I was just doing some sums to see what sort of discount one could expect from buying a car at auction.
I bought my car in 2006 when it was 3 and a bit years old (ex Motability car) and paid about 41.15% of the new price according to the link above including the buyers fee, of course the new price could vary depending on the dealer who originally sold it.
Back then the buyers fee and V.A.T was 4.16% of the hammer price.
I do not know if I bought the car for much less than I could have bought it at a Garage or privately.
I just had a look and now if one were to buy a car for £7250 hammer price the charges will be at least 9.55%
The buyers fee has increased significantly and there is also a cash handling fee and a DVLA fee, if you want to buy online there is another fee.
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