The registration is free.
Submitting a vehicle is free. As soon as the auction is approved by Gyldenore, there'll be an uploading fee of 99,00 EUR (incl. VAT).
If desired Gyldenore can arrange that one of its partner photographers come take pictures of your vehicle.
This is at a total cost of 349 EUR (incl. VAT), which includes the auctioning and the photographer.
There are no additional costs.
If you win the auction, you have to pay the buyer’s fee of 5% of the selling price with a minimum of 250 EUR (excl. VAT).
There are no additional costs or fees.
Bidding is free and available after registering as bidder and authorising your credit card.
The credit card authorization is a standard process during registration as bidder. We need to able to verify your registration with your credit card.
To enable bidding Mollie (our payment partner) will charge 0 EUR on the credit card.
After this step your credit card is authorised for future biddings.
Mollie is a specialized trusted licensed payment provider, who saves your credit card details and authorizes the card when you want to bid on a vehicle. (https://www.mollie.com/en/features/security)
We accept classic, collectible, special, unique modern vehicles.
All sellers must send copies of all documents of ownership to Gyldenore and/or a contract that confirms the seller is authorized by the owner to sell the car. Gyldenore will occasionally verify the authenticity of the vehicle through video call or any other way.
If any doubt or suspicion arise during the process, Gyldenore will not allow the auction to continue. Gyldenore will not hesitate to refuse the seller and vehicle.
For more information we encourage users to look at our Terms & Conditions.
Yes, reserves can be set for vehicles. Reasonable reserve prices can be discussed with your designated account manager.
Auctions without reserve are marked with No Reserve.
This means that the highest bidder sets the final price of the vehicle. The seller has to accept the offer and the vehicle will be sold for the highest bid. The main advantage for the seller is that it attracts more bidders, since buyers know the highest bidder gets the vehicle.
No, there is no physical auction venue. But it is recommended to be prepared to show the car to potential buyers if they require a viewing of the car.
No, a system is installed in the last two minutes of the auction.
This means that if a bid takes place in the last two minutes, an additional two minutes will be added to the counter.
For example: if someone bids at 00:01:39 mark. An extra two minutes will be added. This becomes 00:03:39. This way people have enough time to outbid.
Both parties will get a confirmation mail stating that the auction has finished.
The 5% will be charged to the buyer. This will be automatically done by Mollie. After this both parties will receive each other's contact information.
Yes, we will ask the seller if he would accept a lower selling price and offer this possibility to the highest bidders if the vehicle is not sold in an auction.
You can use the comment section to ask questions or discuss anything with the seller. We can also arrange a visit between the seller and the interested party.
The minimum bid varies from vehicle to vehicle.
Standard minimum bid is 100 EUR.
The buyer pays for the transport costs, unless agreed differently. This implies as well for any other costs, for example the storage costs, VAT and duties.
Gyldenore is the host of the auction where the cars are sold as they are. But the seller is responsible for accuracy of the information. The buyer is responsible to satisfy him/herself with the information, details and conditions before placing a bid.
info [at] gyldenore.com