
SHOALS NORTH ALABAMA AUTO AUCTION
Post Sale INspection
Shoals North Alabama Auto Auction now offers Post Sale Inspection (PSI) as a tool for buyers to buy with confidence. The PSI is not part of the National Auto Auction Association (NAAA) Policy, but a separate service that ensures vehicles sold meet the guidelines set forth in the NAAA Policy. Vehicles purchased in lane or on Simulcast are eligible for a PSI. The fee for the inspection is $150.00 plus any additional fees for inspections completed at the request of the buyer.
Vehicle Qualifications:
Green Light (Ride and Drive) Vehicles 10 model years and newer with a sale price greater than $3,000.00 and less than $50,000.00, with an odometer reading less than 175,000 miles and no odometer discrepancies are eligible for a PSI.
PSI Guarantee
All items checked during the inspection period of the PSI are guaranteed to the buying dealer for 7 days after the sale, sale day being day 1. If any singular item or part that was inspected fails during the guarantee period and costs more than $600.00 to repair, the item will be replaced or repaired by Shoals North Alabama Auto Auction, up to $1200.00 maximum. Any repairs under $600.00 will be the responsibility of the buyer. Vehicles challenged for issues must have 100 miles or less accumulated on the odometer from date of inspection.
Terms and Conditions
The buyer is responsible for the PSI charge even if the vehicle fails inspection.
The purchase of a PSI is a guarantee solely to the buyer. The seller will still be held responsible for undisclosed defects consistent with the NAAA Policy.
PSI must be purchased on sale day within 1 hour of vehicle purchase.
The guarantees and provisions apply only to the original buyer of the PSI. The guarantee is void once the vehicle is re-sold. PSI guarantees cannot be transferred.
Seller’s vehicles with PSI pending shall not be considered finalized until the PSI report is completed.
All vehicles for inspection have to be turned in to Brandon Schultz or Barry Berryman in writing or email within the specified period or PSI is selected for online buyers.
Vehicle condition at the time of return must be the same or better as when purchased.
If a vehicle is returned under PSI guarantee, Shoals North Alabama Auto Auction will not reimburse for transportation, reconditioning, work/expense performed on the vehicle or lost profit from retail or wholesale transaction.
Repair cost is defined by Shoals North Alabama Auto Auction’s cost to repair.
If a vehicle is purchased online and the winning buyer does not purchase a PSI, the buyer has until 2:00PM the day after the sale to arbitrate if the vehicle meets arbitration eligibility requirements.
If a vehicle fails during the PSI inspection period and the buyer seeks a price adjustment, the vehicle would then go through Arbitration inspection which uses NAAA Arbitration Policy for reference.
Any vehicle exceeding 175,000 miles will not be eligible for PSI, but can be arbitrated if sold with proper announcement or selling light until 1 hour after the sale for in lane purchases or 2:00PM the day after the sale for online purchases.
PSI Inspection Checklist:
Odometer Verification
Engine function and Operation
Transmission Engages and Functions
4x4 System Engagement
Frame or Unibody Structure Check (Additional $75.00 for Frame/Unibody Inspection)
Exclusions to PSI
Any AS-IS Vehicle
Sale price is under $3,000.00 or greater than $50,000.00, regardless of selling light.
Vehicles with odometer greater than 175,000 miles, regardless of selling light.
Kit or Homemade Vehicles
Trailers
Performance or Modified Vehicles
Motorcycles
Recreational Vehicles
Watercraft and Boats
Antique Vehicles
Heavy Trucks and Equipment
Vehicles with Diesel engines
Mercedes Benz, Audi, BMW, Alfa Romeo, Porsche, Aston Martin, Bentley, Jaguar, Land Rover, etc. Do not qualify for PSI.
Vehicles with odometer discrepancies.