Buying a car
At Central Car Auctions you've always a vast choice of vehicles to choose from. Buying with us is hassle and risk free and couldn't be easier - you simply bid on the car as it is auctioned. If you've any queries, we've expert staff on hand to help. In the meantime, here are some important points to remember:
- Whether you find a vehicle that interests you in our vehicles list or at the auction, don't forget it's first come, first served on the day of sale.
- You must have a minimum £200 cash deposit. If your bid is successful, simply approach the rostrum and give your name, address and deposit.
- You'll find an information card on the windscreen of every car that's for sale at the auction. This holds all info, from MOT expiry date to a mileage reading (It doesn't show the reserve price, however). For this, you'll need to ask at our sales office.
- If your bid secures the vehicle of your choice, the balance of the purchase must be settled by no later than midday on the Thursday following the Wednesday auction, and no later than midday Monday following the Friday auction
- Once you've paid for your vehicle in full, it must be removed from the premises immediately. If left on site, it is so at your own risk and a penalty charge may apply.
Warranties
All vehicles auctioned each Monday, Wednesday & Friday are presented and sold as No Guarantee - Sold As Seen, therefore all vehicles are non-returnable.
'Sold As Seen' generally applies to older, less expensive vehicles that have no mechanical warranty whatsoever. When you buy a car 'Sold As Seen', you buy it with all its faults, whatever and however serious they may be. An 'As Seen' car should be very carefully inspected before it goes under the hammer. (All main agent and company direct vehicles are sold ‘Sold As Seen').
Mileage warranties are described by the auctioneers at the time of sale and are declared on the vehicle's windscreen sticker.
Consider ALL costs when buying
You'll need your deposit before buying any vehicle at Central Car Auctions. Plus, when you buy a vehicle there are two costs added to the sale price - an Indemnity Fee and a Buyers Premium. Here's an exact breakdown of our costings:
Deposit
Minimum £200 cash deposit is payable on each purchase
- For bids of up to £999 the deposit required is £200
- For bids between £1000 and £1999 the deposit required is £300
- For bids between £2000 and £6999 the deposit required is £500
- For bids of £7000 and over the deposit required is £1000
Buyers Indemnity
This is per vehicle and payable in addition to the sale price (charges subject to VAT)
- For up to £199: £70
- £200 - £499: £80
- £500 - £999: £85
- £1000 - £1999: £90
- £2000 - £2999: £100
- £5 per £1000 thereafter
Buyers Premium
This is per vehicle and payable by non motor-trade customers. Proof of VAT Registration must be shown (charges subject to VAT)
- For up to £499: £75
- £500 - £999: £85
- £1000 - £1999: £100
- £5 per £1000 thereafter
V5 Registration transfer
A V5 Registration document transfer fee is payable in addition to the accepted offer price of £25 + VAT = £30 per vehicle.
Paying the balance
We accept cash (cash max. £9000 & subject to a Cash Surcharge of 1.25% + VAT) and most leading debit & credit cards (card max. £3000). If you're paying by any acceptable debit or credit card it must be accompanied with either a driving licence or passport. All credit cards charged at 3% (+ VAT as applicable).
Whatever vehicle(s) you're looking for, we're here to help find you the best possible price. So good luck, happy bidding and have fun.
