Auto Salvage Sale

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Jul. 04, 2009

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Terms and Conditions

	The following describes the terms and conditions on which Auto Salvage Sale offers members access to its services. These terms and conditions constitute a legal agreement between Auto Salvage Sale and each member. Membership at Auto Salvage Sale is limited to licensed dealers and dismantlers. Each Member wishing to bid or buy online may log on to Auto Salvage Sale's Online Auction by going to http://www.autosalvagesale.com(the "Website"). Bidders must be a licensed dealer as required by the Member's state department of transportation or other applicable state department. Vehicles, watercraft, ATVs and other Items (collectively, "Items") on the Website are marketed by Auto Salvage Sale for insurance companies, financial institutions, and dealers. TERMS AND CONDITIONS FOR BUYERS 1. General Requirements: Each Member wishing to buy Items from the Website (each, a "Buyer") must be licensed to buy salvage Items as required by Buyer's state department of motor vehicles or other responsible state department. No Buyer which has had its dealer, salvor, or salesperson license suspended or revoked may bid on an Item while the license is suspended or revoked. Auto Salvage Sale may at any time refuse any services (including, but not limited to, bidding, selling, listing, etc.). Buyer may authorize employees, representatives or officers to bid on Buyer's behalf (each, an "Authorized Bidder"), each of whom must be over 18 years old and able to form legally binding contracts. Buyer is responsible for all bids placed by its Authorized Bidder using the Authorized Bidder's ID number and password. 2. Fees: You may get a list of any applicable fees by contacting Auto Salvage Sale via one of the below: Auto Salvage Sale P.O. Box 210596 Montgomery, Alabama 36121 Phone: (334)567-2211 Toll Free (866) 475-2211 Fax: (334) 567-1872 3. Sales Agreement: Once an auction ends on an Item, a sales agreement is faxed and/or emailed to the successful high bidder unless a representative is present at the live Auction. Auto Salvage Sale is not responsible for failed faxes or emails. Upon sale of an Item, the high bidder will need to sign the sales agreement and fax, mail or bring it back to Auto Salvage Sale. Items will NOT be released until a signed sales agreement is returned and payment has been confirmed. 4. Payment: Payment in full and the corresponding signed sales agreement must be received by 2:00 pm on the Friday following the Auction. Payments received after this date will be subject to additional fees and may be considered in default of payment. Both the signed sales agreement and confirmation of payment must be received by Auto Salvage Sale before Item will be released. Item and Title will not be released until payment in full has been received. 5. Following are the accepted methods of payment: Wire transfer – Provided Auto Salvage Sale has received a signed sales agreement, the Item will be released immediately upon receiving Buyer's wire. Wire instructions are located on the sales agreement. Certified funds/money order/cashier's check via next day courier. Company check via next day courier - Buyer must have a letter of credit from their banking institution and be pre-approved to pay via company check. Please note that payment using this option may not constitute an immediate release; all payments received by Auto Salvage Sale in the form of a company check are subject to bank reference checks and confirmation approval. 6. ITEMS WILL ONLY BE RELEASED UPON RECEIPT OF A SIGNED SALES AGREEMENT AND CONFIRMATION OF FULL PAYMENT. Again, if payment and a signed sales agreement are not received by 2:00 pm on the following Friday of the sale, item(s) may be considered not sold and placed back up for auction. 7. Storage and Vehicle Removal: Storage terms may be applied 5 business days after the sale ends. Transporters must give 24 hour notice for Item pick up. Buyer or transporter must have signed release or confirmation number in order for Item to be removed from the Auto Salvage Sale facility. Auto Salvage Sale reserves the right to refuse to load and/or release any vehicle due to unsafe or improper transportation equipment. Registered buyer is responsible for any and all fees for items purchsed. Auto Salvage Sale reserves the right to refuse release of an Item for which payment and signed sales agreement is received if the Buyer has an outstanding balance or has refused to honor Auto Salvage Sale's Terms and Conditions. 8. In the event that Buyer fails to assume possession of the Item within such time period, and alternative arrangements have not been made with the Auto Salvage Sale facility, Auto Salvage Sale will consider Buyer to have defaulted with respect to Buyer's purchase obligations. Subject to Auto Salvage Sale discretion, Buyer may be excluded from all future bidding. All storage fees incurred beyond the Item's "grace period" are payable directly to the Auto Salvage Sale facility upon pickup of the Item. 9. Arbitration: All Item-related complaints must be received by the office of Auto Salvage Sale prior to the Item leaving the Auto Salvage Sale facility. 10. Title Handling For the purpose of these Terms and Conditions, "Title" means any official document that serves as proof of ownership, whether it be a Salvage Certificate, Bill of Sale, Certificate of Destruction or other such document. Sales on behalf of Insurance Companies: Titles are processed and held by Auto Salvage Sale on behalf of the insurance company. 11. Bidding Information: If an Authorized Bidder of a Buyer bids on an Item, Buyer is obligated to complete the transaction. Bids are not retractable. Auto Salvage Sale is NOT responsible if a Buyer ID number or password is lost or stolen. Auto Salvage Sale reserves the right to accept or reject any and all bids, or to withdraw an Item from bidding. On occasion there may be a reserve, or minimum bid placed on an Item. If there is a reserve, it will be noted in the Item bidding area and it will state "The Reserve for This Item Has Not Been Met." Once the reserve is met, it will then state "The Reserve for This Item Has Been Met". If the reserve price for an Item has not been met at the end of the auction, the high bidder is obligated to the high bid. Once the Item is invoiced to the high bidder, that high bidder is responsible for payment. Each time a Buyer's ID or password is used to enter a bid in the Auto Salvage Sale auction, Buyer agrees to these Terms and Conditions of Auto Salvage Sale. As a result, Buyer agrees to pay all amounts due to Auto Salvage Sale are responsible for knowing which Items are admissible to their country and which Items are able to be exported prior to bidding on an Item. High bidders are not final until after the live Auction has completed and the high bid amount(s) have been approved by Auto Salvage Sale and the seller of the item. 12. DISCLAIMERS: INSURANCE COMPANY: ALL INFORMATION ASSOCIATED WITH EACH ITEM IS ACCURATE TO THE KNOWLEDGE OF AUTO SALVAGE SALE WITHOUT INVESTIGATION. DESCRIPTION OF DAMAGE IS AS IDENTIFIED BY AN OUTSIDE PARTY, AND AS WITH ANY WRECKED/DAMAGED ITEM, THERE IS ALWAYS THE POTENTIAL FOR MISSED AND/OR HIDDEN DAMAGES. AUTO SALCAGE SALE AND/OR THE SELLER IS NOT RESPONSIBLE FOR ANY DAMAGES ASSOCIATED WITH AN ITEM. ALL ITEMS ARE SOLD "AS IS, WHERE IS." THERE IS NO WARRANTY EXPRESS OR IMPLIED OF ANY KIND ON ANY ITEM SOLD, INCLUDING WITHOUT LIMITATION, ANY IMPLIED WARRANTY OF TITLE, MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE. MOST ITEMS SOLD BY AUTO SALVAGE SALE HAVE BEEN DAMAGED THROUGH ACCIDENT, THEFT RECOVERY, REPOSSESSION, ETC. ALL SALES ARE FINAL. THE INSURANCE PROVIDER IS NOT LIABLE FOR ANY DISCREPENCIES RELATED TO THE INSURANCE DAMAGE APPRAISAL. SALES BY OTHER MEMBERS DISCLAIMER: ALL INFORMATION ASSOCIATED WITH EACH ITEM IS PROVIDED BY THE MEMBER OFFERING THE ITEM FOR SALE AND IS NOT VERIFIED BY AUTO SALVAGE SALE DESCRIPTION OF DAMAGE IS AS IDENTIFIED BY THE MEMBER, AND AS WITH ANY WRECKED/DAMAGED ITEM, THERE IS ALWAYS THE POTENTIAL FOR MISSED AND/OR HIDDEN DAMAGES. AUTO SALVAGE SALE AND/OR THE SELLER IS NOT RESPONSIBLE FOR ANY DAMAGES ASSOCIATED WITH AN ITEM. ALL ITEMS ARE SOLD "AS IS, WHERE IS." THERE IS NO WARRANTY EXPRESS OR IMPLIED OF ANY KIND ON ANY ITEM SOLD, INCLUDING WITHOUT LIMITATION, ANY IMPLIED WARRANTY OF TITLE, MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE. ALL SALES ARE FINAL. 13. Buyer Information: Buyer information includes any information Buyer provides to Auto Salvage Sale or other users during the registration, bidding or classified process, or through any email feature (defined herein as "Buyer Information"). With respect to Buyer Information: Buyer is solely responsible for Buyer Information, and Auto Salvage Sale acts as a passive conduit for Buyer's online distribution and publication of Buyer Information. However, Auto Salvage Sale may take any action with respect to such information Auto Salvage Sale deems necessary or appropriate in its sole discretion if Salvage Auto Salvage Sale believes it may create liability for it or may cause Auto Salvage Sale to lose (in whole or in part) the services of its ISPs or other suppliers. Solely to enable Auto Salvage Sale to use Buyer Information supplied by Buyer, and so that Auto Salvage Sale is not violating any rights Buyer might have in that information, Buyer hereby grants Auto Salvage Sale a non-exclusive, worldwide, perpetual, irrevocable, royalty-free, sublicenseable (through multiple tiers) right to exercise the copyright and publicity rights (but no other rights) Buyer has in Buyer Information, in any media now known or not currently known, with respect to Buyer Information. 14. Additional Terms for Buyers Purchasing From Other Members: By accepting these Terms and Conditions regarding sales by other Members, Buyer acknowledges that the Item Buyer is bidding upon is an Item being sold by a Member which is a dealer. Auto Salvage Sale is not responsible for any misrepresentation of the Item being offered for sale. Auto Salvage Sale is not a party to the transaction between Buyer and another Member and is not responsible for any disputes between Buyer and that Seller. Buyer takes full responsibility for the completion of the transaction. Any and all disputes arising from the sale of the Item are to be resolved between Buyer and that Seller. Buyer agrees to hold Auto Salvage Sale and all of its officers, directors, employees and agents harmless of any/all losses and damages claimed against Auto Salvage Sale arising from the purchase of the Item. 15. Buyers who submit bids are obligated to complete the transaction. Bids are not retractable. Terms of Sale All vehicles are purchased As-is/Where-is basis, with no warranty or guarantee implied or actual on any unit sold. Although we make every effort to provide accurate information, we must rely on others for the data provided. Therefore we cannot, and do not, guarantee that information provided as to mileage, make, model, year, title status, or history is accurate and/or correct. Auto Salvage Sale is not responsible for any change in vehicle condition after sale. Vehicles left on Auto Salvage Sale premises after sale are left solely at BUYER'S RISK. Bidding/Buying Titles must be signed by the owner and/or their agents. Titles will be completed in the company's name on the buyer's ID card. Registered businesses are required to guarantee payment for any purchases made by the owner and all agents. Company checks are accepted only if your business is registered with Auto Salvage Sale under a buyer's ID card with an approved letter of credit on file. Personal checks are not accepted. Businesses without a bank letter of credit are required to pay by cash or certified funds. For safety reasons, children under the age of 16 are prohibited from entering the sales & storage area of Auto Salvage Sale. No work may be performed on vehicles on Auto Salvage Sale property. Auto Salvage Sale assumes no liability for damage or injury arising from buyer activity. This is an "absolute" auction. Auto Salvage Sale reserves the right to refuse any bid, cancel or reschedule auctions at its discretion, and may add or remove vehicles from the sale at any time. Future changes in auction rules may be distributed in written form or announced at the sale or within the Auction website. Both forms of notification are considered equally binding in nature. How To Become a Buyer You must have a Buyer's ID card from the State of Alabama to register for our auction. In order to obtain a Buyer's ID card, you must have a Dismantler and Parts Recycler License. If you are from a state other than Alabama and have the required licenses to purchase at an insurance auction in your state, the State of Alabama will issue a Buyer's ID Card to you. For more information on the Buyer's ID Card, call the State of Alabama at 334-353-7827.
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