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BUYERS TERMS
• Bidder is responsible for purchasing all items that were awarded to them during the auction. All items become the full responsibility of the bidder at the time of the winning bid, and the bidder assumes all risk of loss and damage to property at that time.
• 25% of the invoice total is due Saturday, the day of the auction. The remaining 75% of the total invoice is due by no later than the Monday following the auction. Post Falls Auto Auction reserves the right to charge the customer’s card on file for the entire invoice amount, including any applicable processing fees. Charges made to cards cannot be refunded for a change of payment method.
• Acceptable forms of payment: cash, cashier's check, company check, personal check, Visa, Discover, American Express, MasterCard, debit card, or wire transfer.
• All items sell as is, where is with all faults, and without warranty expressed or implied. Please inspect all items in the sale prior to bidding on them.
• Winning bidder may not rescind or challenge a purchase for any reason, including later dissatisfaction or discovery of defects.
• PFAA reserves the right to resell any property not paid for in full by the conclusion of the stated pick-up period. In any such event, the bidder will still be responsible for payment of the original purchase and the costs of collection of this payment, and/or damages resulting from the resale of the property. The bidder agrees to pay all attorney fees and other costs incurred by PFAA in its efforts to collect unpaid funds from the bidder.
FEES
• 10% buyer’s premium
• $75.00 document fee per titled item
• $22.00 title fee per titled item
• 6% sales tax (no tax charged to out of state residents, except for on non-titled items)
• $40 out of state title fee per item for purchasers outside of ID, WA, and MT (This fee is used to rush title vehicles into Post Falls Auto Auction’s name so that titles can be sent directly to purchaser.)
• $10 30 Day trip permits are available to non-Idaho residents (Idaho residents will receive a trip permit with their title transfer paperwork.)
• $20 Change Fee to put item into someone else's name. That person will need to be on site at time of paperwork. This will only be allowed when the original invoice is paid in full.
*There will be an additional 2% processing fee on total balance when paying by card or check*
REMOVAL
• All items must be paid in full before they can be removed from our facility. Items purchased with a check will not be considered paid in full until check clears PFAA’s bank account.
• All items need to be removed by Friday, within 5 business days following the auction. Any vehicle left here longer than that will accrue a $50 per day storage fee.
• Ownership of and payment on all items left on-site for longer than 90 days will be forfeited to Post Falls Auto Auction. Additionally, the buyer will still be responsible for the $50 per day storage bill.
• Out of state bidders DO NOT need to be onsite to complete paperwork. A VIN specific power of attorney for each item purchased will need to be completed and notarized. This, along with a copy of the buyer’s driver license, will need to be emailed, mailed, or faxed back to PFAA prior to the start of any title transfer work. Items cannot be removed from Post Falls Auto Auction premises until this has been completed.
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