New Electric Horseless Royal Carriage

Payment Terms: Settlement in U.S. Funds is to be made at the conclusion of the auction and no later than (2) business days after the conclusion of the auction. Purchased items will not be released until the total purchase price has been fully paid. Upon payment in full the successful buyer will receive a paid invoice with pickup information and a load out invoice. A Buyers’ Fee (based on hammer price of item) will be added to all invoiced purchases. Purchaser must pay all state and local sales tax on an item when applicable. Under Tennessee tax laws and regulations, there is currently no exemption unless you have a valid resale/farm tax exemption certificate. Resale or farm exemptions certificates must be present when registering for the auction. Payment will be accepted by cash, check, cashier’s check, wire transfer or ACH. A Bank Letter of Guarantee drawn on a U.S. Bank addressed to Tri-Star Auction Group, LLC must accompany all checks over the amount of $2,000. VISA, MasterCard, Discover and American Express will be accepted on purchases under $5,000 (a 3% Admin Fee will be added to all credit card purchases). International Buyers must pay by wire transfer or ACH. If balance is not paid in full by two (2) calendar days from the ending date of auction, a late fee in the amount of $100 per day will be added to the invoice. Quick Overview of Terms: • When you register to bid & check to agree to these terms you are entering a binding contract. • All Items are Sold “As-Is” with no Warranty & all sales are final. • A 12% Buyers premium applies to all items purchased. • Inspections are encouraged. • Payments are due at the close of the auction and no later than 2 days after the closing time. • You must be 18 years of age to bid. • Sales tax will apply to all purchases unless a resale certificate or ag exempt card is presented and on file. • You have 10 business days to remove your purchased items after the end of the auction or storage fees will apply. • If you purchase a titled item, a $50 processing fee will apply, and title will be sent by mail no later than 10 days after the auction.