DUNN BROS SW LTD AUCTIONS
Company: Dunn Bros SW Ltd (registered in England No. 13885838) (“Auctioneer”).
1.1 These Terms & Conditions (“Agreement”).
1.2 The Auction Sale Catalogue and any Lot listing.
1.3 Any saleroom notices or Auctioneer announcements (including online notices).
Conflicts are resolved in the order above.
“After-Auction Sale” – A sale of any Lot post-auction which did not meet its Reserve Price or where the Highest Bid was not accepted at auction.
“Auction” – Any auction conducted by Dunn Bros SW Ltd.
“Auction Site” – Any Dunn Bros SW Ltd premises where an auction is conducted.
“Auctioneer” – Dunn Bros SW Ltd, its staff, representatives, and authorised persons.
“Bidder” – A person registered with the Auctioneer and issued with a bidding number or login.
“Bidding Number” – The unique number assigned to a Bidder.
“Buyers Premium” – The commission payable in addition to the Hammer Price, as set out in Clause 11.
“Commission Bid” – A bid submitted in advance for execution by the Auctioneer.
“Deposit” – Any advance payment required under Clause 5.
“Hammer Price” – The highest bid accepted by the Auctioneer.
“Lot” – Any item offered for sale.
“Payment” – Funds received towards a Purchaser’s account.
“Purchaser” – The highest Bidder accepted by the Auctioneer.
“Reserve Price” – The minimum bid acceptable to the Vendor.
“VAT” – Value Added Tax, as applicable.
“Vendor” – The seller of the Lot.
3.1 Auction Sites may present hazards. Entry is at the individual’s own risk. The Auctioneer accepts no liability for injury, damage, or loss sustained on-site.
3.2 Lots may be offered with reserve unless expressly stated otherwise.
3.3 The Auctioneer acts as agent for the Vendor and accepts no responsibility for default by Vendor or Purchaser.
4.1 Bidders must register at least 24 hours before any Auction.
4.2 Admission/approval is at the Auctioneer’s discretion.
4.3 Bidders act as principals unless agency is declared and confirmed in writing.
4.4 Bidders are responsible for all activity on their account; third-party use is prohibited.
4.5 Bidding Numbers may be revoked at any time.
4.6 By registering, Bidders consent to receive communications via SMS/email (see Privacy Policy).
5.1 A refundable Deposit (from £1,000) may be required, scaled to credit limits.
5.2 Bidders intending to spend £50,000+ (excl. VAT & fees) must notify the Auctioneer; a deposit of 10% of projected spend may be requested.
5.3 Deposits are refunded in GBP if no purchase is made and no balance remains.
5.4 Deposits may be retained against prior debts.
5.5 Refund times vary by card issuer.
5.6 Failure to comply may result in bid refusal.
6.1 Bidding opens no earlier than 21 days before the Auction.
6.2 Commission Bids may be submitted ≥24 hours before auction close.
6.3 Commission Bids cannot be cancelled within 24 hours of the Auction.
6.4 All bids are binding and irrevocable, even if placed in error.
6.5 The Auctioneer may refuse bids, withdraw Lots, or re-offer Lots at its discretion.
6.6 Online bidding is at the Bidder’s risk.
6.7 The highest valid bid at or above reserve wins.
6.8 Bids under reserve remain binding for 48 hours post-Auction.
6.9 Sub-reserve bids accepted will be confirmed by updated invoice.
6.10 Any negotiation post-Auction must be confirmed in writing.
7.1 Bidders may be contacted up to 14 days post-Auction regarding unsold Lots.
7.2 Any sale requires written acceptance by both Vendor and Bidder.
7.3 Buyers Premium applies as if sold at auction, unless varied in writing.
8.1 All Lots are sold “as seen”, with all faults, imperfections, and errors of description.
8.2 Descriptions (make, model, mileage, hours, year, etc.) are for identification only and supplied by the Vendor. No warranties are given or implied.
8.3 No guarantees are made regarding CE marking, roadworthiness, fitness for purpose, or legal compliance.
8.4 Purchasers must satisfy themselves as to condition and compliance before bidding.
8.5 Risk passes to the Purchaser on the fall of the hammer.
9.1 Full payment is due within 7 days of the Auction.
9.2 Accepted methods: Bank transfer, Cash (up to £5,000 per transaction), Cheque (subject to clearing), UK personal debit card (Chip & PIN).
9.3 International transfers must cover all fees; exchange rates apply only on invoice date.
9.4 Third-party payments require prior written approval.
9.5 Late payments incur interest at 4% above Bank of England base rate.
9.2A Cash Limit (AML Compliance)
Cash payments are capped at £5,000 per transaction. Higher amounts must be paid by other methods.
10.1 If Lots remain unpaid after 14 days, the Auctioneer may:
Re-consign and sell unreserved,
Deduct fees/storage from proceeds,
Sell via third-party auction,
Instruct debt recovery (fees 15% + VAT).
11.1 Live (Onsite & Live Webcast) Auctions – Standard Fee Structure
10% Buyers Premium on the first £3,000 of the Hammer Price (per Lot).
2.5% Buyers Premium on the balance of the Hammer Price (if any).
VAT is payable on the Buyers Premium at the prevailing rate.
Where a third-party live bidding platform is used, additional broadcast/platform fees may be recharged to the Purchaser in line with that platform’s published rates and the relevant sale notice.
11.2 Timed Online Auctions (BidSpotter / i-bidder)
Flat 20% Buyers Premium + VAT (per Lot).
Dunn Bros SW Ltd absorbs all third-party platform charges for timed auctions.
Purchaser pays Hammer Price + 20% + VAT only.
No hidden or additional charges apply.
11.3 Variations
Any alternative buyer’s fees for a specific sale will be clearly stated in the relevant sale notice.
12.1 VAT is payable on the Hammer Price and Buyers Premium unless valid export proof is provided within 30 days.
12.2 EU Purchasers: zero-rating possible with valid VAT registration and export proof.
12.3 Non-EU Purchasers: VAT charged, refundable with original bill of lading.
12.4 VAT reclaim is subject to Auctioneer verification.
13.1 Lots must be collected within 3 weeks of the Auction and only after cleared payment.
13.2 Storage charges: £10 per Lot per day after 3 weeks.
13.3 Risk transfers on hammer; title passes only on cleared payment.
13.4 Auctioneer accepts no liability for delays or missing items after sale.
13.5 V5C Completion (Vehicles)
Where a vehicle is sold with a V5C registration document, the Purchaser must complete the V5C on site with accurate details before the vehicle leaves. No vehicle will be released otherwise.
14.1 Collusion between Bidders and Vendors is prohibited.
14.2 Errors in bidder number allocation do not invalidate a purchase; invoices may be corrected.
14.3 All bids are in GBP; exchange-rate guidance is indicative only.
15.1 Where the Purchaser is also a Vendor, accounts may be set off against each other.
15.2 Contras are applied to the oldest debts and may be amended; revised invoices supersede earlier statements.
16.1 Timed Auctions: Dunn Bros absorbs all BidSpotter/i-bidder fees (see 11.2).
16.2 Live Auctions: Third-party platform fees may be recharged to the Purchaser (see 11.1).
16.3 Bidders must review and accept any platform terms when bidding.
17.1 Vendors are paid within 31 days of statement or once Purchaser funds are cleared, whichever is later, unless otherwise agreed in writing.
18.1 These Terms may only be varied in writing.
18.2 This Agreement constitutes the entire contract between parties.
18.3 Governing Law: England & Wales. Jurisdiction: UK Courts.
By bidding, you consent to receive marketing communications by email/SMS from Dunn Bros SW Ltd. You may opt out at any time.