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%
6% Buyers Commission will be charged on Runners, 8% Buyers Commission will be charged on Non-Runners & 10% Buyers Commission will be charged on Commercial Assets, R2600 Vehicle Documentation Fee & 15% VAT will be charged on all assets
Invoice = (Bid Amount + 0% Buyers Commission + R2 600 Documentation Fee) + VAT 15%
⭐ Buyers Commission: 0% on Standard Bank vehicles; 6% on Runners / Non-Runners
10% Buyers' Commission payable on all assets.
15% VAT will be charged on all assets.
Documentation Fee of R2600 excl. VAT will be charged on all assets.
