Auction Fees and Prices

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


UK: 15% up to £500,000, 12% thereafter


EUR: 15%


AUS: 15% up to A$100,000, 10% thereafter


IRE: 28% up to €40,000, 27% thereafter up to and including €800,000, 21% thereafter up to and including €4,500,000,
14.5% thereafter.


UAE: 15%

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
5% Seller fee with £250 minimum


Motorcycles & Scooters:

£50 Entry fee
10% Seller fee with £100 minimum

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

Motorcycles:

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
$6,000 maximum

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.