Bidders are advised to carefully read through the Conditions of Business prior to participating in the auction. We invite you to contact us should you have any questions or view our FAQ page for further details.
Please note the individual name or company you use to register under will be present on the invoice if you are successful, and we can only receive payment from the individual name or company as named on the invoice. Please be aware that invoicing details cannot be altered once the lot is won.
Following a successful purchase at auction, bidders are advised that payment is due in full on or before 17:00 Monday, 13 July. Payment is to be completed via wire transfer. The successful bidder will receive a copy of their invoice and instructions to remit payment via email.
Buyer’s Premium
In addition to the final bid amount, a buyer’s premium is due on each lot purchased:
Cars:
10% (+ VAT) on the total hammer price
Children’s Car:
20% (+ VAT) on the total hammer price
Please note the VAT applicable on the buyer’s premium is non-reclaimable.
Taxes/Import Duties
Buyers are responsible for any applicable duty and/or local taxes on any lots purchased. International bidders are advised to inform themselves of potential import duties that would be due upon the arrival of the lot at its final destination. You are advised to speak with your local representatives in advance of the sale to understand what these costs may be.
All lots are being stored in secure storage with CARS Worldwide in Dubai. Daily storage fees will commence from Thursday, 16 July at a rate of $50 + VAT per lot.
Buyers are required to make immediate arrangements for the collection and transport of purchased lots. It is the buyer’s responsibility to make their own arrangements, but RMS is pleased to offer our clients the services of CARS Worldwide:
Ahmad Al Nashash
ahmad.alnashash@carsworldwide.com
+971 54 9949365
Harry Fell
harry.fell@carsworldwide.com
+971 55 2810575
Lockton is RM Sotheby's appointed insurance partner, offering bespoke coverage tailored to you. Buyers are requested to contact Lockton to arrange appropriate insurance.
Please note insurance is the sole responsibility of the buyer from the drop of the hammer.
Please contact our dedicated support team at Lockton via email at rmsothebys@lockton.com or discover more click here.
