Services and Charges

The Gavel® Platform

The Gavel Platform provides an auction-style marketplace for “Buyers” who are approved and registered users wishing to purchase a used automobile, and “Sellers” who are approved and registered users wishing to sell their used automobile. Buyers and Sellers are collectively referred to herein as “Users,” and each User shall create a User account that enables access to the Gavel Platform. For purposes of this Agreement, the services provided by Users to other Users through the Platform shall be referred to collectively as the “User Services”. Any decision by a User to offer or accept User Services is a decision made in such User’s sole discretion. Each User Service shall constitute a separate agreement between such Users.

Users agree to pay the amounts charged for their use of the Gavel Platform and Gavel Services (“Charges”). Charges include any service and processing of payment fees and other applicable fees, taxes as set forth in each User’s applicable location, any applicable transportation fees (see Transportation section). Gavel has the authority and reserves the right to determine and modify pricing by posting applicable pricing terms on its mobile application and website. Pricing may vary based on the type of Gavel Service provided (e.g., Buyer, Gavel Seller, Gavel Plus Seller) as described. Users are responsible for reviewing the applicable charges and shall be responsible for all Charges incurred under their User account regardless of their awareness of such Charges or the amounts thereof.

Seller Services and Charges

There are two types of services available for Sellers, Gavel® and Gavel Plus®. Users are responsible for reviewing the applicable Seller Services and Charges and shall be responsible for all Charges incurred under their User account regardless of their awareness of such Charges or the amounts thereof.

IMPORTANT: Only used automobiles that qualify for the Gavel Platform will be listed for sale on the Gavel Platform. In order to qualify for the Gavel Platform, an automobile must be less than eight (8) years old AND have an annual average mileage of no more than ten-thousand (10,000) miles or less at the time the listing is made public.

Gavel® Process, Services and Charges :

Gavel Process : Sellers that sign up for the Gavel service are required to upload their vehicle information, including their own photographs for their Seller profile. Each Seller must be verified and have their vehicle inspected to ensure the accuracy of their listing before their used automobile can be listed on the Gavel Platform. At the time of the upload, the Seller will be required to schedule an appointment to have their automobile inspected. At the time of scheduling the inspection, the Seller must provide Gavel with a valid credit card. IMPORTANT: If the scheduled appointment is missed by the Seller, there will be a missed appointment fee of $125.00 (US dollars) charged to the credit card provided by the Seller. This charge will be assessed ONLY if the Seller is a no-show by more than 15-minutes for their vehicle inspection appointment, or denies their vehicle inspection once the inspector is on-site, and AFTER the scheduled appointment is missed by more than 15-minutes or denies the inspection. A requirement of the inspection process is verification of the Seller and their ownership of the vehicle being sold. For verification, the Seller must provide to the inspector at the time of their appointment the following documents: Personal Government Issued Identification (Valid Driver’s License, Passport, etc), Vehicle Registration, title or copy of title (if applicable), lien holder information (if applicable) (this includes: name of lien holder, name of individual who owes the lien, amount of lien, date of lien). Once the vehicle has been inspected, the inspector will verify the information provided by the Seller to ensure the accuracy of the listing before the listing can be made public. Once the inspector has completed the inspection and had the opportunity to upload the inspection report, the Seller will be provided with a “Sell it Now” price for their vehicle. The Seller then has the option of accepting the “Sell it Now” price, or they can list their vehicle for Buyers (licensed auto-dealers) to bid on. If they choose to accept the “Sell it Now” price, they will then be provided information to arrange delivery and receipt of payment of the vehicle. If they choose to list their vehicle for bidding, the Seller then must decide the length of time for the listing to be open. Once their listing closes, the Buyer who submitted the winning Bid on the vehicle will be notified along with the Seller. Both the Buyer and Seller will be able to communicate on the Gavel App to arrange delivery of the vehicle. IMPORTANT: the Selling of a used vehicle from a Seller to a Buyer using the Gavel Platform constitutes a separate binding legal agreement between ONLY the Seller and Buyer and no third-party beneficiary. As such, Gavel bears no responsibility in any cause of action arising out of this transaction.

Gavel Services: Gavel provides the platform for Sellers and Buyers (licensed auto-dealers) to arrange for the purchase of the Seller’s used vehicle. Gavel’s platform provides the listing, inspection appointment, a “Sell it Now” price for each vehicle listed, and access to Gavel’s network of licensed-auto dealers to purchase the listed vehicle. Each listing contains the electronic vehicle inspection report and Experian autocheck report for each used automobile listed on the Gavel Platform. IMPORTANT: Sellers must have their automobile inspected before using the Gavel Platform. The automobile inspection is for quality control purposes ONLY. The electronic vehicle inspection report is ONLY to verify the accuracy of the listing and Seller. In addition, ONLY the information provided in the electronic vehicle inspection report as part of the listing has been verified. As such, Gavel offers no warranties or guarantees for any vehicle’s listed on the Gavel Platform.

Gavel Charges : For vehicles that qualify to be listed for sale on the Gavel Platform, Sellers will be required to pay a missed inspection fee of $125.00 (US dollars) ONLY if they miss their scheduled inspection appointment by more than 15-minutes or denies the vehicle inspection once the inspector is on-site. This fee will be charged to the credit card provided by the Seller. If after the vehicle inspection the Seller decides to cancel the listing, there is a cancellation fee. Please see the Cancellation Policy below for more details.

Sell it Now Charge : If a Seller accepts the “Sell it Now” price generated from the Vehicle Inspection Report before their listing is made public, the Seller will be required to pay $99.00 (US dollars) to Gavel. This fee will ONLY be owed to Gavel if the Seller accepts the “Sell it Now” price, and will be charged to the credit card provided by the Seller.

Gavel Plus® Process, Services, and Charges:

Gavel Plus Process : The process is the same as the “Gavel Process” described above. The difference between Gavel and Gavel Plus, is for Gavel Plus, Gavel personnel will establish the listing profile on behalf of the Seller. The Seller will provide their name, vehicle’s VIN number, and schedule an inspection appointment.

Gavel Plus Services: In addition to the services provided in the “Gavel Process” described above, Gavel Plus Sellers are provided with a completed listing profile, and an eco-friendly waterless car wash provided by ENVI. During the vehicle inspection, the inspector will complete the profile and take the photographs necessary for the listing. A requirement of the inspection process is i) verification of the Seller, ii) verification of their ownership of the vehicle being sold and iii) verification of any amounts owing on the vehicle. For Seller verification, the Seller must provide to the inspector with the following: Personal Government Issued Identification (Valid Driver’s License, Passport, etc), Vehicle Registration, title or copy of title (if applicable), lien holder information (if applicable) (this includes: name of lien holder, name of individual who owes the lien, amount of lien, date of lien). IMPORTANT: Sellers must have their automobile inspected before using the Gavel Platform. The automobile inspection is for quality control purposes ONLY. The electronic vehicle inspection report is ONLY to verify the accuracy of the listing. In addition, ONLY the information provided in the electronic vehicle inspection report as part of the listing has been verified. As such, Gavel offers no warranties or guarantees for any vehicle purchased using the Gavel Platform.

Gavel Plus Charges: For Sellers that choose the Gavel Plus Service for their vehicle, and accepts the offer of a Buyer from the Gavel Platform, the Seller will pay to Gavel Technologies Corp., a two-percent (2%) Platform Fee not to exceed $999.00 (US dollars), based on the final gross selling price of the vehicle. (The Platform Fee does not apply if the Seller accepts the “Sell it Now” offer, for details on accepting the “Sell it Now” offer, please see below) (THIS FEE IS WAIVED FOR THE FIRST 100 SELLERS TO LIST THEIR VEHICLE USING THE GAVEL PLUS SERVICE). This fee will be charged to the credit card provided by the Seller. In addition, Sellers will be required to pay a missed inspection fee of $150.00 (US dollars) ONLY if they miss their scheduled inspection time. If after the vehicle inspection the Seller decides to cancel the listing, there is a cancellation fee. Please see the Cancellation Policy below for more details.

Sell it Now Charge : If a Seller accepts the “Sell it Now” price generated from the Vehicle Inspection Report, the Seller will be required to pay $199.00 (US dollars) to Gavel. This fee will ONLY be owed to Gavel if the Seller accepts the “Sell it Now” price, and will be charged to the credit card provided by the Seller.

Buyer Services and Charges

Buyer Services: Gavel provides Buyers with a platform to bid on listed used vehicles for Sale. In addition, if the Seller wishes to lease or purchase a new or used vehicle, Buyers will be notified, and where possible, be provided with the specifications a Seller has provided in regards to the particular vehicle the Seller wishes to lease or purchase. PLEASE NOTE: Buyers are required to be licensed (issued by each State) auto-dealers in order to sign up for the Gavel Services as a Buyer. Buyers are required and responsible to do any necessary paperwork or State filing for any transaction resulting from the lawful use of Gavel’s Platform. The Selling of a used vehicle from a Seller to a Buyer using the Gavel Platform constitutes a separate binding legal agreement between ONLY the Seller and Buyer, no third-party beneficiary. As such, Gavel encourages Buyers to conduct their own inspection before purchasing a vehicle listed on the Gavel Platform. Gavel bears no responsibility, and disclaims all liability for any damages, losses, or cause of action arising out of this transaction. In addition, Buyers should read their Buyer agreement with Gavel for any additional services.

Buyer Charges : Buyers should read their specific Buyer agreement for specific charges they agree to pay Gavel for any purchase the Buyer makes of a used vehicle listed on the Gavel platform.

Inspection Charges and Details

Inspection Charges : Sellers must have their vehicle inspected before it can be listed on the Gavel Platform. The inspection will verify the details of the listing and provide an inspection report for interested Buyers. Sellers agree to pay a missed inspection fee of $125.00 (US dollars) if the Seller misses their inspection appointment by more than 15-minutes or denies their vehicle inspection once the inspector is on-site. The credit card provided by Seller will be charged and the missed inspection fee will be assessed ONLY if the Seller is a no-show by more than 15-minutes for their scheduled vehicle inspection appointment, or denies their vehicle inspection once the inspector is on-site. IMPORTANT: The automobile inspection is for quality control purposes ONLY. The electronic vehicle inspection report is ONLY to verify the accuracy of the listing and Seller’s information. In addition, ONLY the information provided in the electronic vehicle inspection report as part of the listing has been verified. As such, Gavel offers no warranties or guarantees for any vehicle listed on the Gavel Platform.

Cancellation Policy

The purchase of a used vehicle listed on the Gavel Platform from a Buyer using the Gavel Platform is a separate and binding agreement between the Buyer and Seller. As such, if there is no transaction there is no fee owed from the Buyer to Gavel for services provided on the Gavel Platform. If there is a cancellation of such a transaction, Gavel reserves the right to access any Buyer and Seller records necessary to verify that such a transaction did not take place. Buyers should read their specific Buyer agreement for more information on such records. In addition, if after the inspection the Seller decides to cancel their listing there will be a Cancellation Fee of $149.00 (US dollars) for Gavel, and $199.00 (US dollars) for Gavel Plus assessed to the credit card provided by the Seller upon scheduling their inspection appointment. This Cancellation Fee will be assessed only after the Seller’s vehicle has been inspected and after the Seller has cancelled their listing on the Gavel Platform.

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