Terms and Conditions

Okanagan Remarketing Centre Terms and Conditions :

    1. Bid prices do not include GST. The Purchaser agrees to pay GST on the bid price and related buyers fees, unless the Purchaser proves to the Auctioneers satisfaction that they are exempt from paying the GST.
    2. Buyer and Seller fees are applicable on the sale of every vehicle. An administration fee applies to each vehicle purchased at Okanagan Remarketing Centre. Buyer and Seller fee schedules are available in the auction catalogue.
    3. The Purchaser agrees that they have no right to take possession of any vehicle until payment has been made in full. Terms of payment are as follows:
      • A minimum $750.00 non-refundable deposit must be paid to the Okanagan Remarketing Centre on the day of the auction. Deposits may be paid by cash or certified cheque
      • The balance owing must be paid within one business day of the Auction Sale. Payment will be accepted in cash, bank draft or certified cheque.
    4. The Purchaser is responsible for removing the vehicle from the Auction within two business days of the date of the sale at their own cost, responsibility and risk. If the Purchaser does not remove the vehicle within two business days, the Purchaser agrees to pay storage charges to the Auction in the sum of $7.00 per day.
    5. If the Purchaser fails to make payment in full within the required time, or fails to comply with any other terms of this sale, the Auction shall have a Purchase Money Security interest and a possessor’s lien on any of the Purchaser’s vehicles and may resell any of these vehicles on the Purchaser’s behalf without prior notice to the Purchaser. The sale proceeds from this resale, less commission of 12% and any costs will be credited against the Purchaser’s account. The Purchaser agrees to pay the Auction immediately upon demand any deficiency remaining on account, as liquidated damages.
    6. All necessary documents will be delivered to the Purchaser upon payment of the total balance owing. If documents are not available from the consignor at the time that the total balance owing is paid, documents shall be mailed to the purchaser within 7 days of payment.
    7. It is the Purchaser’s responsibility to arrange for insurance before removing the vehicle from the yard.
    8. Except where stated elsewhere, in writing, all vehicles are sold on an “as is, where is” basis. The Auction make no warranties of any kind, expressed or implied, about any specific vehicle. If for any reason, the Okanagan Remarketing Centre is unable to:
      • Provide the vehicle to the purchaser due to unforeseen circumstances;
      • Provide clear title to any vehicle, or
      • Provide any necessary documentation for any vehicle;

Okanagan Remarketing Centre’s liability shall be limited to return of any moneys paid for that vehicle, upon return of the vehicle by the Purchaser to the Auction.  Okanagan Remarketing Centre may choose to demand the return of a vehicle from the purchaser for any of the reasons listed in this Paragraph and the Purchaser agrees to return the vehicle at the Auction’s request. Okanagan Remarketing Centre will not be liable for any consequential loss or damages except return of the moneys paid in any circumstance.