• +44 (0) 1926 691 141

BUYERS GUIDE

Silverstone Auctions aim to make the process of buying vehicles as easy as possible.
Below you will find a step by step guide to buying and what to expect as a customer of Silverstone Auctions.
Booking a Viewing

Booking a Viewing

Your opportunity to inspect the vehicle(s) of interest

Online Auction

Register & Bid

Complete the registration process before bidding

Payment

Payment

Make your payment to complete the transaction

Collection

Collection

Arrange to collect and take your vehicle home

Viewings

Viewing is a great opportunity to inspect the vehicle and any associated history files prior to bidding. Our team of experts are also on hand to assist you during this and to answer any questions you may have.

For each Lot we provide a detailed description, extensive photographs, and video content where possible, in order for interested bidders to obtain as much information as possible. The history files which are supplied by the vendor, are available to inspect in person on the viewing days.

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Register and bid

Bidding is available in person, by telephone, online, or via commission.

Bidding in the room means you can once again join us on the auction day to bid in person.

Telephone bidding allows you to bid live. On the auction day we will contact you prior to the Lot going through and guide you through the process.

Commission bidding is ideal if you are unavailable on the auction day. It is the maximum amount you are willing to bid up to and we will execute your bid as low as possible on your behalf.

Online bidding is now available directly on our website as well as with our partner, The Saleroom . Please note bidding online with our partners incurs an additional fee of 1% +VAT.

You can now bid live on our website (with no additional fees). For more details please head to our YouTube channel and watch how easy it is to register and bid.

To register a telephone or commission bid, please log in or create an account here.

You will need to complete the five steps when creating your account, including the upload of identification. Once you are logged into your account, you will then need to register to bid against the specific lot(s) of interest. To ensure your bid is processed, please submit this no later than two hours prior to the auction.




Alternatively, you can register to bid by contacting us directly: email bid@silverstoneauctions.com or call 01926 691141. To register to bid online, please register directly with our partners on their sites.

Interested bidders should register to bid at each individual auction and will be required to provide one form of photo identification every 12 months to comply with money laundering regulations (Driving licence or Passport). When you complete the registration process you are agreeing to our Terms and Conditions.

Like the majority of classic car auctioneers, Silverstone Auctions charge what is known as a buyer's premium. Our buyer's premium charge for motor vehicles is 12.5% +VAT on the first £300,000 of the hammer price and 10% +VAT on the balance thereafter, 10% +VAT for number plates and 20% +VAT for automobilia and watches. Buyer's premium is subject to VAT at the prevailing rate on the day of the auction.

Some lots may also be subject to VAT on the hammer price. These items will be clearly marked in the lot description.

Please upload your ID to our secure portal here: https://secureportal.silverstoneauctions.com/


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Payment

All payments are due by 5pm the next working day following the auction and must be made in GBP. We accept payments via bank transfer or alternatively in person with a debit card (up to £20,000) or a credit card (up to £5,000) - subject to Government guidelines at the time of collection. We cannot accept cash payments.

Lots purchased can only be released upon receipt of cleared funds.

You should ensure that you have the necessary monies available and are able to pay before you bid.

We have partnered with Oracle Car Finance, the UK's number one funder for prestige, sports and classic cars, who can help you get approved before the auction with an agreement in principal. Please see their website www.oraclefinance.co.uk or call + 44 (0) 330 8387491.



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Collection

Motor vehicles can be collected from our auction location from the day following the auction. Lots not collected by the set deadline will be taken to our transport partners in Northampton for an initial fee plus a daily storage charge. Auction specific collection dates can be found on the auction page in the week preceding the sale.

Buyers should satisfy themselves that they have all relevant spares, documents and keys relating to their Lot(s) at time of collection. Written instruction from buyers must be provided if they wish their Lot(s) to be collected by an agent.

Our partner, Peter James Insurance , are specialists in classic car insurance can be contacted for a competitive policy option on 0121 506 6000.

Our dedicated transport partners can assist with collection and delivery. Please contact EM Rogers on 01604 755511 for a quote for motor car delivery and Moving Motorcycles on 01933 448555 for motorcycle delivery.

If you have any questions you can contact us by phone +44 (0) 1926 691 141 or email enquiries@silverstoneauctions.com or visit our Contact Page.

FAQ's

See more

When is your next auction?

Our next auction is The Race Retro Classic and Competition Car Sale 2023 on Saturday 25th February at Stoneleigh Park, CV8 2LG. Bidders can attend in person, or alternatively can bid online, by phone or via commission.

Can I see the catalogue for your next auction?

We are now consigning for our next motorcycle sale at the MCN London Motorcycle Show at the ExCeL on 18th February and the Race Retro Classic Car and Competition Sale at Stoneleigh Park on 25th February.

Will I be able to view the history files too?

We have a dedicated documents desk at each of our auctions where you can view the respective history files for each lot.