The text below is our user agreement and terms and conditions required to register on our auction site. Please read completely before deciding to participate in an auction.
About the Auction
This website is for online bidding only. The concept is simple: the bidder places online bids before the deadline date, after which the auction is considered closed and each lot goes to the highest bidder. Bidding Deadline times are in Central Standard Time and is noted on our Auction Home page. All bids will be handled through our online auction system. Bids entered by mail, email, fax, or phone will be entered into the online auction system by l’art et l’automobile on the bidders behalf. If you need assistance placing a bid you may contact us at 1.830.864.5040.
Buyer’s Premium & Sales Tax
The purchase price to be paid by the highest bidder will be the sum of the final bid price plus the buyer’s premium of 15% of the final bid. Purchases within the state of Texas are subject to 6.75% sales tax plus any applicable local taxes, unless the buyer is exempted by law and provides l’art et l’automobile with a valid and current resale certificate.
Bids may be placed by mail, phone, fax, online or in person. You may place a one time bid but we encourage you to use our systems proxy bid feature to have your bid automatically increased for you. Just click the link below the bid button and input the maximum amount you're willing to pay for an item into the pop up box. The system will increase your bid by increments as necessary to assure your not out bid. You'll be notified by email if your proxy bid has been exceeded. An estimate of the items value is included in the description for each auction listing.
Price Range Estimates
In addition to descriptive information, each entry on our web site contains a price range which reflects, in our opinion, the price expected to be realized. l'art et l'automobile does our best to research the provenance of every item we offer. If you feel there is an error in our research please contact us with your concerns and we will do what we can to provide more information or issue a refund if you're not satisfied.
The reserve, reserve price or starting bid is the minimum price that l’art et l’automobile is willing to accept. Below that starting price the lot will not be sold. This amount is agreed upon before the auction by both the consignor and l’art et l’automobile.
Raising your Bids
The "minimum bid" or "starting bid" is displayed in the bid box for each auction item. Bid increments are as follows:
$1.00 to $99.99 = $5.00 bid increment
$100.00 to $499.99 = $20.00 bid increment
$500.00 to $999.99 = $50.00 bid increment
$1,000.00 to $4,999.99 = $100.00 bid increment
$5,000.00 to $9.999.99 = $250.00 bid increment
$10,000.00 to $49,999.99 = $500.00 bid increment
$50,000.00 to $99,999.99 = $1,000.00 bid increment
$100,000.00 to $499,999.99 = $2,500.00 bid increment
$500,000.00 and over = $5,000.00 bid increment
Payment may be made to l’art et l’automobile by checks drawn on a US bank, US currency, wire transfer (plus $35 fee), PayPal, American Express, Visa, MasterCard and Discover (PayPal and all credit cards payments will incur a 3% fee). Statements are issued to auction winners and buyers are to make payment within 15 days from the time the statement is issued. If payment has not been received within 15 days of the statement date, there will be a late/storage monthly fee of 1.5%. l'art et l'automobile reserves the right to offer the item to the next highest bidder if the auction winner has not made payment within 15 days of us issuing a statement.
We use UPS ground service. Buyer pays shipping. Overseas shipping fees to be agreed upon between buyer and l’art et l’automobile. We recommend UPS for all shipments domestic and international as items can be tracked and insured in case of loss or damage. Any other carriers are the owner’s sole responsibility.
For international shipment, if declared for the full value, this will be the declared value for Customs. The buyer is solely responsible for all import fees.
Your invoice will be included in your package for domestic (USA) shipping, in an email for international.
Buyer must obtain return authorization from l’art et l’automobile. Such authorization is given only under the condition that the lot(s) is not received as described. Requests for return must be made no later than 10 days from receipt of item. Bids cancelled or returned after the end of the auction for any other reason will incur a cancellation fee of 10% of the closing price.
Conditions of Sale
1. l’art et l’automobile acts solely as agent for the seller of each lot.
2. All property is sold “as is” and neither l’art et l’automobile nor the seller (“consignor”) makes any express or implied representations of any kind or nature with respect to each lot beyond the descriptions contained in the text. It should be noted that all items are described accurately to the best of our knowledge, and questions may be asked.
3. l’art et l’automobile reserves the right to offer duplicate examples to the under bidder.
4. l’art et l’automobile is not responsible for the provenance of lots prior to consignment.
5. This agreement is entered into pursuant to the laws of the State of Texas and shall be so construed and governed.