Buyer’s premium applied to cars, trucks and machinery will be changing. The fees for general items remain the same.
The new buyer’s premium for cars:
$0 – $2,999 = $385
$3,000 – $19,999 = $550
Above $20,000 = 2.25% (unchanged from existing BP)
The new buyer’s premium for trucks and machinery:
$0 – $14,999 = 11%
Above $15,000 = 8.25%
Keeping things simple
To ensure our fee structure is simple and straightforward for our buyers, all buyer’s premiums listed include GST. Unlike many other auction houses, you can rest assured that there are no other add-on costs. Slattery Auctions has:
Why are we changing?
We have not changed our Buyer’s Premium since we first opened in 2000. Our fees have been below the market for many years, and our updated fees will continue to represent better value than our competitors.
When does the change take place?
The new buyer’s premium becomes effective April 1, 2016.
What are the first auctions these changes will apply to?