1) Buyer is the Bidder.
2) Lot is the item for sale.
3) Auction Company is TPAA, LTD dba Trinity Public Auto Auction.
The Auction Company requires that all bidders register prior to the Auction.
You must be at least 18 years of age to receive a bidder number. At registration the Auction Company requires a $200.00 CASH deposit to obtain a bidder number (refundable if there is no purchase). Cash, MasterCard, Visa, American Express or Discover Card will be accepted for payment exceeding the cash deposit. The Auction Company also requires a driver’s license, State ID, US Government ID or a passport as identification.
For every $2000.00 spent by the bidder, another $200.00 deposit is required.
The applicable buyer's premium (see buyer’s premium table) and a $87.50 processing fee ($50.00 for licensed automobile dealers). State fees will be collected on each lot unless a current automobile dealers license and surety bond is on file with our office or if the buyer is exporting the vehicle(s) out of Texas.
The sales price of a lot added to the buyer’s premium is the total sale price of the lot.
Payment of buyer’s purchases may be paid in full the day of the sale or a minimum non-refundable deposit of 25% will be acceptable with the balance due the following banking work day by 6:00 pm. The lot must be paid in full to remove any lot from the Auction Company's property or location. If the buyer does not pay for his/her purchase(s) during the aforementioned hours, their lot will become the property of the original owner and forfeit to the Auction Company all monies deposited towards their purchase.
At the time of sale, the buyer's number and sales price of the lot sold is announced by the Auctioneer. A verbal contract is consummated and liability for the item(s) rests with the buyer to include payment thereof. No changes in the price or quantity can be made by anyone but the Auctioneer. In any disputes over price, quantity or tie bids between bidders, the Auctioneer reserves the right to settle any and all such disputes and his/her decision shall be final.
Each lot is sold, "AS IS, WHERE IS, WITH NO WARRANTY OR GUARANTEE EXPRESSED OR IMPLIED", and "ALL SALES ARE FINAL".
Bidders are responsible for closely checking each lot he/she is bidding on. The bidder understands that he/she is buying the property entirely upon his or her own opinion. Expressly disclaimed is any warranty or merchantability or fitness for any particular purpose or use on any lot sold. Any information or description of lots sold is provided as a courtesy only and is believed to be accurate, but is not guaranteed. The Auction Company strongly suggests that all vehicles be towed to a qualified mechanic and examined to determine if the vehicle is worthy of being used for its intended purpose.
Announcements made by the Auction Company or Auctioneer on the day of the sale take precedence over any printed or verbal matter pertaining to this auction.
All title guarantees are between the buyer and seller and the loss or lack of the title is not the responsibility of the Auction Company or Auctioneer .
Lots can only be removed from the Auction Company's property or location with a "Paid In Full" receipt. If the lots are not removed by 6:00 pm the first banking day after the auction, there will be a $30.00 per day storage fee assessed against the lot. The Auction Company ane Auctioneer are not responsible or libel for damage to lots that are consigned or sold.
The Auction Company and its employees reserve the right to bid on lots offered for auction.
Trinity Public Auto Auction is not an absolute auction. All lots are called sold by the Auctioneer. Consignors or their agents are allowed to bid on and buy back their own lots. If the consignor buys back their own lot, there will be a buyback fee assessed. All other fees and premiums will not be charged.
All purchases become the responsibility of the buyer when the Auctioneer says sold and gets their bidder number. The Auctioneer cannot be involved in trading or selling of a lot between buyers. There will be a $50.00 charge for changing bidder information on any lot.
The Auction Company is not responsible for loss, theft, or damage to any lot sold including the loss of keys or titles of lots.
The Auction Company is not responsible for accidents on or off its property or sale location.
ALL VEHICLES will be sold as Title Transfer only, TPAA, LTD will only transfer the title into buyer's name; the title will then be mailed by the Texas Department of Motor Vehicles to the buyer. The buyer is responsible for obtaining a Texas State Inspection immediately, then must obtain the metal plates and registration sticker from their local tax office after receiving their title.
Trinity Public Auto Auction 241 W. Commerce st. Dallas, TX 75208
This Auctioneer is regulated by the Texas Department of Licensing and Regulation, P.O. Box 12157, Austin, Texas 78711, (512)463-2906 Auctioneer M. Martin TX11206
AUCTION TRANSACTION CONDITIONS: $200 CASH DEPOSIT / CASH, MASTERCARD, VISA, AMERICAN EXPRESS OR DISCOVER CARD TO PAY BALANCE. (BUYERS PREMIUM, $87.50 PROCESSING FEE AND STATE FEES APPLY)
(WE DO NOT ACCEPT CHECKS, CASHIER CHECKS OR MONEY ORDERS)