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General Terms and Conditions

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General Terms and Conditions (GTC)

The following terms and conditions apply to all live auctions and, accordingly, to online auctions conducted by the auction house Automobilia Auction Ladenburg.

  1. The auction is conducted – with the exception of own goods – in the name and for the account of the respective consignors (sellers) in the order of the catalogue listing. The auction items are identified by a numbering system.
  2. The auction house reserves the right to withdraw, split, call out of sequence or not auction items, as well as to exclude persons from the auction and to reject written bids without stating reasons.
  3. Inspection and examination take place prior to the auction during the times stated in the catalogue. Goods are sold as inspected. All descriptions are made to the best of our knowledge but do not constitute guaranteed characteristics within the meaning of §§ 434 ff. German Civil Code (BGB). Liability for defects is excluded to the extent permitted by law. Functionality is not tested unless explicitly stated. Lots are excluded from return. Despite the use of modern technology, images in this catalogue may contain colour deviations from the original. Colour accuracy cannot be guaranteed.
  4. Written bids should be received no later than three days before the start of the auction. The auction house may reject bidders without stating reasons. Minimum bid increments are determined by the auction house. No liability is accepted for input errors, as handwritten bids may contain mistakes, particularly for last-minute bids.
  5. The auction hammer falls after the highest bid has been called three times. Objections must be raised immediately; in such cases, the item will be called again. In the case of identical bids, the earliest bid takes precedence. With the fall of the hammer, a purchase contract is concluded between consignor (represented by the auction house) and bidder.
  6. With the hammer fall, the buyer is obliged to accept the goods. Risk transfers immediately to the buyer. It is the buyer’s responsibility to insure the items against loss, theft, damage or destruction.
  7. Ownership remains with the consignor/seller until full payment has been made. No claim for delivery exists prior to full payment.
  8. The packaging and shipping service is organised and processed internally by the auction house. Alternatively, the buyer may appoint their own shipping provider. Upon request, suitable shipping providers may be recommended or arranged. Shipping is carried out only after full payment has been received. A minimum shipping and handling fee applies per shipment: €10.00 per shipment within Germany and €20.00 per shipment for international deliveries. All additional costs, in particular packaging materials, packing effort, transport services and any additional services (e.g. insurance, special packaging, export or customs documentation), will be charged separately based on actual costs incurred.
  9. A buyer’s premium of 16% plus statutory VAT applies to the hammer price (total 19.04%). VAT on commission and ancillary costs is shown separately.
  10. Complaints must be submitted immediately, but no later than the statutory period or within 10 weeks as stated in the catalogue.
  11. In case of default in payment, statutory interest and lump-sum damages may apply. The auction house reserves the right to claim further damages. After setting a deadline with refusal notice, the buyer forfeits all rights to the hammer price; items may be resold at the buyer’s expense and the buyer is liable for any shortfall. A contractual penalty of 30% of the hammer price may be claimed for non-performance, without prejudice to proof of higher or lower damages.
  12. The auction house is entitled to collect purchase monies and ancillary claims in its own name or on behalf of third parties.
  13. Liability of the auction house is excluded to the extent permitted by law, except in cases of intent or gross negligence.
  14. These terms also apply to post-auction sales.
  15. Each visitor is liable for any damage caused. House rules apply.
  16. Copyright and usage rights for catalogue images remain with the auction house and are not transferred to the buyer. The purchaser waives any rights to these images.
  17. By placing a bid, the bidder accepts these terms and conditions as binding.
  18. The place of performance is Ladenburg.
  19. If any provision is invalid, the validity of the remaining provisions remains unaffected.
  20. Only German law and the German auction text apply.
  21. For vehicles, descriptions are based on the consignor’s report. These are classic cars; no warranty of any kind is provided.
  22. Storage fees are charged after two weeks following the auction (currently €50 per day for vehicles unless otherwise stated).


Final note
If numbering of images and text differs, the text number always prevails.

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Automobilia Ladenburg
Marcel Seidel Auktionen
Ilvesheimer Straße 26
68526 Ladenburg
Germany

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