
When you sell a car at an auction, there are a variety of fees that are paid by both the buyer and the seller. Sometimes these fees are included in the reported sale price, and other times they are not.
Currently, the sale prices displayed on CLASSIC.COM are the same as reported by the auction house – some auction houses include the fees, and some do not. Our data is consistent for each auction house, but not across all prices. We are working on standardizing that in the near future.
In the meantime, here is a brief summary of fees per auction house, and how those prices are reported on CLASSIC.COM:
Auction house | Published fee schedule | Prices on CLASSIC.COM | |
Seller’s commission | Buyer’s premium | ||
Artcurial |
Not available |
From 1 to 900,000 euros: 16% + VAT Over 900,001 euros: 12% + VAT For cars from outside the EU, additional importation fee of 5.5% of the hammer price Reference |
Includes buyer’s fees |
Barrett-Jackson |
Entry fee + % bid price (details not available) Reference |
On-site: 10% Absentee: 12% Reference |
Includes buyer’s fees |
Bonhams |
5% bid price Reference |
12% on the first $250,000 of the bid price 10% on any amount of the bid price exceeding $250,000 Reference |
Includes buyer’s fees |
Bring a Trailer |
$99 listing fee Optional $250 photography fee Reference |
5% fee on top of the final sale price to BaT, with a minimum of $250, and capped at $5,000 Reference |
Bid price, no fees. |
GAA Classic Cars |
8% of vehicle selling price on all vehicles over $10,000. $800 minimum seller’s fee on vehicles $10,000 and under. Reference |
8% of vehicle selling price Reference |
Bid price, no fees. |
Gooding & Company |
Not available |
For a final bid price of $250,000 and below, the Buyer’s Premium is 12% of the final bid price; For a final bid price of above $250,000, the Buyer’s Premium is 12% on the first $250,000 of the final bid price and 10% on the remainder of the final bid price. Reference |
Bid price, no fees. |
Hemmings Auctions |
$99.95 flat fee Reference |
5% buyer’s fee on all successful auctions, with a minimum fee of $500. With any sale that tops $200,000, the buyer’s fee is capped at $10,000. Reference |
Bid price, no fees. |
Mecum |
10% with reserve 5% without reserve Reference |
10% $1,000 minimum Reference |
Bid price, no fees. |
Motorious |
Specific to each auction. |
Specific to each auction. |
Bid price, no fees. |
PCARMARKET |
$99 Reserve $500 Blind Reference |
5% $500 minimum Reference |
Bid price, no fees. |
RM Sotheby’s |
Not available |
10% Reference |
Includes buyer’s fees |
Silverstone Auctions |
5% Reference |
12.5% Reference |
Bid price, no fees. |
TheMarket (UK) |
5% + VAT £6,000 maximum Reference |
NONE Reference |
Bid price, no fees. |
Worldwide Auctioneers |
Not available |
10% 3% cash discount Reference |
Bid price, no fees. |
Note: These rates change from time to time, and can vary by auction. If you have information to improve the information listed here, please comment below or email us.