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Ing to the policy, the ?Auction has a standard light/video display system to describe the. condition and/or disclosures related to the vehicle being sold.? The system is defined as: Green Light ? ?Ride and Drive:? ? The green light signals that this vehicle is guaranteed under the conditions outlined in this.
? Blue Light ? ?Title Attached/Title Unavailable/Title Absent?: This light is used to announce that the title is not present at the time of the sale. For Auction rules regarding titles please refer to the Title Arbitration Policy section. If ?title attached/ unavailable/absent? is not announced, a vehicle could be ...
?The authority to bid form is probably the most understood method. That could be a buyers' agent, or simply a friend or relative bidding on behalf of someone. That person then goes up to the selling agent or auctioneer to register and presents the signed form.
Green Light means that the seller is representing the vehicle as free of any known major arbitrable defects. Green Light with a Yellow Light indicates the vehicle is free of any known major defects accept what is being announced by the seller. Yellow Light means the vehicle is being sold under an announced condition.
RED LIGHT: ?AS-IS? signals that the vehicle is not covered by the auction rules for arbitration. Vehicles sold under the Red Light cannot be arbitrated for any reason except frame, odometer, flood, or title discrepancy.
"GREEN" Light ? the seller represents that the vehicle is sound and subject to all arbitration policies. "RED" Light ? the vehicle is being sold "as is" mechanically. Please review auction policies and procedures for a more detailed explanation. "YELLOW" Light ? listen to the announcement made by the auctioneer.
Best for Government Surplus Items GSA Auctions It's an actual government website. Use proxy bidding to indicate your maximum bid. Payments made to the U.S. Department of Treasury at Pay.gov.