What is the ‘Administration Fee?
Grays has introduced a new fee (called an ‘Administration’ Fee) payable by purchasers for all vehicle invoices produced by Grays for sales which commence on Monday 1st July 2024. This fee applies to each of the Grays sales types (including, Online Auctions, Pass-in Sales, Make an Offer sales, and ‘Buy Now’ sales, further details of which are contained in the Grays User Agreement).
This fee covers Grays ‘Administration’ related costs and expenses associated with the items purchased that are contained in your invoice.
The amount of the fee payable will be calculated by Grays and then displayed on grays.com by Grays when you enter either:
- the confirm bid stage of the bidding process for Online Auctions and Pass-in Sales, as applicable;
- the confirm offer stage of the offer process for Make an Offer sales; or
- the buy confirmation page for ‘buy now
The amount of the fee payable by a purchaser is $25.00
- Administration Fee is GST Exclusive
- Please refer to Grays’ Australian User Agreement for the definition of “Winner’s Bid Amount”, “Winner’s Pass-in Bid Amount” and “Winner’s Offer Amount”.
- This fee is subject to change and may be reviewed and/or amended by Grays