Registration Deposit R10 000 per vehicle purchased | Buyers commission Runners 0% / 6% | R2600.00 Doc Fee | VAT 15%
Invoice = (Bid Amount + 6% 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 lots, on top of the Buyers' Commission
Documentation Fee of R2600 excl. VAT will be charged on all vehicles.
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
