1952 MG TD Roadster

The buyer premium on vehicles purchased through Proxibid is 13% above the hammer price. NOTE: Sales tax will be charged by your State upon registration of your purchased vehicle. NOTICE: Upon your request to bid, The Branson Auction will, through Proxibid's APN system, put a $2,000 hold on your credit card on file with Proxibid. ($2,000 credit card hold will be released the week after the auction if you have not purchased a vehicle) If you are the successful buyer, The Branson Auction office staff will contact you directly. We will then prepare your purchase invoice, buyer terms, as/is statement, odometer statement and wire instruction/agreement form as well as other forms needed to properly complete your file. (Credit cards cannot be used for purchase of vehicles.) Auction phone number 260-333-0860 ONCE YOU ARE THE SUCCESSFUL PURCHASER, WE WILL NEED THE FOLLOWING: - Copy of your driver’s license - Dealer information if applicable - Any other forms, etc needed to complete your purchase REMINDER: Be sure to contact the Auction Company if you have any questions on terms or automobile details BEFORE placing a bid as you are responsible for any bids placed through our Proxibid Auction. 417-335-3063, 260-333-0860 or dawn.bransonauction@gmail.com AUCTION TERMS -Buyer Contract- Buyer credentials are non-transferable. All bids made by the holder of the auction credentials will be the responsibility of Buyer. Collector Cars International, a Missouri Corporation, doing business as The Branson Collector Car Auction LLC, both jointly and severally, hereafter known as “BCCA”. BCCA reserves the right to refuse registration of bids from any person or legal entity which does not agree to comply with these terms and conditions. All statements printed in BCCA ads, catalogs, brochures, signs and car cards as well as verbal statements made by the auctioneer or staff, have come from Seller. BCCA assumes no responsibility or liability for representations made by Seller and shall have no obligation to verify or authenticate such statements or claims. It is the responsibility of Buyer to ascertain by their own means the correctness of a vehicle year, model and body style, and it is Buyer’s own diligence to determine accuracy, correctness, and condition of vehicle and all related material prior to placing any bids. Any and all bids placed will be conclusive proof Buyer has performed such diligence. Any announcements made on the day of the auction take precedence over ads, catalogs, brochures, signs and car cards of other previously announced or documented information, but do not alter in any way the basic terms and conditions of the sale. Seller has provided an odometer statement as required by Federal Law. BCCA does not in any way guarantee the odometer reading to be actual, true or correct. Unless an item is advertised or announced otherwise, each item is offered subject to the reserve price of Seller. When an item is sold with reserve, the auctioneer may bid on Seller’s behalf in an amount not to exceed the reserve price. When the auctioneer says “SOLD”, the ownership shall pass to the successful buyer, who assumes full risk and responsibility at that time. Buyer agrees that BCCA shall have no liability against all perils and loss, including but not limited to damage caused by another party, fire, natural disaster, theft, or mechanical failure. Buyer shall defend, indemnify and save harmless BCCA from any liability. Buyer must provide insurance coverage against all perils and loss including but not limited to damage caused by another party, fire, natural disaster, theft or mechanical failure if such protection is desired. BCCA provides no such insurance and is not an insurer of any item offered for sale. All items shall be removed from the sale area by Buyer at Buyer’s expense within the time period announced by the auctioneer. BCCA shall in no event be liable for the removal of any sold item. All sales are final and all items are sold “AS IS WHERE IS” with no warranties or guarantees of any type expressed by BCCA. Any warranty or guarantee made by Seller to Buyer must be in writing on a separate sheet, signed by both parties and notarized. In no event shall BCCA, the auctioneer, any employee, agent or associate of BCCA be responsible or liable for such warranties or guarantees whatsoever whether written, oral or implied. Buyer agrees to defend, indemnify and save harmless BCCA from any and all legal action that may arise from the sale of any item, and to rely only upon themselves or Seller for enforcement of contracts for the sale of any sold item. Payment shall be made from Buyer directly to BCCA as acting auction agent of Seller by the end of the auction. Payment of funds due Buyer from any other transaction may be withheld from Buyer and applied to other purchases made by Buyer. All payments must be made in the form of cash, cashier’s check, financial service company, business or personal check backed by an irrevocable bank letter of guarantee stating the amount to be honored by the bank, or wire transfer backed by an irrevocable bank letter of guarantee stating the amount to be honored by the bank. Drafts are not acceptable. Buyer will pay a 13% buyer’s commission on all vehicles and a 18% buyer’s commission on all collectible items. Buyer will pay all applicable sales taxes or furnish signed and valid certificate of sales tax exemption and dealer’s license number. Title for any titled item purchased will be withheld until the Buyer’s funds clear BCCA’s bank account. Titles will be mailed after funds clear, no sooner than fourteen (14) business days following the end of the auction. All purchases made under the same Bidder’s number shall be one transaction regardless of method(s) of payment. Subject to federal law, all cash transactions in excess of $10,000 will be reported to the Federal Government. In the event of Buyer’s default on any terms herein, including but not limited to dishonored checks (insufficient funds, stop payment or the like) any item, vehicle, thing, things, title or titles from any purchase or transaction made with same Bidder’s number may be held until all issues are resolved and payment in full is received, and BCCA or assigns shall be entitled to attorney fees incurred in the enforcement of this contract. If Buyer sues BCCA and does not prevail, Buyer shall reimburse BCCA for all reasonable legal fees and expenses connected with such suit. The parties agree that this contract shall be construed under the substantive laws of the State of Missouri, that the State Courts of Missouri shall have exclusive jurisdiction over any action brought to enforce the terms of the contract or over any action arising out of the underlying transaction(s) with BCCA and venue shall be in the Taney County Court system in the State of Missouri. Buyer's credit card deposit will be retained if total payment for purchase(s) is not made. This instrument together with the buyer credentials, clerk ticket, consignment contract, consignment form, and purchase contract comprise the entire agreement of the parties and shall be binding on them. This instrument shall not be modified except in writing, signed by an officer of BCCA in the auction office or at the auction block. In proper context, the term “ITEM” is used herein as defined to mean any article, vehicle, objects, thing or things pertaining to this or any other contract and instruments collateral hereto. Buyer agrees that they have read and fully understand these terms and any bids shall be conclusive proof that Buyer has made himself acquainted and agrees to thereby become legally bound by signature.