Please read our FAQ’s for Buyers at our Marine Auctions

How do I buy something at the Marine Auction?

We look forward to welcoming you to our auction. I recommend that you read these important notes before bidding.

Sold as Seen

It is important to point this out first.

Everything is ‘Sold as Seen’ – whether viewed in person or online and no complaints on any items will be entertained. The 1979 Sale of Goods Act does not apply.

Please read the further detailed information here.

Viewing Boats

Viewing times and arrangements for each auction are here.

Boats will normally be in the harbour or in the boatyard. Occasionally, a boat may not be at the marina and is moored elsewhere. This will be made clear on our website.

Please check before travelling any distance.

Viewing Small / Miscellaneous Items

These items will only be available to view on the day of the auction. Please click here for further details.

Catalogues

Ramsgate Marina

Catalogues are available from the Harbour Office on the auction day. A small charge is made for a catalogue and this is donated to the RNLI.

Bidding

Online Auctions

Please click here for details on how the register to view and bid in our online marine auctions.

Physical Auctions at Ramsgate Marina

If you are thinking of bidding in the auction you must register to bid first in the Harbour Office.

Complete a ‘Bidders Registration Form’. You will also be asked to provide a form of ID such as your driving licence or passport. You will then be given a bidders number.

Bidding is easy. Just hold your hand up so the auctioneer can clearly see you.

It’s not all nods and winks! Try not to be nervous and don’t think that everyone is watching you. They’re not. They’re watching me!

If you are the last bidder when the hammer falls, you’ve been successful and bought it! (See Note 1 below)

Hold up your bidding number so the auctioneer can see it.

Please remember that bidding in auction forms a legally binding contract.

Buyer’s Premium

All purchases at the auction are subject to 12.5% + VAT Buyer’s Premium. (VAT is on the Buyer’s Premium, not the item/boat).

A minimum Buyer’s Fee of £100 plus VAT applies to boats only.

Examples:

Buy an outboard motor for £100 — Buyers Premium £12.50 + VAT (= £15.00) — Invoice total £115

Buy a boat for £500 Buyers fee £100 + VAT (= £120) — Invoice total £620

Buy a boat for £10,000 Buyers fee £1,250 + VAT (= £1,500) — Invoice total £11,500

Payment

Payment must be made in full and without exception within two hours of the sale ending.

Payment must be made by payment card in the harbour office.

We do not accept cash, cheques, American Express or bank transfers.

Collection of Miscellaneous Items

All miscellaneous items must be removed as soon as you have paid for them. There are no storage facilities at the marina and miscellaneous items cannot be left at the marina.

Collection of Boats

Ramsgate Marina

Ramsgate Marina will kindly give buyers of boats two weeks to remove them or agree to take up a mooring at the marina. After the two-week period, you will be charged at the Marina’s standard rate. Please speak to the Ramsgate Marina Harbour Office for up-to-date moorage rates.

Note 1: Provisional Bids

Occasionally you may hear the auctioneer refer to a bid as a ‘provisional bid’.

This simply means that that particular LOT may have a reserve price in place and the bidding has not quite reached the seller’s expectations.

In this case, we may need to negotiate further with the seller (and possibly the bidder) to confirm the sale price. Provisional bids are usually accepted outright without further negotiation. Buyers are legally bound by a provisional bid in the event that the seller agrees to the sale.