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Buying at auction
PAYMENT
ONSITE AUCTIONS
On the day of the auction, before bidding or as soon as the vehicle is pronounced "sold", you will pay a deposit to the auction company.
Payment is in cash either:
- By bank transfer: The vehicle may be collected upon receipt of the funds on our account. Once your transfer has been completed, wait 48 hours and call us before you come.
- By credit card (remember to ask your bank to raise the upper limit of your card).
- By certified cheque drawn up by your bank branch, for the exact amount of your purchase
- By cheque accompanied by a letter of credit (you can pick up a model of the letter on the spot or on our site) to be submitted or sent to us by fax or email by your bank.
- Intra-EU deliveries: by bank transfer only.
- In cash up to €1,000 including fees for any transaction within the EU and €15,000 for any non-EU transaction. (NB: cash payments are not accepted in every auction centre).
ONLINE FLASH AUCTIONS
Any user can bid on our online FLASH auctions as soon as they sign up (acceptance of the terms of sale)
At the end of the auction, if you have won it, you will receive a statement of your purchase and the amount owed, including costs. You agree to settle the balance of the amount due (hammer price including the commission as mentioned on the vehicle file at FIVE AUCTION) to the auctioneer or to the Commercial Auction House ("Société de Vente Volontaire") responsible for the auction that issues the award notice,within three days of the sale.
You have two options for settling the balance:
- Either you want to come and pick up your vehicle at the "FIVE AUCTION" storage centre concerned (see vehicle file): in this case, contact the storage centre beforehand. You can pay directly on site by certified cheque or credit card.
- Or, you can request the delivery of your vehicle by carrier, in which case the payment can be made by certified cheque, by payment authorisation or by bank transfer after contacting the storage centre in advance.
In the event of a payment from a bank outside France, the buyer must pay the cost of the transfer or the remittance of a foreign cheque.
If the storage centre concerned has not received the balance of payment after a period of 3 working days, the sale is considered cancelled
COMMISSION:
- The public auction commission is set by the organiser of the auction.
- These fees are included in the displayed bid price.
- Upon the completion of the auction, the buyer will receive a statement for the purchase made and the amount owed, including all costs.
The commission and preparation costs come to:
- Hammer price up to €2999: €500 inclusive of tax
- from €3000 to €5999: €700 inclusive of tax
- from €6000 to €9999: €1000 inclusive of tax
- from €10000 to €14999: €1500 inclusive of tax
- from €15000 to €19999: €1900 inclusive of tax
- from €20000 to €24999: €2300 inclusive of tax
- more than €25000: €2700 inclusive of tax
STORAGE CENTRES:
- BETHUNE (62) Avenue of the Ferme du Roy - 62 400 BETHUNE
Contact: Mrs DELABRE: +33 (0)3 21 57 63 18 - PARISUD (PARIS 91) ZI la Croix Blanche - 91 700 SAINTE-GENEVIEVE-DES-BOIS, France
- Contact: Mrs CIRET: +33 (0)1 69 46 60 81
- SAINT-DIE ENCHERES (St-DIE 88) 65, rue de la Prairie - 88 100 SAINT-DIE-DES-VOSGES, France
Contact: +33 (0)3 29 56 13 34