EASLEY AUCTION COMPANY &

LIQUIDATORS, LLC

POLICIES AND PROCEDURES

FOR THE PUBLIC

Purchasing a Vehicle

Every buyer must register for a vehicle purchase buyer’s number with a

valid Driver’s License or State Identification.

A buyer’s fee will be added to the price of every vehicle purchased. A fee schedule is available upon request and is posted in the office and on the auction block.

You must sign the Bill of Sale on the auction block immediately following your winning bid. You must leave your driver’s license with the Bill of Sale-it will be returned to you when payment for the vehicle is made in the office.

Payments

Payment in full must be made on sale day-cash, check, MasterCard or Visa.

Cash-Vehicle may be taken on auction day.

MasterCard/Visa-There is a 4% charge added to total of purchase. Vehicle may be taken on auction day.

Ride and Drive

Ride & Drive-Represented with a Green Light the night of the auction. Vehicle must be inspected within 30 minutes after purchase. This offer is valid on the motor, rear-end and transmission with 1 defect of $350.00 or more to repair. No other problems apply. All arbitrations must clear through the Arbitration Department. Buyer and seller must await the decision of the Arbitration Department before leaving the premises. The decision of management is FINAL. This applies to the night of the auction ONLY. NO EXCEPTIONS!!

AS-IS VEHICLES

AS-IS (No Guarantee) – Represented with a Red Light the night of the auction. There is no warranty of any kind. This applies to all vehicles sold for $350.00 or less, donated and absolute-sale vehicles or when announced by the auctioneer.

Announced Conditions

Other announcements that apply to the auction:

Mileage Exempt-A vehicle that is 10 years or older.

Over 100K-When a vehicle’s mileage is over 100,000.

Previous Salvage Title-A vehicle may have been wrecked, flooded, stolen, or flooded, stolen, or abandoned and was reissued a new title.

Late Title-A title will be issued to the buyer within 30 days.

IF-When a vehicle is bought on an IF – the auction staff will contact the seller to see if they will accept the bid being offered. The auction has 30 minutes after the IF sale to make contact with the buyer or seller before voiding the sale.

Titles

Titles – Seller has 15 working days to bring the title to our office. Buyer is cautioned not to sell or spend money on any vehicle purchased at this auction until the title is received. If you pay with cash or credit card, you may receive the title on auction day if the office has received the title (time permitting). Otherwise it will be mailed certified or you may pick it up. A $5.00 processing fee will be added to all mailed titles. When paying with check, the title will be held until the check clears or when cash is received in place of the check being held.

Selling a Vehicle

The $25.00 registration fee due in advance, allows you to register the vehicle for up to three consecutive weeks. For and extra $10.00 ($35.00 total), the vehicle will run in the first 25 reserved numbers of the auction the first week it is registered, when a number is reserved ahead of the auction check in. Sellers may contact the auction two days prior to auction day to reserve a number in the auction for your vehicle. The auction must see and inspect your title prior to the sale of your vehicle. If the title is not available, an explanation of where the title is must be given. The auction reserves the right to reject selling the vehicle due to title or VIN problems.

General Policies

Vehicles must be removed from the lot within one week from auction purchase date or the car is subject to storage fees. A fee of $15.00 per day will be charged and must be paid in full before vehicle will be released from the lot. Mechanical work will not be permitted on our auction lots (including the adjoining gas station lot in Orrick, MO)

Easley’s 210 & I-70 Auto Auctions are not responsible for any accidents to your vehicle or equipment including physical damage, fire, theft, hail, flood, or storms. You are responsible for insurance or any items consigner or purchased and left on our property.

All transactions must clear through the office, including outside sales. Outside sales are AS-IS. Guarantees are between the buyer and seller only. Outside sales are not subject to arbitration for any reason.

No vehicle is to be driven through the auction by its owner, unless permission is granted through the office. A vehicle will not be sold if it is out of line and is driven by someone other than our drivers. No Exceptions!!!

Vehicles on the lot may be looked at and started before the auction begins, but must not be moved from its location. No vehicle is to be driven on the lot the day of the sale. No excess revving of the engines allowed.

When a vehicle is purchased on auction night and is left on our lot, please leave keys in the vehicle. Our employees will remove keys from the vehicles after the auction and keys will be available in the office when you pick up your vehicle.