Bidding process

1. REGISTER & SIGN-UP

  • 1.1. How to register?

    1.1.1. Visit our Register page to register on our website. 

    1.1.2. After registering you will receive an email to confirm your registration with the data provided.

    1.1.3. The second email will contain a link to submit a password.

    1.1.4. After you have issued your password, TracksandTrade will check and verify your registration and approve or disapprove your registration within max 24 hrs.

  • 1.2. What is required to register to bid?

    1.2.1. Your full name, age, your country of residence with home address, phone number, email address and acceptance of our general conditions. In case if you bidding as a company, foundation or other official registered organization also additional info will be requested such as your VAT number, company registration number or Chamber of Commerce registration.    
    1.2.2. After registration you will receive an email that your new account has been created, please also check your spam box.

  • 1.3. What will Tracks and Trade use this information for?

    1.3.1. Tracks and Trade will only use your email address for account and auction related information.
    Only in case if you the successful bidder we will use your data for issuing further correspondence.
    See for this also our Privacy statement.

2. VIEWINGS & INSPECTIONS

  • 2.1. How can lots from the online auction be viewed and inspected?

    2.1.1. There are several viewing dates. More specific information about time, dates, the location or registration requirements can be found on the special viewing day-page. Click on the button 'viewing day available' at each lot and you will be redirected to the special viewing day page. this page contains all the available dates, times, locations and conditions.

3. HOW DOES BIDDING AND BUYING WORKS?

  • 3.1. When can I bid?

    3.1.1. Bidding is possible after proper registration and acceptance and opening of the auction at a set date and time. Bidding is possible till the end of the auction by a set date and time. All Lots will close in sequential order.
    In case if you bid in the last minute before bid closure the end time will automatically extend with another 20 seconds until bidding ends.

  • 3.2. Do I have to register to place a bid?

    3.2.1. Yes. If you already registered, than the only thing you have to do is login with your email address and password and submit your bids.
    If you are not registered, please create a new account via our website. Please note that TracksandTrade might need 24 hrs. to verify your account before you are able to start bidding. So, if you want to bid register yourself as soon as possible.

  • 3.3. How to bid?

    3.3.1. You can bid on a lot by direct bid. Lots are being offered at starting price excluding buyer’s premium and VAT (when applicable). The first bid will set the starting / opening bid.

    3.3.2. You will get an email confirmation of the bid you have placed as confirmation.

  • 3.4. What are the bidding increments?

    3.4.1. The bidding increments steps are variable and set on percentage of the average value estimations. A fixed bid increment is from starting / opening price till 40%; second fixed bid increment is from 40% till 75%; then till 100% and over.

  • 3.6. How can I tell if my online bid is the highest bid?

    3.6.1. Once you have placed a bid you will have a pop-up showing if you have successfully placed a highest or winning bid or not. Also, an email will be sent to your account with the confirmation of this information.

  • 3.7. What of I placed the exact same bid as another bidder?

    3.7.1. The first bidder for an equal amount is leading so if you want the lot than you must overbid the actual bid.

  • 3.8. Can you bid with a written bid?

    3.8.1. Please fill in the bid form at the latest 24 hrs. before ending of the auction.
    This means that Tracks and Trade must have a written legal confirmation by email of these data.
    Tracks and Trade will then act as an agent on your behalf and submit a bid on your behalf only to the amount necessary to outbid the second highest bidder by one increment.

  • 3.9. Can I bid by phone during the auction?

    3.9.1. You are welcome to contact Ivo Sr. Rigter to discuss the possibilities: [email protected] / +31 6 518 22 502.

  • 3.10. How can I put in a bidding amount?

    3.10.1. Fill in the bidding amount. Note that no EURO sign is required. For the decimals the TracksandTrade Auction Site uses “.”

  • 3.11. Why is the “.” used between whole numbers and decimals?

    3.11.1. All thought in Western Europe a “,” is used between whole numbers and decimals, this online auction use the “.” between whole numbers and decimals.

  • 3.12. Use of Reserve

    Our online auction house employs the use of a reserve price as a strategic measure aimed at safeguarding the interests of both sellers and the integrity of the auction platform itself. By setting a reserve price, we ensure that valuable items offered for auction won't be sold for less than their perceived market value or the minimum acceptable price set by the seller.

    This mechanism provides sellers with a level of assurance, preventing their items from being undersold or undervalued due to fluctuations in bidding activity or unforeseen circumstances. It also serves to maintain the credibility and prestige of our auction platform by upholding fair market practices and fostering trust among buyers and sellers alike.

    After the auction of a specific lot has ended (expiring of the bidding time), it will be indicated on the website when the reserve price has not been met.

  • 3.13. How does the 'buy now'-option works?

    3.12.1. When a bidder purchases an item using the Buy Now function, the sales price is immediately removed from the website. This prevents other users from buying the same item at the fixed price once it's sold. The Buy Now option ensures that each item is only available for purchase in this manner until the auction begins.

4. Proxy bid / Auto bid – Maximum bid

  • 4.1. Setting a Maximum bid.

    4.1.1. A direct maximum bid can be set the first time when no bid has been entered.
    Please note that this will set a direct bid based on the value entered.

  • 4.2. Setting a Proxy bid / Auto bid

    4.2.1. To set a Proxy / Auto bid use the maximum bid entry. Please note that you first make a direct bid and set the proxy bid / auto bid afterwards.
    When setting the maximum bid as a first bid (so not directly bid) this will set a direct bid instead of a Proxy bid / auto bid.

  • 4.3. Removing / deleting a Proxy bid / Auto bid

    4.3.1. This can be achieved under My Account in Auction overview

5. Auction

  • 5.1. How is an online-only auction effected?

    5.1.1. The auction is open for entering bids at a set date time and will stay open for bidding till a set closing date and time has been reached. The lots will end sequential.
    To give enough time for bidders, the auction site is so organized that if bids placed in the last minute before bid closure the end time will automatically extend with another 20 seconds until bidding ends.

    5.1.2. What is sequential? To give bidders sufficient the time to bid on all auctioned lots all lots will end in sequential order. So, when the bidding time of a specific lot is extended due to various bids in the final minute(s), the end time of all other open lots will also extend.

  • 5.2. How is an online-only auction supervised?

    5.2.1. During the Auction an Accountant will be present to supervise the online auction ([email protected]).

6. Buying / Payment

  • 6.1. How much is the buyer’s premium?

    6.1.1. The buyer’s premium amounts to 16.5 % of the hammer price for all lots. This buyer’s premium is excluding Value Added Tax (VAT).

  • 6.2. How much is the Value Added Tax (VAT)?

    6.2.1. The V.A.T. in the Netherlands is 21%. If this is applicable for Buyers depends on the country where the buyer has its residence (within EU or outside the EU) and if the Buyer is a Company with VAT registration. Outside the EU basically no VAT will be applicable. However consequential condition in this respect is that the lot must be exported out of the EU.
    In the EU VAT is always applicable on buyer’s premium except for companies without the Netherlands but in the EY with a VAT registration.
    If VAT will be applicable on the purchase price (winning bid / hammer price) is depending on if the lot is listed as a MARGIN or as VAT. When VAT will be applicable this will be mentioned in the Lot description. See also the General Terms and Conditions with a detailed explanation.

  • 6.3. What is Margin?

    6.3.1. When a Lot is listed as MARGIN this lot is offered by Tracks and Trade pursuant to consignment sale on behalf of a private individual. Therefore, the MARGIN scheme will be applicable so no sales tax (VAT) over the hammer price will be applicable.

  • 6.4. What happens after the sale / winning bid?

    6.4.1. Our accounting department will verify the bids and sent the Buyer, when accepted, a detailed invoice for your purchase. As soon as the invoice is paid, you will be instructed how to collect your purchase.

  • 6.5. How to transfer payment when you have won a lot?

    6.5.1. Please wait for arrival of our invoice. Invoices will be sent by E-Mail. On the invoice you will find all information on payment.

7. Pick-up and transportation

  • 7.1. When and how do I arrange the pick-up of an object?

    7.1.1. Contact Tracks and Trade to come to an appointment / agreement about the collection.

  • 7.2. When will the Storage fee be applicable?

    7.2.1. This is specified in the Note to Buyers.

8. What are the General Terms and Conditions?

9. Export

  • 9.1. Cultural Heritage Goods

    9.1.1. Lots older than 75 years and with a total purchase value over € 50.000, - (euro) will require an Export License issued by the Ministry of Culture prior the be exported.

  • 9.2. Requirements for export to the USA

    9.2.1. Import Permit: An ATF Firearms and Explosives Division Permit is required for any import. See ATF.

    9.2.2. International Import Certificate: U.S. International Import Certificate form can be found here. We will need the IIC either in paper form or containing proof of it being handed to you electronically. For more information, please visit the sites of the Bureau of Industry and Security.

    9.2.3. Agricultural Inspection: All goods are sold clear of dirt so ready for any agriculture inspection.

    9.2.4. Demilitarization?: Basically no demilitarization of the armour will be performed. Gun demilitarization according ATF rules is required.

  • 9.3. Requirements for export to the Canada?

    9.3.1 International Import Certificate required. IIC forms are supplied online via EXCOL.

  • 9.4. Requirements for export other countries?

    9.4.1. Please contact us on [email protected] or your local transport broker.

10. Account

  • 10.1. Where can I find my account information?

    10.1.1. This can be found at My Account.

11. Right of withdrawal

  • 11.1. Does the right of withdrawal apply to me?

    11.1.1. Visit our general conditions page for all information.

12. Experts opinion & collectability

  • How do you determine the value?

    We work with specialists with in-depth knowledge of classic military vehicles. These experts leverage their expertise and experience to accurately assess the value of each vehicle. They consider factors such as the significance of specific model years, the desirability of certain makes and models, and the potential for appreciation over time.

Feel free to get in touch

Ivo Rigter Sr.