10% Buyers' Commission payable on all assets. 15% VAT will be charged on all lots, on top of the Buyers' Commission. Documentation Fee of R2600 excl. VAT will be charged on all vehicles.
Invoice = (Bid Amount + 6% Buyers Commission + R2 600 Documentation Fee) + VAT 15%
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β Buyers Commission:Β Β 0% on Standard Bank vehicles;Β Β 6% on Runners / Non-Runners