TERMS & CONDITIONS
1. **It is the buyer's responsibility to review and judge vehicle conditions before bidding.**
2. The auction end date and time may be changed without notice to the bidders; please check
back often.
3. To allow bidders plenty of time to bid, auction times may be extended if there is bidding
activity in the last few minutes.
4. All bidders must be registered and have a bidder number issued by Koons Automotive
5. The sales sheet/run list may change at any time. Bidders rely solely on their own
observations and inspections in determining whether to buy a vehicle. Inspections are held the
day before the auction, see dashboard for times.
6. Payment for vehicles can be made by credit/debit card, certified check, cashier's check,
business check or only AFC floor plan. The dealership will give you the vehicle's keys
once the payment is received. Your paperwork will be ready to be picked up within 7
business days from the day you paid.
7. **Vehicles must be paid and removed within 48 hours after the sale.**
8. Failure to remit payment within 48 hours of the sale will result in forfeiture of your winning bid
and you will be permanently banned from future auctions until a $250 administrative fee is
satisfied with Koon’s Automotive
- Koon’s Automotive winnings MUST be paid by 4pm on the Monday after the auction.
9. Failure to remove your winnings from the property within 48 hours after the sale will result in
standard storage fees of $25 per day for up to 5 days at which time the vehicle will be
impounded at the owner’s expense.
10. The auction is not responsible for loss or damage to vehicles that are not immediately paid
for and removed from the property.
11. Buyer is aware that seller does not guarantee that such emissions and safety repairs are
possible or practicable. Buyer is responsible to ascertain, confirm, research, inspect, and/or
investigate any vehicle for sale at auction prior to placing a bid. Vehicle may or may not be
branded salvage or have other branded remarks recorded on current/previous title records.
Koon’s Automotive does not inspect/ research title data.

12 Koon’s Automotive disclaims and excludes any and all warranties of previous title, including
without limitation that the title is good and its transfer is rightful, and that the vehicle is delivered
free from any security interest or other lien or encumbrance. The Auction also disclaims and
excludes any and all warranties that the vehicle is delivered free from any rightful claim of any
third party by way of infringement or the like. All vehicles are sold “AS IS WITH ALL FAULTS”,
including but not limited to dash lights and mechanical defects. This is an impound lot, we do
not know the full history of the vehicle and generally do not have keys. Koon’s Automotive
hereby disclaims and excludes any and all implied warranties, including without limitation the
implied warranties of merchantability and fitness for a particular purpose.
13. The sole and exclusive remedy for breach of contract shall be the return of the vehicle and
repayment of the purchase price. Under no circumstance shall Koon’s Automotive be liable for
consequential or incidental damage; including but not limited to repairs, improvements, loss of
use, and DMV/Registration fees. Buyers are required to check all paperwork/ VINS PRIOR to
the vehicle being removed from the impound lots. Once vehicles are removed from the impound
lot, all sales are final.
14. All vehicles will be assessed a buyer fee of
15. All vehicles purchased at auction MUST be titled in purchasers name prior to the vehicle
being resold to another party. Bill of sale and court paperwork at not transferrable.

AUCTION GUIDELINES

Bidder Information
- All bidders must be at least 16 years of age and have a valid driver’s license
- Dealers must have a copy of their current Missouri Dealers Secretary of State ID Card (UCAR
Information) indicating they are the owner of the dealer. Dealer representatives must have a
notarized letter from the owner on company letterhead and a Bidder Account Form
- Auction paperwork can only be completed by the winning bidder, in-person.

Payment Terms
-We accept credit/debit card, certified check, cashier's check, business check or only AFC
floor plan. The dealership will give you the vehicle's keys once the payment is received.-
Payment for any vehicle awarded is due within 48 hours of the auction ending (i.e., if auction is
on Friday payment [in full] is due by 4:00 pm on Monday).
- Buyer must be present with valid state issued identification at time of payment for Koon’s
Automotive.
- Once the final bid is accepted, the sale is final and there will be NO REFUNDS of any kind.

Vehicle Conditions
- All vehicles are offered AS IS, WHERE IS. There is no warranty, express or implied, on any

vehicle, including but not limited to warranty or fitness for a particular purpose or
merchantability.
- We strongly encourage you to inspect vehicles before bidding as bids are non refundable for
any reason. Inspection of vehicles will allowed the day before sale, please check your
dashboard for times.
- No written or verbal statements and descriptions by the seller, sellers agent or us shall be
binding.
- Vehicles sold by us are not for highway use. The buyer is responsible to tow or transport of the
vehicles purchased at their own expense.
- Buyer is responsible to make needed repairs, including emissions and safety repairs, should
buyer attempt to prepare the vehicle for highway use.
- Buyer is aware that seller does not guarantee that such emissions and safety repairs are
possible or practicable.
- Buyer is responsible to ascertain, confirm, research, inspect, and/or investigate any vehicle for
sale at auction prior to placing a bid.
- Vehicle may or may not be branded salvage or have other branded remarks recorded on
current/previous title records. Koon’s Automotive is not liable for any title issues a vehicle may