Apply now
CourseRestoration & Classics Applications open

Consignment in Auction Houses Course

300-hour online course in consignment in auction houses. 6 modules covering Law 7/1996 on Retail Trade Regulation (sales by public auction), Royal Legislative Decree 1/2007 (consumer and user protection) and advanced Excel. Assigned tutor and open enrolment.

Duration300 h
ModeOnline
LanguageEnglish
Start datesSet by the faculty
AwardSEIUM Institute certificate
Enrol now View syllabus Ask an advisor
Virtual lab · try it before you enrol

Take the controls.

Run a real engineering trade-off from this field. Move the sliders, watch the model react in real time and beat the challenge.

SIM · LIVE ●
Learning outcomes

What you will be able to do

01

Explain how a collector vehicle auction works.

02

Value a vehicle and negotiate the reserve price and commissions.

03

Analyse the clauses of a consignment contract.

04

Prepare the lot description, documentation and photography.

05

Organise the logistics, insurance and display of the vehicle.

06

Apply tax regulations and anti-money laundering rules.

07

Manage the closing of the sale and any incidents that arise.

Profile

Who it's for

  • Auction house vehicle specialist who wants to specialise in Consignment in Auction Houses.
  • Collector vehicle sales adviser who wants to specialise in Consignment in Auction Houses.
  • Classic vehicle appraiser who wants to specialise in Consignment in Auction Houses.
  • Consignment manager who wants to specialise in Consignment in Auction Houses.
  • Auction logistics manager who wants to specialise in Consignment in Auction Houses.
  • Collector vehicle investment consultant who wants to specialise in Consignment in Auction Houses.
  • Graduates in engineering or sciences who want to enter auction houses.
Standards & tools

What you'll work with

  • Law 7/1996 on Retail Trade Regulation (sales by public auction)
  • Royal Legislative Decree 1/2007 (consumer and user protection)
  • Law 37/1992 on VAT (special scheme for used goods and collectibles)
  • Directive 2006/112/EC (common VAT system)
  • Law 10/2010 (prevention of money laundering)
  • Law 50/1980 on Insurance Contracts
  • Regulation (EU) 2016/679 (GDPR)
Syllabus

6 modules · 300 h

  1. 1.1Consignment: concept and scope
  2. 1.2Auction houses and their specialisation
  3. 1.3Direct sale versus consignment
  4. 1.4Who is the seller and who is the agent
  5. 1.5Legal framework for consignment
  6. 1.6Required vehicle documentation
  7. 1.7Ownership and encumbrances on the vehicle
  8. 1.8Auction calendar and deadlines
  9. 1.9First contact with the house
  10. 1.10Workshop: preparing a consignment proposal
  1. 2.1The house's estimate and its basis
  2. 2.2Reserve price and its negotiation
  3. 2.3Seller's and buyer's commission
  4. 2.4Catalogue and photography costs
  5. 2.5Transport and storage costs
  6. 2.6Lot collection and penalties
  7. 2.7Minimum price guarantee
  8. 2.8Payment to the seller and deadlines
  9. 2.9Taxation of the transaction
  10. 2.10Practice: financial analysis of a consignment
  1. 3.1Contract structure
  2. 3.2Seller's declarations and warranties
  3. 3.3Liability for the description
  4. 3.4Insurance during consignment
  5. 3.5Exclusivity and duration
  6. 3.6Lot collection and its conditions
  7. 3.7Dispute resolution
  8. 3.8Unfair clauses to watch for
  9. 3.9Review by a legal adviser
  10. 3.10Practice: critical review of a contract
  1. 4.1Identity verification and provenance
  2. 4.2Technical and condition report
  3. 4.3Honest declaration of defects
  4. 4.4Historical documentation provided
  5. 4.5Cosmetic preparation of the vehicle
  6. 4.6Commissioning and operation
  7. 4.7Lot photography and video
  8. 4.8Review of the catalogue text
  9. 4.9Liability for description errors
  10. 4.10Practice: complete lot file
  1. 5.1Transport to the auction venue
  2. 5.2Transport insurance
  3. 5.3Reception and condition check
  4. 5.4Pre-auction display and its custody
  5. 5.5Inspections by potential buyers
  6. 5.6Starts and demonstrations
  7. 5.7Surveillance and risks on the auction floor
  8. 5.8Return if unsold
  9. 5.9Movement documentation
  10. 5.10Practice: logistics plan for a consignment
  1. 6.1Auction result and its analysis
  2. 6.2Subsequent sale and its conditions
  3. 6.3Unsold lot: options
  4. 6.4Buyer default
  5. 6.5Claims regarding the description
  6. 6.6Financial closing and settlement
  7. 6.7Long-term relationship with the house
  8. 6.8Common consignor mistakes
  9. 6.9Documented real cases
  10. 6.10Final project: consignment file for a vehicle
Methodology, software & labs

How you'll learn

100% online training on the SEIUM campus, with downloadable material, recorded classes and an assigned technical tutor. There are no fixed timetables: students progress at their own pace within the intake, which makes it possible to combine the course with work.

Each module combines theory, guided reading of the original standard and applied exercises. The working software is advanced Excel, Hagerty Valuation Tools, Adobe Lightroom, DocuSign, in free, academic or evaluation versions. Case studies are based on real procedures for drafting consignment contracts, describing and photographing lots, and analysing auction results. Assessment is continuous by module, plus the final integrative project.

Accreditable laboratories(EN ISO/IEC 17025) with rotor test rig, EMC/Lightning pre-compliance, HIL/SIL, vibration/acoustics.
Evidence-oriented Master's Thesis:safety case, test plan, compliance dossier and operational limits.
Industry mentorship:lecturers with experience in training, , eVTOL/UAM and flight test.
Flexible format(hybrid/online), international cohorts and support from SEIUM Career Services.
Ethics and safety:a safety-by-design approach, with ciber-OT, DIH and compliance as its pillars.
Capstone project

Build it end to end

Your final project follows the real engineering workflow, step by step, reviewed by your tutor.

Auction result and its analysis

Explain how a collector vehicle auction works.

Subsequent sale and its conditions

Value a vehicle and negotiate the reserve price and commissions.

Unsold lot: options

Analyse the clauses of a consignment contract.

Buyer default

Prepare the lot description, documentation and photography.

Claims regarding the description

Organise the logistics, insurance and display of the vehicle.

Career opportunities

Where this takes you

Auction house vehicle specialistCollector vehicle sales adviserClassic vehicle appraiserConsignment managerAuction logistics managerCollector vehicle investment consultant
Admissions & scholarships

Requirements

  • No prior qualification is required.
  • Internet connection and a computer capable of running the programme's software.
  • A sufficient level of Spanish to follow technical regulatory texts.

Ready to start?

Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.

Apply now Scholarships
FAQ

Frequently asked questions

The programme comprises 300 hours in total, spread over 3 to 5 months. That is an average of 10 to 15 hours per week, compatible with a full-time job.

You will work with advanced Excel, Hagerty Valuation Tools, Adobe Lightroom and DocuSign. Free, academic or evaluation versions are used, and the tutor will indicate a free alternative where one exists.

A SEIUM diploma on passing the continuous assessment and the integrative project. This is in-house training, not an official qualification from the Ministry.

Yes. Modules passed in a course or postgraduate diploma in the same area can be credited towards the advanced programme. Please check the credit transfer policy when you enrol.

Keep exploring

Related programmes

See all in Restoration & Classics
Course830 $

Course in Advanced “Barn Find” Restoration

Online 300-hour course in advanced “barn find” restoration. 6 modules covering Real Decreto 892/2024 (Historic Vehicles Regulation), FIVA Technical Code (classification and authenticity) and advanced Excel…

300 hOnlineRestoration & Classics
Course720 $

Course in Long-Term Storage of Classic Engines

Online 300-hour course in long-term storage of classic engines. 6 modules covering MIL-PRF-21260 (engine preservation oils), MIL-PRF-16173 (corrosion-preventive compounds) and advanced Excel. Assigned tutor and open…

300 hOnlineRestoration & Classics
Course500 $

Course in Electrical Regulation for Vintage Alternators

Online 300 h course in electrical regulation for vintage alternators. 6 modules covering ISO 8854 (alternators with regulator: tests), ISO 16750-2 (electrical loads in road vehicles)…

300 hOnlineRestoration & Classics
Consignment in Auction Houses CourseEnrol
Related programmes

More in Restoration & Classics

Course in Document Conservation in RestorationView programme →Course in Restoration of Classic Exhaust SystemsView programme →Historic Lorry Documentation CourseView programme →Course in Brakes on Historic ScootersView programme →Classic Lighting Course: Historic Spotlights and HeadlampsView programme →Course in Case Studies: Carrera PanamericanaView programme →

All Restoration & Classics programmes → · How to apply · Fees & financing · Scholarships

Scroll to Top
SEIUM – Institute of Advanced Engineering
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.