Cash or verified funds before delivery of the title. All vehicles sold AS IS
ONLINE BIDDING TERMS:
PLEASE READ AND REVIEW THE terms carefully as they are a legal binding contract between you and Ron Ramsey & Associates.
1. CATALOG: Ron Ramsey & Associates has put forth every effort in preparing the catalog for this auction to provide accurate descriptions of all items. All lots are sold AS-IS, WHERE-IS, with all faults, imperfections and errors of description. Due diligence is the responsibility of the bidder/buyer. Printed statements or descriptions by staff are provided in good faith and are matters of opinion.
2. PAYMENTS: Automobiles may be paid in full the day of the sale with cash, credit card or wire transfer. Credit card purchases will be charged a 5% premium. If necessary, the funds may be wired the first business day following the auction. All automobiles must be paid in full before the vehicle and title are released. Wiring instructions will be provided by email to the highest of each item.
3. DEFAULT OF BUYER: Successful bidder not paying for items within 3 business days of the date of the auction will be considered in default. Such default by the Successful Bidder will result in that Bidders liability to both the Seller and Ron Ramsey & Associates. Seller shall have the right to (a) declare this contractual agreement cancelled and recover full damage for its breach, (b) to elect to affirm this contractual agreement and enforce its specific performance or (c) Seller can resell the items either publicly or privately with Ron Ramsey & Associates and in such an event, the Buyer shall be liable for payment of any deficiency realized from the second sale plus all costs, including, but not limited to the holding/transporting/storage costs of the items, the expenses of both sales, legal and incidental damages of both the Seller and Ron Ramsey & Associates.
In addition, Ron Ramsey & Associates also reserves the right to recover any damages separately from the breach of the Buyer. The purchaser agrees to pay all reasonable attorney fees and costs incurred by Ron Ramsey & Associates in the collection of funds. The purchaser also agrees that a storage/handling fee of 2% per month be added to the balance of any unpaid balance due Ron Ramsey & Associates and any other costs or losses incurred by the Buyers failure to adhere to these terms. Any debt collection or dispute proceedings will be litigated or arbitrated in Sullivan County, TN at the option of both the Seller and Ron Ramsey & Associates Realtors & Auctioneers.
Both the Successful Bidder and Seller shall indemnify Ron Ramsey & Associates for and hold harmless Ron Ramsey & Associates. from any costs, losses, liabilities, or expenses, including attorney fees resulting from Ron Ramsey & Associates being named as a party to any legal action resulting from either Bidders or Sellers failure to fulfill any obligations and undertakings as set forth in this contractual agreement.
4. PICK UP ITEMS: Vehicles may be picked up and the titles will be release when the payment has been verified. All pickups should be scheduled in advance with Ron Ramsey & Associates.
BIDDING AND REGISTRATION INFORMATION:
BIDDER VERIFICATION: Bidding rights are provisional, and if identity verification is questionable, Ron Ramsey & Associates has the right to reject the registration, and bidding activity will be terminated. The Seller and Ron Ramsey & Associates reserve the right to preclude any person from bidding if there is any question as to the person's credentials, mental fitness, etc. Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account. If the registered bidder's user name is offensive to Ron Ramsey & Associates or in their sole opinion detrimental to Bidding Activity, then Ron Ramsey & Associates reserves the right to delete the bidder from bidding or unilaterally change the username with notification to the Bidder. When using the web site you must obey any and all local state and federal laws. Violations will result in termination of web site use privileges.
MAXIMUM BID: When you bid your maximum bid, the current bid price does not automatically advance to your maximum bid. Another bidder has to bid to increase the current price and the computer will automatically bid up to your maximum in the increments specified.
BIDDING: Bidding begins immediately. Live onsite bidding will start Saturday, Feb 6 at 10:30AM. We will be simulcast with online and live bidding at that point.
TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software, internet or any other online auction-related technologies, Ron Ramsey & Associates reserve the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software, nor Ron Ramsey & Associates shall be held responsible for a missed bid or the failure of the software to function properly for any reason.
CONDUCT OF THE AUCTION: Conduct of the auction and increments of bidding are at the direction and discretion of Ron Ramsey & Associates. Ron Ramsey & Associates reserves the right to reject any and all bids for any reason and also reserves the right to cancel this auction, or remove any item or lot from this auction prior to the close of bidding. All decisions of Ron Ramsey & Associates are final.
Your bid on this auction indicates both an understanding and an acceptance of the terms of this contractual agreement between yourself and both Ron Ramsey & Associates and the Seller and that you, as the Bidder, are prepared to purchase items under these terms and conditions.
