(1) This
is a "DEALERS ONLY"
auction. All Dealers must be
registered and approved by the
auction before buying and selling
can be permitted.
(2) Any
Buying or Selling of vehicles
on the premises must be transacted
through the office. Disregard
of this rule will result in
termination of business at the
Heart of Texas Auto Auction.
(3) Auction
is not responsible for odometers.
The Auction does not make any
presentation regarding mileage
of any vehicle. All vehicles
that are 10 years and older
will be sold as "Exempt"
mileage does not relieve the
seller from announcing prior
odometer discrepencies. The
auction assumes that vehicles
which read "Exempt"
are to have over 100,000 miles
regardless of odometer reading.
On all vehicles that are less
than 10 years of age, mileage
over 100,000 miles or any other
mileage discrepancy must be
announced on block. Mail on
vehicles with 5 digit odometers
will read mileage with possible "EML"
(Exceeds Mechanical Limits).
It is the responsibility of
the seller to determine the
respective mileage to be announced.
(4) The
Auction reserves the right to
sell any unit if the bid is
written $50 of the stated reserve
price.
(5) The
Auction is not a party to the
contract of sale, which is between
the seller and the buyer only.
All warranties are those of
the seller only. The Auction
makes no warranties, implied
or expressed.
(6) If
a seller materially misrepresents
a vehicle which is turned down,
the seller will be responsible
for all charges and sales fees.
Sellers shall be subject to
a voided sale charge equal to
sellers fee, regardless of reason.
(7) Titles
which have been assigned to
Heart of Texas Auto Auction
will not be accepted, as we
are not a party to the transaction.
Sale may be canceled at the
buyers discretion if the title
is not received by the auction
within 30 days. The buyer must
notify the auction within a
24 hour period prior to the
return of the vehicle. Seller
will be assumed all auction
fees and buyers transportation
expenses. After the initial
sale of unit on sale night,
for whatever reason the transaction
is voided, all sellers fees
will be collected - NO EXCEPTIONS!
(8) Buyers
are cautioned to spend no money
or to sell any vehicle without
a title. The auction will not
be held liable for any expenses
on vehicles returned for "no
title" or turned down for
any reason.
(9) The
auction does not guarantee make,
model, year, mileage, mechanical
condition, or float-ability
on boats, motors, motorcycles,
or RV's. These units are sold "As-Is"
where is.
(10) Seller
is responsible to ensure the
year, make, model, and odometer
information written on the vehicle
and the mail are correct. Additionally,
seller is also responsible for
all announcements on the block.
(11) All
vehicles that are registered
to the sale are done so at the
seller's risk. Heart of Texas
Auto Auction is not responsible
for theft, collision, fire,
vandalism, damage, or acts of
nature which could not be prevented.
(12) Regardless
of selling description, the
following units MUST be announced:
*Frame Damaged Units *Cracked
Block *Flood Cars *Motor Change
Outs
*Rebuilt Units *Police Cars
*Taxi Cabs *Reassigned Vins
*Reconditioned
*Salvage Title *Diesel Conversion
*Core Damage *Odometer Problems
*Bonded Titles
Dealer
has Seven Days from date of
purchase to notify HOTAA staff
of frame damage and or prior
frame damage. After seven days
the vehicle CAN NOT be returned,
No Exception.
(12a)
Recon Titles - If you purchase
a unit with a recon title, buy
it with the assumption that
it has been under water, cut
in half and welded back, been
totaled out and super glued
back together. Anticipate the
worst when you purchase a recon
unit!
(13) The
Auction does not guarantee series
on European Conversions (Grey
Market) or any foreign unit
which does not comply with federal
regulations.
(14) Any
vehicle left on the premises
in excess of 30 days will have
a lien put against it and will
then be sold for storage charges.
Dealer may or may not be notified.
(15) Any
dealer who refuses to honor
a draft of a check to Heart
of Texas Auto Auction without
prior approval from management
will be placed on "STOP"
immediately and reported to
the Auction Insurance Agency.
(16) Any
car proven to have odometer
tampering is cause for return
at the seller's expense and
will be reported to the Motor
Vehicle Division.
(17) All
cars leaving the auction must
have a gate pass to exit the
premises.
(18) The
auction does not guarantee emission
control devices, buyer must
check before bid.
(19) The
normal time limit on a "WITH
CALL" sale is 24 hours,
however the auction will continue
to work on the "WITH CALL"
sales until the sale is canceled
by the buyer and after 24 hours.
Buyers must notify the auction
of his intent to purchase or
void the sale.
(20) Vehicle
transportation arrangements
are the sole responsibility
of the dealer. The auction is
not a party to the contract
between the dealer and the outsider
transporter.
(21) Buyer
assumes all responsibility or
damage to unit when test driving
off premises regardless if it
is a "WITH CALL" or
a "SOLD UNIT".