Vehicles that are being sold for less than $1,000 are considered “red-light” and are not subject to arbitration. Any “red-light” vehicles are being sold as-is and are not open for arbitration for electrical issues, visible damage, frame issues or any mechanical issues. Buyers beware and know what you are purchasing when you purchase a “red-light” vehicle.
Seller Disclosure Requirements:
When a seller guarantees the mechanical systems, electrical systems and frames of the vehicle, they mark the vehicle as a “green-light” vehicle. These systems are all in working and functional order at the time of listing the vehicle for sale. For arbitration purposes, any flaws found must have a fixing or mending costs greater than $500. For arbitration matters, a buyer has 300 miles or 7 professional days from the day of auction (whichever comes first) to bring any potential issues to our attention. We will then work with both parties to work through the issue and reach a resolution. If we find cause for arbitration (which may occur after further testing, evidence, or transporting vehicle to third-party service site) then the buyer has a choice to either cancel the sale and return the vehicle or they can try to negotiate a different price for the vehicle with the seller at their own discretion. All arbitration rulings are final and binding, and both parties agree to this before they enter arbitration.