Fees
Two fixed fees, both charged only when a vehicle sells. There is no subscription and no charge for listing.
Buyer Premium
Charged to the winning bidder on auction completion
Flat fee per vehicle, regardless of sale price
How it works
- ✓ Charged to the card on your account when you win an auction or accept a counter-offer
- ✓ The same £100 on every vehicle, whatever the sale price
- ✓ Covers our service only. You pay the seller for the vehicle directly, not through us
- ✓ No fee for bidding on auctions you don’t win
Seller Fee
Charged to the seller on a successful sale
Of the final sale price — minimum £150 per vehicle
How it works
- ✓ Charged to the card on your account when the sale is agreed
- ✓ Nothing to pay if the vehicle doesn’t sell
- ✓ Example: a £10,000 sale costs £200; a £5,000 sale costs £150
- ✓ The buyer pays you directly within 3 working days and collects within 5
- ✓ Your listing is visible to every approved dealer on the platform
What to expect
Costs known up front
Buyers pay a flat £100 and sellers 2% (minimum £150). Both are shown before you list or bid, and they are the only money that passes through ParkedAuction.
Trade on your schedule
Sellers choose when an auction starts and how long it runs. You can list and bid from any device.
Trade members only
Each dealership is reviewed before its account is activated. Private buyers and sellers aren’t accepted.
Bids are binding
Once the reserve is met, the winning bid is a commitment for both buyer and seller under the dealer terms.
If the reserve isn’t met
The seller has an hour to accept the top bid, decline it, or send one counter-offer. The top bidder then has an hour to accept or decline.
Live price updates
The current price updates as bids are placed. You can turn on browser notifications to hear when new auctions start.
You settle directly
When a sale is agreed, both dealers get a memorandum of sale with each other’s details, and an emailed invoice for our fee. The buyer pays the seller and collects the vehicle directly; neither goes through ParkedAuction.
Register your dealership
We review each application and email you once your account is approved.
Register Your Dealership