Lot

316

1979 Toyota Celica GT RA40 Group 4 Ex-Works WRC Rally Car - Ex-Björn Waldegård

In The Classic Sale at Silverstone Festival 2023

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1979 Toyota Celica GT RA40 Group 4 Ex-Works WRC Rally Car - Ex-Björn Waldegård
1979 Toyota Celica GT RA40 Group 4 Ex-Works WRC Rally Car - Ex-Björn Waldegård - Image 1 of 10
1979 Toyota Celica GT RA40 Group 4 Ex-Works WRC Rally Car - Ex-Björn Waldegård - Image 2 of 10
1979 Toyota Celica GT RA40 Group 4 Ex-Works WRC Rally Car - Ex-Björn Waldegård - Image 3 of 10
1979 Toyota Celica GT RA40 Group 4 Ex-Works WRC Rally Car - Ex-Björn Waldegård - Image 4 of 10
1979 Toyota Celica GT RA40 Group 4 Ex-Works WRC Rally Car - Ex-Björn Waldegård - Image 5 of 10
1979 Toyota Celica GT RA40 Group 4 Ex-Works WRC Rally Car - Ex-Björn Waldegård - Image 6 of 10
1979 Toyota Celica GT RA40 Group 4 Ex-Works WRC Rally Car - Ex-Björn Waldegård - Image 7 of 10
1979 Toyota Celica GT RA40 Group 4 Ex-Works WRC Rally Car - Ex-Björn Waldegård - Image 8 of 10
1979 Toyota Celica GT RA40 Group 4 Ex-Works WRC Rally Car - Ex-Björn Waldegård - Image 9 of 10
1979 Toyota Celica GT RA40 Group 4 Ex-Works WRC Rally Car - Ex-Björn Waldegård - Image 10 of 10
1979 Toyota Celica GT RA40 Group 4 Ex-Works WRC Rally Car - Ex-Björn Waldegård
1979 Toyota Celica GT RA40 Group 4 Ex-Works WRC Rally Car - Ex-Björn Waldegård - Image 1 of 10
1979 Toyota Celica GT RA40 Group 4 Ex-Works WRC Rally Car - Ex-Björn Waldegård - Image 2 of 10
1979 Toyota Celica GT RA40 Group 4 Ex-Works WRC Rally Car - Ex-Björn Waldegård - Image 3 of 10
1979 Toyota Celica GT RA40 Group 4 Ex-Works WRC Rally Car - Ex-Björn Waldegård - Image 4 of 10
1979 Toyota Celica GT RA40 Group 4 Ex-Works WRC Rally Car - Ex-Björn Waldegård - Image 5 of 10
1979 Toyota Celica GT RA40 Group 4 Ex-Works WRC Rally Car - Ex-Björn Waldegård - Image 6 of 10
1979 Toyota Celica GT RA40 Group 4 Ex-Works WRC Rally Car - Ex-Björn Waldegård - Image 7 of 10
1979 Toyota Celica GT RA40 Group 4 Ex-Works WRC Rally Car - Ex-Björn Waldegård - Image 8 of 10
1979 Toyota Celica GT RA40 Group 4 Ex-Works WRC Rally Car - Ex-Björn Waldegård - Image 9 of 10
1979 Toyota Celica GT RA40 Group 4 Ex-Works WRC Rally Car - Ex-Björn Waldegård - Image 10 of 10
120,000 GBP

One of the last surviving WRC Toyota Team Europe (TTE) Celica RA40, highly original, sympathetically restored and offered to market for the first time in over 30 years.


Excitingly for rally enthusiasts, Toyota made their return to the FIA World Rally Championships in 2017, overseen by rally superstar Tommi Mäkinen as team principal. The WRC began in 1973, unifying numerous rally events held independently around the world into a single series to create a world championship. Toyota have competed in the WRC from the very beginning, having a long and illustrious history winning four drivers’ and three manufacturers’ championships.

The origins of Toyota’s involvement in rallying dates to the late 1950s with involvement in the Round Australia Trial, then competitively at the Monte Carlo Rally, and with much success following in the South African National Rally Championship.

The sporty new Celica range was introduced in the early 1970s, with Swedish driver Ove Andersson chosen to compete in a Japanese-prepared 1600GTV (TA22) at the 1972 RAC Rally in Europe, finishing a respectable ninth place. At this point, Toyota established a more formal team – Toyota Team Andersson. The team consisted of only four mechanics, and was initially run from Andersson’s home in Sweden, before moving to a more central headquarters in Belgium after the prospect of an ongoing programme of international rallying events arose. This is where the official name, Toyota Team Europe (TTE), was adopted in 1975 (now known as Toyota Motorsport GmbH).

With the start of the WRC in 1973, a long debate started about the most suitable Toyota model to use in this competition. The team in Belgium knew that the Corolla possessed superior speed and handling abilities (with Canadian Walter Bruce in 1973 driving such an example to the first ever WRC victory for Toyota in the American POR Rally), though the Toyota Celica conveyed the desired sporting image.

The 'Corolla vs Celica' debate continued throughout 1976, with TTE continuing to run the Corolla and Celica alongside each other, deciding which vehicle to race based on the nature of the event it would compete in. The Celica proved itself the more competitive machine, and by 1977 the Corolla was phased out and only used occasionally. For the rest of the 1970s, throughout the 1980s (from 1983 to 1986, the Group B Celica Twin Cam Turbo TA64 won all six WRC events in Africa they entered) and onward (after the demise of Group B, the Celica GT-Four competed in Group A rallying racing from 1988 to 1997), the Celica firmly established its rallying prowess. In Group A, the car won two manufacturer's titles and four driver's titles; Carlos Sainz was its most successful driver, winning WRC titles with the ST165 in 1990 and the ST185 in 1992. The ST185 also won the 1993 and 1994 titles with Juha Kankkunen and Didier Auriol respectively. The ST185's fourth consecutive Safari Rally victory came in 1995, which was also Toyota's eighth victory in this event. The Celica pedigree as a rallying machine is undeniable.

We are privileged to be able to offer for sale one the very last surviving ex-Toyota Team Europe 1979 Toyota Celica GT RA40 Group 4 WRC rally car, the actual example driven by Björn Waldegård, the WRC’s first drivers’ champion, on the 1980 Lombard RAC Rally. This car is thought to be one of just a handful of such examples built and campaigned by Toyota for only a six-month period or so whilst competing in the WRC. This car, chassis #TA40000100666, as the last of its kind has, in recent times, inspired the creation of a faithful well-respected replica example, which is very well-known to the historic rallying fraternity, and is regularly campaigned and seen at such places as the Goodwood Speed Week.

The original works car was built by Toyota Team Europe (TTE) in Cologne and first registered in Germany, bearing assigned ‘K-AE 3460’. The car’s international rallying career began in May 1980 at the WRC Acropolis International Rally, with Andersson Ove and Liddon Henry finishing sixth overall. The car was then used in August 1980 by Tapio Rainio and Erkki Nyman on the WRC 1000 Lakes International Rally in Finland to finish 7th overall.

The car’s next outing in November 1980 saw the, then, reigning World Rally Champion, Björn Waldegård, drive it in the WRC Lombard RAC International Rally of Great Britain accompanied by Hans Thorszelius. A competitive drive saw them leading until their retirement in the Grizedale stage, and records show that they set fastest time on four of the 70 special stages.

In early February 1981, the motoring press announced (see attached article) that Toyota GB would be opening their own motorsport programme, based in their new competition department and preparation workshop in South London. They announced that they would enter Per Eklund in the full Group 4 Celica in all rounds of the Open Championship. The article went on to further confirm that the car to be used throughout the season was the same car that Björn Waldegård had used on the previous year’s RAC Rally. Initially, #TA40000100666 was assigned the UK-registration ‘FYY 48W’ and competed in the 1981 Mintex International Rally driven by Per Eklund with Spjuth Ragnar, who were third overall but were dropped down to 11th overall due to penalties awarded by the organisers.

The car was subsequently assigned the Guernsey registration ‘G-23484’ and competed in the following events (in addition to the 1981 Rally Sprint): 1981 Circuit of Ireland International Rally (Per Eklund/Frank Main) to sixth overall, 1981 West Park International Welsh Rally (Per Eklund/Frank Main) Retired, 1981 Lombard Scottish International Rally (Per Eklund/Frank Main) to ninth overall, 1981 Rothmans Manx International Rally (Per Eklund/Frank Main) Retired, and Pace Petroleum National Rally (Per Eklund/Frank Main) to sixth overall.

In November 1981, the car was advertised in Autosport (see attached) by Toyota (GB) Limited, the advert confirming that Per Eklund had used it during that season and that Björn Waldegård had also used it at the end of the previous season. The car was offered for sale without its engine. Because the new-shape Celica was not available at the start of 1982, #TA40000100666 was pressed into service one more time in the February 1982 Mintex International Rally, crewed by Per Ekland and Dave Whitlock, but retired early. In 1983, according to the vehicle registration organisation in Guernsey, #TA40000100666 was removed from their register and subsequently reassigned the aged-related UK-registration ‘BPA 857Y’ which it has retained for the last 40-years.

Our vendor purchased #TA40000100666 over 30-years ago and has lovingly maintained it, preserving its original body panels/components and curating its history file. Considering the international events it competed in, it maintains most of its original features, including its bodyshell. Despite competing on some of the roughest events of its time, such as the Acropolis and Scottish rallies, it remained solid with only a little TLC required. Over a period, it has been sensitively restored. Over the past ten years or so, #TA40000100666 has been used for non-competitive demonstration events, such as the Donington Park Historic Festival, Rally of the Midlands, Oulton Park Gold Cup, Lombard Bath, Mintex Rally Yorkshire and Rally Day.

The engine fitted is a lightened and balanced, 18RG in-line, four-cylinder unit with twin o

Click here for more details and images

One of the last surviving WRC Toyota Team Europe (TTE) Celica RA40, highly original, sympathetically restored and offered to market for the first time in over 30 years.


Excitingly for rally enthusiasts, Toyota made their return to the FIA World Rally Championships in 2017, overseen by rally superstar Tommi Mäkinen as team principal. The WRC began in 1973, unifying numerous rally events held independently around the world into a single series to create a world championship. Toyota have competed in the WRC from the very beginning, having a long and illustrious history winning four drivers’ and three manufacturers’ championships.

The origins of Toyota’s involvement in rallying dates to the late 1950s with involvement in the Round Australia Trial, then competitively at the Monte Carlo Rally, and with much success following in the South African National Rally Championship.

The sporty new Celica range was introduced in the early 1970s, with Swedish driver Ove Andersson chosen to compete in a Japanese-prepared 1600GTV (TA22) at the 1972 RAC Rally in Europe, finishing a respectable ninth place. At this point, Toyota established a more formal team – Toyota Team Andersson. The team consisted of only four mechanics, and was initially run from Andersson’s home in Sweden, before moving to a more central headquarters in Belgium after the prospect of an ongoing programme of international rallying events arose. This is where the official name, Toyota Team Europe (TTE), was adopted in 1975 (now known as Toyota Motorsport GmbH).

With the start of the WRC in 1973, a long debate started about the most suitable Toyota model to use in this competition. The team in Belgium knew that the Corolla possessed superior speed and handling abilities (with Canadian Walter Bruce in 1973 driving such an example to the first ever WRC victory for Toyota in the American POR Rally), though the Toyota Celica conveyed the desired sporting image.

The 'Corolla vs Celica' debate continued throughout 1976, with TTE continuing to run the Corolla and Celica alongside each other, deciding which vehicle to race based on the nature of the event it would compete in. The Celica proved itself the more competitive machine, and by 1977 the Corolla was phased out and only used occasionally. For the rest of the 1970s, throughout the 1980s (from 1983 to 1986, the Group B Celica Twin Cam Turbo TA64 won all six WRC events in Africa they entered) and onward (after the demise of Group B, the Celica GT-Four competed in Group A rallying racing from 1988 to 1997), the Celica firmly established its rallying prowess. In Group A, the car won two manufacturer's titles and four driver's titles; Carlos Sainz was its most successful driver, winning WRC titles with the ST165 in 1990 and the ST185 in 1992. The ST185 also won the 1993 and 1994 titles with Juha Kankkunen and Didier Auriol respectively. The ST185's fourth consecutive Safari Rally victory came in 1995, which was also Toyota's eighth victory in this event. The Celica pedigree as a rallying machine is undeniable.

We are privileged to be able to offer for sale one the very last surviving ex-Toyota Team Europe 1979 Toyota Celica GT RA40 Group 4 WRC rally car, the actual example driven by Björn Waldegård, the WRC’s first drivers’ champion, on the 1980 Lombard RAC Rally. This car is thought to be one of just a handful of such examples built and campaigned by Toyota for only a six-month period or so whilst competing in the WRC. This car, chassis #TA40000100666, as the last of its kind has, in recent times, inspired the creation of a faithful well-respected replica example, which is very well-known to the historic rallying fraternity, and is regularly campaigned and seen at such places as the Goodwood Speed Week.

The original works car was built by Toyota Team Europe (TTE) in Cologne and first registered in Germany, bearing assigned ‘K-AE 3460’. The car’s international rallying career began in May 1980 at the WRC Acropolis International Rally, with Andersson Ove and Liddon Henry finishing sixth overall. The car was then used in August 1980 by Tapio Rainio and Erkki Nyman on the WRC 1000 Lakes International Rally in Finland to finish 7th overall.

The car’s next outing in November 1980 saw the, then, reigning World Rally Champion, Björn Waldegård, drive it in the WRC Lombard RAC International Rally of Great Britain accompanied by Hans Thorszelius. A competitive drive saw them leading until their retirement in the Grizedale stage, and records show that they set fastest time on four of the 70 special stages.

In early February 1981, the motoring press announced (see attached article) that Toyota GB would be opening their own motorsport programme, based in their new competition department and preparation workshop in South London. They announced that they would enter Per Eklund in the full Group 4 Celica in all rounds of the Open Championship. The article went on to further confirm that the car to be used throughout the season was the same car that Björn Waldegård had used on the previous year’s RAC Rally. Initially, #TA40000100666 was assigned the UK-registration ‘FYY 48W’ and competed in the 1981 Mintex International Rally driven by Per Eklund with Spjuth Ragnar, who were third overall but were dropped down to 11th overall due to penalties awarded by the organisers.

The car was subsequently assigned the Guernsey registration ‘G-23484’ and competed in the following events (in addition to the 1981 Rally Sprint): 1981 Circuit of Ireland International Rally (Per Eklund/Frank Main) to sixth overall, 1981 West Park International Welsh Rally (Per Eklund/Frank Main) Retired, 1981 Lombard Scottish International Rally (Per Eklund/Frank Main) to ninth overall, 1981 Rothmans Manx International Rally (Per Eklund/Frank Main) Retired, and Pace Petroleum National Rally (Per Eklund/Frank Main) to sixth overall.

In November 1981, the car was advertised in Autosport (see attached) by Toyota (GB) Limited, the advert confirming that Per Eklund had used it during that season and that Björn Waldegård had also used it at the end of the previous season. The car was offered for sale without its engine. Because the new-shape Celica was not available at the start of 1982, #TA40000100666 was pressed into service one more time in the February 1982 Mintex International Rally, crewed by Per Ekland and Dave Whitlock, but retired early. In 1983, according to the vehicle registration organisation in Guernsey, #TA40000100666 was removed from their register and subsequently reassigned the aged-related UK-registration ‘BPA 857Y’ which it has retained for the last 40-years.

Our vendor purchased #TA40000100666 over 30-years ago and has lovingly maintained it, preserving its original body panels/components and curating its history file. Considering the international events it competed in, it maintains most of its original features, including its bodyshell. Despite competing on some of the roughest events of its time, such as the Acropolis and Scottish rallies, it remained solid with only a little TLC required. Over a period, it has been sensitively restored. Over the past ten years or so, #TA40000100666 has been used for non-competitive demonstration events, such as the Donington Park Historic Festival, Rally of the Midlands, Oulton Park Gold Cup, Lombard Bath, Mintex Rally Yorkshire and Rally Day.

The engine fitted is a lightened and balanced, 18RG in-line, four-cylinder unit with twin o

Click here for more details and images

The Classic Sale at Silverstone Festival 2023

Sale Date(s)
Lots: 301..350
Lots: 401..514
Lots: 600..757

To be confirmed

Important Information

 

Buyers Premium Automobila - 

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Automobilia is 20% plus VAT (24% including VAT) and registration numbers are 10% plus VAT (12% inluding VAT)

 

Please note – admission to the auction hall is by catalogue only. Catalogues will be available to purchase at the auction for £10, each catalogue admits two.

 

Viewing

Viewing is available at The Wing, Silverstone Circuit, Towcester NN12 8TN

 

Friday 25th August - 09:00 – 17:30

 

Saturday 26th August - 09:00 – 17:30

 

Sunday 27th August - 10:00 – 16:00

 

Auctions

Friday 25th August

Competition Cars - 1pm

Automobilia - 3.30pm

 

Saturday 26th

Collectors cars - 11am

The auctioneer will aim to sell approximately 60 automobilia lots per hour, and 25 vehicles per hour.

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To gain access to the auction, you will require a ticket to the Silverstone Festival. Admission to the event is not included in the price of the catalogue. Auction visitors can get a 10% discount by using the following codes 23ICONICAUC for single day tickets and WE23ICONICAUC for weekend tickets. Event tickets are available to purchase at https://www.silverstone.co.uk/events/silverstone-festival/prices

Collection

Vehicles

All cars must be removed from the venue between 9am and 2pm on Monday 28th August. Full payment must be received before any items are available to be released.

 

Our transport partner, EM Rogers, can assist with collection and delivery. Please contact them on +44 (0) 1604 755511 or trafficdesk@emrogers.co.uk for a quote.

 

Any cars not collected by 2pm on Monday 28th August will be taken to EM Rogers storage facility in Northampton for a fee of £175 + VAT. Storage will be charged at £10 + VAT per day from the Monday onwards.

 

A member of the administration team will contact you to confirm your transport plans after the auction. If we do not hear back from you by 9am on Monday 28th August, we will arrange for our transport partner to collect the vehicle on your behalf.

 

Automobilia

 

Automobilia can be collected from the auction hall on the day of the auction, between 9.00am and 5pm on Sunday 27th August or on Monday 28th August between 9am and midday by prior appointment. After this time, it can be collected from our offices in Warwickshire or shipped to you at your expense.

 

 

Terms & Conditions

Iconic Auctioneers Terms & Conditions July 2023 – General

These Terms and Conditions should be read in conjunction with the Terms and Conditions specific to Buyers and Sellers.

GENERAL

The following Terms (“Terms”) together with such other terms, conditions and notices as may be set out in any relevant catalogue apply to all live sales by Iconic Auctioneers Limited (registered company number 07464860), The Forge, Harwoods House, Banbury Road, Ashorne, CV35 0AA (“IA”) at auction or within 14 days after the auction.

No alteration to the Terms will be binding unless accepted by IA in writing. The Terms may be amended by IA provided it is reasonable for it do so by the posting of notices prior to or during the sale. Nothing in the Terms shall affect the statutory rights of a consumer.

Additional information applicable to the Auction may be set out in the Catalogue for the Sale, in an insert in the Catalogue and/or in a notice displayed in the Auction Hall or via the website. Buyers should be alert to the possibility of changes.

IA acts solely for and in the interests of the Seller. IA’s duty is to sell the Lot at the highest price obtainable at the Auction to a Buyer. IA does not act for Buyers in this role and does not give advice to Buyers. When IA or its employees make statements about a Lot it is doing so as agent for the Seller of the Lot. Buyers who are themselves not expert in the Lots are strongly advised to seek and obtain independent advice on the Lots and their value before bidding for them. This may include inspecting the Lot where available.

DEFINITIONS

1. In these Terms:

1.1 “Auction” means the auction sale in respect of which a Lot is made available for sale.

1.2 “Auctioneer” means the representative of IA conducting the Auction or their agent nominated to do so.

1.3 “Automobilia” means any memorabilia including but not limited to trophies, badges, programmes, models, prints and other collectables.

1.4 “Buyer” means the person whose bid is accepted by IA to conclude the contract for the purchase of a Lot.

1.5 “Buyer’s Premium” means the amount payable by the Buyer to IA, calculated by reference to the hammer price and payable in addition to it.

1.6 “Catalogue” means the list of lots relating to the relevant Auction and includes any webpage advertisement, brochure, estimate, price list or other publication relating to one or more Lots.

1.7 “Contract” means the legal agreement between the Buyer and the Seller made on the successful bid of the Buyer on which the Lot is sold to them.

1.8 “Cataloguing Fee” means the sum payable by the Seller for each Lot entered into the Auction in respect of photography, script writing and marketing costs.

1.9 “Estimate” means a statement of our opinion of the range within which we think the Hammer Price for the Lot is likely to be. It should not be relied on as an indication of actual selling price or value of a Lot and does not take into account Buyer’s Premium or VAT.

1.10 “Expenses” means IA’s charges and expenses payable by the Seller in addition to the Seller’s Commission including insurance, storage, illustrations, cataloguing fee, cleaning costs, special advertising, packing and freight of that Lot and any VAT thereon.

1.11 “Hammer Price” means the price in pounds sterling at which a Lot is sold by the Auctioneer to the Buyer.

1.12 “Live Sale” means a sale open to the public for viewing and bidding in the room, conducted by an Auctioneer.

1.13 “Lot” means any item(s) consigned to IA with the view to its or their sale at Auction.

1.14 “Motor Vehicle” means any car or motorcycle included or proposed to be included in an auction together with spares, tools, documentation etc. stated as being part of the Lot.

1.15 “No Reserve” means there is no minimum price at which the Lot may be sold.

1.16 “Purchase Price” means the Hammer Price together with the Buyer’s Premium and any additional charges due plus VAT.

1.17 “Reserve” means the minimum price agreed between IA and the Seller at which a Lot may be sold.

1.18 “Sale Proceeds” means the net amount due to the Seller being the Hammer Price less the Seller’s Commission and VAT, Expenses and any other amount due to IA from the Seller.

1.19 “Seller” means the person who offers the Lot for sale, whether as agent or principal.

1.20 “Seller’s Commission” means the amount payable by the Seller to IA, calculated by reference to the hammer price.

1.21 “VAT” means Value Added Tax applicable at the prevailing rate at the date of the transaction (currently 20%).

1.22 “Working Day” means any day (other than a Saturday and Sunday) at which clearing banks in the city of London are open for the transaction of normal sterling banking business.

2. AGENT

IA sells as agent for the Seller (except where IA is selling as principal, which IA will disclose in the Catalogue or otherwise in the Auction). The Contract for the sale of a Lot is between the Seller and the Buyer. IA shall not be liable for any act or default by the Seller (except where selling as principal) or the Buyer.

3. LOSS OR INJURY

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4. GOVERNING LAW

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7.2 If any clause or part of any clause contained in the terms and conditions is held to be unenforceable or invalid this shall not affect the enforceability or validity of the remaining clause/s.

Iconic Auctioneers Terms & Conditions July 2023 – Buyers

These terms and conditions should be read in conjunction with the General Terms & Conditions.  

IA acts solely in the interest of the Seller – to sell the lot at the highest price obtainable for the Seller. IA does not act for Buyers or Bidders and does not give advice to Buyers or Bidders. Any statements made regarding a Lot are made on behalf of the Seller. Bidders and Buyers who are themselves not expert in the Lots are advised to seek independent advice regarding their lots and their value before bidding.

1. LOTS

1.1 The Catalogue contains details about each Lot. The description contained in the Catalogue, which may be online, is given on behalf of the Seller, from information supplied by the Seller for which IA is not responsible. Mileage is correct at time of cataloguing.

1.2 Photographs, Illustrations and diagrams contained in the Catalogue are for identification purposes only. They may not show the true condition and colour (which may be inaccurately reproduced) of the Lot.

1.3 It is for any potential bidder to satisfy themselves as to each and every aspect of a Lot, including its originality, authorship, condition, provenance, history, background, authenticity, style, period, age, suitability, quality, roadworthiness (if relevant), origin, value and estimated selling price (including the Hammer Price), via the information provided online or in any Catalogue. No description of a Lot carries with it an implication that it is fit for any particular purpose.

1.4 Each Lot is sold by its respective Seller to the Buyer. Lots are sold to the Buyer on an “as is” basis, with all faults and imperfections and no warranty.

1.5 The actual condition of a Lot may not be as good as its outward appearance suggests. In particular, parts may have been replaced or renewed and those parts may not be original or of “Satisfactory Quality’. The inside of a Lot may not be visible where, for example, it is covered by upholstery or material, and may not be original or may be damaged, have been damaged or poorly repaired. Given the age of some Lots, no assumption should be made with regard to any aspect of its condition.

1.6 Any person who physically interferes with, scratches or damages the Lot in any way (before or after the Auction) will be held liable for the loss so caused.

1.7 Lots market with an Asterix (*) are either owned or partly owned by IA or an employee of IA.

2. ALTERATIONS AND ESTIMATES

2.1 Estimates and descriptions may be amended at IA’s discretion from time to time by notice given orally or in writing before or during an Auction.

2.2 The Lot will be available to view either via the information provided online or at the Auction venue. Any potential bidders must form their own opinion in relation to the Lot.

2.3 IA gives no warranty or representation as to the anticipated or likely selling price of any Lot. Any estimate given, whether written or oral and whether or not contained in any Catalogue, as to the estimated selling price of any Lot is a statement of opinion only and may be subject to revision from time to time at IA’s sole discretion and should not be relied upon as an indication of the actual selling price.

2.4 IA has no duty to the Buyer to investigate the accuracy of the description of any Lot provided by or on behalf of the Seller.

2.5 If there is a Reserve it will be no higher than the lower figure for any Estimate in the catalogue.

3. BIDDING AND RESERVES

3.1 You must be 18 or over in order to bid. You should keep your account details strictly confidential and not permit any third party to access your account on your behalf or otherwise. You will be liable for any and all bids made via your account.

3.2 In order to bid in the auction potential buyers must register for either a bidding paddle, a telephone or commission bid or register via our website or The Saleroom to bid online. All relevant information must be completed and ID requirements met for your bid to be processed. You should not let anyone else use your paddle. The name and address in which you register will be the name and address on your invoice, if successful, and cannot be amended once issued.

3.3 IA may refuse to accept bids from any person who has not registered via one of the methods in clause 3.1. Buyers are directed to the requirements in place regarding registration before the registration process can be completed.

3.4.1 IA reserves the right to decline to register bidders and decline to accept their bids if they have been so registered.

3.5 Buyers should ensure they have the necessary funds available to pay before bidding.

3.6 The Auction will be conducted in line with the terms and conditions.

3.7 You cannot reduce or cancel a bid once it has been placed with the Auctioneer and it is the Auctioneers decision as to whether a bid has been validly made.

3.8 A Contract of sale is made between the Seller and the Buyer on the acceptance of a bid by the fall of the Auctioneer’s hammer. IA is not a party to the Contract. The Buyer will be liable to pay the Purchase Price which is the Hammer Price plus the Buyer’s Premium and any applicable VAT. 

3.9 Bids placed within one hour of the auction commencing are not guaranteed to be processed. We recommend you call the office on +44 (0) 1926 691 141 and ask for your bid to be checked.

3.10 If two or more bidders submit identical bids for a Lot, the first bid received takes preference.

3.11 Telephone and commission bids are placed at your own risk. We cannot accept liability for failure to receive or place such bids.

3.12 If you are bidding as agent on behalf of another party you must disclose this fact when you register to bid and provide information as required for identification checks on that third party. Where your bid is successful you are jointly and severally liable with the third party for the full amount owing to us.

4. THE BUYER

4.1 Any doubt as to the Hammer Price or Buyer must be brought to the Auctioneers attention immediately. Any dispute as to any bid shall be settled by the Auctioneer at his/her absolute discretion. Every bidder shall be deemed to act as principal unless prior to the commencement of the Auction there is a written acceptance by IA that a bidder acts as agent on behalf of the named principal, and that its principal has agreed to and/or is bound by these Conditions; in which case he shall be jointly liable with the principal under these Conditions.

5. BUYER’S PREMIUM

5.1 The Buyer shall pay the Buyer’s Premium to IA at the following rates on the hammer price: Motor Cars - 12.5% (plus VAT) on the first £300,000 of the hammer price and 10% (plus VAT) on the balance thereafter, Motorcycles – 15% plus VAT, Automobilia and Lifestyle items - 20% (plus VAT) and Number Plates - 10% (plus VAT). The Buyer acknowledges that IA may also receive the Seller’s Commission due to IA.

5.2 VAT may also be payable on the hammer price of a Lot. Any lots will be clearly marked as such in the catalogue description as follows:

†    VAT on hammer price and buyer’s premium at the prevailing rate

Ω   VAT on imported items on the hammer price and buyer’s premium at the prevailing rate*

●     VAT on imported items at a rate of 5% on the hammer price and buyer’s premium plus the prevailing rate on the buyer’s premium*

○     VAT on imported items on the hammer price and buyer’s premium at the prevailing rate, plus 10% duty on the hammer price*

Note - * This import VAT is not payable by buyers exporting to the EU. However, import VAT will be due in the country you are exporting to.

All other Lots will be sold using the Auctioneers Margin Scheme (VAT Notice 718/2). VAT will not be charged on the hammer price. The VAT on the buyer’s premium will not be split out on the invoice and cannot be reclaimed by UK VAT registered businesses or individuals. Purchases being exported to the EU within 3 months of the auction date will be zero rated purchases. It is the Buyers responsibility to provide evidence of export within the time specified. Failure to do so will result in the VAT becoming payable to IA immediately.

5.3 Further duties and VAT may be applicable on exporting Lots from the UK. It is the responsibility of the Buyer to settle these charges.

6. PAYMENT

6.1 Once a lot is sold, the Purchase Price shall become immediately payable to IA.

6.2 Full payment for all Lots must be made to IA by 5:00pm the next Working Day. Payment should be made by bank transfer and can only be accepted in GBP. Payment by card can only be made in person up to £20,000 by debit card and £5,000 by credit card. We do not accept AMEX or cash.

6.3 No Lot may be collected until the Purchase Price has been received by IA and payments by a Buyer to IA may be applied by IA towards any such sums due from that Buyer to IA on any account whatsoever notwithstanding any directions to the contrary by the Buyer or his agent whether express or implied.

6.4 Title to the Lot will pass to the Buyer only when the Purchase Price in cleared funds has been received by IA.

6.5 Immediately a Lot is sold the risk shall pass to the Buyer notwithstanding that possession will not be given and title will not pass to the Buyer before payment of the Purchase Price.

6.6 The Buyer shall, at his/her own expense, remove the Lot purchased but not before payment in full to IA of the Purchase Price whether in respect of this or any other Lot. The Buyer must collect the vehicle or arrange for its delivery in accordance with the terms in the Key Sale Information in the Auction Catalogue.

6.7 It is the Buyers responsibility to comply with all export and import regulations relating to the Lot and to settle any applicable taxes and duties.

7. INSURANCE

7.1 Only on payment of the Purchase Price in cleared funds shall title in the Lot pass from the Seller to the Buyer. However, the risk in the Lot passes to the Buyer as soon as the Lot is sold to the Buyer. The Lot is sold when the highest bid is accepted by the Auctioneer. It is therefore the responsibility of the Buyer to insure the Lot from the fall of the hammer.

8. RESPONSIBILITY FOR PURCHASED LOTS

8.1 The Buyer will be responsible for loss or damage to a Lot they have purchased from when the Lot is sold to them. Neither IA nor its employees or agents shall be responsible for any loss or damage unless caused by the negligence of IA, its employees or agents in the ordinary course of their duties to IA if and in so far as the Lot is in IA’s custody or under its control.

8.2 The Buyer shall be responsible for all removals, insurance, storage and other charges on any Lot from the point at which the Lot is sold in accordance with the Key Sale Information in the Auction Catalogue.

8.3 Where applicable, IA will retain the V5C and notify the DVLA of the change of keeper as soon as possible following full payment of the Lot in accordance with clause 6.

8.4 Where imported Lots are subject to a NOVA declaration being completed IA will instruct the import agent to do this on the Buyers behalf, once full payment is received, and will provide the buyer with the NOVA reference number. These lots will be clearly marked in the Lot description.

8.5 Automobilia, watches & lifestyle Lots can be sent to the buyer at the buyer’s expense or collected from our offices in Warwickshire, by prior appointment.

9. NON-PAYMENT OR FAILURE TO COLLECT

9.1 If the Purchase Price is not paid in full, IA as the agent of the Seller, shall in its absolute discretion and without prejudice to any other rights it may have, be entitled to exercise one or more of the following remedies:-

9.1.1 to store (either at IA’s premises or elsewhere) and insure the Lot at the expense of the Buyer;

9.1.2 to charge interest at a daily rate equal to 4% pa over Barclays Bank’s Base Rate on so much of the total amount due as remains unpaid after the date of and time referred to in clause 6.2;

9.1.3 to retain that or any Lot sold to the same Buyer at the same or any other auction of IA and to release it only after payment of the total amount due;

9.1.4 to apply any money due or to become due to the defaulting Buyer in or towards settlement of the total amount due and to exercise a charge or lien on any property of the Buyer which is in IA’s possession for any purpose.

9.1.5 take such steps as IA shall at its absolute discretion consider necessary to collect the monies due from the Buyer, and to agree terms for the payment of the Purchase Price;

9.1.6 to rescind the sale and refund any monies to the Buyer, or to rescind the sale to the Buyer and to purchase the Lot itself. If it does so, property in the Lot shall pass to IA on its election and IA shall remit the Purchase Price to the Seller within 14 Working Days of its election less the Seller’s Commission, Expenses and sums due to IA which would have been payable had the contract not been rescinded;

9.1.7 to appoint a solicitor and/or other agent to pursue any of the courses of action referred to in this clause 9, and the Seller hereby authorises IA to take any of the courses referred to in this clause, including the issue and prosecution of proceedings on the Seller’s behalf, and to settle claims and/or proceedings made by or against the Buyer on such terms as the Seller shall instruct, or in the absence of instructions on such terms as IA shall at its absolute discretion think fit. The Buyer shall be liable for all the costs incurred in any proceedings, negotiations or ADR (Alternative Dispute Resolution) including any shortfall in cost between those expended by IA or the Seller and those awarded by any Court or Tribunal.

9.2 If the Buyer fails to make payment within 14 days after the date and time referred to in clause 6.2, IA shall at its absolute discretion and without prejudice to any other rights it may have, be entitled to re-sell the Lot or cause it to be resold by public auction or private sale, and, if this results in a lower price being obtained, the defaulting Buyer shall then pay to IA any deficiency, together with re-sale costs and any costs incurred in connection with the Buyer’s failure to make payment and any surplus shall belong to the Seller.

9.3 If the Lot is not taken away on the date and time referred to in the Key Sale Information in the Auction Catalogue, whether or not the Purchase Price has been paid, IA shall remove, store (either at IA’s premises or elsewhere) and insure the Lot at the expense of the Buyer and only release the Lot after payment of the total amount due.

10. LIABILITY OF IA AND THE BUYER

10.1 Buyers are solely responsible for ensuring that Motor Vehicles are safe for use, roadworthy (if a road going car) and comply with all relevant laws and regulations in force in all relevant jurisdictions and for ensuring that any necessary test certificates are in force. It is the responsibility of the Buyer to carry out such inspection as he thinks necessary in line with clauses 1 and 2 above.

10.2 In bidding for any Lot, the Buyer acknowledges that he does not rely on any representation made to him by IA, its employees or agents.

10.3 This contract is made for the benefit of IA, the Seller, and the Buyer, and save where the Buyer acts as agent for a named principal in accordance with Clause 4.1, is not intended to benefit or be enforceable by anyone else.  For the avoidance of doubt, any rights otherwise arising under the Contracts (Rights of Third Parties) Act 1999 are expressly excluded.

Iconic Auctioneers Terms & Conditions July 2023 – Sellers

These terms and conditions should be read in conjunction with the General Terms & Conditions.  

1. DISCRETION

1.1 IA has the right as its sole discretion to refuse any bid, to divide any Lot, to combine two or more Lots, to withdraw any Lot and, in the case of dispute, to put any Lot up for Auction again.

1.2 If IA is notified about the Seller’s alleged breach of any of the Terms before it has remitted the Sale Proceeds to the Seller, it may at its sole discretion withhold payment until that dispute is resolved. IA may, however, deduct any sums that are due to it from the sum held.

2. LOTS

2.1 The Seller is responsible for delivering the Lot in a presentable condition. If additional cleaning is required, it will be charged for by IA to the Seller as an Expense.

2.2 If a Lot is not sold at Auction, IA will for the next 14 days be entitled exclusively to negotiate a sale of the Lot on terms agreed with the Seller and as Seller’s agent, and if successful will be entitled to charge the Seller’s Commission and Expenses.

2.3 The Seller gives IA the full and absolute right to photograph, video and illustrate any Lot consigned for sale, and to use such photographs, videos and illustrations as are provided by the Seller at any time at its absolute discretion (whether or not in connection with the Auction), with indemnity against copyright infringement.

2.4 The copyright in all written matter and illustrations relating to Lots shall remain at all times the absolute property of IA, and any person wishing to use such materials, or any part of them, may only do so with the prior written consent of IA.

2.5 IA shall not be liable to the Seller for any error or misstatement in or omission from the description of any lot in any Catalogue where IA has:

2.5.1 been provided with such description by the Seller or any person on his behalf; or

2.5.2 provided the Seller with a copy of such description prior to publication of the Catalogue and neither the Seller nor any person on his behalf has notified IA in writing within a reasonable time before the Auction of any error or misstatement in or omission from the description.

2.6 IA has no duty to the Seller or the Buyer to investigate the accuracy of the description of any Lot provided by or on behalf of the Seller.

2.7 The Seller gives IA the full and absolute right to promote the Lot at its discretion on the IA website, third party websites, social media channels, in the press and in any other manner it deems fit.

3. WARRANTY BY THE SELLER

3.1 The Seller warrants to the Buyer and to IA that:

3.1.1 The Seller is the owner of the Lot or person/organisation properly authorised to sell the Lot by the owner (whose identity you will disclose to IA) and is able to sell the Lot with full title guarantee free from all encumbrances and third party claims and in particular that there is no outstanding finance affecting the Lot or any taxes due. If the Lot is subject to finance the amount outstanding must be confirmed prior to consignment and sale.

3.1.2 The description of the Lot in the Catalogue is to the best of the Seller’s knowledge accurate and not misleading. The Seller has notified (or will before the Auction notify) IA in writing of any material alterations to the Lot of which the Seller is aware and of any concerns expressed by third parties in relation to the authenticity, provenance, origin, age, condition or quality of the Lot and has provided IA with all such information in the Seller’s possession or control. IA shall be under no obligation to investigate any concerns expressed by third parties.

3.1.3 The Seller shall compensate IA and the Buyer in full for all losses, expenses and other costs which are caused by the Seller’s breach of any obligation of the Seller under the Terms.

3.1.4 The Seller has complied with all the requirements, legal or otherwise, relating to any import or export of the Lot and all taxes and duties in respect of the Lot have been settled, unless stated to the contrary in the catalogue description, and so far as the Seller is aware all third parties have complied with such requirements in the past.

3.1.5 The Seller is not the subject of any Sanctions or is located in a country or territory that is, or whose government is, the subject of Sanctions.

3.1.6 The lots offered for sale are not connected with any criminal activity, including without limitation tax evasion, money laundering or terrorist activity.

4. VEHICLE REGISTRATION NUMBERS

4.1 If the Seller wishes to sell the Motor Vehicle but to retain the right to the registration number of the Motor Vehicle it is the Seller’s Responsibility to notify IA in writing.

4.2 It shall be the Seller’s responsibility to complete the retention documentation prior to sale and offer the Motor Vehicle with a new V5c and allocated registration from the DVLA prior to the Motor Vehicle being sold at the Auction whether or not IA volunteers its services to effect that, and no liability shall attach to IA in respect to any act or omission as a result.

5. BIDDING AND RESERVES

5.1 The Auction will be conducted in line with the terms and conditions.

5.2 A Contract of sale is made between the Seller and the Buyer on the acceptance of a bid by the fall of the Auctioneer’s hammer. IA is not a party to the Contract. The Buyer will be liable to pay the Purchase Price which is the Hammer Price plus the Buyer’s Premium and any applicable VAT.  At the same time the Seller will be liable to pay to IA the Seller’s Commission plus any applicable VAT on the Lot at the rate as set out in clause 6.1 below.

5.3 The Seller may place a Reserve on any Lot when they consign it to the Auction, and once placed it may not be changed without the written consent of IA. All Lots will be sold without Reserve unless a Reserve has been agreed by IA in writing.

5.4 Where a reserve has been applied to a lot, the auctioneer and IA may in their absolute discretion place bids up to an amount not equalling or exceeding such reserve on behalf of the seller in accordance with the Auction Bidding Agreements Act 1969.

5.5 If no Reserve has been placed on a Lot, IA shall in no way be held liable should the Lot be purchased for a price below any lowest estimated selling price of the Lot given in any Catalogue.

5.6 IA may sell a Lot below the Reserve agreed with the Seller, provided that IA accounts to the Seller for the same Sale Proceeds as the Seller would have received had the Lot been sold at that Reserve.

5.7 Neither the Seller nor any person on their behalf (other than the Auctioneer) may bid on their own Lot. If a bid is nonetheless made, the Auctioneer may accept your bid and hammer the Lot down to you. You are liable to pay the Buyer’s Premium and applicable VAT on the Hammer Price.

6. COMMISSION AND CATALOGUING FEE

6.1 IA shall be entitled to deduct Sellers Commission from the Hammer Price and retain an amount equal to 7.5% (plus VAT) of the Hammer Price for Motor Cars and Motorcycles, 15% (plus VAT) for Automobilia and Lifestyle goods and 10% (plus VAT) for Registration Numbers, or such other sum agreed by IA in writing plus VAT together with Expenses and any other sums due from the Seller to IA.

6.2 There is no Sellers Commission payable on Motor Cars and Motorcycles entered into an Auction with No Reserve.

6.3 IA charge a Cataloguing Fee to the Seller for each Lot entered into an Auction, to cover professional photography and marketing, as follows: Motor Cars £250 plus VAT, Motorcycles £50 plus VAT for standard entry or £200 plus VAT for premium entry including transport of your Motorcycle to the Auction location and £25 plus VAT for Automobilia, Lifestyle items and Number Plates.

6.3.1 Cataloguing fees should be paid within 7 days of the invoice date. Any fees unpaid by the date of the Auction will be automatically deducted from the funds due to you from the sale of your Lot. This fee is not taken into account when agreeing your Reserve – it will be deducted from your agreed Reserve.    

6.4 The Seller acknowledges IA's right to retain the Buyer's Premium payable by the Buyer.

7. INSURANCE

7.1 Only on payment of the Purchase Price in cleared funds shall title in the Lot pass from the Seller to the Buyer. However, the risk in the Lot passes to the Buyer as soon as the Lot is sold to the Buyer. The Lot is sold when the highest bid is accepted by the Auctioneer. It is therefore the responsibility of the Seller to insure the Lot before the Lot is sold and the responsibility of the Buyer to insure the Lot after the Lot is sold.

7.2 IA will not be responsible for any damage to or the loss or destruction of a Lot unless caused by the negligence of or other breach of duty by IA, its employees or agents in the ordinary course of their duties to IA and the Seller shall compensate IA in full in respect of all other claims and proceedings brought against IA in respect of any loss or damage to or destruction of the Lot.

7.3 IA will not be liable for any injury, loss or damage caused by any Lot or by the Seller’s negligence, or that of the Seller’s employees or agents in the ordinary course of their duties to IA. The Seller shall compensate IA in full in respect of all claims and proceedings brought against IA in respect of injury, loss or damage caused by any Lot or by the Seller’s negligence or breach of any obligation under the Terms.

8. PAYMENT OF SALE PROCEEDS

8.1 Subject to IA’s right of retention under Clause 1.2 and other provisions of this Clause 8, IA shall pay the Sale Proceeds to the Seller not later than 14 Working Days after the Auction provided that the Purchase Price has been received in full by IA and the Lot has been delivered to IA or the Buyer. Unless an alternative method of payment has been agreed by IA in writing, payment shall be made by bank transfer. In the event of an unsettled hire purchase, finance agreement or any other charge or lien affecting the Lot IA will settle the amount due of such charges not exceeding the Sale Proceeds and if the Sale Proceeds are less than the charges outstanding the Seller will be responsible for the settlement of the balance forthwith.

8.2 If the Purchase Price has not been received in full by IA within the time specified in clause 8.1 IA will pay the Sale Proceeds to the Seller within seven Working Days from when the Purchase Price is received in cleared funds from the Buyer.

8.3 In respect of road registered Motor Vehicles, IA reserves the right not to remit the Sale Proceeds to the Seller unless the Seller has deposited with IA the current registration document of the Motor Vehicle, and any other documents relating to the Motor Vehicle in the Seller’s possession or control which he agreed with IA to supply.

8.4 If the Buyer fails to pay the Purchase Price within 14 days of the Auction, IA will notify the Seller who may instruct IA as to the appropriate course of action. IA may endeavour to assist the Seller but IA shall be under no obligation to do so, and shall not be under any obligation to institute proceedings in its own name.

8.5 In the absence of any written instructions from the Seller to IA within 7 days of IA having notified the Seller under clause 8.4 IA shall be entitled to take any of the actions set out in clause 9 of the Terms and Conditions specific to Buyers.

8.6 Any monies recovered by and paid to IA in consequence of IA taking one or more of the steps referred to in clause 9 of the Terms and Conditions specific to Buyers shall be applied to the payment of:

8.6.1 legal or other costs incurred by IA in connection with such steps;

8.6.2 expenses;

8.6.3 the Buyer’s Premium and the Seller’s Commission on the sale of the Lot.

8.7 Any balance remaining shall be paid to IA to the Seller (or, if appropriate, the Buyer). If there shall be a shortfall any such shortfall shall be made good by the Seller to IA on demand.

8.8 If within 7 days after receipt of the notice referred to in clause 8.5 the Seller informs IA that he wishes re-delivery of the Lot, he shall be entitled to do so but only upon prior payment of all Expenses and all legal and other costs reasonably incurred by IA so as to keep IA fully compensated.

9. WITHDRAWAL

9.1. The Seller may by notice in writing to IA withdraw the Lot from the Auction. In the event of such withdrawal, the Seller shall within 7 days of withdrawal pay IA the sums set out in this Clause 9. All such sums shall be payable to IA as remuneration for the services performed by IA down to the date of withdrawal, and not by way of penalty or liquidated damages.

9.2 In all cases of withdrawal, the Seller shall be liable to pay IA 15% of the mid estimate value of the Lot, notwithstanding that commission of a lesser, or no, amount had previously been agreed, to reflect the time, effort, loss of publicity and buyer's premium suffered by IA. In the event of a Lot having no reserve and therefore no estimate the Seller shall be liable to pay IA 12.5% of the auctioneer’s reasonable estimate. The fee shall be subject in each case to VAT and Expenses.

9.3. In the event that the Seller withdraws the Lot from the Auction, the Seller shall arrange for collection and removal of the Lot at his own expense within two working days after the date of withdrawal provided that the Seller may not collect the Lot unless and until any withdrawal fee payable under Clause 9.1 and 9.2 shall have been paid in full.

10. TRANSPORT

10.1 Prior to the Auction the Seller shall deliver the Lot to the Auction location at their own expense as per the date and time specified by IA. After the Auction any unsold motor vehicles not collected by the time specified in the key sale information for that Auction will be taken to our transport partners storage facility in Northampton at the Seller’s expense. The fee will be detailed in the Key Sale Information in the catalogue.

11. INTRODUCTORY COMMISSION

11.1 The Seller acknowledges that IA, in line with market practice, may make payments to someone who has introduced you to IA. It is the responsibility of the introducer to inform you of any payments received from IA.

12. LIABILITY OF IA AND THE SELLER

12.1 This contract is made for the benefit of IA, the Seller, and the Buyer, and save where the Buyer acts as agent for a named principal is not intended to benefit or be enforceable by anyone else.  For the avoidance of doubt, any rights otherwise arising under the Contracts (Rights of Third Parties) Act 1999 are expressly excluded.

See Full Terms And Conditions