The auction reserves the right to accept or reject applicants. Use of our buyer's card is a privilege and is non-transferable. Albany Auto Auction may revoke the dealer's priveleges when deemed necessary and the holder must return the card(s) upon demand. Any dealer using a card agrees to pay for vehicles purchased at any sale(s). A dealer will be responsible for all transactions conducted at this auction in which the dealer and/or his representative may be involved.
This will outline the broad guidelines and policies for dealers conducting business at Albany Auto Auction. Dealers should read and understand our rules, policies, and the manner in which we operate this dealer vehicle exchange before transacting business at this auction. Fairness must prevail in these business transactions between sellers and buyers, and dealers registered agree to abide by our policies and procedures when conducting business at this auction.
Buyers and sellers must understand that this auction acts solely as a dealer-only vehicle exchange, with titles passing from sellers to buyers. The auction is never involved in the chain of title, although the auction provides specific title warranties as outlined in both the policy guidelines and in the terms stated on the Vehicle Agreement of sale, which both seller and buyer sign.
The auction always attempts to administer and rule on matters in an impartial and equitable manner. The auction retains total discretion to make final judgements and to rule on all matters involving auction policies. Any effort to circumvent auction policies will not be tolerated. The auction management will make all final decisions involving dealer disputes.
The auction may adopt new policies as required from time to time, and dealers will be notified.