How is the total cost of an item worked out?

Please refer to our Final Price Calculator for an approximate total.

This takes into account the Hammer Price (the bid you placed), the Buyers’ Premium (21%), the Internet Service Charge (3.5%) and the VAT on fees – VAT is also added to the Hammer Price if the item is marked as ‘V’ in the product listing.

Late payments face an increased Buyers’ Premium.