How it works

REX Auctions is a car auction without the auction house. The car stays with its owner from listing to handover; we run the bidding, hold the buyer's money until the car is collected, and pay the seller.

Fees

Sellers pay 3% of the sale price, minimum £50, and nothing else. No entry fee, no fee to relist an unsold car, no fee to withdraw before the reserve is met. The commission is deducted from the payout.

Buyers pay the hammer price and nothing else. No buyer's premium, no online fee, no admin fee. The only money touched before a sale is a refundable deposit hold on your card, explained below.

Buying

  1. Register with your email and mobile number and confirm your email address. Add a card to your account — the card details are held by our payment provider, never by us.
  2. Find a car. Every listing shows the seller's photos, the known issues, the run condition, the category, the town it is in and how far that is from you. If the seller offers viewings, message them to arrange one.
  3. Register to bid on that car. This places a hold of £50 (cars valued under £3,500) or £100 on your card. Nothing is charged: the hold is released when the auction ends for you, and is only taken if you win and do not pay. You can register on as many cars as you like — each has its own hold.
  4. Bid. Bidding starts at £50. Use the + and − buttons to choose your bid; the steps are £50, then £100 above £5,000 and £200 above £10,000. Every bid is yours alone — there is no automatic bidding, so be at the screen for the close.
  5. Win. When the countdown reaches zero the highest bid wins, provided it meets the seller's reserve. You then have 2 working days to pay in full through our payment provider, and 5 working days from the auction end to collect the car.
  6. Collect. Once you have paid, the seller's phone number and the car's full address are shown to you. Arrange a time, go and see the car, and inspect it before you confirm collection. Your confirmation releases the seller's money and makes the sale final.

Selling

  1. Register and set up payouts — a one-time, five-minute step with our payment provider so we can pay you when your car sells. This is also how we confirm you are who you say you are.
  2. List the car. The form saves section by section: the car's details, its condition and known issues, at least six photos (front, rear, both sides, dashboard showing the mileage, engine bay), where it is kept, your valuation and, optionally, a reserve price and a Buy Now price.
  3. Pick a closing slot. Auctions close on weekdays between 09:00 and 18:00, five minutes apart, one car per slot. Bidding opens as soon as you publish — a car listed on Monday for a Thursday slot takes bids all week.
  4. Wait for the close. You can lower your reserve or Buy Now price at any time, and raise them until a bid meets the reserve. You can withdraw the car until a bid meets the reserve; after that the sale is committed.
  5. Hand over the car. When the buyer has paid we show you their phone number. Arrange collection. Do not hand over the keys until the buyer has confirmed collection on the site — that confirmation is what releases your money, exactly as you would wait for a bank transfer to land in a private sale.
  6. Get paid. The sale price minus our commission is paid to your bank account by our payment provider.

The rules of the auction

If something goes wrong

The full terms and conditions apply to every bid and sale.