Willy Neutkens Auction Results from Munich

[Peter D. Nettesheim]

Perfect, Perfect, Perfect!!!

[schrader7032]

Did you guys see this article?

http://thevintagent.blogspot.com/

Peter, care to comment?

Kurt in S.A.

[jeff dean]

I think what Peter is saying is to use the hammer price (not the full sale price which was already inclusive of the buyers premium), then multiply by 1.76775.

Let's try this using the R32 as an example. It sold for a hammer price of 95,000 euro.

95,000 euro x 1.76775 = 167,936.25

I think what happened was that you used the full sale price of 109,250 euro which already included the buyers premium. The result from that calculation effectively doubled the buyers premium, which gave the very high 193,126 number.

Does this make sense or am I reading the auction information wrong?

Glad someone around here has brains. How is this:

Bonhams Willy Neutkens
Auction Results by Price
--------------------
1924 R32 $167,936
1928 R63 $104,298
1931 R16 $88,387
1924 R42 $54,362
1929 R62 $49,456
1927 R42 $44,194
1930 R11 $42,426
1942 R75 $42,426
1953 R67/2 $40,658
1928 R52 $38,890
1939 R12 $38,890
1928 R52 $37,122
1942 R75 $37,122
1936 R5 $35,356
1934 R11 $31,820
1939 R66 $31,820
1938 R51 $22,981
1939 R51 $22,981
1950 R51/2 $21,213
1938 R71 $19,445
1940 R12 $17,677
1938 R61 $14,584
1936 R3 $14,132
1931 R2 $12,728
1932 R4 $12,374
1951 R51/3 $12,374
1935 R12 $11,491
1953 R67/2 $10,607
1961 R60/2 $10,607
1933 R4 $9,723
1937 R35 $9,723
1939 R23 $9,723
1937 R20 $8,662
1933 R2 $8,485
1948 EMW $7,247
1951 R25 $7,071
1950 R24 $6,717
1952 R25/2 $5,656
1963 R27 $5,656
1957 R26 $5,480
1954 EMW $5,303
1955 AWO $4,066

[rosenstein6900]

Don't forget, that the above prices are FOB Munich. Add transport, duties and local taxes and you end up with a hefty additional cost. I was there as well and had my eyes on a R12, but not at that cost. Witnessing the R32 bidding duel between the eventual Aussie winner and an Italian gentleman was well worth the price of admission. I doubt that I will ever see anything like this again.

Hans

[glasuritblack]

Don't forget, that the above prices are FOB Munich. Add transport, duties and local taxes and you end up with a hefty additional cost.

What's a few thousand more when your spending double, triple or quadruple the expected sale price... for a non matching bike

[Bruce Frey]

Just to add insult to injury, most of us will pay somewhere between 1 and 3% to convert our currency into €...unless, of course, you own a bank.

Bruce

[redavide]

It's my understanding that if the buyer resides outside of the EU and the bike is being shipped to a country that doesn't belong to the EU, the 19% VAT tax does not apply. (Although the buyer would be subject to the import taxes of the destination country).

[jeff dean]

It's my understanding that if the buyer resides outside of the EU and the bike is being shipped to a country that doesn't belong to the EU, the 19% VAT tax does not apply. (Although the buyer would be subject to the import taxes of the destination country).

Good grief!

I guess that all we can really say with surety is the some of the old BMWs, in U.S. $, cost a whole lot and some cost less than a whole lot but still quite a bit.

And then you have to get them home from "das Vaterland."

[redavide]

jeff dean wrote:

I guess that all we can really say with surety is the some of the old BMWs, in U.S. $, cost a whole lot and some cost less than a whole lot but still quite a bit.

You got that right! Not much sense in using those weakling dollars around these parts . . .

[Bruce Frey]

Without question, there is no VAT on the bike itself if it is exported...just like buying parts form Huggett.

I am not sure if he VAT on the 15% buyer's premium is avoidable, however, as it is a service that was rendered in the EU.

Bruce