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Sales Dept.
TERMS-OF-SALE

The following terms of sale apply to all of our online sales.

Payment Methods

Cash (In Person), certified check, bank transfer, or 3rd-party financing. All funds must be in US dollars only. Please be sure to have full payment and/or approved financing in place before making your final bid. Call us for more information.

Deposit

Deposits are not secure until the Non-Refundable Deposit form has been signed and returned, credit card has been processed and funds have been received, and Buyer has received confirmation from Seller that the Non-Refundable Deposit has been secured.



Payment of Balance Due

The buyer agrees to pay remaining balance due (plus applicable fees and taxes) within 5 days of the close of the auction. All financial transactions must be completed before delivery of the vehicle.

Additional Fees and Taxes

North Carolina state residents are subject to state sales tax of 3% and any registration/DMV fees depending on the vehicle.

Out of state buyers are responsible for all state, county, city taxes and fees, as well as title/registration fees in the state that the vehicle will be registered.

A $699.50 documentation fee is applied to every vehicle sold at Cosmo Motors.

Shipping

The buyer is responsible for all shipping charges. We will assist the buyer with finding a shipping company - call us at 828-324-2444 for more information. We assume no responsibility for damages incurred after leaving our premises. If the vehicle is going to be shipped, full payment must be received before the vehicle is delivered to the shipping company.

Buyer's Inspection

Every effort has been made to accurately and fairly describe this vehicle to you. Cosmo Motors has tried to disclose all information known about this vehicle for auction. Please be advised that used vehicles will have typical scratches and dings inherent for their year and mechanical parts are subject to fail. Cosmo Motors welcomes and recommends a buyer's inspection. If you plan to have a buyers inspection, please make sure you inspect the vehicle prior to the auction ending. Buyer is responsible for any inspection charges and fees.

Warranty

Unless otherwise stated in the vehicle description, this vehicle is being sold "as is". No representations or warranties are made by seller, nor are any representations or warranties relied upon by bidders in making bids. Manufacturer's warranties may still apply.

Extended warranties may be available; please contact us for details.

NOTICE TO BIDDERS

We reserve the right to cancel all bids and end an auction early should the vehicle no longer be available for sale.

Bid Retractions

Bid retractions are not allowed nor will be recognized within 12 hours of auctions end. Seller will not be obligated to sell in the event of a late retraction.

Negative Feedback Bidders

We do not allow bidding from negative feedback bidders. New bidders with zero feedback rating should email us or call us prior to bidding.

Successful Bidder

The winning bidder will be contacted via email after the auction closes or he/she must contact Cosmo Motors within 24 hours to proceed with payment and delivery arrangements.

Non-Paying Bidder

If the deposit is not received within 2 business days of the close of auction or if the balance is not paid in full within 5 days following the close of auction, we reserve the right to re-list the vehicle or sell the vehicle to the next highest bidder or another qualified buyer.