Coronavirus
Learn more about how we've made Car & Classic Auctions Covid safe
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The focus of the new Car & Classic Auction feature is making it easier than ever before for enthusiasts to sell their classic car while also being safe for both parties at every stage.
The new platform has an escrow payment function which holds funds in a secure third-party account until both buyer and seller confirm they are happy with the sale. For buyers, this eliminates the risk of carrying large sums of money when collecting a car and for sellers, this reduces the risk of buyers becoming a no-show after the auction. To avoid 'tyre clickers', carandclassic.co.uk requires bidders to submit their card details when registering.
It is free to list cars in the auction and sellers are charged just five per cent of the sale price + VAT. Sellers also benefit from the auction platform being part of Europe's largest and most successful classic and specialist vehicle website, where a huge audience searches for five million cars a month.