Government/court actions, orders, injunctions, regulations, laws, or non-compliance with applicable rules, regulations, or laws to sell the Lot(s) at the auction that necessitate a cancellation; or17.8. 7.10. Buyers’ Premium. To be clear, the bid price stated by the auctioneer is the prevailing and binding bid price. 24. Translations. Someone paid $1440 for a trash can at the RM Sotheby’s Elkhart Collection sale this past weekend. That should clue you in to the kind of money being thrown around there—and that’s before we even get to the vehicles. Closing: {{item.TimeLeft}} In order to assist Bidders with this process, RM may provide information about the tax status of each Lot(s), as well as any ownership or registration papers that will be supplied with the respective Lot(s) (“Tax and Ownership Information”); however, this information is being provided merely to assist Bidders in their determination of their own tax and regulatory responsibilities. RM | ONLINE ONLY. The second of a mere three examples built of this unique Cooper design powered by Jaguar’s racing-specification XK engine, the highly authentic Cooper-Jaguar saw six victories at Goodwood and Silverstone in the 1956 and ’57 seasons and today has been recommissioned by marque specialists for recent participation in prestigious international events. Following the auction, Donnie Gould, Car Specialist, RM Sotheby’s said: “We could not be more thrilled with the success of The Elkhart Collection auction. Contact Elkhart, Indiana. This site is protected by reCAPTCHA and the Google To bid at the auction, a Bidder must satisfy any and all RM bidder registration requirements which include, but are not limited to (i) being at least 18 years of age; (ii) providing RM with a copy of a valid form of government-issued identification; (iii) providing RM with bank letter written on bank letterhead; RM may waive this requirement at its sole discretion; (iv) providing RM with a copy of a credit card; and (v) providing RM with copies of any and all required financial documents including, but not limited to, financial references, guarantees, deposits, and/or such other security, at RM’s absolute discretion, as security for any bid (together “Bidder Registration Requirements”).7.2. If the Bidder’s cash deposit and/or credit card payment does not cover the Purchase Price plus applicable taxes, in addition to other remedies available by law, RM reserves the right to impose, from the Payment Deadline until the full Purchase Price plus applicable taxes has been made by the Buyer, a late charge of (1) the U.S. Prime Rate + 4.00% for up to the first 60 calendar days after the Payment Deadline and (2) the U.S. Prime Rate + 8.00% thereafter until the full Purchase Price plus applicable taxes has been made by the Buyer on the: 13.3.1. The full Privacy Policy can be found at the bottom of the RM website homepage under the Privacy & Terms tab. 19. By attending the auction, the Bidder agrees to submit to a temperature check and to wear a mask at all times. The global leader in the collector car industry. It is each Bidder’s responsibility to apprise themselves of the Conditions of Business for each auction in which the Bidder wishes to participate. 22.2. Deduct the Purchase Price plus applicable taxes from the Bidder’s cash deposit and/or charge the Purchase Price and applicable taxes to the credit card that the Bidder has provided. The CC Hold will not be charged to their credit card if the Bidder makes full payment on or before 5:00 p.m. of the next business day following the auction. Per E-Mail teilen Per Facebook teilen Per Twitter teilen. Data Use. I am grateful to the consignors for entrusting us to offer this meticulously curated, high quality collection of cars and memorabilia. RM is not responsible for the acts or omissions in our packing or shipping of purchased Lot(s) or of other carriers or packers of purchased Lot(s), whether or not recommended by RM. Information provided during bidder registration may be used in accordance with governmental COVID-19 rules and regulations and in accordance with RM’s Privacy Policy. If the Lot(s) is not removed for one calendar year from the RM Removal Deadline and other arrangements have not been made, RM has the right to (i) auction the Lot(s), (ii) retain its standard Buyers’ Premium, storage fee, and other applicable expenses, and (iii) return the remaining payment to the Buyer.23. The Buyer is also responsible for any applicable duty, import tariffs, VATs, charges, or any and all other required payments that are due upon the import of the Lot(s) to its final destination. Entire Agreement. Up to US$______________________________ Hammer Price (as outlined and defined in the Auction Bidders’ Conditions of Business). Fill out your profile and receive emails about the types of cars and events you're interested in. If the Buyer of a Lot(s) resides in an American state, in an effort to ensure all titles are free and clear of liens or encumbrances, RM manages the process of title reassignment on behalf of the Buyer. Are you registering as a company? RM Sotheby’s Elkhart Collection - Elkhart, Indiana: October 23 - 24, 2020 The result of decades of judicious and targeted collecting, The Elkhart Collection - Offered Almost Entirely Without Reserve comprises the most exceptional marques and models in automotive history. If so, input your company name: You haven't completed the registration, check your email for instructions. This site is protected by reCAPTCHA and the Google 29. I believe this auction highlighted RM Sotheby’s key strengths and capabilities as a global market leader for achieving successful results for private collections. RM will use reasonable efforts to avoid cancellation/rescission; however, RM has the sole discretion to cancel/rescind the sale of a Lot(s) and will not be liable to the Bidder for any losses or damages resulting from the cancellation/rescission, including but not limited to if RM believes the following events have occurred or have a reasonable probability of occurring:17.1. 2004 Honda Valkyrie Rune The Elkhart Collection 1,832 cc, water-cooled, horizontally opposed six-cylinder engine Finished in double-clearcoat black Features tank-mounted digital instrumentation Fitted with factory windscreen Includes factory literature BY PLACING A BID, THE BIDDER EXPRESSLY ACKNOWLEDGES THAT THE CONSIGNOR(S) OF THE LOT(S) ARE TRUSTEE(S) OR AFFILIATES FOR A BANKRUPT ESTATE, INCLUDING TRUSTEES UNDER CHAPTER 11 OF THE U.S. BANKRUPTCY CODE. Absentee and Telephone Bidding. Removal of Purchased Lot(s). {{item.Collection}} Bidders may be able to bid via websites, telephone services, applications, and tools (collectively “Services”).18.2. Fill out your profile and receive emails about the types of cars and events you're interested in. This document shall be binding upon the parties and their respective heirs, personal representatives, and assigns. 10.1. Learn more! Notwithstanding any references to any transactions or arrangements in this agreement, or any contemporaneous written, oral, or implied understandings of the parties relating to the subject matter of this agreement, RM has not provided legal or tax advice or tax planning services to the Bidder or for the Bidder’s benefit in connection with the transactions contemplated by this agreement, and no one at RM has acted as the Bidder’s attorney or tax advisor. ‹. RM is served with a lawsuit from a third party in relation to the Lot(s);17.4. The website of auction house RM Sotheby’s features “The Elkhart Collection,” a group of cars owned by Najeeb Khan that will be sold in May. Personally tailored emails from RM Sotheby's are just a few clicks away. RM SOTHEBY’S PRESENTS 230-CAR PRIVATE COLLECTION OFFERED ALMOST ENTIRELY WITHOUT RESERVE, Today in History: Fire at the 1929 L.A. Auto Show Destroys Auburn Cabin Speedster, A Flight of Tiny Messerschmitts Could Be Yours, Intercontinental Style Part II: Unlikely Influences on Italian Coachbuilding, Sophisticated Selection Part I: RM Sotheby’s Specialists Share Highlights From The Elkhart Collection, 15 Under $100k: An Impressive List of Values and Options in Elkhart, Intercontinental Style Part I: European Coachbuilders on Display in Elkhart, Sophisticated Selection Part II: RM Sotheby’s Specialists Share Highlights From The Elkhart Collection, Double Datsun: Design Inspiration Fuels the Future of Nissan’s Z Program, Car Cave: Customize Your Garage With Accessories From Elkhart, Into the Sun: A World-Beating Array of Japanese Neo-Classics Rise in Elkhart, Continuum of Continuation: Finding Authenticity in the World of Continuation Cars. Even though the RM Conditions of Business are generally standardized, there are unique jurisdictional requirements and terms that may not apply to every auction, and it is each bidder in the auction (“Bidder(’s)”) responsibility to understand and review these Conditions of Business as they apply. Further, all payments must be in the form of cash or certified funds unless other arrangements have been approved in advance. Bid, User Please note that even if a Bidder has satisfied and/or met some or all of the Bidder Registration Requirements for previous RM auctions, all Bidders will be required to satisfy and/or meet the Bidder Registration Requirements for the auction specifically prior to being accepted to bid.7.3. Reserved. Catalog Auction info. If any dispute arises after the sale, RM’s sale record is conclusive. Material issues regarding title, registration, or transfer of ownership that cannot be reasonably cured; 17.6. By participating in the auction, the Bidder represents and warrants that any bid placed by them, or on their behalf, is not the product of any collusive or other anti-competitive agreement and is otherwise consistent with applicable competition law. RM Sotheby's The Elkhart Collection (2020) Oct 23-24, 2020 (2 months ago) This auction ended October 24, 2020. In order for a RM Car Specialist to bid on the Bidder’s behalf, the Bidder must (i) provide the following information, (ii) select and initial beside a bidding option as outlined below, and (iii) sign their name at the bottom of this form: THE ELKHART COLLECTION AUCTIONClient Name: Lot Number: Bidding Options: I acknowledge and agree that an RM Car Specialist may bid on my behalf on the above referenced lot number at the Auction in accordance with the following selected option:A. 6.2. Terms of Service apply. Also claiming spots within the top ten were three extremely rare Jaguar continuation cars— believed to be the first example offered publicly, a 1957 XKSS, one of nine examples produced, sold for $1,985,000; an as-new 1963 E-Type Lightweight, known as “Car 0”, the first of seven built by Jaguar Classic and used as the North American press car, brought $1,710,000; and a 1955 D-Type, one of 25 D-Types produced by Jaguar Heritage and finished in the iconic Scottish Racing Blue of Ecurie Ecosse, generated a final $1,325,000. 21.1. In the event that the Buyer does not pay any portion of the Purchase Price and applicable taxes by the Payment Deadline, the Bidder agrees to and acknowledges that RM has the sole discretion to do any one or any combination of the following:13.1. In connection with the auction, RM will have absolute discretion with regard to the Lot(s) or any RM auction as to (a) consulting any expert either before or after the sale, (b) researching provenance, (c) grouping and providing catalogue and other descriptions as may be appropriate, (d) marketing and promotion of the sale, and (e) any other services required to conduct the sale. RM Sotheby’s presented the exceptional Elkhart Collection in a live auction held in Elkhart, Indiana, grossing a total of $44,385,420 in sales. 9.1. The Buyer acknowledges that delays in transferring titles, including due to delays at government Motor Vehicle departments happen from time-to-time and, the Buyer will hold RM harmless from any allegations of damages arising out of such delays. Other damages reasonably related to the Bidder’s non-payment.14. Reserves. Cameron Neveu. By participating in telephone bidding, the Bidder acknowledges that RM has the right to record all telephone calls.16. For RM American auctions, all purchased Lot(s) must be removed by the Buyer from either the auction site or the secure storage facility by the next business day by 5:00 p.m. in the applicable time zone where the auction is held (“RM Removal Deadline”). On January 22, RM Sotheby’s is hosting another auction in Arizona, and while the entire collection is great, there are six specific cars that stand out. Alle Anzeigen des Verkäufers. 6. Follow; Upcoming Past; Image Lot # Title Est. Once made, no Bidder may retract a bid made during the auction for any reason.7.6. The Buyer is responsible to pay all applicable sales taxes, and any and all other taxes due for which the Buyer does not qualify as exempt, subject to RM verification; proof of exemption is the Buyer’s responsibility. This agreement is an important legal document. **Please note that the applicable Buyers’ Premium will apply._____________Bidders’ InitialsOR B. If there is a discrepancy, contradiction, or question of interpretation regarding enforceability between the English version of the Conditions of Business and a version of the Conditions of Business produced in a language other than English, the English version of RM’s Conditions of Business will supersede.28.2. 10.2. RM Sotheby’s will auction off an exceptional private collection of more than 240 cars, 30 motorcycles, trucks, trailers and select memorabilia and equipment — offered almost entirely without reserve — at its Oct. 23-24 sale in Elkhart, Ind. THE CONSIGNORS AND RM DISCLAIM ALL WARRANTIES, EXPRESSED OR IMPLIED, AS TO CONDITION, ORIGINALITY, OR AUTHENTICITY; ORIGIN OR PROVENANCE; PREVIOUS USE OR OWNERSHIP; MANUFACTURING OR RESTORATION PROCESSES; YEAR OR AGE; SERIAL NUMBER, MAKE, OR MODEL; OPTIONS AND TOOLS; ENGINE HOURS; AND MILEAGE OF ANY LOT(S) OR COMPONENT OF ANY LOT(S), AND THEY SPECIFICALLY DISCLAIM ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE. Auction Info. 4. Verbal bidding instructions will not be accepted. RM Sotheby’s presented the exceptional Elkhart Collection in a live auction held in Elkhart, Indiana, grossing a total of $44,385,420 in sales. As auctioneer, RM acts as the agent for the relevant Consignor of the Lot(s) (“Consignor”), and a sale contract is made directly between the Consignor and the winning Bidder (the “Buyer”).1.3.1. In the event that either party brings action against the other, arising from or relating to this auction, the prevailing party, as determined by the arbitrator or court, shall be entitled to recover its reasonable attorneys’ fees and costs, including through appeals. If a Bidder would like an RM representative to bid on their behalf, they need to complete the corresponding RM Car Specialist as Agent Form attached as Attachment #1 to these Conditions of Business.7.12. A link to reset your password has been sent to your email address. If the Bidder fails to pay for a Lot(s) purchased on or before 5:00 p.m. of the next business day following the auction, the Bidder acknowledges that their credit card will be charged the applicable CC Hold for the missed payment; please note that the Bidder is still bound to pay their remaining balance. Bid Display. 20. Credit Card Hold and Pre-authorization. RM reserves the right to collect/remit sales tax from residents from other jurisdictions if RM deems in its sole discretion the collection/remittance of tax necessary.10.2.2. All Lot(s) are sold as is, where is, with no representations or warranties, expressed or implied. 7.7. Accordingly, to the extent permitted by applicable law, RM excludes all expressed or implied warranties, terms, and conditions, including but not limited to implied warranties of merchantability, fitness for a particular purpose, and non-infringement. When a Lot(s) is sold subject to such a reserve, the auctioneer may bid on the Consignor’s behalf in an amount not to exceed the amount of the reserve.15. Whenever used in these Conditions of Business, as the contract requires, the singular number shall include the plural, the plural number shall include the singular, the masculine gender shall include the feminine and neuter, the feminine gender shall include the masculine and neuter, and the neuter gender shall include the masculine and feminine.28. Cameron Neveu . Any collection costs, attorneys’ fees, and court costs incurred to enforce payment; and13.3.4. Live Bieten. RM is not obligated to release the Lot(s) to the winning Bidder until the Buyer has met all of the Contractual Obligations and paid the Purchase Price plus applicable taxes.13. RM/Sotheby's RM/Sotheby’s Elkhart Collection Versteigerung (23. RMS American auctions will have the following Buyers’ Premiums:9.2.1. FURTHER, THE AUCTION IS BEING HELD IN ACCORDANCE WITH AN APPROVED SALE PROCESS UNDER THE U.S. BANKRUPTCY COURT. If the Bidder has recently tested positive for COVID-19 or are experiencing any symptoms of COVID-19 including, but not limited to, fever, dry-cough, tiredness, aches and pains, difficulty breathing, shortness of breath or, have been in contact with someone with COVID-19 or suspected COVID-19, the Bidder will not permitted to attend the auction. These Conditions of Business;1.2.2. I believe this auction highlighted RM Sotheby’s key strengths and capabilities as a global market leader for achieving successful results for private collections. At RM’s discretion, RM will execute order or absentee bids and accept telephone bids and online bids via rmsothebys.com as a convenience to clients who are not present at auctions; RM is not responsible for any errors or omissions in connection with the calling, displaying, accepting, or rejecting of bids. TO THE FULLEST EXTENT OF THE LAW, THE BIDDER AGREES TO DEFEND AND INDEMNIFY RM FROM ANY POST-SALE ISSUES THAT MAY ARISE WITH THE LOT(S), INCLUDING IN ANY AND ALL DISPUTES BETWEEN THE BIDDER AND CONSIGNOR.5. {{item.PreSaleEstimate}} In addition to the Hammer Price, the Buyer is required to pay RM a percentage of the Hammer Price, which RM retains as the Buyers’ Premium for the purchase of each Lot(s) (“Buyers’ Premium”).9.2. Where applicable, RM may take a deposit from the Buyer equal to the amount of VAT due, which will be refunded upon receiving satisfactory evidence that the Lot(s) has been transported to and registered in another EU country. The Elkhart Collection offered by RM Sotheby's auctions has a bit of a dirty background. As Instructed. The mediation and arbitration shall be administered by the American Arbitration Association pursuant to the AAA Commercial Arbitration Rules and Mediation Procedures. A further condition of bidding at the auction is that the Bidder holds RM harmless from any and all tax or regulatory issues that arise due to Tax and Ownership Information (defined below) that RM provides.11.1. Enter the email address associated with your rmsothebys.com account. Any dispute, claim, or controversy arising out of or relating to these Conditions of Business or the breach, termination, enforcement, interpretation, or validity thereof, including the determination of the scope or applicability of these Conditions of Business shall exclusively be subject to arbitration, and shall first be subject to mediation as a condition precedent to arbitration. These Conditions of Business shall be interpreted in accordance with the laws of the State of Indiana. ›. 24 Oktober 2020 von 10:00. Inside, the main building of the Elkhart Collection is stuffed with rows upon rows of cars. RM may use a bid display in the salesroom for informational purposes only. Online Services Are “As Available” and “As Is.” 18.1. Browse the auction catalogue for RM Sotheby's - The Elkhart Collection 2020 on 23 October 2020 in Switzerland on Classic Driver. RM will use reasonable efforts to avoid cancellation/rescission; however, RM has the sole discretion to cancel/rescind the auction and will not be liable to the Bidder for any losses or damages resulting from the cancellation/rescission, including but not limited to if RM believes the following events have occurred or have a reasonable probability of occurring:16.1. 12.4. Statements printed in catalogues, Lot description(s), online content, pre-mailers, advertisements, brochures, signs, and window cards, as well as verbal statements made by Consignors, auctioneers or auction staff, are based on statements and historical files, if any, collected from the Consignor and other third party sources, and RM has no obligation to verify or authenticate any such statements. Lot(s) not marked as “no reserve” (or similar) are subject to a reserve set by the Consignor. It is the Bidder’s responsibility to provide proof of exemption from sales tax. We offer the world's finest cars to the most discerning collectors. Please note that RM may waive this requirement at its sole discretion.20.2. 29.4. {{item.StillForSaleAskingPrice}} The result of decades of judicious and targeted collecting, The Elkhart Collection - Offered Almost Entirely Without Reserve comprises the most exceptional marques and models in automotive history. Absentee and telephone bidding are services provided by RM for the Bidder’s benefit, and RM cannot be held responsible for errors or omissions with respect to the bidding process, including failure to execute any bid. 7.8. 18.3. Anti-Money Laundering. The 240-plus vehicle collection will be sold to pay off the debts of its owner, who … In the event of a final Hammer Price above US$250,000.00 on all motor car lots, RMS will receive a Buyers’ Premium of 12% on the first US$250,000.00 and will receive a Buyers’ Premium of 10% on the Hammer Price above US$250,000.00.9.2.3. Any natural disaster, which despite reasonable efforts, restricts RM from holding the auction;16.1.2. Terms of Service apply. Structural damage to the auction venue prior to the auction, which despite reasonable efforts, restricts RM from holding the auction; and16.1.3. Jurisdiction for any action brought shall lie exclusively in a court of competent jurisdiction in the judicial district in which the auction is located. Kenneth Ahn, President and CEO, RM Sotheby’s, said: “We are extremely pleased with the results, especially considering the complexities and challenges of executing such a high-profile auction with multiple constituents in the current market environment. The Bidder will only be exempt from wearing a mask while eating or, if the Bidder has been diagnosed with a medical condition that prohibits the wearing of a mask.29.5. Specifically, for RM American auctions, if a Lot(s) is not removed by the RM Removal Deadline, the Buyer will be charged a removal fee of up to US$600.00 and a daily storage fee of up to US$100.00 until the Lot(s) is removed. If the Bidder refuses to submit to a temperature check and/or does not wear a mask as outlined, the Bidder must leave the auction premises immediately and/or the Bidder will be escorted from the auction premises by security and, no refunds will be provided.29.6. Lot Closed Please note that in order to register to bid at an RM sale, RM requires a hold and pre-authorization to be placed on the Bidder’s credit card , which is dependent on the particular auction as listed in clause 20.2 (“CC Hold”), from the date of registration until the close of the auction. If the Buyer of a Lot(s) resides in an American state in which RM is registered to collect/remit sales tax, RM is required to collect/remit sales tax on the purchase of that Lot(s). The Bidder agrees not to hold RM or any of their affiliates, directors, officers, employees, agents, contractors, third parties, vendors, guests, or volunteers liable for any issues associated with COVID-19 exposure.29.3. There is no “cooling-off period”, cancellation, or rescission of bids. This was a truly unique collection representing exceptional quality, and we had nearly 75 percent of bidders participating over the phone or internet placing thousands of bids, with more than half of all bidders new to our company. 13.2. The Bidder and any guests in the Bidder’s party, acknowledge the potential risks associated with COVID-19 exposure and voluntarily assume all risks related to exposure to COVID-19.29.2. Except as otherwise expressly provided herein, these Conditions of Business shall not be modified, except in writing. The auctioneer has absolute and sole discretion in the case of error or dispute with respect to bidding and, the auctioneer and RM have absolute and sole discretion, whether during or after the sale, to determine the successful Bidder, to re-open the bidding, to cancel the sale, or to re-offer and re-sell the Lot(s) in dispute. If there is a discrepancy, contradiction, or question of interpretation in a catalogue description for a Lot(s), in print, online, or otherwise between the English version of the catalogue description and a version of the catalogue description produced in a language other than English, the English version will supersede. Any terrorist event, pandemic, war, as well as any “guideline” or “recommendation” by government (local, state/province, federal/national) and/or accredited health organizations (including the World Health Organization) which despite reasonable efforts restricts RM from holding the auction.16.2. The RM Sotheby 's are just a few clicks away to 1.2.5 together are “ purchase Price ” 9! Once you have satisfied the Bidder is responsible for all risk of the last accepted bid upon parties... The Elkhart Collection Versteigerung ( 23, these Conditions of Business displayed on ’. 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Bid, please contact a client services representative at clientservices @ rmsothebys.com.8 across both sale days a...