Page 2 of 2 FirstFirst 12
Results 11 to 15 of 15

Thread: Really?

  1. #11
    Join Date
    Apr 2017
    Location
    London
    Name
    Paul
    Posts
    240

    Default

    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
    Join Date
    Dec 2005
    Location
    Oxfordshire
    Name
    Andy Chadwick
    Posts
    1,219

    Default

    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
    Join Date
    Oct 2013
    Location
    North Wiltshire
    Name
    Adrian
    Posts
    835

    Default

    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 Hairdresser's Mercedes SLK Club Member
    Join Date
    Sep 2010
    Location
    Surrey
    Name
    Mark
    Posts
    206

    Default

    Vat is only added to the buyer's premium not the hammer price of the car.

  5. #15
    Join Date
    Mar 2014
    Location
    United Kingdom
    Name
    GQ
    Posts
    751

    Default

    512M looks very cheap!

Page 2 of 2 FirstFirst 12

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •