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Thread: Really?

  1. #11
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    Forgive my ignorance but does “buyer's premium of 15% including VAT @ 20%“ mean that the premium VAT is included in the 15% and hence the final priced is only grossed up by 15%?

    That 550 in pozzi blue looks gorgeous. Does Anybody know this car? That range feels very cheap given mileage assuming history checks out.

  2. #12
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    achaddy is offline Only 37 known common faults - The Ferrari 355 Club Member
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    Quote Originally Posted by rivarama View Post
    Forgive my ignorance but does “buyer's premium of 15% including VAT @ 20%“ mean that the premium VAT is included in the 15% and hence the final priced is only grossed up by 15%?
    It does appear a little ambiguous.

  3. #13
    A348W's Avatar
    A348W is offline I don't use deodorant Club Member
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    I believe it is hammer price * 15% (auction house fee) * 20% (lovely VAT on the whole lot)

    So if you are bidding you need to be fairly good at your mental maths; or just not give a f!!
    Last edited by A348W; 03-09-2019 at 07:21 AM.

  4. #14
    550v12 is offline Salesman's average 3 Series BMW Club Member
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    Vat is only added to the buyer's premium not the hammer price of the car.

  5. #15
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    512M looks very cheap!

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