditions.

Once you have submitted your auction lot to Collecting Cars and the auction has gone live in our ‘Coming Soon’ section, you cannot withdraw your car. If you do withdraw your car, you will be obliged to pay the fees to Collecting Cars in accordance with clause 11 in the Terms and Conditions that would have been paid by the Buyer, calculated on the last reserve you agreed with Collecting Cars, or if none, a minimum charge of £600 inclusive of VAT.

When an auction lot sells successfully on the platform, a 6% premium (£600 minimum and £6,000 maximum) is automatically deducted from the winning bidder’s credit card. This is a fee for using the platform and not a down payment on the auction lot. The seller and buyer are then digitally ‘introduced’ to complete the transaction.

Once the highest bid has been accepted on an auction, the auction listing will be moved to our ‘Sold’ section, where the highest bid, end date of the auction, all photos and the description will be displayed.

The bids and comments made on the auction while it was live will be removed. If an auction did not meet reserve, the listing will be removed from the website but can still be accessed through old links and Google searches. We do not remove an auction listing, but if we were to, it would be done at Collecting Cars’ own discretion.

If the auction lot fails to meet its reserve price, then the seller will be notified of the highest bid submitted during the auction. The seller will then have 24 hours from the end of the auction to either accept or reject this bid. This 24-hour period can be extended by agreement between us and the buyer.

If there is no agreement to extend and the buyer is not notified of the acceptance of their final bid within 24 hours from the end of the auction, it will be deemed to be rejected. If the bid is accepted by the seller, we will put the buyer in touch with the seller for the sale of the auction lot.

If the highest bid after the auction is rejected by the seller, then we will offer the seller the option of listing the auction lot in our ‘Buy Now’ section. This allows the possibility of a post-auction deal.

Please note that Collecting Cars, at our own discretion, has the right to make up the difference between the highest bid and the reserve if the highest bid does not meet the reserve.

If the auction lot does not sell when the auction period is finished, the auction lot will continue being listed on the site for a minimum of seven (7) calendar days (or more if agreed by the seller) in our Buy Now section. In this section, the car can be purchased for the price listed (buyer’s premium included) via the ‘Buy Now’ button or you can make a ‘Final Offer’ to the seller, who can choose to accept or counter until a price is agreed.

If you have a consignment to discuss, but you are not ready to sign up with an account, please contact us now.

Buying

The entirety of the winning bid will be paid to the seller of the auction lot. When you are the highest bidder in a Collecting Cars online auction, and the auction lot has met or exceeded the reserve, we charge you a 6% premium including VAT (minimum of £600, with a cap at £6,000). There are no additional administrative fees on top of this from Collecting Cars.

If you have a question about the auction lot, post it in the form of a comment on the listing. The seller can then reply. This avoids duplicated questions from other bidders.

Buyers can always request a viewing to see an auction lot in person. We ask that sellers make auction lots available at convenient times.

Buyers and sellers shall not engage in any activity designed to complete or facilitate a transaction for the sale or purchase of an auction outside of the site.

Unless being sold at ‘No Reserve’, all auction lots have a reserve.

Our platform prevents sniping by automatically adding more time. Any bid received within the last two minutes will automatically trigger an extra two minutes to be added. After this point, only once there are no further bids within a two-minute window will the auction end.

Once a bid has been placed, you cannot withdraw it. If you as the successful Buyer fail to complete the purchase of an auction for any reason other than the default of the Seller, you will be obliged to pay the 6% premium including VAT (minimum of £600, with a cap at £6,000) of your high bid.

When an auction lot sells successfully on the platform, a 6% premium including VAT (£600 minimum and £6,000 maximum) is automatically deducted from the highest bidder’s credit card. This is a fee for using the platform and not a down payment on the auction lot. You are then digitally ‘introduced’ to the seller to complete the transaction.

There are NO refunds on the buyer’s premium.

If the auction lot fails to meet its reserve price, we offer sellers the option of listing the car in our ‘Buy Now’ section. This allows the possibility of a post-auction deal.

Collecting Cars hosts auction listings, but the seller is responsible for confirming the accuracy of the listing. As a bidder, it is your responsibility to satisfy yourself of the details and condition of the auction lot before placing a bid.

All sales by traders made to consumers, whether sold by an individual or a business, do fall under the Consumer Rights Act 2015. The Act provides that wherever goods are purchased by a consumer, they must meet certain minimum standards.

If purchased from a trader, the sale item must be of “satisfactory quality”, be “as described” and be “fit for purpose”. Therefore, items sold by traders must not be inherently faulty at the time of sale, allowing for the fact that they are second-hand, must match the description and, allowing for factors like price, must be fit for their purpose.

For more information on your consumer rights please see the Citizens Advice website.

The buyer’s premium is a fee for using the platform. Collecting Cars is not responsible for the transport or storage of any auction lots, and any cost associated with this is the responsibility of the buyer.

The opening bid on each auction lot can be anything from £1/€1/$1/CHF1.

After the opening bid, the increments will be as below and will work in this way when opting for absentee bidding.

£100 increments up to £10,000

£250 increments from £10,000 to £50,000

£500 increments from £50,000 upwards

For UK residents, you can find more information on the documentation you will need to import your car at www.gov.uk/importing-vehicles-into-the-uk.

For buyers outside the UK, please check your country’s import laws for the appropriate documentation needed to import your car.

For UK residents, you can find more information on the VAT, duties and taxes associated with purchasing a vehicle at www.gov.uk/importing-vehicles-into-the-uk/paying-vat-and-duty.

For buyers outside the UK, please check your country’s laws on VAT, duties and taxes for imported cars.

Once the highest bid has been accepted on an auction, the auction listing will be moved to our ‘Sold’ section, where the highest bid, end date of the auction, all photos and the description will be displayed.

The bids and comments made on the auction while it was live will be removed. If an auction did not meet reserve, the listing will be removed from the website but can still be accessed through old links and Google searches. We do not remove an auction listing, but if we were to, it would be done at Collecting Cars’ own discretion.

Useful Tips

Don’t be afraid to participate in the auctions, as we welcome bids of any level. Because owners can lower their reserve at any moment, you never know when you may get a great deal. We do not state when reserves have been met, so please be sure you can afford to buy the car before making a legal bid.

Photography is key to achieving the best price possible when selling a car, so if you feel you don’t have the capacity to do this, please contact us to request a professional photographer at very competitive rates (£100 to £200).

Be sure to clean your car thoroughly to ensure it’s as well-presented as possible.

If you can use your smartphone to record a detailed and landscape-oriented walkaround video, this is a very useful addition to the listing. If it is safe to do so, then a video of the car driving is also highly recommended.

Support

If you need assistance and cannot find the answer on the website or in this FAQs section, please contact us.

We are here to make the online auction process as transparent as possible, and provide you with all information necessary to buy or sell your next collectable car. If you feel you need a deeper explanation, please contact us.

If you have a complaint that you would like to raise with us, please contact us at your earliest convenience so we can assist.