Buy your dream classic safely and easily at auction.

To participate in an auction, you must first register on Classic Trader. Once you have created an account and entered your payment details, you can place bids on your desired vehicles. Please note that the identity verification will be mandatory if you win an auction. You can verify your identity any time at an running auction. Identity verification is free of charge and helps you to build up trust from your first bid on. If you are the highest bidder when the auction ends, you will be the winner of the vehicle.

Through the comment function of each auction listing on Classic Trader, you have the opportunity to ask the seller or the Classic Trader community questions about the vehicle. This allows you to receive answers quickly and directly. Conversely, you also benefit from other users who ask questions, as their corresponding answers are visible to all users in the auction listing.

The reserve price, set before the auction begins, is the minimum amount a seller is willing to accept for their vehicle. You will only be able to win an auction if your bid has reached the reserve price. The reserve price itself is a secret, but we will let you know if it has not yet been reached, almost reached or reached. This lets you know when a bid can be a winning bid - meaning that the vehicle is yours if nobody bids more than you.

To place a bid, you must first register on Classic Trader. Once you have created an account, you can place bids on your desired vehicles. Please note that the identity verification will be mandatory if you win an auction. You can verify your identity any time at an running auction. Identity verification is free of charge and helps you to build up trust from your first bid on. If you are the highest bidder when the auction ends, you will be the winner of the vehicle.

Classic Trader auctions typically run for 12 days. This carefully considered timeframe allows you to learn everything about a vehicle, to ask questions and to imagine yourself behind the wheel. 12 days provide ample time for a substantial and sustainable buying decision.

If your questions aren’t answered in the auction listings description there is a comment function available for each auction on Classic Trader. You have the opportunity to ask questions to the seller directly as comments. This allows you to receive quick and direct answers.

It is entirely natural to want to see the desired vehicle in person. Although Classic Trader Auctions are online-events designed to offer a comprehensive view through numerous photos, detailed descriptions of the vehicle and its history, and an independent appraisal, we also support in-person inspections during the preview period and even during the ongoing online auction. The Classic Trader Auction team is available to assist in arranging an appointment between buyer and seller.

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If you are the highest bidder and your bid is higher than the reserve price when the auction ends, you will receive a notification, that you have won the Auction. You will then be contacted by Classic Trader to get further information about next steps.

After you have won an auction, you will be contacted by Classic Trader to arrange the next steps. A purchase contract is automatically formed between the seller and the highest bidder (Identity verification is mandatory). This purchase contract complies with international law and is binding for both the buyer and the seller. After the successful conclusion of an auction, the contact details of the seller and buyer are exchanged to organize the payment and transfer of the vehicle. Arrangements for payment and handover are made directly between the seller and buyer. Should any support be needed during this process, the Classic Trader Auctions Team is available to assist.

If you have won an auction, the following fees apply for you as the highest bidder with a winning bid:

• Transaction fee: 8.5% incl. VAT
• Minimum fee: €500 incl. VAT

If you are not the highest bidder when the auction ends, you will be notified that you have not won the auction. You can then continue to search for other vehicles on Classic Trader.

We can only recommend an escrow service as the only truly secure method according to modern money laundering standards. Use an escrow service where your money is held securely in an escrow account and you can be sure that you will receive the vehicle and all purchase-related features before your money is paid out to the seller. For more information or country specific recommendations please contact our Classic Trader Auction Team.

After you have won an auction, you will be contacted by Classic Trader to discuss the next steps and, if assistance is required, to organise the collection or transport of the vehicle together with the Classic Trader Auction Team.

If the vehicle you have won is not as described, you can contact the Classic Trader Auction Team to resolve the issue. Classic Trader will work with you and the seller to find a satisfactory solution.

If the vehicle you have won is damaged during transport, you can contact the Classic Trader Auction Team to resolve the issue. Classic Trader will work with you and the transport company to find a solution. Vehicles are usually insured by the transport organisation. All transports arranged by Classic Trader have sufficient transport insurance to cover existing risks.

Withdrawing after winning an auction is a complex and challenging process. Here’s what you need to know:

1. Check the Classic Trader Terms and Conditions: We have strict rules regarding bid withdrawals, especially after the auction has ended. Our terms outline the circumstances under which a withdrawal may be considered and the potential penalties involved.
2. Contact the Classic Trader Auction Team: If you believe you have a valid reason for wanting to withdraw, contact the Classic Trader Auction Team immediately. Explain your situation clearly and honestly.
3. Legal Implications: If you win an auction at Classic Tarder, a binding purchase contract is concluded. Failing to follow through with the payment could have legal consequences, including lawsuits or damage to your reputation as a bidder. This could also result in being banned from future auctions by Classic Trader.
4. Finding a Solution: You can rest assured that we will always be on hand to advise you in order to find a solution to your concerns within the legal framework.
5. Preventative Measures: To avoid this situation in the future, ensure you fully understand the vehicle and the financial commitment before placing a bid. Consider setting a budget and sticking to it to prevent overcommitting.”

No. Once a bid has been placed, it is binding. Please make sure that you are willing and able to buy the vehicle at this price before placing your bid. We have designed the bidding process in such a way that “accidental clicks” are extremely unlikely and will therefore not be accepted as a reason for cancelling a successful bid.

In our online auction, auctions can take place in different currencies, which usually correspond to the seller’s national currency. The purchase price of an auction vehicle is normally paid in the seller’s currency. If payment in a different currency is agreed between the buyer and seller, the conversion will be made at the exchange rate at the end of the auction if the auction is won. If you have any further questions concerning currencies please contact Classic Trader Auction Team.