Goodwood Festival of Speed

Like the vast majority of auctioneers Bonhams charge what is known as a Buyer's Premium. Buyer's Premium on all Automobilia lots will adhere to Bonhams group policy:
Buyer's Premium Rates

27.5% on the first £20,000 of the hammer price;
26% of the hammer price of amounts in excess of £20,000 up to and including £700,000;
20% of the hammer price of amounts in excess of £700,000 up to and including £4,500,000;
and 14.5% of the hammer price of any amounts in excess of £4,500,000.

VAT at the current rate of 20% will be added to the Buyer's Premium and charges excluding Artists Resale Right.
For Motor Cars and Motorcycles a 15% Buyer's Premium is payable on the first £50,000 of the final Hammer Price of each Lot, and 12% on any amount by which the Hammer Price exceeds £500,000. VAT at the standard rate is payable on the Premium by all Buyers, unless otherwise stated.

Some lots may be subject to VAT on the Hammer Price. These lots will be clearly marked with the relevant symbol printed beside the lot number in the catalogue.

ALL BIDDERS MUST AGREE THAT THEY HAVE READ AND UNDERSTOOD BONHAMS' CONDITIONS OF SALE AND AGREE TO BE BOUND BY THEM, AND AGREE TO PAY THE BUYER'S PREMIUM AND ANY OTHER CHARGES MENTIONED IN THE NOTICE TO BIDDERS. THIS AFFECTS THE BIDDERS LEGAL RIGHTS.

If you have any questions about the Conditions of Sale, please contact your nearest client services team.

From 28 June 2025, the import into the EU of non-EU property of a certain age (and in some categories above a certain value) is subject to additional requirements. Under the relevant EU Regulation, it is the Buyer's sole responsibility to assess whether any Lot meets the criteria for import into the EU. The refusal of any required Import License or Importer Statement, or any delay in obtaining such License or Statement shall not give rise to the rescission or cancelation of any Sale, nor allow any delay in making full payment for the Lot.

For payment information please refer to the sale catalog.

For information and estimates on domestic and international shipping as well as export licences please contact Bonhams Shipping Department.