Updated Auction Policies 4/1/2021
|
|
The PSI fee has been increased to $125. The auction classifies a Seller Guaranteed transaction to be AS IS. Any arbitration is to be done between the seller and buyer on the day of the sale. All vehicles sold in the J Lane are sold AS IS with no arbitration. These are inoperable vehicles. The auction will no longer offer a PSI on Seller Guaranteed purchases. Seller Guarantee is a privilege that can be suspended at any time without notice. Each purchase made through Edge Pipeline will be charged a $25 fee. All persons doing business at this Auction must first register in the office and have bid or yard passes in their possession on sale day. |
|
All transactions must clear through the Auction office. Persons found to violate this are subject to suspension of auction privileges. | |
All purchases must be paid for before vehicle is removed from auction premises or with prior special conditions through the credit office. | |
The Auction does not guarantee warranties or accuracy of odometer reading. | |
The Auction Guarantee applies only to engine block, transmission and rear end.(More details in office). | |
All vehicles Sold with diesel engines or boats, miscellaneous or homemade items, salvage vehicles, flood vehicles and Municipal vehicles are sold "As Is No Arbitration" and Must be announced. | |
All vehicles sold $2,500 or less are sold "As Is No Abritration" | |
Vehicles 10 years and older by manufacturers date will be sold mileage exempt. | |
All arbitrations must be made on the day of the sale and prior to being excited from auction property with the exception of potential frame damage on purchases of vehicles 6 years and newer, over $3,000 and under 125,000 miles. Vehicle must be returned to the Auction to have frame shop determine extent of damage. All must be completed within a SIX (6) day limit for seller's to re-enter vehicle in next sale with announcements being made | |
All vehicles sold TA must have the title in the office within twenty-one (21) days after date of sale. There will be a $25 TA charge after fourteen (14)days. | |
No guarantees on visible body defects, glass, dash indicator lights, or air conditioning systems. Current year 2-wheel drive SUV's must be annouced. | |
Any vehicle not paid for by Friday noon without prior arrangements with the credit department will be assessed a $100 late payment charge PER VEHICLE. | |
Any vehicle sold Seller Guarantee must be Ok'd by purchaser for Seller to receive payment. The auction classifies these transactions to be As-Is sales and any arbitration must be done between seller and buyer. Seller being subject to all fees on vehicles purchaser will not pay for whatever the reason | |
As-Is No Arbitration - Please pay attention when puchasing a unit As-Is No Arbitration. There is absolutely no arbitration including frame. |