Selling a car or van at an auction is very straightforward. Simply present your vehicle at the saleroom with its documentation, and fill in an Entry Form. In this form, you'll need to describe your vehicle using one of the official selling descriptions:
- No Major Mechanical Faults,
- Specified Faults,
- Sold As Seen, or
- On an Engineer's Report
See Buying a Vehicle at Auction for more information on these descriptions.
Presenting Your Vehicle
As your vehicle will be the focus of attention for hundreds of potential buyers, do make sure that it's clean inside and out. Top up the oil, screen wash and radiator, check the tyre pressures, and generally try to make your car as look as presentable as possible.
Reserves
You may want to set a reserve price, including auctioneer's commission and charges. If the highest bid received for your car is less than the reserve, you will be advised as such and you may then be asked if you wish a Private Treaty Sale to be negotiated with the highest bidder.
Charges
There will usually be a fee payable to enter your vehicle into the sale (approximately £20), and you'll also need to pay commission on the final hammer price. This will usually be about 10% of the selling price, plus VAT.