Payments

Payment in full must be made at conclusion of the auction. Payment to be made in cash, cashier's check, Visa, Mastercard or certified check. Company and personal check must have a bank letter or guarantee or management approval. Bidder agrees to be responsible for the payment of the purchase price Auctioneer's fees, any applicable DMV fees, and taxes due on all bidders' purchases.

Upon making payment for an item, no stop payment of funds will be honored. Any stop payment order of a check, or issuing a check, which is returned marked "insufficient funds," shall be deemed by the parties to be prima facie evidence of fraud existing at the time the transaction was consummated and shall be construed by the parties as intent to defraud.

A 15% Buyers Premium will be added to the bid price of each item purchased.

State and local sales tax will be assessed and collected on all purchases unless legal exemption documentation is provided at the time of sale in the form of a Resale Certificate or a Bill of Lading (must be provided at the time of payment.)

Lot # 1-299 (seized, Court Ordered, City or County Vehicles) Sales Tax, & DMV Fees will be paid directly at DMV. Lot # 300-699 (Repossessions, Lease Returns, Liquidations, & Consignments) are subject to Documentation & Smog Fee of ($105), Sales Tax & DMV Fees, will be paid at The Auction Park the day of the auction.

Out of State Sales

Some commercial trucks will be offered for sale to out of state buyers only as regulated by the California Air Resources Board requirements for the State of California. Items sold for export out of California will be accompanied with a certificate of title and a VIN Stop filed with California Department of Motor Vehicles. Purchasers of items sold for export outside of California will be required to sign VIN Stop and out of state delivery declaration before the item can be removed from the sale site.

Removal of Items

Removal of all items shall be the sole responsibility of the purchaser, loading assistance is provided as a courtesy, and however, purchaser assumes all risk and responsibility for loading and removal of purchases. Auctioneer reserves the right to require proof of adequate insurance coverage from any purchased items requiring dismantling, rigging, or hot cutting. Purchaser agrees to indemnify and save harmless both consignor and Auctioneer, its officers, directors, employees, against any damage caused by the acts of the purchaser. All items must be removed from the auction facility within three days of auction date. If for any reason purchaser fails to remove any purchase with the time specified the purchase shall be deemed abandoned and auctioneer at its sole discretion may resell or dispose of the items.