Classic Car Auctions Practical Classics Classic Car & Restoration Show Sale 24th & 25th March 2018

72 CCA PCCCRSS 2018 Classic Car Sale – 24th - 25th March 2018 classiccarauctions.co.uk of all Expenses and all legal and other costs reasonably incurred by CCA so as to keep CCA fully recompensed. 13. Withdrawal Fees 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 15% of the estimated 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. The estimated value shall be the higher of:- (a) The Seller’s estimate of value as previously notified to CCA or, if more than one figure, the highest figure or if none; (b) The value estimated in the Catalogue, or if more than one figure is given, the highest figure; (c) If none of the above apply such figure as CCA shall reasonably estimate as the value. (d) Plus in each case VAT on such fee and Expenses. 13.3. In the event that the Lot is withdrawn from the Auction after the publication of the Auction catalogue, the Seller shall in addition to the sum set out in Condition 13.2, be liable to pay CCA a further sum equal to the Buyer’s Premium that would have been payable upon the Lot realising the aforesaid estimated value at Auction, plus VAT. 13.4. 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 13.2 and 13.3 shall have been paid in full. 14. Removal and Storage 14.1 The Seller shall arrange for the removal of any unsold Lot and the Buyer for the removal of purchased lots by the time specified in the vendor delivery instructions and key sale information in the auction catalogue or by other such time as agreed by CCA. 14.2 Failure to remove Lots pursuant to clause 14.1 above will entitle CCA to charge the Seller or Buyer a removal charge, storage fees, insurance and other expenses and any costs incurred at the following rates: Motor Vehicles: Removal - £150 plus VAT including 3 days storage Storage - £10 per day thereafter 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 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 (VISA/ Mastercard) will only be accepted where the cardholder is present. A surcharge will apply to all card payments and these charges will be displayed on “Key Sale Information” notices at the auction venue. Where the Buyer wishes to pay by cheque and CCA has agreed that the Buyer may do so, the Lot will not be released until the cheque has been cleared. In this instance, the buyer will be responsible for all removal and storage fees incurred. 17.3 If a Buyer wishes to pay via bank transfer on a weekend or bank holiday this must be by faster payment and must be witnessed by a member of the CCA team, using a secure facility provided by CCA and with printed evidence that the payment has been made to enable a car to be released on a weekend or bank holiday. 17.4 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. 17.5 Title to the Lot will pass to the Buyer only when the Purchase Price in cleared funds has been received by CCA. 17.6 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. 17.7 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. 17.8 Cash payments will only be accepted up to a maximum of £5,000 and no more than £10,000 will be accepted from any one individual in a 90-day period. 18. Responsibility for Purchased Lots 18.1 The Buyer will be responsible for loss or damage to a Lot they have purchased from the fall of the hammer. Neither CCA nor its employees or agents shall be responsible for any loss or damage unless caused by the negligence of CCA, its employees or agents in the ordinary course of their duties to CCA while the Lot is in CCA’s custody or under its control. 18.2 The Buyer shall be responsible for all removals, insurance, storage and other charges on any Lot from the fall of the hammer (in accordance with