How auction fees are accounted for on CLASSIC.COM
When selling a car at auction, traditionally both the buyer and the seller pay fees. However, fee structures can differ, with some fees applying only to buyers or sellers, and often with minimums and/or maximums. These fees may sometimes be included in the reported sale price, but not always.
The sale prices shown on CLASSIC.COM reflect those reported by the auction houses. The auction may have negotiated fees with either the buyer or the seller (or both) for any given listing. Therefore, we only report the information provided directly by the auction, as we otherwise do not have further information on the exact fee structure per listing.
Below is a summary of the fees for each auction house included on CLASSIC.COM and how these prices are represented in our data.
Live Auctions on CLASSIC.COM
Live auctions typically charge fees to both the buyers and the sellers.
Auction House | Published fee schedule | Shown on CLASSIC.COM | |
Seller's Fees |
Buyer's Fees |
||
Aguttes | Not posted |
16% + VAT up to €900,000, 12% + VAT thereafter |
Hammer price |
Artcurial (EU) | Not posted |
16% + VAT up to €1,999,999 12% + VAT over €1,999,999 For cars from outside the EU, additional importation fee of 5.5% of the hammer price |
Hammer price |
Barrett-Jackson | Entry fee + 8% |
10% On-site 12% Absentee |
Buyer's fees included |
Bonhams | Negotiable |
USA: 12% up to $250,000, 10% thereafter
|
Buyer's fees included |
Broad Arrow | Negotiable |
12% up to $250,000 10% thereafter |
Buyer's fees included |
CCA Everyman Classics (UK) |
Cataloguing fee of £250 +VAT Commission of 5% +VAT (Minimum of £350 +VAT) |
12.5% +VAT | Buyer's fees included |
GAA |
$250-600 based on run day and location 8% commission with minimum of $800 |
8% on vehicles with $800 minimum 15% on mini bikes with $800 maximum |
Hammer Price |
Gooding & Company | Negotiable |
12% up to $250,000 10% above $250,000 |
Buyer's fees included |
H&H Auctioneers |
Motorcars: £100 Entry fee
£50 Entry fee |
Motorcars: 12.5% with £250 minimum
Motorcycles & Scooters 15% with £100 minimum |
Hammer price |
Henderson Motor Series |
Cars: 6% on no-reserve lots 8% with reserve lots 8% on no-reserve lots 10% with reserve lots |
10% on-site 13% absentee bidding |
Hammer price |
Historics (UK) | Negotiable |
10% + VAT 1.5% additional for on-line bids |
Hammer price |
Iconic Auctioneers |
£250 entry fee 7.5% +VAT |
12.5% + VAT up to £300,000 10% + VAT above £300,000 15% + VAT for motorcycles |
Buyer's fees included |
Mecum |
$350-1000 Entry fee (50% discount for no-reserve) 6% for no-reserve lots 10% for lots with reserve |
10% in person 12% telephone |
Hammer price |
RM Sotheby's | Negotiable |
12% up to $250,000 10% thereafter |
Buyer's fees included |
Saratoga Motorcar Auctions | Not posted | 10% | Hammer price |
Worldwide Auctioneers | Not posted | Live Auctions: 12% up to $250,000, 10% thereafter Online Auctions: 14% up to $250,000, 12% thereafter |
Buyer's fee included |
Online Auctions on CLASSIC.COM
Online auctions are becoming more and more popular due in part to the lower fees (or lack of fees) compared to Live auctions.
Auction House | Published fee schedule | Shown on CLASSIC.COM | |
Seller's Fees | Buyer's Fees | ||
ACC Auctions | $100 |
5% $200 minimum $5,000 maximum |
Hammer price |
AutoHunter | $129.99 |
6.5% $325 minimum $10,000 maximum |
Hammer price |
Bidders Highway |
7.5% + VAT SEK 3,750 minimum SEK 75,000 maximum |
N/A | Hammer price |
BK Auto Auctions |
No fee applies |
4.5% $250 minimum $5,000 maximum |
Hammer price |
Bonhams | Cars Online | Optional concierge service: £700 + VAT |
7% + VAT Minimums: £700 + VAT in in UK €800 + VAT in Europe $900 + VAT in US |
Buyer's fees included |
Bring a Trailer | $99 |
5% $250 minimum $7,500 maximum |
Hammer price |
Cars & Bids | No fee applies |
4.5% $225 minimum $4,500 maximum |
Hammer price |
Catawiki | 12.5% + €10 | 9% + €3 | Hammer price |
Clasiq Auctions | $299 once sale has gone through |
4.5% $450 minimum |
Hammer price |
Collecting Cars | No fee applies |
7.2% (Min & Max depending on location) |
Hammer price |
Collector Car Canada | No fee applies |
4.99% up to $100,000 3.99% thereafter $499 minimum |
Hammer price |
Fast Car Bids | No fee applies |
5% $250 minimum $6,000 maximum |
Hammer price |
Formula Auctions | No fee applies |
5% CAD$250 minimum CAD$5,000 maximum |
Hammer price |
Guys With Rides |
None for vehicles under $10,000 $99 for vehicles over $10,000 once the sale goes through |
4% $99 minimum $4,000 maximum |
Hammer price |
Hagerty | $100 | 7% | Hammer price |
Hemmings | $99.95 |
5% $500 minimum $10,000 maximum |
Buyer's fees included |
ISSIMI | 5% If additional bids yield a higher final hammer price than the auction starting price, ISSIMI will collect a performance fee of 15% of the difference between those two values. |
2% | Hammer price |
Kickdown |
3% + VAT once the sale goes through €300 minimum |
3% + VAT €300 minimum |
Hammer price |
PCARMARKET | $99 |
5% $500 minimum $5,000 maximum |
Hammer price |
SBX Cars | $250-950. |
5% + any applicable sales or use tax and any fees or duty due |
Hammer price |
The MB Market |
$49 for no-reserve $89 with reserve |
4.5% $225 minimum $4,500 maximum |
Hammer price |
Trucks & Auto | $100 | 10% Washington State residents: all license and registration fees along with a $200 negotiable documentation service fee. Out of state customers will have a $60 temp and transfer fee added to vehicle purchase along with a $200 negotiable documentation service fee. |
Hammer price |
Historic Auction data on CLASSIC.COM
These auctions have data included on CLASSIC.COM from past auctions, but are no longer active. You will find these listings in Market charts and Comps as reference for past sales.
Auction House | Published fee schedule | Shown on CLASSIC.COM | |
Seller's Fees |
Buyer's Fees | ||
Auctomobile |
€99 listing fee No Reserve: no listing fee + 1% revenue share |
5% 4% if sold pre-auction |
Hammer price |
JDM Supply | No fee applies |
4% $250 minimum $4,000 maximum |
Hammer price |
P1 Groupe | No fee applies |
5% $500 minimum $5,000 maximum |
Hammer price |
Sackey & Co. | No fee applies | 5% | Buyer's fees included |
Russo and Steele | Unknown | Unknown | Hammer price |
Rad For Sale | Unknown | Unknown | Hammer price |
Marqued | $99 |
5% $250 minimum |
Hammer price |
Motorious | Unknown | Unknown | Hammer price |
NoLemons | 5% success fee |
5% $270 minimum $5,000 maximum |
Hammer price |
Okotoks Canada / ECCA |
$367.50 + $150 if reserve is not met |
5% $250 minimum |
Hammer price |
The Overland Exchange |
Unknown | Unknown | Hammer price |
ShiftGate | Unknown | Unknown | Hammer price |
Onemorecar | Unknown | Unknown | Hammer price |
Note: These rates change from time to time, and can vary by auction. If you have information to improve the information listed here email us.