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