Crossley & Webb
At Market Determined Prices

Bid on screened Collector Cars

Buying Guide

Here you will find all the information to successfully register and bid on collector cars on auction.

How bidding works:

1) REGISTRATION & APPROVAL

  • Register for bidder approval at this link.
  • We will be in touch and will request FICA information (Copy of ID document/Passport and proof of address not older than three months).
  • On approval of bidder profile, a R 5,000 deposit is processed with the credit card the you link to your bidding profile.

2) LOGIN

  • Visit our login page
  • Submit your email address or telephone number.
  • A One Time Pin (OTP) will be delivered to your preferred contact method.
  • Enter your OTP to complete login process.

3) DUE DILIGENCE

  • Study the information in the auction listing and carry out research on similar lots.
  • Make a note of the auction cutoff date and time (the time the auction ends)
  • Call Crossley & Webb and ask questions regarding the lot.
  • Arrange a viewing or technical inspection of the lot.
  • It is the buyer's responsibility to research the lot and be fully knowledgeable on all its details prior to making a bid.

4) PLACE A BID

  • Select the desired lot / car.
  • Make sure there is time remaining on the auction.
  • Keep funds available on the credit card linked to the bidding profile for 50% of the 10% including VAT Buyer's Premium for the lot the bidder intends to bid on. (R75,000 including VAT maximum and R2,500 including VAT minimum).
  • Place an educated bid higher than the current bid.
  • If a bid is placed in the last two minutes of the auction, the auction cut off time will be extended by two minutes. If a further bid is placed in the extended cut off time the auction will be extended by a further two minutes.
  • If you would like to secure the lot at the “Buy Now” price select this option.
  • The buyer agrees that each bid submitted for a lot is legally binding whether through the “Buy Now” option or the usual bid submission process.

After the auction:

Payment

  • If a buyer has submitted the highest bid and the reserve price has been exceeded or waived or the buyer has selected the Buy now option, 50% of the buyer's premium of 10% is charged (5% buyer's premium is charged) to the credit card associated with the buyers profile.
  • The balance of the buyer's premium must be paid to Crossley & Webb within 24 hours of the cut off time of the auction via EFT.
  • The company will forward payment details for the seller to the buyer and payment is made directly.
  • The payment to the Seller must clear in the seller's account within 48 hours of the cut off time of the auction.
  • Ownership of the lot shall not pass to the buyer until the seller has received settlement of the full purchase price in cleared funds.
  • The lot shall be at the buyer's risk of loss the moment payment has been made for the lot to the seller.
  • Buyers are advised to arrange for insurance cover to coincide with this time.

Collection

  • The lot / car must be collected from the seller within seven days of the conclusion of the auction.

Transport

  • Transport of the lot post auction is the responsibility of the buyer. Crossley & Webb can supply a list of trusted suppliers used over the past seven years without incurring any obligation.

Common Buyer Questions

  • Bidders register online and go through a vetting process with Crossley & Webb.

Get in touch;

  • All auctions have a buyer’s premium of 10% inclusive of VAT.
  • There is a minimum commission of R 5,000 inclusive of VAT and maximum amount of R 150,000 inclusive of VAT.
  • Yes, there are reserve prices which are confidential. If there is no reserve or the reserve has been lowered we will state so.
  • There is a vehicle grading document for every car on Crossley & Webb Online. This has been completed by the seller and grades the different areas of the car on a scale of 1. (Poor) to 5. (Excellent).
  • Crossley & Webb extract as much information on all cars as much as possible but cannot guarantee the condition.
  • Bidders need to be confident of the condition of the car prior to placing a bid.
  • The full maintenance history and documentation is made available for the bidder to study.
  • Viewings can be arranged and are recommended prior to you making an educated bid.
  • No, Crossley & Webb refer correspondence between the buyer and seller and answer any questions on behalf of the seller first.
  • Yes, a R5,000 registration deposit hold is placed on your credit card assigned to your profile.
  • 50% of the buyer’s premium is processed immediately on your credit card.
  • The balance of the buyer’s premium is paid to Crossley & Webb via EFT.
  • You receive the payment information for the seller and make payment directly.
  • This is the responsibility of the buyer.
  • Crossley & Webb have a list of trusted transporters who we regularly use and can forward their details to the buyer.
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