EVENT GUIDELINE

How to Become a Bidder

  1. Registration

You can register to become a bidder via our Line Official @collinsauction. A deposit of 20,000 THB must be placed, which will be refunded after the auction ends.

  1. Before You Bid

Please carefully study the car details. You can scan the QR below with your phone for the catalogue.

Any inquiry please do not hesitate to reach us at [email protected].

Every lots are sold ‘as-is’, please make sure that you accept the car’s condition before you bid

  1. Auction Process

Auction will start when the auctioneer announces the starting price – bidders start bidding – and ends when the auctioneer counts to three and strikes his hammer, marking the final bid as the ‘hammer price’

  1. Bidding

Bidding can be done in two ways:

  • Raise your paddle for the auctioneer to acknowledge means you are placing a bid in the next increment. The increment will depend on the current price, details are in the following table.

Current Bid (THB)

Increment (THB)

1 - 20,000

1,000

20,001 - 100,000

5,000

100,001 - 1,000,000

10,000

1,000,001 - 5,000,000

50,000

5,000,001 and above

100,000

  • Raise your paddle and call your price (must be higher than the increment) 

Please note that all bids are final and cannot be withdrawn under any circumstance

  1. If You Win

Congratulations for your new acquisition! For this charity event, COLLINS buyer’s premium will be charged to you for only 1.5% on top of the hammer price, or minimum of THB 50,000 for car auctions. Then, we will connect you with the seller to process the payment for the lot in full within 3 business days 
 

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