Wholesale to the Public/Vehicle Auction Purchase Agreement

1
Client Info
2
Vehicle Details
3
Terms & Deposit
4
Confirmation

Client Information

Person Vehicle will be registered to:

Vehicle Details

Purchase Method

Trade-in Information

Terms and Conditions

1. Agent Services: The agent will diligently search for vehicles that match the make, model, year range, mileage range, and price range specified by the customer.

2. Communication: The agent will send the customer information on available vehicles at future dealer only auctions that meet the specified criteria. This information will include vehicle reports with condition details if available.

3. Vehicle Condition Reports: The customer is responsible for reviewing and understanding the vehicle condition reports provided by the agent. The agent is available to answer any questions the customer may have regarding these reports.

4. The customer provides a deposit equal to twenty percent (20%) of the intended vehicle purchase price. This deposit is refundable at any time prior to the vehicle being successfully purchased at auction on the customer's behalf, minus a non-refundable service fee for services rendered.

The non-refundable service fee is as follows:

  • $500 for vehicles with a purchase price under $40,000
  • $1,000 for vehicles with a purchase price of $40,000 or more

Once a vehicle has been purchased at auction on the customer's behalf, the deposit becomes non-refundable and is applied toward the total purchase cost.

5. Customer Obligations: It is the customer's responsibility to inspect the vehicle condition reports and ensure they understand the condition of the vehicle before approving any purchase decisions.

Deposit/Purchase Information

Based on the vehicle information you provided, sales data shows us that comparable vehicles are selling for the price range below. This price estimate is based on color, miles, and condition options as well as other determining factors. Based on the estimated purchase amount we require a 20% deposit/down payment.

Final Confirmation

The following information shall be completed and contract signed prior to us buying vehicle at auction on your behalf.

**all figures in USD. Does not include auction fees, tax, title, license/registration, or dealer fees**

if vehicle has not been purchased on your behalf.

Important Notice

Once you have signed this agreement, you have the right to cancel it and receive any amount of money paid including any deposits you have paid, under any of the following circumstances:

  1. The final price of the vehicle purchase exceeds the purchase price mentioned above.
  2. The vehicle is not the same as you agreed for us to purchase on your behalf.
  3. This agreement expired prior to us purchasing the vehicle on your behalf.

Signatures