Policies and Procedures
1. Certified Checks and Floor Plans will be accepted for payment.
2. Dealers will need to provide a copy of dealer's license, automobile insurance, location address and phone number and a good cell phone number and register with the auction.
3. Bidder Badges will be issued to use for all transactions.
4. Dealers will need to bring their own dealer's plate to test drive the vehicles. No dealer's plate, test drives will not be allowed.
5. If a test drive is requested, you will need to check in and out with the staff at the gate.
6. Vehicles will not be released to individuals until the payment has cleared the bank for both buyers and sellers.
7. Sellers will pay a fee for their cars being sold at our auction.
8. If a vehicle has a buy now and sign now form and you sign, you are 100% bonded and obligated to pay for that vehicle.
9. Vehicles that are buy now and sign now will need to be paid at the end of that day's auction.
10. All vehicles must have a gate pass before leaving the premises.
11. Right Price Auto Auction has the right to void any transaction.
12. Buyers will be responsible for verifying serial number, year, make and model of the vehicle before leaving the premises.
Title Rules
1. Oklahoma dealers are not allowed to reassign out of state titles. If there is an out of state title, a completed vin inspection and Oklahoma reassignment must be with the title.
2. All titles with a seller’s signature must already be notarized. Right Price Auto Staff will not be allowed to notarize a seller’s signature.
3. If a lien is entered on the title, a lien release form must be submitted along with the title before the car can be sold.
4. No foreign titles will be accepted
Arbitration Policy
GREEN LIGHT VEHICLES
* Any vehicle on a green light must have the proper fluids in the engine
** Only Green Light Vehicles will be arbitrable
1. Motor – Any part within the motor apart from normal wear and tear items. Proof will need to be submitted for the arbitration process to begin.
2. Transmission- Slip/Slow/Hard/No shift/Whining
3. Odometer- If not working must be arbitrated the day of purchase
4. Air Conditioning- Must be fully functional or it is arbitrable
5. Air bag system- Must be intact and functional
Non-Arbitrable
Power accessories such as the list below but not limited to:
1. Power windows
2. Sunroofs
3. Radio-stereo
4. Cruise Control
Frame Damage
Any frame damage must be reported to Right Price Auto Auction within 7 days of the purchase. No Arbitration allowed on damage from normal use such as scratches, scrapes, jack or lift marks or anything not resulting from an accident or incident.
*** Any arbitration adjustment will eliminate arbitration for further mechanical defects.
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