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WebAuctionChicago.com Terms and Conditions
DISCLAIMERS
- A. All vehicles sold through URTI's auction are sold "AS IS, WHERE IS", WITH NO WARRANTY, EXPRESSED OR IMPLIED, INCLUDING BUT NOT LIMITED TO ANY WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE OR MERCHANTABILITY. URTI expressly disclaims the accuracy or completeness of any and all information provided verbally, in writing, or in image form. This information includes, but is not limited to year, make, model, VIN, mileage, odometer disclosures, VIN, condition, damage and sale documents.
- B. URTI does not guarantee that vehicles sold can be legally resold or transferred in any state or country. Buyer accepts all risks associated with vehicle title and registration laws for all states and countries.
REGISTRATION
- A. All buyers must be 18 years of age or older and meet all requirements imposed by the federal, state and local government laws and regulations. URTI reserves the right, at its discretion, to deny or revoke participation for any individual or entity.
- B. All current and prospective buyers must possess and provide copies to URTI of all necessary and applicable licenses (we require either an Illinois UDL (salvage, rebuilders, dismantler or recycler, or an Illinois OSB) Licenses that are annually renewable must be resubmitted every year to URTI to ensure eligibility.
- C. Buyers are responsible for all transactions and account activity, including, without limitation all bids placed by buyer and authorized bidders for buyer, either in writing, on a bid sheet, fax or email, or verbally to an URTI authorized auction representative.
- D. Buyers and their guests irrevocably and unconditionally waive and release their rights (if any) to recover from URTI, its directors, officers, employees, representatives, agents, subsidiaries and affiliates any and all damages, losses, liabilities, cost or expenses and claims thereof, whether direct or indirect, known or unknown, foreseen or unforeseen, which may arrive from, or be related to, bodily injury, property damage, or other occurrence which occurs on URTI premises. UNDER NO CIRCUMSTANCES, INCLUDING NEGLIGENCE, WILL URTI BE LIABLE FOR ANY SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES OR LOST PROFITS THAT RESULT FROM OR ARE RELATED TO THE SALE, DISTRIBUTION, USE OF, OR INABILITY TO USE, ANY VEHICLE, EVEN IF URTI HAS BEEN ADVISED OF THE DAMAGES.
BID PROCESS
- A. URTI reserves the right to withdraw from auction any vehicle for any reason at any time at its sole and absolute discretion.
- B. All bids, once submitted may not be retracted, deleted or cancelled.
FEES AND PAYMENT
- A. A buyer fee will be charged for each vehicle sold. Gate, storage, loading, relist, late and delivery fees will be charged to buyer, if applicable, per vehicle. It is the sole responsibility of the buyer to verify fees charged by URTI prior to bidding and incurring such fees. All fees are subject to change without notice.
- B. Payment for any vehicle awarded is due within 3 working days (auction day plus 2 working days). Vehicles not paid for within this timeframe will be subject to a late fee per vehicle. Vehicles on automatic delivery may be COD, with URTI approval prior to bidding. Payment for vehicles may be made by either cashier's check or money order. Acceptance of company checks must be approved by URTI prior to bidding. URTI requires a letter of guarantee from buyer's bank prior to being company check approved.
DELIVERY AND PICKUP
- A. All vehicles purchased at URTI will be initially setup for automatic delivery, which is exempt from storage, gate and loading charges. URTI will deliver all vehicles in a timely and efficient manner. Buyer is expected to accept delivery of vehicles during their normal hours of operation.
- B. When a delivery in progress cannot be completed, for whatever reason, buyer will be charged a dry run both ways. Buyer must accept delivery of vehicles when they are scheduled to avoid dry run charges.
- C. Buyers may pickup their own vehicles. Vehicles and fees must be paid before any vehicle is removed from the yard. Gate, loading and storage fees will apply to each vehicle if applicable.
- D. All vehicles must be picked up prior to 3 working days of the next week's auction. Any vehicle not picked up by buyer in this timeframe will we delivered by URTI and will still be assed all applicable gate and storage fees in addition to delivery charges.
- E. URTI is NOT responsible for damage, missing items or a change in condition of the vehicle after it has been awarded. All vehicles awarded include their contents.
- F. Multi-car carriers are subject to a per vehicle loading fee. URTI is NOT responsible or liable for damage which may be incurred during loading of vehicles.
I have read and understood and agree to be bound by the policies, terms, conditions and information set forth in this agreement as well as the auction rules. I acknowledge that as the registered buyer I am responsible for all bids by authorized bidders.