Auction Buyer Cost Calculator

Enter the hammer price, buyer's premium, shipping and insurance to see the total you will pay including VAT.

Hammer price (final bid)150,000 ₺

5000 ₺2,000,000 ₺

Buyer's premium

Shipping

Shipping insurance (0.8% of hammer price)

Buyer's premium33,000 ₺

VAT on premium (20%)6,600 ₺

Insurance cost0 ₺

Total payable189,600 ₺

Extra cost relative to hammer price26.4

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This calculation is for information only; commission and tax rates may vary with the auction terms and current legislation. The final amount is set by the invoice. Buying art is not investment advice.

Other tools

Seller Net Proceeds CalculatorEstimate the net amount you receive after an auction from your work's hammer price and commission rate.

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