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© 2019 by Auctions ASAP Inc. KY Auctioneer License # P3305, IN Auctioneer  License # AU10800084,  KY Real Estate License # 218841

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Kentucky Auctioneers Association National Association of Realtors Indiana Association of Auctioneers Personal Property Appraiser, Certified Estate Specialist, Auction Technology Specialist, Certified Auctioneers Institute

Metro Impound Lot Auction

Terms & Conditions

  1. All Auction Vehicles are sold for salvage/parts only with no guarantee whatsoever that you can obtain title.Neither Metro Louisville Government nor Auctions ASAP will assist you in obtaining any title or license for vehicles sold at this auction.In addition, some vehicles may have a lenders lien against them. For those buyers wishing to obtain a title, the Impound Lot will supply you with a copy of any certified letters sent to the owner or lien holders that you must present to the county clerk when obtaining a title.We will also provide you a bill of sale.

  2. All vehicles & items sold at auction without exception will be sold as is, where is, with no warrantees/guarantees expressed written or implied. There will be no refunds, exchanges, credits, tags or titles given for any reason.It is your responsibility to determine its value prior to bidding given any and all auction constraints. This sale is subject to the caveat emptor principle.

  3. Any vehicle, at the discretion of Metro Government, may be pulled from the auction inventory list at any time prior to its sale.Owners have a legal right to claim impounded vehicles right up to its sale once they have settled with the Impound Lot.Vehicles may also be pulled to meet the needs of Metro Government.

  4. Neither Metro Louisville Government nor Auctions ASAP will be responsible for any and all accidents or injuries.All parties entering the Impound Lot facility does so of their own free will and assume all personal risk.

  5. In order to bid, you must have a bid number.To get a bid number you must present a valid photo ID between 8:30 and 9:55am day of sale.You must use a new bid number every sale.

  6. The Kentucky Revenue Cabinet requires the collection of KY Sales Tax on all impound vehicles sold during this auction.A valid Resale Certificate/Tax Exempt form MUST be presented during the Bidder Registration Process in order to be exempt from paying KY Sales Tax.If you are a dealer, parts wholesaler, or an individual buying to resale, you must present and leave with us a copy of your Tax Exempt/Resale Certificate along with filling out the state exemption form for our files.All persons buying for personal use will pay KY sales tax along with any persons or companies that have failed to provide valid Tax Exempt/Resale certificates during the Bidder Registration Process.Also, out of state buyers must present their out-of-state Tax Exempt/Resale Certificate during the Bidder Registration Process to be exempt from paying KY Sales Tax.We must collect KY Sales Tax at all future auctions.

  7. There will be an additional $20 surcharge per vehicle purchased that is paid to and required by Metro Government for administrative fees.

  8. A ten percent buyer’s premium (10%) will be added to your winning bid price to determine its final bid price. Example- If you bid ten dollars, one dollar will be added to your bid to determine the final bid price.

  9. Without exception, all purchases must be paid in full immediately following the sale on the day of auction.One of us will be here for at least one hour after the sale for you to make payment.Do not wait to pay!

  10. Payments will be made to the auction company immediately following the auction.Full payment, including any required taxes, fees and buyer’s premium, are required day of sale.Accepted payment methods include CASH or Visa & Mastercard.No checks.In order to use credit cards, it must be in your name and you must present valid ID at time of sale.3% credit card fee applies so use CASH to avoid the fee.

  11. Nothing to be removed from the Impound Lot before payment in full.When removing items or vehicles, you must present for inspection the paid invoice to Impound Lot Personnel.

  12. All vehicles and other items must be removed from the Impound Lot facility before 5:00 PM on the Friday following the auction.Any vehicle or remaining item left after that time is subject to impoundment and a storage charge may be assessed.

  13. At the close of bidding, winning bidders are responsible for protecting their merchandise from damage or theft.Neither Metro Government nor Auctions ASAP assume any responsibility for loss or damage.

  14. No work is to be done on any vehicle while on the Impound Lot or any of its facilities.No keys can be made on the property.Vehicles cannot be driven off the property and MUST BE TOWED.Vehicles cannot be parked on the outside of the fence.Any violations of this rule will result in the permanent barring from all future auctions and vehicles will be impounded.

  15. No alcohol, illegal drugs. pets or weapons of any kind are allowed on the lot.

  16. No dumping of trash, tires, car parts and anyone caught dumping will be barred from the lot.

  17. No one under 18 is allowed on the Impound Lot.No one is allowed on the lot after dark.

  18. Any bidder who does not pay for their bids will be barred from all auctions going forward.

  19. The Auctioneer reserves the right to accept bids in any increment he feels is in the best interest of his client the seller. The Auctioneer reserves the right to reject the bidding of any person or persons whose conduct, actions, or adverse comments he feels are not in the best interest of the seller.If the auctioneer deems there to be collusion among bidders, the auctioneer may cancel the auction or may direct those parties to leave or have them escorted off the Impound Lot