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Business Policies


The auction promotes these policies to ensure that all business is fair to both buyers and sellers.
 If the auction feels that a business transaction is unethical it may terminate the sale.  

The auction does not guarantee or get involved with any warranty coverage including factory or dealer warranty on vehicles sold at auction.


The auction does not guarantee that information on Auto Check, Carfax, etc and will not arbitrate based solely on this information.


All arbitration issues should be discussed no less than 1 hour after the sale, and at this time all concerns need to be addressed in initial claim.


Auction is not responsible for loss or damages to any vehicles left on Auction Premises at owners request and risk, Auction has right to tow/impound vehicle if left in parking lot for more than 1 week.

 

ABC Atlanta Sale- Light System

The auction has a customized light system to describe the condition or announcements related to the vehicle being purchased. The light system is as follows:

·         Green Light - "Drive" this signals that the vehicle is guaranteed under policies listed in section, Sale Date Arbitratable Items, with exceptions for specific announcements made prior to sale.

·         Yellow Light - "Caution/Listen" this light is an indication to the buyer that the seller has made announcements that limit this vehicle from being arbitrated.

·         Red Light - "As Is" this light indicates that only qualifying vehicles under Red light arbitration section.

·         Blue Light -"No Title" Assignable title not present at time of sale. For auction rules regarding Titles please see assigned section.

The seller understands that the sale lights are a prerequisite statement for vehicle conditions, and is responsible for ensuring that their vehicles sell under the correct light.

The buyer is also responsible for listening to announcements related to vehicle and to understand the sale lights which identify sale conditions.

 

Click Here For Arbitratable Conditions

 

“AS IS” vehicles sold under red light

The following conditions represent an “AS IS” sale and are not subject to arbitration for any reason, except odometer discrepancies, frame/unibody and mandatory announcements in previous section.

1.     All vehicles sold under $3000.00.

2.     All vehicles 10 years old and older.

3.     All vehicles over 100,000 miles.

4.     All miscellaneous items such as boats, campers, taxi’s, motorcycles, dune buggies, trailers, jet skis, antique cars, snowmobiles, these items are exempt from arbitration for frame/unibody damage, mileage/hours and year model.

5.    All off the block sales are sold “AS-IS”, it is buyers responsibility to inspect vehicles.

6.     All vehicles for $500.00 or less are exempt from frame/unibody arbitration.

7.     All vehicles sold at In-Op sale are sold AS-IS, no exceptions.

8.     Auction does not guarantee miles on vehicles that are exempt regardless of what seller announces.

9.    Cars 10 years or older are exempt. All vehicles that are Exempt are TMU. The True mileage is not known on Exempt vehicles. TMU does not have to be announced on Exempt vehicles. The state of Georgia does not recognize miles on cars 10 years or older.

Title Policy

The auction guarantees the titles of vehicles that are sold at auction are clear of all liens. Failure to announce that the title is not present at the sale “No title” (blue light) at the block permits the buyer to void the transaction; this is limited to “sale day only”. If vehicles is sold with title, title must be turned in no later than 12:00 noon on Wednesday for Tuesdays Sale and no later than 12:00 noon on Mondays or a “no title fee” will be charged.

Late titles:

Buyer is cautioned not to spend any money on unit (you will not be reimbursed) and not to put excessive miles on unit, not to damage unit and not to sell unit until title is received. After 30 calendar days, the buyer has the option to return the unit or wait for a reasonable period of time for title. Special arrangements must be made with Auction before unit is returned. Auction must be notified 24 hours prior to return of the unit by the Buyer. The Buyer must have prior approval from Auction management to return any unit to Auction. The Seller is responsible for all Auction fees due on transaction.


Seller Responsibilities

1.     All conditions, mileage discrepancies, and known defects are fully disclosed. All insurance company information such as total loss, flood damage, theft, collision and government title.

2.     Seller must disclose all mandatory announcements under Seven Day- Mandatory Announcements regardless of lights.

3.     Seller as clear and valid title (see section Title Policy).

4.     All Gray Market vehicles must be announced.

5.     Odometer Status- Actual Miles, Exempt, TMU, replaced, Salvage History, Theft Recovery, Lemon law buybacks, donated charity, former taxis, livery, municipal and government vehicles.

6.     State of Georgia Ad Valorem (taxes owed on a car prior to trade-in by public individual,) exceeding $100 or 1 year must be announced by the seller. The seller will then be responsible to reimburse the buyer the monies due to the state.


Buyer Responsibilities

1.     Buyers should inspect vehicle fully before purchase and verify seller’s disclosures. The VIN, year, make, model, mileage and odometer must be checked before leaving.

2.     The auction is not responsible for administrative errors. It is buyer’s responsibility to listen for announced conditions and watch for lights.

3.     Buyer will follow Auctioneers price, any discrepancies should be addressed at the time before the auctioneer says “SOLD”, not following the sale. Items written in vehicles by the seller are a representation and are subject to arbitration.

4.     Buyer will pay bid price plus buyers fee as posted through out auction. Buyer also guarantees sufficient funds, draft or floor plan. Dealers check must be printed to match dealer’s license and auction registration, NO personal checks.

5.     Buyer agrees that if vehicle is returned to auction it is in the same condition or better when purchased. Buyer may be charged for damage, or excessive mileage which will be determined by the auction.

 

Gray Market Vehicles

No Gray Market vehicles other than vehicles made in North America for Canadian use that are converted to U.S conditions can be sold. The vehicle must be in conformance with all federal safety standards. Seller must also disclaim that vehicle is a Canadian vehicle at time of registration and announced on block. Vehicle must have valid title.

 

General Policies

  • No Fire Arms allowed on Auction premises, except by authorized Auction personnel.

  • No Alcohol allowed on Auction premises

  • No Children under the age of 15 allowed on auction premises. No Exceptions.

  • No customer allowed in restricted areas without a Bidder Badge.

  • All dealers must be licensed in their state and registered at this auction before doing business.

  • All Public Customers must be registered prior to doing any business.

  • All Public Customers must have a valid drivers license.

  • All Titles submitted by seller must be in sellers name and completed. Foreign titles are not acceptable.

  • Failure to announce that the Title is not present at the sale "No Title" (blue light) at the block permits the buyer to void the transaction. This is limited to day of sale only.

  • All vehicles with a Salvaged Title or Previous Salvaged title must be announced.

  • If a vehicle is to be sold with a title, the title must be presented at the block at the time of sale or a "No Title Fee" will be charged.

  • All Public Customers must submit a clear and valid title to the office for review before they will allowed to consign a vehicle with the auction.

  • Titles and supporting documents with corrections, erasures, deletions or alterations are not acceptable.

  • Buyer is responsible for verifying serial number, model year and mileage reading on all purchases at time of sale. No vehicle will be offered for sale without serial number plate or proper verification. Seller is responsible to ensure a vehicle is properly offered for sale at the block.

  • The Auction will not be responsible for administrative errors. It is the buyer's obligation to watch lights and listen to "Announced Conditions".

  • All police vehicles, taxi cabs, municipal or government vehicles, fire damaged vehicles, flood damaged vehicles, clips, salvage vehicles, reconstructed vehicles, kit cars, motorcycles, boats and trailers must be sold "As Is" under red light and announced as such.

  • Vehicles selling for $3,000.00 or less become "As Is" and are not subject to arbitration for any reason.

  • The Auction does not guarantee any warranty, service policy or mileage.

  • The Auction does not guarantee the model year of any house trailer, motor home, boat, boat motor, antique, truck, dune buggy, kit car, or motorcycle. Seller is responsible for verifying the model year of the vehicle being sold. The Auction will not become involved in any subsequent disputes regarding model year. Verification of the year, make, and model is the responsibility of the seller.

  • "If" sales will be binding to the Buyer through 12:00pm Noon the following business day of the sale when purchased. In the event the auction cannot reach the Seller, the "If" sale stands at the Buyers option till contact can be made with the Seller.

  • Vehicles are left on auction premises at owner's request and risk. The Auction will not be held responsible for loss or damage, even though the keys and vehicle may be placed in the Auction's custody.

  • Vehicles left on Auction premises for a period of 5 days or more will be assessed a $25.00 storage fee followed by a $5.00 charge per day until unit is picked up.

  • Adjustments, rejections, or arbitrations must be handled on Sale Day. The Next Day Is Too Late!

  • Auction policies are subject to change without notice.

 

 

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WE ACCEPT THE FOLLOWING FLOOR PLANS

 
 

MAFS     Lenders Group     Carbucks     Dealer's First     Chase

 

 


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Page Updated On 08/25/2008