FAQ for Buyers
You can enter a bid just above the current highest bid, or, you can enter a figure that would be the highest bid you’d like to go to. In that case the system will automatically submit a slightly higher bid if someone outbids your current offer, up to your limit.
The winning bidder will pay a total of 5% on top of the winning bid value, or a minimum of £500, up to a maximum of £5000.
You can submit questions about the car to the owner on the car’s listing page.
Yes, this can be arranged with the seller. If you do meet or communicate with the seller, you must not engage in any activity to facilitate, aim or complete a transaction to purchase the vehicle outside of the nought-sixty auction site.
No. We do not inspect the cars we auction. Nought-Sixty only runs the auction, and we are not the owner of the car. It is entirely your responsibility to ascertain the details and condition of the vehicle being auctioned.
Most cars will have a reserve price set. Cars that don’t have a reserve will be displayed as such.
Once you have made a bid you are obliged to honour it. It may not be withdrawn. If you are the winning bidder you must complete the purchase and are obliged to pay the 5% premium, with a minimum of £500, and a maximum of £5000, on your winning bid.
There is no benefit to this as our auction system will automatically extend the length of the auction at the end by 2 minutes for any bids made in the last 2 minutes of the auction time. The auction will end when there are no more bids in the last two minutes, however many times extended.
When a car is sold at the end of an auction, the 5% premium (£500 minimum, £5000 maximum) payable to Nought-Sixty is automatically deducted from the winning bidder’s credit card. You will then be introduced to the seller and complete the transaction. The amount payable to the seller will be the amount of the winning bid.
Yes, we have partners we can introduce to you to make arrangements, but Nought-Sixty are not responsible for storage or transportation of the vehicle.
The seller is responsible for the accuracy of the listing, but as the buyer, it is your responsibility to satisfy yourself as to the condition and details of the vehicle before making a bid.
There are some protections under law for buyers making a purchase from traders, so we suggest you understand your consumer rights.
If a vehicle doesn’t meet its reserve price, we will give sellers the option of listing their car in our Buy it Now section.
FAQ for Sellers
Nothing, it’s free.
We do not charge any commission to sellers.
We will discuss your car’s suitability for auction with you. Not all vehicles are best served by an auction sale, and we reserve the right to select cars we deem suitable.
From when you contact us we expect to have your car listed on the website within a week. This is to some extent dependent upon photography and you providing us with all of the required documentation.
We require full details of your car's specification, it’s service history and lots of photographs. It is very important that you are honest about the car’s condition including any imperfections.
Most Apple devices now store photgraphs automatically as high efficiency files (HEIC or HEIF files). These are generally incompatible with uploading to many websites. There is an easy fix though. Just go to Settings > Camera > Formats and select Most Compatible. This will ensure your photo files are JPEGs and easily uploadable.
Yes, we will write the listing for you, and you approve it before it goes live.
Yes, we will assist you in setting an appropriate reserve for your car.
No, your car stays with you.
Yes, registered bidders can ask questions via the auction listing.
Our comprehensive listing should provide all the details a buyer needs to confidently bid on your car. If a bidder would like a viewing we will provide their details to allow you to organise it with them at a convenient time. If you do meet or communicate with the buyer, you must not engage in any activity to facilitate, aim or complete a transaction to purchase the vehicle outside of the nought-sixty auction site.
All bidders are registered on our website, and they have to undergo a credit card verification check to qualify to bid. The auction winner will automatically pay the auction premium at the close of the auction, and is legally obliged to complete the purchase with you.
Once your car is listed on our website it is expected that the auction will run to completion. If you do wish to withdraw your auction lot you will be liable to pay our full fees based on the assumption of the car selling for its agreed reserve price.
Each auction has a countdown timer. When it reaches zero the auction finishes. If a bid is made in the last 2 minutes a further 2 minutes is added to the timer to allow all interested parties to make further bids.
We can liaise with the highest bidders to see if we can complete a deal with you. You also have the option of listing the car for sale after the auction with a “buy it now” price.
We will notify you and exchange your details with the winning bidder to allow arrangements to be made for the payment and collection of your auction lot.
Payment is arranged by a suitable method between you and the buyer.
You have the option of listing your car for sale in the “Buy it now” section of our website.
We are here to help. Call or email us using the contact button on our website.