Automobile Memorabilia

Terms & Conditions / User Agreement

 

The text below is arteautoauction’s (l’art et l’automobile) agreement and terms and conditions required to register and bid on bidsquare. Please read completely before deciding to agree or disagree with these terms.

 

About the Auction

Our Timed Online Auctions via Bidsquare are for online bidding only. The concept is simple: the bidder places online bids before the deadline date, after which the auction is considered closed and each lot goes to the highest bidder. Bidders are encouraged to bid early. Under bidders will be informed when they are outbid in order to have the opportunity to increase their bids. Bidding Deadline (always Central Standard Time) is advertised on the auction page. New bids cannot be placed after closing. All bids will be handled through Bidsquare’s online auction system.

 

Buyer’s Premium & Sales Tax

Bidders are reminded that the purchase price to be paid by the highest bidder will be the sum of the final bid price plus the buyer’s premium of 15% of the final bid. Purchases within the state of Texas are subject to 6.75% sales tax, unless the buyer is exempted by law and provides arteautoauction (l’art et l’automobile) with a valid and current resale certificate.

 

Bid Placement

Bids may be placed online only via Bidsquare. The Maximum bid feature allows you to place an opening bid and indicate your maximum bid. In this case, the auction system will raise your bid using the standard increment structure up to but not exceeding your maximum bid, after which you will be informed when you are outbid.

 

Price Range Estimates

In addition to descriptive information, each entry on our web site contains a price range which reflects, in our opinion, the prices expected to be realized.

 

Reserves

The reserve, reserve price or starting bid is the minimum price that arteautoauction (l’art et l’automobile) is willing to accept. Below that starting price the lot will not be sold. This amount is agreed upon before the auction by both arteautoauction (l’art et l’automobile) and Bidsquare.

 

Raising your Bids

Minimum bid increments are as follows:

 

Payment

Payment may be made to l’art et l’automobile by checks drawn on a US bank, US currency, wire transfer (plus $35 fee), PayPal, American Express, Visa, MasterCard and Discover (PayPal and all credit cards payments will incur a 3% fee). Statements are issued within 10 days of the auction end and buyers are to make payment within 15 days of the day they receive their statement. If payment has not been received within 15 days of the statement date, there will be a late/storage monthly fee of 1.5%.

 

Shipping

 

Return Policy

Buyer must obtain return authorization from arteautoauction (l’art et l’automobile). Such authorization is given only under the condition that the lot(s) is not received as described in the catalog. Requests for return must be made no later than 10 days from receipt of item. Bids cancelled or returned after the end of the auction for any other reason will incur a cancellation fee of 10% of the closing price.

 

Conditions of Sale

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