The final bid (hammer) price of each lot will be subject to a buyer's premium. For MOTOR CAR lots the Buyer's Premium is 12% on the first $250,000 of the bid price and 10% on any amount of the bid price exceeding $250,000.
For AUTOMOBILIA or non motor vehicle property (specifically Lot 1), the premium is 27.5% on the first $12,500 bid price, 25% on the amount above $12,500 up to and including $600,000, 20% on the amount above $600,000 up to and including $6,000,000, and 14.5% of any amount which exceeds $6,000,000.