Buyer Agreement

1. Every commitment is binding

Each bid, proxy bid, offer, counter-offer acceptance, and buy-now action you take is a firm, irrevocable offer under Terms of Service §6. You cannot retract it, condition it, or let it lapse by ignoring it. If it wins or is accepted, a Sale exists and you must perform. Placing commitments you are not certain you can fund is a breach of this Agreement even before any default occurs.

Bids and offers made through your account bind you regardless of who at your dealership placed them (Terms of Service §4). Set proxy limits carefully — the Platform bidding on your behalf up to your limit is your bidding.

2. Pre-bid diligence

You confirm before each commitment that you have reviewed the listing's Condition Report and its verification designation, photographs and media, description and announcements, title designation, and any attached history report. Everything disclosed there is accepted and cannot be claimed later (Vehicle Condition Arbitration Policy §2). Estimated values, condition scores, and price intelligence are aids, not promises.

3. Deposits and Platform Balance

Bidding may require a deposit or minimum Platform Balance as shown in the Fee Schedule or at the time of bidding. Deposits are refundable on request when you have no open commitments, but are subject to forfeiture and setoff on default (Terms of Service §§7–8).

4. Checkout, payment, and fees

You must complete checkout by the Checkout Deadline — 24 hours after the Sale forms unless a different deadline is shown. Pay only through the Platform, using the methods offered (bank transfer preferred; a transfer initiated on time and settling normally is timely). You pay the amounts defined for your account type in the Fee Schedule, shown again at checkout before you confirm. Paying off-platform, or soliciting a seller to transact off-platform, forfeits every Platform protection and is a material breach.

Missing the Checkout Deadline is a default: your deposit may be forfeited, the vehicle may go to the next bidder or be relisted, your bidding may be suspended, and you owe the shortfall and costs described in Terms of Service §8. Late payment also voids your Condition Arbitration rights on that Sale.

5. Pickup, release, and risk

Complete pickup within 7 calendar days after payment settles (or on the transport schedule arranged on the deal). Your pickup code — one-time PIN and secret word — is the key that releases the vehicle and the seller's payout: keep it confidential, give it only at handover (or to the carrier you authorize), and never share it before you or your carrier have the vehicle. Release to your carrier is release to you; ownership and risk transfer per Terms of Service §9. Inspect at handover and note visible damage before signing any pickup or delivery document (Transportation Support Policy §6).

After the pickup window, storage charges in the Fee Schedule accrue, and prolonged inaction is a default.

6. As-is purchase and condition claims

You buy every vehicle as-is, where-is, with all faults, subject only to the Vehicle Condition Arbitration Policy — your exclusive condition remedy, with its 10-day window (day one = Sale Date), $600 wholesale threshold, and evidence rules. Until a claim you open is decided: do not repair or alter the claimed condition, do not resell, re-register, or export the vehicle, and keep it available for inspection. A chargeback or payment dispute in place of that process is a material breach.

7. Title

Title designations, delivery deadlines, and your late-title notice and one-time cancellation right (with its exact evidence requirements and voiding conditions) are in the Title Policy. Do not retail, wholesale, export, or re-title a vehicle before you hold its promised title document; doing so voids the cancellation right and is at your sole risk.

8. Public (non-dealer) buyers

If you hold a public account (available only while public participation is enabled): you bid the all-in amounts in the Fee Schedule; you must complete identity verification before bidding; document-processing services shown at checkout are performed by the identified dealer of record; your deal's payout to the seller is title-conditioned per the Title Policy; and nothing in this Agreement waives a consumer protection you cannot lawfully waive. All other sections of this Agreement apply to you equally.

9. Buyer standing

Defaults, chargeback misuse, abnormal claim rates, and pickup-code negligence affect your standing: consequences range from deposit requirements and Limited Arbitration designation (Vehicle Condition Arbitration Policy §15) to suspension and termination under Terms of Service §20. Questions or notices: support@laneuppro.com.