Classic Car Auctions THE JUNE LIVE ONLINE AUCTION 2020 27th June 2020

+buyer’s premium of 12% including VAT @ 20% 139 classiccarauctions.co.uk Vehicle, and any other documents relating to the Motor Vehicle in the Seller’s possession or control which he agreed with CCA to supply. 12.4 If the Buyer fails to pay the Purchase Price within 28 days of the Auction, CCA will notify the Seller who may instruct CCA as to the appropriate course of action. CCA may endeavour to assist the Seller but CCA shall be under no obligation to do so, and shall not be under any obligation to institute proceedings in its own name. 12.5 In the absence of any written instructions from the Seller to CCA within 7 days of CCA having notified the Seller under clause 12.4 CCA shall be entitled to take any of the actions set out in clause 19.: 12.6 Any monies recovered by and paid to CCA in consequences of CCA taking one or more of the steps referred to in clause 19 shall be applied to the payment of: 12.6.1 legal or other costs incurred by CCA in connection with such steps;. 12.7 Expenses; 12.7.1 the Buyer’s Premium and the Seller’s Commission on the sale of the Lot; 12.7.2 any balance remaining shall be paid to CCA to the Seller (or, if appropriate, the Buyer). If there shall be a shortfall any such shortfall shall be made good by the Seller to CCA on demand. 12.7.3 If within 7 days after receipt of the notice referred to in clause 12.5 the Seller informs CCA that he wishes re-delivery of the Lot, he shall be entitled to do so but only upon prior payment of all Expenses and all legal and other costs reasonably incurred by CCA so as to keep CCA fully recompensed. 13. WITHDRAWAL 13.1. The Seller may by notice in writing to CCA withdraw the Lot from the Auction. In the event of such withdrawal, the Seller shall within 14 days of withdrawal pay CCA the sums set out in this Condition 13. All such sums shall be payable to CCA as remuneration for the services performed by CCA down to the date of withdrawal, and not by way of penalty or liquidated damages. 13.2 In all cases of withdrawal, the Seller shall be liable to pay CCA 10% of the mid estimate value of the Lot, notwithstanding that commission of a lesser, or no, amount had previously been agreed, to reflect the time, effort, loss of publicity and buyer’s premium suffered by CCA. In the event of a Lot having no reserve and therefore no estimate the Seller shall be liable to pay CCA 10% of the auctioneer’s reasonable estimate. The fee shall be subject in each case to VAT and Expenses. 13.3. In the event that the Seller withdraws the Lot from the Auction, the Seller shall arrange for collection and removal of the Lot at his own expense within two working days after the date of withdrawal provided that the Seller may not collect the Lot unless and until any withdrawal fee payable under Conditions 13.1 and 13.2 shall have been paid in full. 14. REMOVAL AND STORAGE 14.1 Motor vehicles can be collected from our central location from the Tuesday following the sale. Buyers should satisfy themselves that they have all the relevant spares, documents and keys relating to their lot(s) at the time of collection. Lots not collected by the Friday following the auction will be charged a storage fee of £30 + VAT per week. Written instruction from buyers must be provided if they wish their lot(s) to be collected by a third party. 15. THE BUYER 15.1 The Buyer shall be the highest bidder at the Hammer Price. Any dispute as to any bid shall be settled by the Auctioneer at his/her absolute discretion. 16. BUYER’S PREMIUM The Buyer shall pay the Buyer’s Premium to CCA and the Buyer acknowledges that CCA may also receive the Seller’s Commission due to CCA under Clause 10. 17. PAYMENT 17.1 Once a lot is sold, the Purchase Price shall become immediately payable to CCA. 17.2 Full payment for all Lots must be made to CCA by 5:00pm the next Working Day. Payment can only be accepted in GBP. For security reasons, payments by Debit or Credit card will not be accepted. All payments need to be made by bank transfer only. 17.3 No Lot may be collected until the Purchase Price has been received by CCA and payments by a Buyer to CCA may be applied by CCA towards any such sums due from that Buyer to CCA on any account whatsoever notwithstanding any directions to the contrary by the Buyer or his agent whether express or implied. 17.4 Title to the Lot will pass to the Buyer only when the Purchase Price in cleared funds has been received by CCA. 17.5 Immediately a Lot is sold the risk shall pass to the Buyer notwithstanding that possession will not be given and title will not pass to the Buyer before payment of the Purchase Price. 17.6 The Buyer shall, at his own expense, remove the Lot purchased but not before payment in full to CCA of the Purchase Price whether in respect of this or any other Lot. The Lot will be made available for collection from EM Rogers following confirmation of receipt of the Purchase Price by CCA. Full instructions for collection will be provided to the Buyer. 17.7 Cash payments will not be accepted. 18. RESPONSIBILITY FOR PURCHASED LOTS 18.1 The Buyer will be responsible for loss or damage to a Lot they have purchased from when the Lot is sold to them. Neither CCA nor its employees or agents shall be responsible for any loss or damage unless caused by the negligence of CCA,