Special Terms
Bidding: ALL BIDS ARE FINAL AT AUCTION. If you are awarded the final bid, ownership changes handle at the drop of the gavel. You are responsible for payment in full. No bidder may retract a bid made during the sale for any reason.
Buyer's Fee: A buyer's fee is an amount charged by the auctioning dealer, The Raleigh Classic for conducting the auction sale. If your bid price is accepted as the winning bid on any lot, you will be charged a buyer's fee in addition to the accepted bid price. The buyer's fee is part of the purchase price and is subject to sales tax, if applicable. Any terms and conditions posted at the auction premises. Buyer's premium is 11% on all automotive lots.
Terms of Payment: Payment of the purchase price is due immediately upon the Auctioneer's declaration of sale. All payments must be in the form of cash or certified funds unless other arrangements have been approved in advance. Cash payments will be reported according to U.S. Federal government requirements. Should a bidder default on payment in any manner whatsoever, without limiting any recourse to Auction America, LLC may have, bidder agrees to pay Auctions America, LLC all lost auction fees ( which is the maximum published rates for (a.) the seller's fee, (b.) the buyer's premium, and (c.) the entry fee), this amount is due and payable without relief. Bidder will also be liable to seller for its damages. Bidder hereby authorizes Auction America, LLC to deduct these lost auction fees form bidders cash deposit, or to charge this amount to the credit card provided. Bidder agrees not to dispute this charge with the credit card company at any time. Bidder agrees to also pay Auctions America, LLC's costs of collection, including attorney's fees and costs.
Conditions of Sale: Bidder is responsible for inspections and verification of condition, authenticity, and completeness of any vehicle purchased. Statements printed in catalog brochures, signs, window cards, and verbal statements made by auctioneers or auction staff are representations made by the Consignor and The Raleigh Classic has no obligation to verify or authenticate any such claims or representations. Any announcements made at time of sale supersede any earlier printed information. Except as herein provided, all vehicles are sold as is, where is, with no representations or warranties, expressed or implied and CONSIGNOR AND THE RALEIGH CLASSIC DISCLAIM ALL WARRANTIES, EXPRESSED OR IMPLIED AS TO CONDITION, ORIGINALITY, OR AUTHENTICITY, PREVIOUS USE OR OWNERSHIP, MANUFACTURING OR RESTORATION PROCESSES, YEAR OR AGE, SERIAL NUMBER, MAKE, MODEL, OPTIONS, TOOLS, OR MILEAGE OF ANY VEHICLE OR COMPONENT OF ANY VEHICLE, AND SPECIFICALLY DISCLAIM ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE. In no event shall Auctions America, LLC, the auctioneer, or any of its employees, agents, associates or affiliates be responsible or liable in any way for any warranties, guarantees, histories, or descriptions of any vehicle or article offered for sale.
Risk or Loss: Bidder is responsible of all risk of loss or damage immediately upon purchase of the vehicle or item, which occurs at the time of sale when bidder is declared by the auctioneer to have the successful bid. All vehicles or items purchased must be removed from the auction site at the bidder's expense immediately following the sale. If not removed by the end of the day following the sale, The Raleigh Classic will remove the vehicle or item with all costs of moving and storage to be paid by the bidder.
Dealers Note: All dealers must have a current sales tax license and current dealer license on file with the auction office.
Other Terms: Vehicles not marked as offered without reserve are subject to a reserve bid set by the Consignor. When a vehicle is sold subject to such a reserve bid the auctioneer may bid on the Consignor's behalf in an amount not to exceed the amount of the reserve bid. All terms of sale posted on the auction premises, printed in sale brochures or forms, publicly announced, or otherwise published are incorporated herein by reference. In the event either party brings action against the other arising from or relating to this bid card or any auction held in connection herewith, the prevailing party, as determined by the court, shall be entitled to recover its reasonable attorneys' fees and costs. The law of the state in which the auction is held shall govern the provisions of this bid card. Jurisdiction for any action brought shall lie exclusively in a court of competent jurisdiction in the judicial district in which Raleigh, North Carolina is located. You are responsible for all bids made with this bidder number, whether or not made by you and whether or not authorized by you. If your bidder card is lost or stolen, immediately report to The Raleigh Classic auction office as all bids made with this bidder number will be your responsibility. Seller of any vehicle will be paid once funds are collected in full from Buyer.
ONLINE/PHONE BIDDER RULES
1. All bidder rules listed above apply to online/phone bidders with the addition of the rules that follow.
2. All sales whether live, online or over the phone are “AS IS WHERE IS” with all defaults and defects and the purchaser is responsible for any inspection or lack thereof. All sales are final.
3. Online/Phone bidders agree to hold Auctions America, LLC and its employees harmless for any matters arising from the nature of the absentee bidder process.
4. It is the responsibility of the purchaser to secure proper transportation for any purchased vehicles. Auctions America, LLC can suggest appropriate transport companies but it is ultimately the purchaser’s responsibility to remove vehicles by the close of business the Monday following.
5. No bids will be taken from unregistered bidders.
6. Auctions America, LLC will attempt to reach a phone bidder at all numbers provided by the bidder on the registration form. If Auctions America, LLC is unable to reach the bidder, no bid will be placed. The bidder forfeits his/her opportunity to bid.
7. Auctions America, LLC makes and provides no guarantee or assurance Raleigh Classic Car Auctions internet or phone bidding services will operate without interruption or that all services, products, features, functions, content or operations will be available or perform as described or at any particular time or times. Auctions America, LLC is not responsible or liable for 1) Malicious code, delays, inaccuracies, errors, omissions or mistakes arising out of bidder’s use of Auctions America, LLC internet or phone bidding services 2) Any interruption or cessation of transmission to or from our website or to or from our telephone representative 3) Any bugs, viruses, Trojan horses or the like which may be transmitted to or through our site by any third party, or 4) The defamatory, offensive, infringing, breaching, fraudulent or illegal conduct of other users or third parties. Bidder acknowledges and agrees that bidder is assuming the entire risk of using Auctions America, LLC internet and phone bidding services and the features and functions associated with Auctions America, LLC internet and phone bidding services
