Buyer's Terms & Conditions

AutoeBid is a trading name for Commission It Limited, of 105 Heathwood Gardens, London, SE7 8ET. In this agreement the following definitions apply: 'We' or 'Us' or ‘AutoeBid’ means Commission It Limited t/a AutoeBid. 'You', means the person whose name and address is stated on the Buyers Registration Form or Order Form or Quotation Request Form, as the case may be. 'Supplier' means a Broker/Wholesaler/Dealer or other third party registered with, or otherwise used by, AutoeBid for the supply of vehicles. A 'bid' is a quotation by a Supplier.

1. In both our reverse auction and quote system offerings, We operate to an agency model. This means that We will act as Your agent to locate potential Suppliers for the vehicle You wish to purchase ('Your requirement'). In our reverse auction system, we act as Your agent providing the names of Suppliers who inform Us that they can match Your requirement, and passing on pricing information given to Us by those Suppliers on vehicles that match (or nearly match) Your requirement. In our quote system offering, we act as Your introduction agent, passing on Your contact details to Suppliers who may be able to provide You with a quotation. In each case, our only obligation to You is to seek to provide such a service.

2. Any contract for purchase of a vehicle will be between You and the relevant Supplier. This means that there are additional terms and conditions governing that contract as each Supplier will have its own terms and conditions relating to that vehicle. You should make sure that You read those terms and conditions, and it is Your responsibility to request a copy of them from the relevant Supplier. Because the contract for the purchase of the vehicle is between You and the Supplier, any queries or concerns relating to the vehicle should be addressed to them and not to us. Autoebid will of course assist You with contacting the Supplier if You wish, but it is not our responsibility to do so.

3. All prices stated on Our website or communicated directly to You by Autoebid are prices stated from Suppliers or prices we know were available. We will not be held responsible for any inaccuracies in that pricing information. The prices stated on our website represent the suggested Reserve Price or less which we will seek to procure for You for the relevant vehicle. We are not representing to You that we will be able to procure a Supplier to supply at that price. Unless stated otherwise, prices are stated in UK pounds sterling.

4. After You have placed an order for a vehicle, the manufacturer of a vehicle may increase the price of the vehicle or options on a vehicle at any time, and any such increase in the price may be passed wholly or partly on to You. Any such prices increases can only be applied from the manufacturer, not the Supplier. We will not be held responsible for any pricing increases from the manufacturer, government changes to car tax/road tax or changes in VAT. However for vehicles being purchased through our reverse auction, where the manufacturer increases the price, We will seek to procure (without obligation) the same percentage discount in respect of the increased price as applied in respect of the lower price.

5. All bids are subject to availability, and delivery dates stated are estimated and approximate. Subject to clause 9, responsibility for all bids, delivery dates and other information provided rests with the relevant Supplier and not with AutoeBid.

6. None of the information regarding vehicles or other information posted on our website, nor any bids which You receive constitutes an offer by AutoeBid to sell any vehicle.

7. By placing an order in our reverse auction or by requesting a quotation in our quote system, You are expressly authorising us to provide Suppliers with Your contact information (including your email address). Suppliers will then contact You directly so that You can enter into a contract to purchase the vehicle directly with the Supplier. As stated above, the contract is between You and the Supplier (and AutoeBid is not a party thereto).

8 . When You place an order in our reverse auction, You are agreeing to purchase the requested vehicle at the Reserve Price or less. This is a commitment to purchase from any of our Suppliers who is able to supply at the Reserve Price or less. Where We have taken payment of Our fee (1.5%+ VAT of RRP, if RRP is less than £20,000 (or) 1.25%+ VAT of RRP, if RRP is between than £20,001 and £30,000 (or) 1.0%+ VAT of RRP, if RRP is greater than £30,000) from You, this fee is totally non-refundable in the absence of the negligence, fraud or wilful default on the part of an officer or employee of AutoeBid.

9. We may be liable to You only if a court finds that damage suffered by You has resulted from (1) our negligence, fraud or willful default in carrying out our duties as Your agent as set out above, (2) a misrepresentation by Us of important information, or (3) a breach by Us of a relevant law. In the absence of any of these, you may not claim against AutoeBid (or any officer or employee or duly authorised agent of AutoeBid) to recover any damage suffered in connection with this contract.

10. It is a term of this contract that all information regarding the identity of our Suppliers remains totally confidential. You may not disclose to any other person the identity of or any details of a Supplier without our written consent to do so. In addition it is a term of this contract that if you use the quote system, You shall disclose to AutoeBid upon request the identity of the supplier of any vehicle you purchase within 6 months of requesting the quotation, (whether or not such supplier is one of Our Suppliers). In addition You should note that AutoeBid's service is only available to individuals and businesses not associated with the motor trade. By placing an Order, You are warranting and representing that you are not acting for or on behalf of a motor trade organisation. Breach of this representation and warranty, or failure to honour the terms of this clause 10, will give AutoeBid a right of action against You for damages. This clause 10 is included in this contract in order to protect Our position in the market. If you make a repeat order for any additional vehicle at any time in the future from the supplier we introduce you to you will be required to pay AutoeBid its buyers fee relevant at the time of repeat order.

11. It is intended that these terms and conditions constitute the entire agreement between Us and You.

12. You undertake to Us that personal and contact details You give Us whilst using Autoebid's services are correct, and in particular that the credit card or debit card details You are using are Your own and that there are sufficient funds to cover payment of the fee charged by AutoeBid in respect of any order You make.

13. Any notice served on You in connection with this contract of agency may be served personally or be left at the latest address given by You in Your Buyers Registration or Order Form, or may be sent by first class post to such address. AutoeBid will accept service delivered personally or sent by first class post at our registered office. If served by first class post, notices shall be deemed to have been received 2 days after they are postmarked,

14. These terms and conditions shall be governed by English law and the parties submit to the nonexclusive jurisdiction of the courts of England and Wales.

By placing an order in our reverse auction or by requesting a quotation through our quote system on our site, you are agreeing to these Terms and Conditions.