How we work
The Private Market, step by step.
Classic motor cars offered to a register of verified buyers, with private bids and a fixed closing date. The competition of an auction, with the discretion of a private sale.
01
Registration
Register and verify, once.
- Anyone can browse the register and read each car's full description without an account.
- To bid, create a free account and confirm your email address.
- Upload a passport or driving licence for a short identity check. Verification is needed once, not for every car.
- Once verified, you can bid on any open car on the register.
02
Bidding
Private bids, sealed until the close.
- Each car shows its closing date. Cars are marked Coming soon, Open or Ending soon as that date approaches, and accept bids at every stage.
- Enter your figure and submit. Your bid is a binding offer to buy at that amount if accepted.
- Nobody else sees your bid or your identity. You only see your own standing, for example second place.
- You can raise your bid at any time before the close. Your standing updates as other bids arrive.
03
Fees
One clear buyer's fee.
- A buyer's premium of 2.5% of your bid, with a minimum of £500, is added to a successful bid.
- VAT at 20% is charged on the premium only, not on the car.
- The fee, VAT and total payable are shown as you type your bid, before you submit.
- There is no charge to register, verify or bid. You only pay if you win.
| Winning bid | Premium | VAT on premium | Total payable |
|---|---|---|---|
| £10,000 | £500 | £100 | £10,600 |
| £20,000 | £500 | £100 | £20,600 |
| £50,000 | £1,250 | £250 | £51,500 |
04
Winning
If yours is the leading bid.
- When bidding closes, Hunt & Hammer review the bids and contact the successful bidder directly, usually within one working day.
- You receive an invoice for the winning bid plus the buyer's premium and VAT. Please wait for our invoice before paying.
- Funds are settled through Hunt & Hammer. The car is released once payment has cleared.
- Collect from London or the seller's location, or we can arrange covered delivery at cost, including export.
