Description
On behalf of the Administrators of the W Series Race Program.
Timed Online Auction of Eleven Race Cars from the W Series
WE GO AGAIN!
Following our recent auction we have been let down by a major bidder so can now re-offer Eleven 2019 Tatuus F3 T318 open wheel race cars plus a show car. Without Reserve!
To register and bid go to our live auction page
Auction goes live on Thursday 14th March 2024 and closes on the Thursday 28th March 2024 at 11.00am. The auction closes the day before the Easter bank holiday so plan your bidding strategy beforehand.
Viewing strictly by appointment on Thursday 21st March, 9.00am to 5.00pm.
For further details contact terry.madden@wyleshardy.com (07967 508 544) or contact the Wyles Hardy Co office on 01442 832 234.
How to Register to Bid
*If you do not have an account you will need to create one when you connect to the auction.
- Click on this auction page link, which will redirect you to the auction site
- Click the “View Catalog” button,.
- Click “Register to bid”, this will take you to a sign in page where you can either sign into your account or create one.
- Follow the steps to complete your sign up – you will be asked to provide credit card details at this stage, however no payments will be taken. This is purely for verification purposes.
Please Note: A member of the Wyles Hardy team will need to approve your registration to allow you to bid. Once approved you will be able to bid by clicking on the “Bid Live Now” button.
ALSO AVAILABLE
The Race Car Spares Package (circa £400,000 at cost) will be available by Private Treaty once the Auction Sale has closed.
The package includes:
- Parts package
- Comprehensive pit stop kit
- Brembo brake pads package
- Engine parts
- Tools
A full list of around 500 pieces can be sent from the office on request.
For the package listing contact dawn.watson@wyleshardy.co.uk at the Wyles Hardy Co office on 01442 832 234.
Schedule and Notice to Purchasers
NOTICE TO PURCHASERS
Credit Card and Debit Card details are used for registration purposes. Wyles Hardy & Co. Limited DO NOT accept payment by Credit Card but do accept Debit Cards.
Viewing: Viewing and inspection of the goods included in this sale will take place by appointment 9.00 to 5.00pm on Thursday 21st March 2024 at the W Series Ltd., Building 209, Dunsfold Park, Canada Avenue, Cranleigh, GU6 8TB.
Car Parking: There is limited parking at the premises.
Damage: Person’s attending the viewing will be held liable for any damage they cause, and shall meet all costs and expenses incurred in the rectification of the damage so caused, as advised by Wyles Hardy & Co Ltd.
Bidding Process: Lots will begin to close from 11.00am UK Time on Thursday 28th March 2024 [subject to staggered timings and the normal 10 min extension] at which time all highest bids will be considered.
Acceptance of Final Bids: IMPORTANT NOTE – Acceptance of all final bids is subject to prior approval by our client. Wyles Hardy & Co Ltd reserve the right to reject any bids which they feel are insufficient. Successful bidders will be invoiced by email on Thursday 28th March 2024.
Invoicing: Please ensure that the details given are the same as those to which the invoice will be addressed (under no circumstances will invoices be altered once issued).
Instructions for Bidding: Access for bidding can be obtained through our website www.wyleshardy.com or www.bidspotter.co.uk Full bidder’s details including a valid email address must be provided in order to bid. You must be over 18 to use this service. In the event of a bid being received within 10 minutes of the scheduled closing time, the bidding period on that lot will automatically extend by a further 10 minutes and for a further 10 minutes for any bid received thereafter. When bidding do not forget to `Refresh` your screen to ensure you are aware of current bids.
Mailing List: All approved bidders will automatically have their details placed on a mailing list database for notification of futures sales undertaken by Wyles Hardy & Co Ltd only. In the event that you wish to have your details excluded from our database please notify us by email enquiries@wyleshardy.com
Buyers Premium: In addition to the sum bid the purchaser will pay a buyer’s premium of 15.0% on the hammer price plus VAT. The premium is not negotiable and will be charged to all purchasers. VAT will not be refunded on the buyers premium under any circumstances, including overseas purchasers.
Overseas Purchasers
On notification of the acceptance of an offer(s) overseas purchasers must advise if the goods are intended for export and the destination of same and provide the following information / documents:
copy of their passport and another document confirming the identity;
details of their bankers and their UK corresponding bank;
details of their shipping agents and their UK representatives.
Value Added Tax (VAT): All lots are sold exclusive of V.A.T. which will be added to the purchasers sale accounts at the rate of 20% except those lots which are zero rated for VAT purposes as indicated in the catalogue.
Non E.C. Purchasers: Purchasers must advise the intention to export their purchases on offer acceptance. VAT will be levied on all purchasers at the rate of 20%. Upon receipt of a copy of the Bill of Lading detailing the purchases, a full description of the goods purchased/exported (a simple description of “box/crate” is deemed insufficient) and confirming their export outside the E.C., the VAT will be refunded. VAT will not be refunded on the buyers premium under any circumstances, nor where the Bill of Lading is not received within 30 days of the date of invoice. If outside the 30 day timescale purchasers will need to liaise direct with HMRC.
E.C. Purchasers: Purchasers must advise the intention for goods to be subject to an interstate transfer within the E.C. and also ensure that their local VAT registration details are provided when they first register for the sale. Upon receipt of documentary evidence giving conclusive proof that the interstate transfer has taken place the VAT will be refunded. VAT will not be refunded on the buyer’s premium under any circumstances, nor where the documentary evidence of the interstate transfer taking place is not received within 30 days of the date of invoice. If outside the 30 day timescale purchasers will need to liaise direct with HMRC.
N.B. Purchasers are solely responsible for obtaining export licences, where required.
Conditions of Sale: All lots will be sold, subject to the Terms and Conditions of sale, as shown on our website and those contained within this schedule. Bidders are strongly advised to read them carefully and to re-visit the same from time to time to acquaint themselves with any amendments/additions.
Payment Terms: All purchases are to be paid in full, no later than 4.30pm UK Time on Tuesday 2nd April 2024.
Payment to be made by:
PREFERRED METHOD OF PAYMENT – Bank Transfer: (CHAPS, SWIFT etc.) to:
Account Name: Wyles Hardy & Co Clients Account
Account No: 48914576
Bank: NatWest Bank, Harrow & Watford Branch
Sort Code: 60-00-08
Debit Cards: We accept the following debit cards, Switch, Delta, Electron and Connect – we do not accept Credit Card payments. Please note that, to protect both the purchaser and our client from any fraudulent activities, Debit Card transactions will only be accepted at our Bovingdon office with the card holder present, in person and with a second form of ID.
Cash: Limited to £500 maximum transaction value, payments above this sum will not be accepted in cash.
Bankers Draft: Please note Wyles Hardy & Co. NO LONGER accept Bankers Drafts as payment for purchases.
All queries regarding payment should be directed to our enquiries@wyleshardy.com, quoting AI1037 2nd sale.
Insurance of Lots: The bidder / buyer is at risk once the buyer is notified of his successful purchases and is strongly advised to effect insurance at once, irrespective of whether title has passed. Title does not pass to the purchaser until payment has been received in full.
Buyers of motor vehicles and/or road-going powered plant are responsible for ensuring that prior to use on the road, that in all respects the vehicle complied with all legal requirements as to the construction and the use of such a vehicle and furthermore for obtaining all certificates, permits and other authorisations necessary.
Clearance of Purchases: All lots must be removed no later than Friday 12th April 2024 strictly by appointment between 9.30am and 4.30pm at the buyer’s expense. Wyles Hardy & Co Ltd do not undertake packaging, postage, delivery or shipment of goods and the bidder must make their own arrangements to comply with the clearance terms. Clearance of all lots must be undertaken in accordance with Health & Safety at Work Regulations and, where necessary, Construction Design and Management Regulations 1994. The purchaser should ensure that their contractors hold sufficient public liability insurance, copies of which should be made available to Wyles Hardy & Co Ltd if demanded.
Transfer of Lots: Wyles Hardy & Co Ltd will only accept payment from and permit removal of lots purchased by the successful purchaser or their duly appointed agent.
Wyles Hardy & Co Ltd reserve the right to refuse to accept the bid of any bidder should they be unable to satisfy Wyles Hardy & Co Ltd on any of the above.
If you agree to the Terms and Conditions and this specific Notice to Purchasers you may register for this event. Registering for this event means you agree to both the BidSpotter.co.uk website’s Terms and Conditions and also Wyles Hardy & Co Ltd’s Terms and Conditions for this Sale.
Provision of Services Information: Wyles Hardy & Co. Ltd’s (whose trading style is Wyles Hardy & Co) principal place of business is Ley Hill Road, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0NW, Great Britain.
Registered in England No. 2598566, Registered Office: 9 Bonhill Street, London EC2A 4DJ, Great Britain. VAT Registration Number: GB579 1851 94.
Please note Wyles Hardy & Co Ltd issue self-billing invoices only.
Wyles Hardy & Co. Ltd operate a complaints handling procedure which is in compliance with the requirements of the RICS.
Professional indemnity insurance is provided by Aegis E&O Consortium 4605 and 1414 at Lloyd’s, Under Binding Contract No: B1309LM2117536537, Square Mile Underwriting, 6 Lloyd’s Avenue, London, EC3N 3AX.
