The Classic Sale At Silverstone Festival 25th - 27th August 2023

The Classic Sale at Silverstone Festival 2023 4 VIEWING Viewing is available at The Wing, Silverstone Circuit, Towcester NN12 8TN Friday 25th August - 9am – 5:30pm Saturday 26th August - 9am – 5:30pm Sunday 27th August - 10am – 4:00pm AUCTIONS Friday 25th August - 1pm – Competition Car Sale Friday 25th August - 3.30pm – Automobilia Sale Saturday 26th August - 11am – Collectors’ Car Sale The auctioneer will aim to sell approximately 60 automobilia lots per hour, and 25 vehicles per hour. DISCOUNTED FESTIVAL TICKETS To gain access to the auction, you will require a ticket to the Silverstone Festival. Admission to the event is not included in the price of the catalogue. Auction customers can get a 10% discount by using the following codes 23ICONICAUC for single day tickets and WE23ICONICAUC for weekend tickets. Event tickets are available to purchase at: silverstone.co.uk/events/silverstone-festival/prices BUYER’S PREMIUM Like the majority of auction houses, Iconic Auctioneers charge a buyer’s premium. Our buyer’s premium charge for motor vehicles is 12.5% plus VAT (15% including VAT) on the first £300,000 of the hammer price and 10% plus VAT (12% including VAT) on the balance thereafter. Automobilia is 20% plus VAT (24% including VAT) and registration numbers are 10% plus VAT (12% including VAT). VAT Some lots may be subject to UK VAT or import VAT on the hammer price and buyer’s premium. These lots will be clearly marked in the catalogue. All other lots will be sold using the Auctioneers Margin Scheme (VAT Notice 718/2). VAT will not be charged on the hammer price. The VAT on the buyer’s premium will not be split out on the invoice and cannot be reclaimed by UK VAT-registered businesses or individuals. Further duties and VAT may be applicable on exporting lots from the UK. It is the responsibility of the buyer to settle these charges. PAYMENTS All payments are due by 5pm on Monday 28th August. Payment should be made by bank transfer where possible. Please note our bank account details: sort code 20-98-87, account number 30223379. Card payments can be made (in person only) as follows: debit card payments up to £20,000 and credit card up to £5,000. Cash payments are not permitted and we do not accept AMEX. COLLECTION Vehicles All cars must be removed from the venue between 9am and 2pm on Monday 28th August. Full payment must be received before any items are available to be released. Our transport partner, EM Rogers, can assist with collection and delivery. Please contact them on +44 (0) 1604 755 511 or trafficdesk@emrogers.co.uk for a quote. Any cars not collected by 2pm on Monday 28th August will be taken to EM Rogers storage facility in Northampton for a fee of £175 plus VAT. Storage will be charged at £10 plus VAT per day from the Monday onwards. A member of the administration team will contact you after the auction to confirm your transport plans. If we do not hear back from you by 9am on Monday 28th August, we will arrange for our transport partner to collect the vehicle on your behalf, at your expense. Automobilia Automobilia can be collected from the auction hall during the weekend or on Monday 28th August between 9am and midday by prior appointment. After this time, it can be collected from our offices in Warwickshire or shipped to you at your expense. Please note – admission to the saleroom is by catalogue only. Catalogues will be available to purchase at the auction for £10, each catalogue admits two. KEY SALE INFORMATION