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Monty 25-Oct-2006 20:55

620 DD Bike cheap
 
http://www.hbc.co.uk/cgi-bin/zyview/...ding/R=2261111

620 monster on an 05 reg crash damaged but only appears to be bits that you would take off anyway-currently at £510! with 13 hours to go.

John

phil_h 26-Oct-2006 10:07

It sold for 1380

Monty 26-Oct-2006 16:03

Quote:

Originally Posted by phil_h
It sold for 1380


Cheap then?

John

phil_h 26-Oct-2006 16:09

Well, it prob cost the buyer 1800 with fees and vat, so it's ok if you can collect from teeside within 2 days

kye 26-Oct-2006 16:17

Quote:

Originally Posted by phil_h
Well, it prob cost the buyer 1800 with fees and vat, so it's ok if you can collect from teeside within 2 days


You shouldn't have to pay VAT on 2nd hand bikes though should you?

Jon 26-Oct-2006 18:42

Quote:

Originally Posted by kye
You shouldn't have to pay VAT on 2nd hand bikes though should you?



It depends on how they are sold Kyle, if its advertised as plus vat then yes you do.

Jon 26-Oct-2006 18:45

Yep just checked thier conditions of sale

phil_h 26-Oct-2006 18:47

Its an auction house - they charge the seller and the buyer for the privilege of using them, and vat gets charged on every transaction.

Monty 27-Oct-2006 09:29

Strange, the bikes I have bought from Universal Salvage who are their competitor don't charge vat on damaged bikes. They charge a 5% commission with a minimum of £30, but they run an actual auction where you can go and see the bikes before you buy them, you can also bid over the net.

John


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