Vehicle Bid definition
Examples of Vehicle Bid in a sentence
Save this blank Excel worksheet to your computer, enter the required Vehicle and pricing information, and then upload the completed worksheet to the Vehicle Marketplace by clicking "Upload Price Worksheet" in Part 3: Vehicle Bid and Pricing, on the applicable Form B: Mini-Bid Response.
For each Vehicle Bid that results in a Delivery of a Vehicle from a Seller to the Buyer, a Procurement Fee will be payable by the Buyer to AutoFlip in accordance with the terms of this Agreement and will be calculated on the value of the Vehicle as per the below table.
If the Buyer decides to cancel any Vehicle Bid that has been accepted by AutoFlip in accordance with the terms of this Agreement, without any valid grounds including, without limitation, a misdescription of the Vehicle by the Seller (which will be determined at AutoFlip's sole discretion), a cancellation fee of $200 (including GST) will be payable by the Buyer to AutoFlip.
Notwithstanding the above, where the Buyer participates in an auction hosted on the AutoFlip Platform and makes a Vehicle Bid at such an auction that results in a Delivery of a Vehicle from a Seller to the Buyer, the Procurement Fee payable by the Buyer will be as stated by AutoFlip in the relevant announcement regarding such auction (or as otherwise notified by AutoFlip to the Buyer in writing before any such auction).