Up to ______________________________ Hammer Price (as outlined and defined in the Auction Bidders Conditions of Business). THE CONSIGNOR WILL INDEMNIFY, DEFEND (WITH RMS SOLE CHOICE OF COUNSEL), AND HOLD RMS AND ITS AFFILIATES HARMLESS FROM ANY CLAIMS, DEMANDS, LOSSES, EXPENSES, DAMAGES, COSTS, ACTIONS, AND LIABILITIES, INCLUDING WITHOUT LIMITATION TO COURT COSTS AND ATTORNEY FEES, OF WHATEVER KIND OR NATURE THAT MAY OR MAY NOT OCCUR, WHETHER KNOWN OR UNKNOWN, ON THE ACCOUNT OF OR ARISING OUT OF ALL MATTERS RELATED TO THE OWNERSHIP AND TITLES.11. 33.1. The Conditions of Business displayed in the auction salesroom;1.3.4. This clause shall not preclude the parties from seeking provisional remedies in aid of arbitration from a court of appropriate jurisdiction. As a subsidiary of RM Auctions, Auctions America is backed by the largest car auction house in the world. 5.1. In each case as amended by any salesroom notice or auctioneers announcement at the auction. Expert Insights: From the Desk of Nate Larson. Enter the email address associated with your rmsothebys.com account. 14.1.2. Insurance: The Consignor will be responsible for maintaining adequate property insurance on the Lot(s) at all times, and this insurance must be at least equal to the aggregate low pre-sale auction estimate for the Lot(s) or such other amount agreed to between Consignor and RMS, which in each case shall include insurance for damages to the Lot(s) and shall not be cancellable by the insurance company until after Ownership and Title have passed to the Buyer and the Buyer has taken possession of the Lot(s) from RMS. . RMS faces significant reputational damages that would cause monetary damages for offering or selling the Lot(s);17.1.5. 22.3. Information provided during bidder registration may be used in accordance with governmental COVID-19 rules and regulations and in accordance with RMS Privacy Policy.SPECIFICALLY FOR RMS CALIFORNIA AUCTIONS:30. A CC Hold as outlined below will be placed on the Bidders credit card:20.2.1. Judgment on the award may be entered in any court having jurisdiction. Customize your preferences and enjoy a tailored experience when visiting us, Access history files and inspection reports for your favourite cars. RM Auctions has closed general admission for its Labor Day weekend Auburn Fall 2020 auction on September 3-5 and allow admittance to the event for pre-registered bidders and accompanying guests only. Once sold, RMS will retain all reasonable Expenses and Fees including, auction fees if sold via auction, and if sold via private sale, a 20% commission; if there are any remaining funds, these will be returned to the Consignor within 30 business days of the Sale.15.6. RM Auctions set to offer The Glen Hague Collection at Auburn Fall auction, 2-5 September in Indiana. Nothing in this clause 34 shall affect any Buyer(s) legal rights that shall apply against the Consignor as a result of any applicable laws.34.1. All Lot(s) are sold as is, where is, with no representations or warranties, expressed or implied. 4. Auburn, IN 46706. 11.1. If the Bidder is planning to pay via cryptocurrency, please refer to clause 6.1.1. of these Conditions of Business. In the event that either party brings action against the other, arising from or relating to the auction or the Lot(s), the prevailing party, as determined by the arbitrator or court, shall be entitled to recover its reasonable attorneys fees and costs, including through appeals. Customs charges will be levied appropriately depending on each individual scenario and will be payable directly to the relevant authorities, for which RMS will provide the details of as and when necessary.41.3. Please note that the standard Buyers Premium may change from time to time at the discretion of RMS if the standard Buyers Premium for the auction changes. BIDDERS CONDITIONS OF BUSINESS 1. 7.2. RMS auctions held in either Paris, France; Monte Carlo, Monaco; or Milan, Italy will be conducted in EUR () and all payments are required to be made in EUR (). We are the leading online resource for information on forthcoming dates & details. Once you have satisfied the Bidder Registration Requirements, you will be able to place bids against Lot(s) at the auction.6.5. RMS is served with a lawsuit or threatened with a Dispute from a third party in relation to the Lot(s);17.1.4. Errors and inaccuracies may occur in the operation of the bid display. This site is protected by reCAPTCHA and the Google In the event of a final Hammer Price of 200.000,00 and below on all motor car Lot(s), RMS will receive a Buyers Premium of 15% (plus VAT on the Buyers Premium).9.4.2. Data Use: The Consignor agrees to allow RMS to use their personal information in accordance with RMS privacy policy. Set-Off: If the Consignor owes RMS money from this or an unrelated transaction, RMS may unilaterally retain funds to satisfy the amount owed by the Consignor. Material issues regarding the Title, registration, or transfer of Ownership that cannot be reasonably cured or RMS believes would expose it to claims or Disputes from a third party;17.1.6. Cryptocurrency: RMS has partnered with BitPay, the worlds largest provider of bitcoin and cryptocurrency payment services, to collect cryptocurrency payments via email invoice. Please note that the U.S. Prime Rate as outlined above will be adjusted daily to account for changes in the U.S. Prime Rate and may increase or decrease during the term of these Conditions of Business.14.2. Any dispute, claim, or controversy arising out of or relating to these Conditions or the breach, termination, enforcement, interpretation, or validity thereof, including the determination of the scope or applicability of these Conditions shall exclusively be subject to arbitration, and shall first be subject to mediation as a condition precedent to arbitration. The Auction Consignment Agreement (which includes the Specific Information and Specific Conditions);1.3.3. RMS auctions held in St. Moritz, Switzerland will have the following Buyers Premium:9.5.1. Listing catalog (PDF) Register to Bid Online Enter Timed Auction. Force majeure events, including but not limited to:16.1.1.1. Consumer Protection Rights: 34.1. Bidder Registration Fee. RMS may provide services including a sale facility, clerks, support staff, advertising, and promotion. Expenses and fees as outlined in these Conditions of Business include, but are not limited, to transportation, duty, storage, insurance, and taxes (collectively Expenses and Fees). RMS may, at its discretion (without any assumption of responsibility or duty toward the Consignor or the Buyer), take such steps to facilitate the reservation or transfer of any particular registration number as it thinks fit in order to assist the Consignor or Buyer, but strictly on the condition that no claim attaches to RMS for taking any such steps, whether arising out of RMS negligence or any other cause whatsoever.41. The Consignor acknowledges that the Consignor has had the opportunity to consult an attorney before signing these Conditions and has signed these Conditions after having the opportunity to consult with an attorney of their own choosing. If the Buyer exercises this right, they are advised to insure the Lot(s) until the Consignor re-takes possession of the Lot(s).ATTACHMENT #1 TO BIDDERS CONDITIONS OF BUSINESSRMS CAR SPECIALIST AS AGENT FORMThe Bidder may choose to have an RM Sothebys (RMS) Car Specialist place a bid on a Lot(s) on their behalf during the auction referenced below (Auction). RMS has the right to sell a Lot(s) at a price below the agreed verbal or written Reserve, provided that the Consignor receives the same net Proceeds under clause 8.3 as the Consignor would have received had the Reserve been met.8.5. The auction sold 54 cars for an average price of $91,595 and made $4.9 million in total sales last year, according to Hagerty. Live Auction: 18-20 August 2022 5:30 PM PDT Monterey. Lot(s) Under Temporary Import:41.1. Exclusivity: 9.1. The Bidder and, any guests in the Bidders party, acknowledge the potential risks associated with COVID-19 exposure and voluntarily assume all risks related to exposure to COVID-19.29.2. Sep 4, 2021 0 People browse a selection of cars lined up to enter the auction arena Friday for the RM Auctions sale at Auburn Auction Park. Cancellation/Rescission of Lot(s). Buyers of all non-motor car Lot(s) including, but not limited to, memorabilia, motorcycles, boats, trailers, jewelry, clothing, and automobile parts, accessories, tools, and/or engines are required to pay RMS a Buyers Premium of 20% (plus VAT on the Buyers Premium) on the Hammer Price of those particular Lot(s).9.7. If (i) the Lot(s) is sold by RMS during the term of these Conditions and (ii) there is no claim or Dispute raised by the Buyer, then RMS will make reasonable efforts to disburse the Proceeds within 21 business days after the purchase price has been received in cleared funds by RMS from the Buyer.7.3. "Last year, when RM Sotheby's came to Arizona to kick off the auction calendar, the collector car community was closely monitoring how the sale would perform after the global turmoil of 2020 and 2021," said Gord Duff, Global Head of Auctions. Bonhams Scottsdale, Arizona, Auction 2023 January 26 @ 10:00 am - 2:00 pm Image for reference only. Although the auctioneer shall be entitled to bid on the Consignors behalf in an amount not to exceed the amount of the Reserve (if applicable), the Consignor shall neither instruct nor permit any other person to bid on behalf of the Consignor for his/her/their Lot(s). No-Sale of Lot(s):15.1. Privacy Policy and Anti-Money Laundering. (Clause 5.1 to 5.1.5. collectively, the Bidder Registration Fees)5.2. Should the Consignor decide for the Lot(s) to remain in Europe when purchased, the Buyer is responsible to pay any and all import fees for the Lot(s). In the event of a final Hammer Price of 200,000.00 and below on all motor car Lot(s), RMS will receive a Buyers Premium of 15% (plus VAT on the Buyers Premium).9.6.2. The highest Bidder acknowledged by the auctioneer will be the Buyer. Please ensure that you read and understand these Bidders Conditions of Business (the Conditions of Business) prior to bidding on a motor car or any other lot (the Lot(s)) at this or any other RM Auctions, Inc.; RM Auctions Arizona, Inc.; RM Auctions Limited; RM Licenses LLC; RM Auctions Italia S.R.L. Removal of Purchased Lot(s). Buyers of all non-motor car Lot(s), including but not limited to memorabilia, motorcycles, boats, trailers, jewelry, clothing, and automobile parts, accessories, tools, and/or engines are required to pay RMS a Buyers Premium of 20% (plus VAT on the Buyers Premium) on the Hammer Price of those particular Lot(s).9.6. These Conditions of Business;1.2.2. RMS auctions held in either Fort Lauderdale, Florida; Auburn, Indiana; or Hershey, Pennsylvania will have the following Buyers Premium:9.3.1. As used in these Conditions, a Sale occurs between the Consignor and the Buyer when the hammer or equivalent device or mechanism drops on the Hammer Price or when the auctioneer awards the Lot(s) to the highest bidder (Sale). USA (800) 211-4371 Send Message Consign Item Upcoming Auctions Reviews Past Auctions Upcoming Auctions from RM | Sotheby's RM | Sotheby's has no upcoming auctions. (clauses 1.3. to 1.3.5. collectively, the Contractual Obligations)1.4. Saturday May 27th between 10am and 2pm or Sunday May 28th between 10am and 2pm. The Consignor acknowledges that, should RMS, at RMS sole discretion, determine that the Lot(s) is not safe to operate or move, RMS may rescind the consignment of the Lot(s) from the auction.13.2. RMS reserves the right to reject any bid. If the Buyer exercises this contract cancellation option, RMS is obligated to return any funds paid by the Buyer and cancel the sale. 17. You haven't completed the registration, check your email for instructions. For more information go to www.P65Warnings.ca.gov/passenger-vehicle. The definition of Business for these Conditions is a natural person or legal entity in the business of selling automobiles and acting for purposes relating to such business (Business).34.1.2. Up to a $400.00 USD registration fee for RMS auctions held in either Scottsdale, Arizona; Amelia Island, Florida; or Monterey, California. Please note that:5.2.1. Legal Action. RMS shall have the right to exercise a charge or lien on the non-sold Lot(s) or any other property belonging to the Consignor in the possession of RMS if the Consignor owes RMS money, and to apply any money due or to become due to the Consignor to the outstanding money the Consignor owes to RMS.16. If RMS contributes to the Hammer Price to meet a Reserve, the Reserve for the respective Lot(s) becomes the Hammer Price plus RMS contribution for purposes of commissions.9. SPECIFICALLY FOR RMS AUCTIONS HELD OUTSIDE OF THE UNITED STATES:33. Consignors agree that they are making use of the Services at their own risk and that the Services are being provided to the Consignors on an AS AVAILABLE and AS IS basis. If mediation is unsuccessful, the parties shall proceed to arbitration near Detroit, Michigan, before one arbitrator and all proceedings shall be conducted in English. To the fullest extent permitted by law, the Consignor agrees that the maximum liability of RMS arising out of or related to these Conditions or any claim or dispute between the parties regarding the Lot(s) or auction shall be the Sellers Commission that would have been due under clause 4.1. of these Conditions on the Lot(s) (a) Reserve; (b) if offered without Reserve, then the Lots published low estimate; or (c) if no published low estimate, then the Lots fair market value as determined by RMS.24.3. 6/17/2023. All purchased Lot(s) will be moved by RMS from the auction site immediately following the auction and, taken to a secure storage facility and the Buyer will be required to pay RMS a moving fee of up to 600.00 plus VAT per Lot(s). 26 January 2023 from 14:00 Call Bid live Details KICKING OFF THE 2023 COLLECTOR CAR AUCTION CALENDAR Opening the auction season in Arizona is an annual tradition for the classic car world. The removal fee and daily storage fee for a boat Lot(s) will be determined based on the size of the boat Lot(s) and therefore, cannot be confirmed until the boat Lot(s) is consigned. Consumer Protection Rights. The Consignor warrants that the Consignor is the sole owner of the Lot(s), and that the Consignor has full right and authority to sell the Lot(s) (Ownership).10.3. 6/19/2023. RMS may unilaterally retain funds from the Buyer if the Consignor has breached the terms outlined in these Conditions.36. As auctioneer, RMS acts as an agent for the Consignor.2. If a Lot(s) is not removed by the RMS Removal Deadline, the Buyer will be charged a removal fee of up to $750.00 USD and a daily storage fee of up to $50.00 USD until the Lot(s) is removed. Bidding at Auction. THURSDAY, 2 MARCH 2023 10:00 am - 7:00 pm PREVIEW FRIDAY, 3 MARCH 2023 10:00 am - 7:00 pm PREVIEW Yes, I want to receive event updates (FREE) SATURDAY, 4 MARCH 2023 12:00 pm AUCTION AUCTION LOCATION 4171 Amelia Island Pkwy Fernandina Beach, FL 32034 ADMISSION Admission to preview is free to the public. If mediation is unsuccessful, the parties shall proceed to arbitration in Paris, France before one arbitrator and, all proceedings shall be conducted in English. If the Lot(s) does not sell at the auction at which it was offered, the Consignor grants RMS the authority for up to 90 business days after the auction to (a) list the Lot(s) for Sale on RMS Private Sales website, (b) advertise, in other media at RMS discretion, the Lot(s) for Sale, and (c) if there was a Reserve agreed to between the parties, unilaterally sell the Lot(s) for an amount equal to or greater than the Reserve.10. RMS makes no representation or warranty of the anticipated selling price of a Lot(s), and no estimate anywhere by RMS of the selling price of a Lot(s) may be relied upon as a prediction of the actual selling price. By participating in telephone bidding, the Bidder acknowledges that RMS has the right to record all telephone calls.17. Sat 1 July 1 Artcurial - Le Mans Classic 2023 Circuit des 24 Heures Le Mans Thu 6 July 6 - July 8 Mecum Auctions - Kissimmee Summer Special 2023 Osceola Heritage Park 1875 Silver Spur Lane, Kissimmee, FL Fri 7 July 7 RM Sotheby's - The Carrera Collection Part 1: Switzerland Meilenstein Businesspark Langenthal AG Lotzwilstrasse 66, Langenthal Wed 12 If the sale is cancelled/rescinded due to non-payment, RMS will not be liable to the Bidder for any losses or damages resulting from the cancellation/rescission. 2023 Summer . Specifically, for RMS auctions held in either Paris, France; Monte Carlo, Monaco; or Milan, Italy:22.1.2.1. Assume the rights of the Consignor to pursue the Buyer for any amounts paid to the Consignor whether at law, in equity, or under these Conditions of Business. RMS auctions held in either Scottsdale, Arizona; Amelia Island, Florida; or Monterey, California will have the following Buyers Premium:9.2.1. 18. Data Use. The Bidder will only be exempt from wearing a mask while eating or, if the Bidder has been diagnosed with a medical condition that prohibits the wearing of a mask.29.5. If mediation is unsuccessful, the parties shall proceed to arbitration in London, England before one arbitrator and, all proceedings shall be conducted in English. If planning to pay via cryptocurrency the Bidder must, prior to the opening of the auction, complete all Bidder Registration Requirements and contact RMS Client Service department at clientservices@rmsothebys.com for further information on potentially utilizing BitPay to facilitate the use of cryptocurrency. Except as otherwise expressly provided herein, these Conditions of Business shall not be modified, except in writing. The Buyer is responsible for all risk of loss or damage and insurance immediately upon purchase of the Lot(s).6.9. Entire Agreement. Cars for auction include rare antique, classic, and sports & racing cars. Accordingly, to the extent permitted by applicable law, RMS excludes all expressed or implied warranties, terms, and conditions including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, and non-infringement. In the event of a non-payment, the Consignor will INDEMNIFY, DEFEND (WITH RMS SOLE CHOICE OF COUNSEL), AND HOLD RMS AND ITS AFFILIATES HARMLESS FROM ANY CLAIMS, DEMANDS, LOSSES, EXPENSES, DAMAGES, COSTS, ACTIONS, AND LIABILITIES, INCLUDING WITHOUT LIMITATION TO COURT COSTS AND ATTORNEYS FEES, OF WHATEVER KIND OR NATURE THAT MAY OR MAY NOT OCCUR, WHETHER KNOWN OR UNKNOWN, ON THE ACCOUNT OF, ARISING OUT OF, OR RELATED TO THE LOT(S), THE NON-PAYMENT, OR RMS ACTIONS TAKEN IN ACCORDANCE WITH CLAUSE 11.1. If the Lot(s) is sold, unless otherwise listed in the Specific Information or the Specific Conditions of the Auction Consignment Agreement, the Consignor agrees to pay RMS a Sellers Commission as outlined below on the Hammer Price (the last accepted bid is the Hammer Price (Hammer Price)) of the Lot(s) (Sellers Commission). Special payment arrangements can be made for multiple Lot(s) purchases which, the Buyer is welcome to discuss with an RMS representative upon completion of the auction.13.10. To the fullest extent permitted by law, the Bidder agrees that the maximum liability of RMS arising out of or related to these Conditions of Business or any claim or dispute between the parties regarding the Lot(s) or the auction shall be the Buyers Premium that would have been due under clause 9 of these Conditions of Business had the Lot(s) (a) met their reserve; (b) if offered without reserve, then the Lots published low estimate; or (c) if no published low estimate, then the Lots fair market value as determined by RMS.23.4. Explore the Amelia Auctions 2023 Auctions Select an Auction name to view the listings for only that auction Bonhams March 2, 2023 Broad Arrow . Old Goole, UK. Buyers who exercise this right is responsible for any and all expenses associated with the Lot(s) including, but not limited to, transportation, duty, storage, insurance, and taxes.34.4. Offered entirely without reserve, this collection presents over 70 motor cars, nearly 80 Cushman scooters, and hundreds of lots of automobilia and parts. 8.1. In the event of a final Hammer Price above CHF 200.000,00 on all motor car Lot(s), RMS will receive a Buyers Premium of 15% (plus VAT on the Buyers Premium) on the first CHF 200.000,00 and will receive a Buyers Premium of 12.5% (plus VAT on the Buyers Premium) on the Hammer Price above CHF 200.000,00.9.5.3. Please note RMS and BitPay reserves all rights to reject a payment with a cryptocurrency.6.2. 22.2.2. In the event of no or partial payment of the Purchase Price by the Payment Deadline, the Bidder agrees to and acknowledges that RMS has the sole discretion to do any one or any combination of the following:14.1.1. Non-Payment. If there are Disputes, claims, accusations, notices, or similar communications made by the Buyer in regard to their purchase of a Lot(s) not being authentic, being misrepresented, having an encumbered Title or registration, having an undisclosed material issue, or having a similar claim, RMS has the right to retain the Buyers funds on account and be the arbitrator as to the merit of the Buyers claims, including to cancel or rescind the Sale of the Lot(s) and reimburse the payment to the Buyer if RMS in its sole discretion deems the Buyers claims to be valid.17.2. 20. Credit Card Hold and Pre-authorization. If at the end of the auction, you are awarded the final bid on a Lot, ownership automatically changes hands at the drop of the auctioneers hammer (or equivalent device or mechanism) or the close of the Lot (Close of Lot). LIVE ONLINE AUCTION EVENT. Packing and Shipping. Bonhams Scottsdale, Arizona, Auction 2023 - Car Scene International All Events This event has passed. Any time during the auction run dates between 10am and 4pm. A 5,000.00 CC Hold for RMS auctions held in London, United Kingdom.20.3. 6.1. RMS auctions held in St. Moritz, Switzerland:22.3.1. The Reserve may be lowered at any time by the Consignor, either verbally or in writing, but it may not be raised. In order to process cryptocurrency, there is a vendor fee of 1% that is applicable to the total Purchase Price. Expenses and Fees. If RMS contributes to the Hammer Price to meet a reserve, the reserve for the respective Lot(s) becomes the Hammer Price plus RMS contribution for purposes of commissions.16. Reserve:8.1. If the Bidder does not satisfy and/or meet the Bidder Registration Requirements, RMS, at its sole discretion, may not allow the Bidder to register to bid at the auction.6.4. Material issues regarding title, registration, or transfer of ownership that cannot be reasonably cured or, RMS believes would expose it to claims or disputes from a third party; 18.1.6. Slated for a January 4-15 return to Osceola Heritage Park, Mecum Kissimmee 2023 has officially reached that goal with the consignment of its 4,000th vehicle: a 1969 Ford Mustang Boss 429 Fastback (Lot F158.1). The application of the United Nations Convention on Contracts for the International Sale of Goods (CISG) shall be excluded. The Bidders agree to allow RMS to use their personal information in accordance with RMS Privacy Policy. Structural damage to the auction venue prior to the auction that, despite reasonable efforts, restricts RMS from holding the auction in its contemplated form; and16.1.1.3. RMS will retain a Sellers Commission of 10% on all motor car lots.4.1.2. RMS will use reasonable efforts to avoid cancellation/rescission; however, RMS has the sole discretion to cancel/rescind the Sale of a Lot(s) and will not be liable to the Consignor for any losses or damages resulting from the cancellation/rescission if RMS believes the following events have occurred or have a reasonable chance of occurring:17.1.1. Taxes. If there is a discrepancy, contradiction, or question of interpretation regarding enforceability between the English version of the Conditions of Business and a version of the Conditions of Business produced in a language other than English, the English version of RMS Conditions of Business will supersede.28.2. Join Our Team! Day 1 of 2. 22.1.1. Further, all payments must be in the form of cash or certified funds unless other arrangements have been approved in advance. Racing Edge Projects Ltd, Ritchie Bros Auctioneers, RM Auctions Inc, RM Sotheby's, Silverstone Auctions Limited, The Collector Car Network, or Worldwide Auctioneers. Online-Only Auction. "[We] had a great sale, and the momentum continued to build through the rest of 2022. 9.1. Lot(s) Under Temporary Import. Buyers of all non-motor car Lot(s) including, but not limited to, memorabilia, motorcycles, boats, trailers, jewelry, clothing, and automobile parts, accessories, tools, and/or engines are required to pay RMS a Buyers Premium of 20% on the Hammer Price of those particular Lot(s).9.3. Anti-Money Laundering: The Consignor agrees to provide all information and assistance reasonably requested by RMS to comply with RMS internal anti-money laundering process and to comply with any and all anti-money laundering laws and regulations.32. RMS auctions held in either Paris, France; Monte Carlo, Monaco; or Milan, Italy will have the following Buyers Premium:9.4.1. 18.1. For further details on requirements to bid, please contact a client services representative at clientservices@rmsothebys.com.7.
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