RICHARD BAR­NETT

Classic Car Weekly (UK) - - Auction News -

These days it seems a clas­sic car auc­tion­eer is start­ing up al­most ev­ery week. OK, that’s an ex­ag­ger­a­tion, but as in­ter­est in older cars de­vel­ops with the rise of mod­ern clas­sics, it en­cour­ages more peo­ple into the busi­ness.

That’s good be­cause it of­fers choice, but at the same time, both ven­dor and buyer need to know just what kind of ser­vice they’re get­ting. So is it time to level out the play­ing field, in­stall some trans­parency and in­sist that any com­pany solely selling clas­sic cars should be a mem­ber the Na­tional As­so­ci­a­tion of Mo­tor Auc­tions (NAMA) trade as­so­ci­a­tion?

While it’s there to look after its mem­bers, it also aims to raise stan­dards. It also op­er­ates a code of prac­tice and, if re­quired, a con­cil­i­a­tion ser­vice. Dis­putes be­tween clas­sic buy­ers and auc­tion­eers are in­fre­quent, but the in­creas­ing num­ber of buy­ers means a greater chance of dis­putes, which in turn could dam­age the in­dus­try and a pretty good rep­u­ta­tion that’s been built over the years.

For a Johnny-come-lately auc­tion­eer to drag that rep­u­ta­tion down would be un­fair, so per­haps it’s time for all clas­sic auc­tion­eers to sign up with the NAMA.

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