FEES: BUYER’S PREMIUM is 10% of your final bid price.
PAYMENT: Full payment is due within 2 business days via Bank Wire or ACH. We do not collect sales tax as it is paid direct to your local DMV at the time of vehicle registration. Should funds not be negotiable, legal action will be initiated and the bidder will be responsible for costs incurred.
TERMS OF GUARANTEE Each lot will be sold AS IS, WHERE IS with all defects and faults. No warranties or guarantees of any kind will be given by Seller or Auctioneer. It is the responsibility of the buyer to obtain all possible lot information prior to bidding. Bidders should, whenever possible, carefully inspect each lot to determine the condition and contents. All vehicles are sold AS IS, WHERE IS AND ALL SALES ARE FINAL. Descriptions and conditions are described to the best of our knowledge. Shockwave Auctions (Auctioneer) makes no warranties or representations express or implied with respect to such property as to the physical condition, quality, rarity, importance, or es+mated value of any lot sold. The absence of condition remarks in the catalog entry does not mean the item is in perfect condition or poor condition. No statement anywhere, whether oral or written, listed in the catalog, advertisement, invoice or remarks by staff or the auctioneer, shall be considered a warranty representation or assumption of liability. Descriptions and printed materials are meant merely as a guide. Please determine condition, genuineness and/or authenticity before you bid as all items are sold "As is, Where Is.” All sales are recorded and final. Bidder will indemnify and hold harmless Auctioneer or his/her agents or employees from all actions, lawsuits, damages, costs and losses of any nature, arising from the sale, purchase or use of any lot / item or the acceptance and participation at the auction site before, during or after the auction sale.
FINALIZING SALE: Winning bidders will be contacted to collect names and addresses so we can draft all state paperwork to transfer the title to your new vehicle. Once payment is made and documents endorsed, a vehicle release will be issued with lot location and contact information. Titles are processed each week and sent to the legal name and address listed on the endorsed paperwork.
STORAGE/ABANDOMENT: High bidders have 20 days from the date of auction close to have their property picked up from the recovery location ( or shipped) unless written extensions have been issued by auctioneer. After the 20 days a $25 a day fee will incur until the unit is deemed abandoned where as seller/auctioneer has full recovery rights to resell the property.
AGENCY/VENUE Auctioneer has been hired by the seller and is acting as their agent in conducting the auction. ALL LEGAL DISPUTES THAT ARISE OUT OF THIS AUCTION WILL BE GOVERENED IN THE STATE OF COLORADO.
ACCEPTANCE OF TERMS: Registering to bid and or placing a bid of any kind will indicate that the bidder has full understanding of the terms and conditions and accepts these terms along with the agreement to be so bound. Terms may not be amended in any way except by a signed, written agreement between Auctioneer and Bidder. Bidder acknowledges that they have read, understand, and agrees to abide by the Terms and Conditions contained herein.
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