Tuesday, May 14, 2013

IAAI Buying

ID Cards - IAA will issue ID cards at the time of registration. Replacement of lost or stolen cards will be available upon payment of a replacement card fee. IAA ID cards remain the property of IAA. ID card must be surrendered at the request of IAA. Admittance to the sale area will only be permitted upon presentation of valid ID card. ID card must be displayed at all times while on IAA premises.
Payment and Pickup
Fees - A buyer fee will be charged for each vehicle sold. Other fees may also apply. Fees may vary by facility. It is the sole responsibility of the Buyer to verify fees charged by any IAA facility prior to incurring such charges. All fees are subject to change without notice.

Payment - Payment for any vehicle awarded is due within 3 working days (auction day plus 2 working days, i.e., if auction is on Monday, payments is due by close of business on Wednesday). Vehicles not paid for within the specified timeframe will be subject to a Late Fee of $50 or 2% of the selling price of the vehicle, whichever is greater. Payment for vehicles may be made by wire transfer, cashier's check, or money order. Company checks will only be accepted with prior approval by IAA. Restitution for any checks returned to IAA for any reason will need to be received within two working days. Any check returned for NSF will be subject to IAA's NSF processing fee and any and all collection costs including but not limited to collection agency fees and/or attorney's fee and court costs.

Vehicle Pickup - Vehicles must be picked up within 5 working days1 (auction day plus 4 working days). If not picked up within specified timeframe, storage fee will be charged per day/per vehicle. Vehicles can only be picked up during yard hours. IAA urges successful bidders to pick up their vehicles immediately after the sale to ensure their protection. Vehicles remaining at IAA's facility after the sale will be at the sole risk of the Buyer. IAA will not recognize any claim for theft or damage, in whole or in part, after the vehicle has been awarded.

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