Terms and Conditions

ALL SALES ARE “AS IS & WHERE IS” AND WITH ALL FAULTS. NOTWITHSTANDING ANY WEBSITE DESCRIPTION, CATALOG DESCRIPTION, AUCTION ANNOUNCEMENT, ADVERTISEMENT, STATEMENT, ASSURANCE OR PROMISE BY OR ON BEHALF OF RICK COLE AUCTIONS, INCORPORATED (HEREAFTER “RAC”) AND/OR LEGENDARY MOTORCARS (CA. DMV DLR. LIC. 38130) OR ANY OF ITS EMPLOYEES, AGENTS OR REPRESENTATIVES, AND NOT WITHSTANDING ANY VERBAL OR WRITTEN CONDITION REPORT PROVIDED BY RAC, RAC HAS NO OBLIGATION OR RESPONSIBILITY, AND DOES NOT ASSUME ANY OBLIGATION OR RESPONSIBILITY, TO UNDERTAKE AN INSPECTION OF ANY VEHICLE PRIOR TO THE AUCTION. BIDDERS HAVE THE OPPORTUNITY AND THE RESPONSIBILITY, AND ARE STRONGLY ENCOURAGED, TO RESEARCH THE VEHICLES PRIOR TO THE AUCTION. DURING THE VIEWING HOURS AND DURING THE AUCTION BIDDERS MAY ADDITIONALLY AND ARE STRONGLY ENCOURAGED TO CONDUCT THEIR OWN INDEPENDENT INSPECTION AND EXAMINATION OF ANY VEHICLE, ACCOMPANYING SPARE PARTS, DOCUMENTATION, RESTORATION RECEIPTS, AND OWNERSHIP DOCUMENTS RELATING TO A VEHICLE AS PROVIDED BY THE SELLER TO RAC. BIDDERS ARE SOLELY RESPONSIBLE TO SATISFY THEMSELVES, PRIOR TO BIDDING, AS TO THE CONDITION OF ANY VEHICLE AND ALL MATTERS RELATING TO THE VEHICLE, INCLUDING, BUT NOT LIMITED TO, ANY DESIRED OR NECESSARY REPAIRS, RESTORATION OR MISSING PARTS. NEITHER RAC NOR THE SELLER SHALL BE RESPONSIBLE OR LIABLE FOR ANY REPAIRS, RESTORATION, REPLACEMENT OF PARTS OR ANY OTHER MATTER, COST OR EXPENSE RELATING TO ANY VEHICLE, WHETHER BEFORE OR AFTER THE AUCTION, AND BY PARTICIPATING IN THE AUCTION EACH BIDDER AND BUYER EXPRESSLY WAIVES, AND AGREES THAT IT WILL NOT SEEK ANY RECOVERY FROM OR PURSUE ANY CLAIM AGAINST RAC OR THE SELLER, RELATING TO ANY OF THE FOREGOING, INCLUDING, WITHOUT LIMITATION, FOR REPAIRS, RESTORATION, OR REPLACEMENT OF PARTS. THIS NOTICE IS A PART OF THE GENERAL CONDITIONS AND IS NOT INTENDED TO LIMIT ANY OF THE OTHER TERMS OF SUCH GENERAL CONDITIONS. BUYER ACKNOWLEDGES RAC HAS THE RIGHT TO REJECT ANY BID. A BUYER’S PREMIUM OF TEN PERCENT (10%) WILL BE ADDED TO THE HAMMER (SOLD) PRICE OF THE VEHICLE. ANY BUYER PURCHASING ANY VEHICLE AS AN INDIVIDUAL WILL BE RESPONSIBLE FOR APPLICABLE SALES TAX WHICH WILL BE CALCULATED WITH THE BUYER’S PREMIUM.