Registration Deposit: R10 000 for Vehicles & R20 000 for Commercial | Buyers commission: Vehicles 6% | Commercial 10% | R2600 Doc Fee | 15% VAT | All assets are sold subject to vetting
Invoice = (Bid Amount + 6% Buyers Commission + R2 600 Documentation Fee) + VAT 15%
⭐ Buyers Commission: 0% on Standard Bank vehicles; 6% on Runners / Non-Runners
6% Buyers Commission on Runners, 8% on Non Runners. 0% Buyers Commission on ALL Standard Bank Vehicles. 10% Buyers Commission on Commercial 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