Buyers' Commission payable: 10%
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
Registration Deposit R10 000 per vehicle and R20000 for Commercial purchased | Buyers commission Runners 0% / 6% | Non runners 0% / 8% | Commercial 10% | R2600.00 Doc Fee | VAT 15%
Invoice = (Bid Amount + 10% Buyers Commission + R2 600 Documentation Fee) + VAT 15%
Invoice = (Bid Amount + 0% Buyers Commission + R2 600 Documentation Fee) + VAT 15%
⭐ Buyers Commission: 0% on Standard Bank vehicles; 6% on Runners / Non-Runners
