Goodwood Revival - Bonhams Auction

There is a very high quality GTD40 for sale in the Bonhams Auction at the REVIVAL on Saturday, well worth a look if you are considering a purchase.
That is a very nice looking GTD40.
Is it true that Bonham charges a 25% buyers premium up to 100,000 euros?


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For Motor Cars a 15% Buyer's Premium is payable on the first £50,000 of the final Hammer Price of each Lot, and 12% on any amount by which the Hammer Price exceeds £50,000. VAT at the standard rate is payable on the Premium by all Buyers, unless otherwise stated.

VAT is 20% so effectively buyers premium is 18%.

The 25% premium is on Automobilia and License Plates (registration plates in the UK which are issued by DVLA and you have to wait for a sequence to be released to general public and can be traded)

Link to the GTD;
Bonhams : 2000 Ford GT40 Replica by GTD Chassis no. GTD40012020036297
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If anyone goes to the auction ...... please post the result.
It's interesting to contemplate that if the car sells for £80,000 then with the premiums, plus the VAT on the premiums, that the final price will be ............... £93,320 !!!!!!
That makes the three GT40's replica's that Total Head Turners are currently offering look real cheap !
I wait with keen interest to hear the result.