CHATTANOOGA
AUTO AUCTION POLICIES
Selling
Policies
All vehicles will have a detailed condition report, along with
a digital photo, posted on our web site 5 days before sale.
All vehicles puchased on-line will have a 7-day guarantee in
case of discovery of an undisclosed condition. To be eligible
for compensation, the auction must be notified by the buyer
within the 7-day period of purchase. The auction will determine,
at their discretion, how to handle any compensation. The auction
may choose to refund the purchase price of the vehicle, reimburse
for the costs of repairs, or have it fixed at a repair facility
of the auctions choice.
Rating
System
Frame Damage: Any vehicle with frame damage or title brand Title
Brand will be announced.
All items listed below will be listed on condition reports with
either N/C listed or an approximate cost of repair based on
$30/hour labor rate.
-
Broken, missing or cracked parts
- Tears,
burn marks and cuts greater the ½ inch
- Dings
where there are 3 or more dings on any body panel Note:
A ding is defined as any dent less than 1-1/2 inches with
no paint damage
- Dents
(regardless of number of incidents per panel)
Note: A dent is defined as any depression greater than
1-1/2" or any size with paint damage
- Any
surface scratch greater than 3", or any scratch exceeding
½ inch that breaks the paint
- Stains
to carpet or upholstery that can not be removed by steam or
shampoo
-
Tires with less than 4/32 tread remaining, missing spare or
unmatched tires
Note: Matched tires are defined as same size and speed
rating
-
Windshields with spider/cracks larger than a nickel or chipped
- Any
area showing rust
- Substandard
repairs or any paint that is peeling, chipped, bubbling or
mismatched
Note: 3 to 10 chips are charged as a ½ panel and
10 or more are charged as full panel
- Mechanical
and electrical malfunctions
- Frame
damage
Anything
not addressed above will be considered normal wear and tear.
Payment
Terms
All payments must be received by 12:00 p.m. (noon) the day after
the sale.Vehicle release forms will be placed at the Security
booth once payment has been received.
Payment terms accepted:
- Approved
business check
- Certified
funds
-
Wire transfer
-
ACH
-
Approved floorplans
|