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FAIRWAY AUTO AUCTION
GENERAL AUCTION POLICIES
 
  1. Fairway Auto Auction is a DEALER ONLY auction. NO retail buyers are allowed on the premises. A bid number badge is required to enter the auction area!
  2. All dealers MUST register in the office to buy or sell. All transactions MUST clear through the office. All sales pay a fee. (See buy/sell fee sheet)
  3. All buyers must have a Wisconsin Buyer's License. (Application available on site day of sale)
  4. The buyer is responsible for verifying serial number and mileage reading on ALL units purchased before leaving the sale.
  5. The auction assumes ABSOLUTELY NO responsibility for odometer or the validity of the mileage statement provided by the seller to the buyer.
  6. Sellers MUST announce from the block, the following:
    1. If the odometer is not working properly
    2. If he/she has knowledge that the mileage on the vehicle is different than that on the odometer
  7. Announced conditions ARE NOT arbitrable!
  8. Title Absent "TA" sales must be announced. Sellers MUST produce title to auction within 14 days.
  9. "IF" Sales: buyer MUST buy the car if the bid is acceptable to the seller unless the vehicle is arbitrable under auction policies.
  10. All IF's must be checked the day of the sale. There are NO next day rejects!
  11. Seller must announce any vehicle with frame damage or history, whether the damage has been repaired or not. If sold as is and under $3000 no arbitration for anything but branded titles.
  12. Seller must announce any vehicle with a non-factory VIN.
  13. All titles submitted by sellers MUST be in seller's company name. All units purchased and/or sold on the premises MUST be paid through the auction the day of the sale, including TA's.
  14. Payment must be received for purchased vehicle(s) no later than the end of the auction sale or a $20 per day, per vehicle late payment penalty will be charged, unless pre-approved by owner/manager.
  15. Non-payment of vehicles will result in above fees and/or loss of buying privileges!
  16. Returned check fee is $100.00 and must be taken care of immediately! Loss of buying privileges will occur!
  17. All vehicles should be picked up after payment of vehicle(s). If not, a $20 per day, per vehicle storage penalty will be charged.
  18. Delivery services are offered for a rate of $1.40 per mile, per vehicle. Please ask within the office for this option upon payment of vehicle(s).
  19. The auction assumes NO responsibility for spare tires, warranty books, or mileage statements for cars or trucks sold.
  20. Buyer is responsible for body damage to a vehicle while he/she is test driving it.
  21. Fairway Auto Auction will not be responsible for theft, or damage to, or missing parts of any vehicle.
  22. Propane and Natural Compressed Gas (NCG) vehicles must be announced.
 
AUCTION/ GUARANTEE POLICIES

  1. Auction Guarantee is limited to ONE HOUR after purchase. After the hour, buyer is required to purchase
    vehicle(s).
     
  2. WHAT IS ARBITRABLE?
     
  1. Major Drive Line and all misses must be announced. Example- Bad compression, noise in engine
    block, rod bearings, piston noise, wrist pins and cam phasers.
  2. Problems with TransAxle or transmission
  3. Inoperable 4x4
  4. Noise in front or rear differential or transfer case
  5. Frame damage or repaired frame must be announced except bolt on cross members and cradles.
  6. Previous structural damage reported on Carfax or Auto Check needs to be announced or buyer has 7
    business days to return.
  7. Airbag light ON must be announced (No other lights are arbitrable)
  8. Inoperable odometer (Or must be announced Not Actual)
  9. Branded titles must be announced (Or selling dealer will buy back)
  10. AG Motor and Transmission does not cover dash lights or frame/unibody damage.
  11. Propane and Natural Compressed Gas (NCG) vehicles must be announced. (If not announced it will
    be arbitrable)

    DO NOT AUCTION GUARANTEE VEHICLES WITH PROBLEMS
    AS IS means AS IS (Except Frame Damage [See III. #24] or Title Problems)


  1. NOT GUARANTEED BY AUCTION (NOT ARBITRABLE)
       1. All exterior fluid leaks
  1. Lifters, timing chains, tensioners or belt noise
  2. Glass
  3. Factory warranties.
  4. CV Joints
  5. Back lash
  6. Rack and Pinion
  7. Rusty shock towers
  8. Wheel Bearings
  9. Boots
  10. U - Joints
  11. Steering racks and Components
  12. No Suspensions of any kind
  13. Brakes
  14. Clutches
  15. No A/C (Unless stripped then must be announced)
  16. Catalytic converter or exhaust
  17. Radiator core support damage
  18. Chrysler product rear differentials (Jeeps - Trucks - Rear wheel drive vans)
  19. Batteries
  20. Alternators
  21. Starters
  22. Frame damage on vehicles $3000 and under unless announced AG
  23. To return an unannounced frame damaged vehicle, Fairway Auto Auction must be notified within 7
    days of purchase.
Auction has the right to have any problems checked by a 3rd party
  1. Any vehicle sold with less than $750.00 in any singular required repair, CAN NOT be rejected or arbitrated.
  2. Complaints must be placed with Arbitrator (reject person) within 1 hour of purchase.
       All "IFs" must be checked the day of the sale!
  1. Auction arbitrator has the FINAL word on ANY AND ALL arbitrations.
  2. It is the seller's responsibility to announce any negative Carfax or AutoCheck findings. Not actual miles, frame damage, flood damage, theft, etc. must be announced with any vehicle sold. (Buyer has 3 days to Arbitrate any Carfax/AutoCheck problems)
*Fairway Auto Auction will do everything in its power
to keep your vehicle sold. But under NO circumstances
will the auction be obligated to buy your vehicle.