Sellers -
Responsibility
It is the responsibility of the seller to
properly identify, by year, make and model, any vehicle brought to
Dealer Trade Solutions for purposes of re-sale. The seller shall
also disclose and announce any defect or condition on the vehicle
that would adversely impact its value, including, but not
necessarily limited to:
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Frame,
fire or flood damage.
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Broken or
nonfunctioning odometer.
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Vehicles
over mechanical limits or True Miles Unknown.
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Salvage
title vehicles.
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Vehicles
that were police, taxi or kit cars.
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Vehicles
that were used as rental cars.
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Vehicles
that have had engine changes
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Vehicles
with alternative fuel engines.
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Vehicles
that have had their VIN reassigned.
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Vehicles
that have nonfunctioning, or missing airbags.
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Any
condition or defect that would render the vehicle unsafe to
drive or operate.
The seller
shall also have available and provide, at time of sale, any and
all necessary title documents that will enable Dealer Trade
Solutions to pass a title free and clear of all liens and
encumbrances. p>
Dealer Trade
Solutions will accept title documents from all 50 states provided
they are accompanied by documents necessary to register the
vehicles in the state of California.
The following documents are not acceptable,
unless announced as such.
Except for vehicles that sell for less than $300.00
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Duplicate
title applications.
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Junk or
salvage bills of sale.
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Lien
documents and government sale documents, such as marshal sales
Unless
accompanied by a certificate of title and announced prior to sale
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Gray
market vehicles or vehicles that do not meet USA standards.
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Foreign
(non-USA) documents.
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Paperless
title certificates or transfers.
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VIN
alterations or replacements
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Theft
recovery or branded titles (example: salvage, police, taxi,
rental, kit car, lemon law and factory buy-backs, etc)
It is the
sellers’ responsibility to provide title and necessary
registration documents within 60 days from the date of
sale. If the title can not be produced,
within the 60 days,
the buyer must notify Trade Solutions and give 3 days (72 hours)
for Trade Solutions to pursue the title. All expenses in obtaining
the title will be charged to the seller. After the 72 hours the
buyer has the right to unwind the sale if a mutual adjustment can
not be reached. The vehicle must be returned in no more than 3
days from expiration of the 72 hour notice, in a condition
comparable to which it was purchased.
In the event
of an unwind the seller shall refund the buyer the purchase price
of the vehicle and reasonable documented cost as determined by
Trade Solutions, but not to exceed $300.00. All expenses must be
supported by appropriate documentation. Print-outs (KSR, Carfax,
AutoCheck, CVR) must be current (obtained within last 30 days) All expenses exceeding the $300 limit are NOT subject to
arbitration.
The seller
is responsible to pay all penalties associated with late titles on any vehicle sold through Dealer Trade Solutions.
(Example: DMV, ASF fees or buy fees). $300 No arbitration
rule does not apply. If a title can not be produced and
the buyer approves, the title can be bonded for an amount
specified by the buyer.