Geared Online | December
ABOUT THE AUCTION
Monday, December 4
Lots open for bidding at 9:00 AM PST
Friday, December 8
Lots begin closing at 9:00 AM PST
The Geared Online auction series offers a selection of lots with and without reserve, providing a brilliant selection of automotive history for every level of collector. Gooding & Company houses all available lots at the company’s Southern California facility, providing interested bidders the unique opportunity to conduct on-site inspections of the online offerings and interact with our marque expert specialists. The auction house invites you to speak with a Gooding & Company staff member for more information on viewing and inspection, as well as on how to consign for upcoming Geared Online sales.
The complete online catalogue will be available on Monday, November 27.
All Geared Online lots are available for viewing and inspection, by appointment only, at Gooding & Company’s Southern California facility. Appointments are available weekdays 9am to 5pm from Monday, November 27, through Friday, December 8. Please email email@example.com or call 310.899.1960 to make arrangements.
10% of the final bid price for Vehicle Lots
25% of the final bid price for Automobilia Lots
The Buyer’s Premium is in addition to the final bid price that is displayed after “Purchased For.”
Please read the Conditions of Sale for the full terms and conditions of sale. Each capitalized term used but not defined below will have the meaning assigned in the Conditions of Sale.
As set forth more fully in the Conditions of Sale, notwithstanding any oral or written statement or description of any kind regarding any Lot, whether by or on behalf of Gooding or Seller, including in the published description, all Lots are sold “AS IS” and only as collector’s items and may not be suitable for use.
Bidder Registration and Bidding
HOW TO REGISTER
Online bidder registration is available at bid.goodingco.com or through Gooding & Company’s mobile apps for iOS and Android. After the submission of your application, a Gooding & Company representative will contact you to finalize your registration.
Prospective bidders will be required to complete and execute the applicable registration application forms and provide identification (Driver’s License or Passport for individuals and corporate documentation for companies) and provide an original Bank Letter of Guarantee or other form of proof of ability to pay for purchases, in either case, in an amount and in a form acceptable to Gooding in its sole discretion (the “Guarantee”).
Prospective bidders authorize the release of financial information to Gooding for the purposes of verifying ability to pay for purchases.
Please ensure that Gooding & Company receives your completed bidder registration form and Guarantee no later than 24 hours before the close of the Geared Online Auction in which you wish to bid.
For more information about bidding or registration please visit goodingco.com/register or email firstname.lastname@example.org.
INSPECTION OF LOTS
As explained more fully in the Conditions of Sale, bidders are provided an opportunity to inspect all Lots prior to bidding and are invited and strongly encouraged to conduct, and must solely rely upon, their own independent inspection and examination of any Lot and all matters relating thereto before placing any bid. All Geared Online lots are available for viewing and inspection, by appointment only, at Gooding & Company’s Southern California facility. Please email email@example.com or call 310.899.1960 to make arrangements.
WAYS TO BID
Registered bidders may participate in the Geared Online Auction via Gooding & Company’s website and/or mobile app. Please first download Gooding & Company’s bidding app through the iTunes store or Google Play store by searching “Gooding & Company”. For more information about bidding or registration please email firstname.lastname@example.org.
For lots offered “without reserve,” bidding will start at $25. For lots with a reserve, bidding will start at half (50%) of the published low estimate. Bidding will then proceed according to the increment table below.
Each bid is final, binding, and irrevocable, and bidders may not change, retract or rescind any bid once made.
In addition to the final bid price (which is the amount displayed after "Purchased For"), the Buyer is required to pay Gooding a percentage of the final bid price, the Buyer’s Premium. This Geared Online Auction will have the following Buyer’s Premiums:
- 10% of the final bid price for Vehicle Lots
- 25% of the final bid price for Automobilia Lots
The Buyer is responsible for all applicable state and local sales and/or use taxes, duties, tariffs, and license fees on any lot purchased. If Gooding is required to collect sales tax on any lot purchased, Gooding will outline that additional tax on the invoice. If Gooding is not required to collect sales tax, the Buyer may be required to pay taxes directly to the state or local tax authority. For more information we recommend that you consult with your tax advisor.
Payment of the full Purchase Price (as defined in the Conditions of Sale) must be received by Gooding by 5:00 pm PST on Wednesday, December 13, 2023. For buyer convenience for this Geared Online Auction, Gooding will also accept payment via credit card through Gooding’s online payment system.
Lot Removal and Storage
The Buyer must make immediate arrangements for the collection and transport of all purchased lots. All lots must be removed from Gooding & Company’s Southern California storage facility at Buyer’s risk and expense no later than 5:00 pm PST on Friday, December 15, 2023. Please contact email@example.com for assistance in making removal arrangements.
The Buyer is solely responsible for making arrangements for the collection and transport of any purchased lot, but Gooding & Company offers Buyers the following referral for domestic vehicle transportation:
Any lot not removed by Friday, December 15, 2023, will be assessed a storage fee of up to $50 per day. Buyer hereby grants Gooding an irrevocable power of attorney to remove and store purchased lots at a third-party warehouse at Buyer’s risk and expense.
For additional answers to your questions regarding online bidding and Geared Online, please see the FAQ page.