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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 |
It sold for 1380 |
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Cheap then? John |
Well, it prob cost the buyer 1800 with fees and vat, so it's ok if you can collect from teeside within 2 days |
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You shouldn't have to pay VAT on 2nd hand bikes though should you? |
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It depends on how they are sold Kyle, if its advertised as plus vat then yes you do. |
Yep just checked thier conditions of sale |
Its an auction house - they charge the seller and the buyer for the privilege of using them, and vat gets charged on every transaction. |
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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