ThoroughBid, racing’s online auction house, is offering an early Christmas present by waiving its entry fee for any lots that fail to sell at its upcoming Christmas Sale on Wednesday 20th December.
The Standard Entry Fee of £250 ( VAT) will only be charged to lots that sell. Anyone who opts for a £350 Bespoke Entry, which includes professional videography and photography, will only have to pay £100 ( VAT) if their horse goes unsold.
Entries for the Christmas Sale close on Wednesday 8th December and can be made online: https://thoroughbid.co.uk/login?p=enter-horse.
James Richardson, CEO of ThoroughBid, said: “With plenty of confidence taken from our latest clearance rates, we’re happy to offer some insurance for vendors and will only be charging an entry fee for horses that sell. Hopefully this risk-free consignment will pave the way to making selling more affordable for a host of people in the industry, while selling online can also help yards avoid the extra staff and travel costs incurred by travelling to sales.
“Times are especially tough at the moment, with the costs of keeping and selling horses ever increasing. As such, we’re really wanting to support our industry here, and hope that we’re providing some financial aid at what can be a difficult time of year for so many.”
ThoroughBid’s Point2Rules Bonus is also continuing into the 2023/24 season, whereby any pointer sold with ThoroughBid who then goes on to win Under Rules on debut will earn £5,000 for its new connections.
Speaking to ThoroughBid about the bonus, top British Point-to-Point owner and trainer, Chris Barber, said: “ThoroughBid’s Point2Rules Bonus is a very helpful initiative for the industry. I remember selling Talkingtothemoon to Anthony Honeyball via ThoroughBid last June, and the carrot of a £5,000 bonus certainly helped convince him to bid an extra few thousand. And once the horse was sold, we just walked him over to Anthony’s and that was that.
"Online sales make it a very easy and stress-free way of doing it. Rather than loading up and going to the sales, you can do it all from your own home.”
"Online sales make it a very easy and stress-free way of doing it. Rather than loading up and going to the sales, you can do it all from your own home.”
