The Riyadh Car Show Auction 2019 - 22nd November 2019

www.silverstoneauctions.com 5 Key Sale Information BIDDER REGISTRATION There is a refundable charge for registering to bid of $26,000. A certified cheque for that amount must be executed by the bidder in the name of Seven Modern Trading Company. This will be refunded if no vehicle is awarded. If your bid is successful, this payment will be deducted from your total invoice amount. Proof of identification will be required in the form of a passport or National ID, before the registration process can be completed. VAT, IMPORT DUTIES AND TAXES Please note that all lots are subject to VAT on the full purchase price (both on the hammer price and buyers premium). It is the buyers responsibility to be aware of any relevant taxes and duties payable. BUYER’S PREMIUM Buyers Premium on motor vehicles is 12% plus VAT Please note that online bidding incurs an additional surcharge of 1% plus VAT. VEHICLE DOCUMENTATION You can view any associated vehicle history files that the vendor has supplied, at the documents desk. PAYMENTS All payments are due by 5pm on Monday 25th November 2019. Payment can be made by bank transfer or by debit or credit card in person. COLLECTION Full payment must be received before any item is available to be released. Following the auction, all vehicles will be taken to a secure storage facility and can be collected between 1st – 10th December. Vehicles that are not collected during this time will be charged $1,000. Delivery of vehicles can be arranged via Cars Shipping LLC. They can be contacted via telephone on +971 (0) 4882 1334 or via email on info@ carsmiddleeast.com