Cookie Consent: By continuing to use this site you agree to our use of cookies. Salvage Chevrolet Camaro Cars for Sale at Copart. Buyer agrees that failure to complete this dispute resolution process is grounds for dismissal without prejudice of any legal proceedings. BUYER SHALL INDEMNIFY, DEFEND AND HOLD HARMLESS IAA INDEMNIFIED PARTIES FROM ANY AND ALL DAMAGES, LOSSES, LIABILITIES, COSTS OR EXPENSES ARISING OUT OF OR RELATED TO CLAIMS OF BUYER REPRESENTATIVES RELATED TO IAA’S CANCELLATION OR POSTPONEMENT OF A SALE, WITHDRAWAL OF AN AWARDED VEHICLE, OR THE RESCISSION OF A SALE. IN NO EVENT WILL IAA’S LIABILITY FOR ANY CLAIM OF ANY KIND, WHETHER BASED IN CONTRACT, WARRANTY, TORT, STRICT LIABILITY OR OTHERWISE, FOR ANY LOSSES OR DAMAGES ARISING OUT OF, CONNECTED WITH, OR RELATED TO, THE BUYER AGREEMENT OR THE PERFORMANCE OR BREACH THEREOF, OR ANY VEHICLE OR THE USE OR PERFORMANCE THEREOF, EXCEED THE AMOUNT PAID BY BUYER FOR THE RELATED VEHICLE HEREUNDER. 1. Title [STATE NAME] Author: dsuwinsk Created Date: 7/25/2013 9:37:25 AM The Buyer Agreement, and the Facility and other terms referenced herein, set forth the entire understanding between Buyer and IAA with respect to participation in IAA Auctions and sale of vehicles and supersede any prior or contemporaneous communications, representations, or agreements, whether oral or written, between Buyer and IAA with respect to such subject matter hereof. Our Vision Process Shipment The International Association of Arson Investigators ® (IAAI ®) is an international professional association of more than 10,000 fire investigation professionals, united by a strong commitment to suppress the crime of arson through professional fire investigation. Negotiations: Reserve Not Met - All vehicles offered at auction are “with reserve,” meaning the sale is subject to the consignor’s approval and may be subject to a minimum bid amount that must be met before a consignor will approve the sale of a vehicle to Buyer. To gain access to bid in facilities not open to the public, either in person or via IAA’s Website, copies of current licenses and completed sales tax exemption certificates must be submitted to and accepted by IAA. These can range from corrosion, to cracking, to heat damage, and everything in between. Insurance Auto Auctions is the leader in online car auctions. IAA’S FACILITIES CONTAIN UNEVEN SURFACES AND ARE OPEN YEAR-ROUND IN INCLEMENT WEATHER CONDITIONS, WHICH COULD MAKE WALKING DIFFICULT. This includes but is not limited to, incorrect minimum bids set on vehicles and incorrect sale prices set for BUY NOW vehicles. But for a large dealership with techs being paid by the hour, it depletes the profit margin substantially. Absolute Sale – (See Absolute Auction) Acquisition Fee – A charge included in most lease transactions that is either paid up front or included in the total cost of the vehicle. Any Buyer who contacts or tracks down a vehicle owner or seller in any manner will immediately be banned from all IAA auctions and may be referred to authorities. Renege Fee - In the event a buyer fails to pay for a vehicle within fourteen business days of sale, Buyer agrees to pay IAA the “Renege Fee” of $1,000 or 15% of sale price, whichever is greater. In the event a reserve requirement is not met and/or the sale of a vehicle has not been approved by the consignor prior to the auctioneer closing bids, IAA reserves the right to present counteroffer(s) to Buyer in an attempt to negotiate a sale between the consignor and Buyer. Information and translations of Iaai language in the most comprehensive dictionary definitions resource on the web. Compliance with Laws and Terms and Indemnification - Buyer shall comply with all applicable laws related to the use of IAA’s services. Defective Equipment - Buyer acknowledges and agrees that no motor vehicle equipment (including a tire) that is the subject of a decision under section 30118(b) of Title 49 U.S.C. Captcha: – Select KB Category – What are the damages on an Insurance Auction item. THE IMAGES OF THE VEHICLE THAT IAA PROVIDES ARE NOT INTENDED TO EXHAUSTIVELY DISPLAY THE CURRENT CONDITION OF THE VEHICLE. Have any repairs been done? Thank you, Registration - Buyer must be in good standing in order to gain access to or bid on vehicles offered via IAA’s Internet-based vehicle bidding program and procedures (the “System”). https://auction.ridesafely.com/images/2017/06/ridesafely-com.png. Buyer represents and warrants that it will share these Auction Rules, the Terms of Use, and the Privacy Policy with any of Buyer’s guests, and Buyer assumes all responsibility for any of Buyer’s guests and agrees to hold harmless, defend, and indemnify IAA against any claims, damages, obligations, costs, expenses (including attorneys’ fees), liabilities, fines, judgments, or losses arising out of or related to guest admission. Definition of Iaai language in the Definitions.net dictionary. • A vehicle inspector can assess damage and provide you with the detailed information you need to bid with confidence. Auto auctions can be found in most countries and are usually exclusive to licensed automobile dealers.In a few countries, such as Japan, auto auctions are well known and used by most residents. THE PARTIES HEREBY WAIVE ANY RIGHT TO A JURY TRIAL. BUYER UNDERSTANDS THAT IAA IS NOT RESPONSIBLE FOR MILEAGE OR ODOMETER DISCREPANCIES. Seller shall maintain insurance on the subject vehicle and waives any claims against IAA for damage that occurs to the subject vehicle while being held for sale, including damage due to vandalism, theft, flood, fire or any act of God. Meaning of Iaai language. 0. Arbitrators can award the same damages and relief that a court can award. Accounts cannot be transferred. Collision damage waiver (CDW), known as loss damage waiver and auto rental collision damage insurance is a type of protection used in car rental. Please confirm the guest policy with the applicable IAA branch office or other facility (“Facility”) prior to a visit. IAA makes no representations or warranties whatsoever, either express or implied, about the functionality or accuracy of the Cost Calculator and accepts no liability arising out of or related to Buyer’s use of or access to the Cost Calculator including, without limitation, any errors or omissions. Vehicles not paid for within the specified time frame will be subject to a late fee of $50 or 2% of the selling price of the vehicle, whichever is greater. Looking for the definition of IAAI? We may request cookies to be set on your device. E. INJUNCTIVE RELIEF: Notwithstanding anything to the contrary in the foregoing, either party may bring suit in court seeking temporary or preliminary injunctive relief, which shall then be subject to review by the arbitrator should such party further seek permanent injunctive relief in arbitration. Buyer’s submission of a bid, visit to an IAA facility, bidding on a vehicle or other participation in an IAA auction following posting of any revisions to any part of the Buyer Agreement will constitute acceptance of the modified terms. Eligibility - Individuals wishing to register with IAA must be 18 years of age or older and meet all requirements imposed by federal, state, and local government laws and regulations. In the event a reserve requirement is not met prior to the auctioneer closing bids, Buyer consents to the consignor presenting a counteroffer(s). The availability and use of recycled parts, varying labor rates, paint times, etc. ID card must be displayed at all times while on IAA premises. IAA’S VEHICLE INVENTORY CONTAINS POTENTIALLY DANGEROUS PARTS THAT COULD CAUSE INJURY. You can also change some of your preferences. Mechanical damage can increase during cyclic loading even if the effective strain energy remains below the maximum strain experienced in prior cycles. • To see a list of vehicle inspectors, click here. Update: the car has been fixed and its being sold from a dealership. 5 Tips for Buying Salvage Motorcycles on Online Auctions. Vehicles can be picked up only during yard hours. Account Responsibility - Buyer is responsible for all transactions on its account, including, without limitation, all live bids placed by authorized bidders and bids submitted through IAA’s Auction Center using the login name and password issued to the Buyer. To sell a vehicle, check out cars.iaai.com or call 1.877.263.8102 for a hassle-free quote. 10. The doctrine that all natural phenomena are explicable by material causes and mechanical principles. Any provisions contained in the Buyer Agreement which by their nature or effect are required or intended to be observed after termination will survive the termination and remain binding, including but not limited to those terms relating to dispute resolution, disclaimers, releases, indemnity and limitations of liability. Buyer’s purchase of the Vehicle acknowledges this warning; Buyer assumes full responsibility to identify such recalls, and will refrain from re-using or selling any part subject to such safety recalls. Verify Human or Spambot ? Chapter 8. 10. Recalls may be researched at NHTSA.org, as well as the manufacturer’s internet website. NEITHER PARTY SHALL BE A MEMBER IN A CLASS, CONSOLIDATED, OR REPRESENTATIVE ACTION OR PROCEEDING, AND THE ARBITRATOR MAY AWARD RELIEF ONLY IN FAVOR OF THE INDIVIDUAL PARTY SEEKING RELIEF AND ONLY TO THE EXTENT NECESSARY TO PROVIDE RELIEF WARRANTED BY THAT PARTY’S INDIVIDUAL DISPUTE OR CLAIM. 'Insurance Auto Auctions, Inc.' is one option -- get in to view more @ The Web's largest and most authoritative acronyms and abbreviations resource. Any check returned for non-sufficient funds (“NSF”) will be subject to IAA’s NSF processing fee. Authorized Bidders - Businesses may authorize additional buyers to place bids on behalf of their company if allowed by applicable law. ANY STATEMENT THAT AIR BAGS ARE INTACT (SUCH AS THROUGH AN AUCTION NOTATION “INTACT” AIRBAGS) MEANS THAT THE AIRBAGS APPEARED NOT TO BE DEPLOYED UPON ARRIVAL AT IAA’S FACILITY. BUYER ACCEPTS ALL RISKS ASSOCIATED WITH PURCHASING VEHICLES AT IAA ARISING OUT OF OR RELATED TO ANY NMVTIS REPORTING BY IAA OR IAA’S VEHICLE PROVIDERS. We need 2 cookies to store this setting. 14. IAA DOES NOT WARRANT OR REPRESENT THAT VEHICLES CURRENTLY MEET OR CAN BE MODIFIED TO MEET LOCAL EMISSION AND/OR SAFETY REQUIREMENTS. IT IS NOT A REPRESENTATION OR WARRANTY THAT IT WILL DO SO ANY TIME THEREAFTER OR THAT THE VEHICLE IS ROADWORTHY. 1. The arbitrator will decide the substance of the Dispute in accordance with the laws of the state of Illinois, regardless of choice of law principles, and will honor all claims or privilege recognized by law. Click to enable/disable essential site cookies. These cookies are strictly necessary to provide you with services available through our website and to use some of its features. Buyer shall direct any complaint to IAA and not to its consignors. Menu. Payment responsibility remains with Buyer for all bids placed by Buyer and Buyer’s authorized bidders via Buyer’s Login. Please be aware that this might heavily reduce the functionality and appearance of our site. / by RideSafely.com “Mechanical Damage” can mean that there is something inherently wrong with the vehicle, or it could simply mean that there is nothing really wrong with the vehicle, but since the vehicle is more than 10 years old, the auction needed to put a reason for the sale. This is primarily for fire losses, although can also entail water losses or other aspects of property damage. ALL VEHICLES SOLD THROUGH IAA’S AUCTIONS ARE SOLD “AS IS, WHERE IS,” WITH NO WARRANTY, EXPRESSED OR IMPLIED, INCLUDING BUT NOT LIMITED TO ANY WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE OR MERCHANTABILITY. Buyer shall be liable for, and agrees to reimburse IAA for, any and all collection costs, fees, and expenses (including attorneys’ fees) associated with or relating to NSF payments, credit card charge-backs and other past due accounts, including but not limited to collection agency fees. Lv 7. Nairaland Forum / Nairaland / General / Autos / IAAI and COPART buying made easy - LIVE BID (52084 Views) PreOrder Your Cars From Copart and IAAI Using Our License with Little Commission / Auction Export Is An Official Representative Of IAAI In West Africa. If, at any time, Buyer does not agree with the terms and conditions of the Auction Rules, Terms of Use, or Privacy Policy or of any subsequent amendments thereto, Buyer must immediately discontinue using and accessing the System. Precondition to Claims - Buyer shall not institute legal proceedings against IAA without first completing the dispute resolution process set forth below. There is no damage report listed. All renewed or updated licenses must be submitted to and accepted by IAA before Buyer’s account will be initiated or renewed. Changes will take effect once you reload the page. In cases where an in-person hearing is held, you or IAA may attend by telephone, unless the arbitrator requires otherwise. This agreement to arbitrate is intended to be broadly interpreted. is sold for installation on a motor vehicle. Disclaimers, Representations, and Warranties. What does Iaai language mean? KNOWING THESE AND OTHER RISKS INHERENT IN IAA’S OPERATIONS, BUYER FULLY ASSUMES ALL RISKS ASSOCIATED WITH ACCESSING IAA’S FACILITIES. Payment of all filing, administration and arbitrator fees will be governed by the American Arbitration Association’s rules, unless otherwise stated in these Auction Rules. Otherwise you will be prompted again when opening a new browser window or new a tab. Auction vehicles for sale from online car auctions including insurance auto auctions and salvage auto auctions. It includes, but is not limited to: (1) Disputes arising out of or related in any way to vehicles listed for sale at any IAA facility; (2) Disputes arising out of or related in any way to transactions, payments, or fees associated with vehicles listed for sale at any IAA facility; (3) Disputes arising out of or related in any way to the Buyer Agreement; (4) Disputes that arose before your agreement to the Buyer Agreement or any prior agreement; (5) Disputes that are currently the subject of purported class action litigation in which you are not a member of a certified class; and (6) Disputes that may arise after the termination of your use of the services. NMVTIS REPORTING: VEHICLES LISTED FOR SALE AND SOLD AT IAA MAY HAVE BEEN REPORTED TO THE NATIONAL MOTOR VEHICLE TITLE INFORMATION SYSTEM (NMVTIS) AS REQUIRED BY APPLICABLE LAW. IAA reserves the right to deny or cancel Buyer’s account at any time for any reason or for no reason at all with or without notice. Once IAA suspends or revokes Buyer’s account, Buyer shall not set up another account with IAA until the suspended or revoked account is reactivated. = BUYER’S SOLE REMEDY FOR CLAIMS SHALL BE FOR RESCISSION OF THE SALE OF THE AFFECTED VEHICLE. “Mechanical Damage” can mean that there is something inherently wrong with the vehicle, or it could simply mean that there is nothing really wrong with the vehicle, but since the vehicle is more than 10 years old, the auction needed to put a reason for the sale. In the event of unauthorized use of Buyer’s ID card or login information, Buyer shall be responsible for all charges incurred prior to receipt of written notice by IAA advising of such unauthorized use. FOR EXAMPLE, IAA UTILIZES LOADERS WHICH MAKE INDIVIDUALS AND PROPERTY DIFFICULT TO SEE. The forklifts could cause damage to the vehicle. IAA may terminate the Buyer Agreement for any reason or no reason at all with or without notice at any time. Replacement of lost or stolen cards will be available upon payment of a replacement card fee. IAA MAKES NO WARRANTY OR REPRESENTATION ABOUT THE CONDITION OF THE VEHICLE BY PROVIDING THESE IMAGES. Prohibited Persons and Sanctioned Countries - Buyer represents and warrants that neither Buyer nor any of its employees, affiliates, brokers or other agents, contractors or representatives acting in any capacity, directly or indirectly, in connection with any vehicle purchased at an IAA auction is or will be engaged in any of the following activities: (i) exporting, reexporting, selling or supplying (directly or indirectly) any goods, services or technology to any country embargoed or sanctioned by the United States (ii) employing or conducting any business or engaging in any transaction or dealing with, any person or entity, or any affiliate of such person or entity, determined to have committed, threatening to commit or supporting, terrorist acts or those persons or entities otherwise appearing on the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) list of Specially Designated Nationals and Blocked Persons, including but not limited to (which lists can be accessed at the following web address: http://www.ustreas.gov/offices/enforcement/ofac/) (collectively, “Prohibited Persons”), including the making or receiving of any contribution of funds, goods or services to or for the benefit of any Prohibited Person; (ii) dealing in, or otherwise engaging in any transaction relating to, any property or interests in property blocked pursuant to Executive Order No.
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