commission bidding at auction

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Posts: 68
Joined: Mon May 21, 2012 6:57 pm
Name: andrew wisdom

commission bidding at auction

Postby tf1695 » Tue Jun 30, 2015 3:46 pm

I am interested in a vehicle coming up for auction but will be unable to attend in person. I have two choices, either telephone bidding which puts my bids in real time as the auction proceeds or placing a commission bid which the auctioneer will then bid up to on my behalf. Has anyone used this method to buy a classic car at auction and if so how was the experience? The cynic in me would expect the hammer price to be very close to my maximum bid.


Posts: 164
Joined: Mon May 21, 2012 2:44 pm
Name: John Layzell

Re: commission bidding at auction

Postby johnlayzell » Tue Jun 30, 2015 11:24 pm

Andrew - I have only one experience of absentee bidding. I send in an absentee bidder's form with my maximum bid and a required deposit. We were sent a video link to watch the auction live, which we did in front of the PC screen, with a couple of glasses of wine!

We were very pleased when the car sold at 18% lower than our maximum bid. Good luck!
1925 SC12/50
1937 SP25 VDP Saloon
1970 Peking to Paris Rally VW Beetle

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