Invoice = (Bid Amount + 6% Buyers Commission + R2 600 Documentation Fee) + VAT 15%
⭐ Buyers Commission: 0% on Standard Bank vehicles; 6% on Runners / Non-Runners
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
Invoice = (Bid Amount + 10% Buyers Commission + R2 600 Documentation Fee) + VAT 15%
