• All buyers must register prior to bidding on a vehicle.
• All units purchased must be test driven within 30 minutes & paid for within 45 minutes.
• Outside sales must be consummated through the auction. All outside sales will be "AS IS" and will not be subject to arbitration.
• Seller has up to 30 days to deliver a title on a title attached unit. Buyer is cautioned not to sell or spend money on any unit until the title is received.
• Buyer is responsible for verifying serial number, model, year, and mileage reading on purchases before leaving the sale. No vehicle will be offered for sale with VIN plate not intact.
• It is the seller's obligation to correct any error made by the auction as to announced conditions. It is the responsibility of the buyer to watch lights and listen to announced conditions. All police cars, taxicabs, municipal cars, fire cars, flood cars, clips, salvage cars, reconstructed cars, motorcycles, boats, and trailers must be sold under red light. The seller must announce these.
• The auction does not guarantee the year of anything sold at the house including any house trailer, motor home, boat, boat motor, antique, dune buggy, or motorcycle. Satisfy yourself before settlement, as the auction will not become involved in any subsequent dispute.
• Any person found tampering with or removing equipment from vehicles will be subject to suspension from sale. Dealers will be held responsible for the actions of their employees and agents.
• For safety, an adult must accompany all children. Those who do not have a valid driver's license are considered children. All children 8 years and under are to be within arms length of parent or guardian at all times.
• Speed limit on the premises is 10 mph at all times. Always be cautious and observe other drivers.
• All vehicles must have a gate pass to exit the premises. These passes may be obtained in the office. It is the dealer's responsibility to provide his drivers with the gate passes when they pick up units.
• Salvage, Previous Salvage, & Insurance title must be revealed to the auction so they can be announced.
• AFTER PAYMENT IS MADE ALL SALES AND ARBITRATION IS FINAL.

The above auction rules for subject to change without notice.

• Outside sales are "AS IS"!
• Vehicle Bid Price of $3000 and under are sold AS IS and are not subject to arbitration.
• All diesels are sold "AS IS". Diesel engines are not announced, so be aware of what you purchase.

• Green Light: Ride & drive if $3050.00 or more.
• Red Light: "AS IS" NO EXCEPTIONS
• Yellow Light: Caution
• Blue Light: Title Announcement
• NO Light: Regular policy applies.
• Note: Watch the lights between auctioneer and clerk, and learn their meaning. Listen to all announcements made by the auctioneer pertaining to each vehicle.
• Airbag Light On without an announcement.

NO arbitration or rejection on the following:

• Obvious visible defects
• Windshield or windows
• Factory options or accessories, emission lights.
• Heater, air conditioning, cruise control, and computers
• Play in driveline (all units) unless accompanied by additional related defects.
• Oil leaks, transmission leaks, and blow-by (exception: transmission, front seal, and rear mains)
• Catalytic converters or damaged filler necks
• Power steering (unless declared unsafe)
• CV joints boots.
• Front struts and shocks
• EV or Hybrid vehicles
• Any single item that cost less than $500.00 to repair.

• Frame damage or frame repairs that were not announced. Coverage responsibility of such shall rest with the seller.
• Seller guarantees vehicles against cracked blocks and frame damage for a period of 72 hours after purchase.
• Motor, transmission, clutch and rear-end.
• Pulling parts on front wheel drive and 4-wheel drive units.
• Nonstandard engine or transmission or major exceptions for items deleted or added (example: Diesel changeover must be announced).
• Broken, replaced, or altered odometers that were not announced
• After any accepted adjustment, the unit automatically becomes an "AS IS" deal with NO FURTHER ARBITRATION.
• The decision of auction management shall be final in all disputes.
• Engine misfire is automatic turn down unless announced.

Platform: Auction Streaming – SimCasts Online Bidding System

1. Eligibility to Bid

• All bidders must be at least 18 years of age and possess a valid driver's license.
• Public bidders are permitted with approved registration and deposit.
• No dealer licenses are required for Public SimCasts events.

2. Registration Requirements

• Bidders must complete online registration, verify identity, and maintain a valid email, phone number, and payment method on file.
• A $500 refundable deposit is required before approval to bid online.
• Deposits may be made by credit/debit card, ACH, preapproved check or cash at the auction office.
• The deposit authorizes Jonesboro Auto Auction to charge the card for auction purchases and applicable fees.

3. Bidding Rules

• Bids placed online through SimCasts are legally binding offers to purchase.
• The highest bid at the fall of the hammer constitutes a sale and a binding contract between buyer and seller. There are 'IF' negotiations available with prior approval.
• The auctioneer reserves the right to reject bids, re-open bidding, or remove vehicles at any time.

4. Payment Terms

• Payment in full is due within 24 hours of auction close.
• Accepted payment methods include:
  • Cash
  • Certified/Cashier's Check
  • Preapproved Check
  • Bank Wire/ACH
  • Credit or Debit Card (3% processing fee applies)
• Titles and vehicles will not be released until full payment clears.
• A $50 per day storage fee applies after 5 business days if the vehicle is not picked up.

5. Buyer's Fees

• Buyer's premium or auction fees will be announced presale or posted online.
• Sales tax is charged according to the laws of the state where the buyer resides.

6. Default & Remedies

If payment is not received within the stated timeframe or the buyer fails to complete the purchase:

• The $500 deposit is forfeited to cover administrative and relisting costs.
• The vehicle will be resold at a later auction. The defaulting buyer is responsible for:
  • Any resale deficiency
  • Relist fees ($200 minimum)
  • All collection costs
• The buyer's bidding account will be suspended until all charges are satisfied.
• All sales are AS-IS, WHERE-IS, with no warranties expressed or implied.

7. Title & Vehicle Pickup

• Titles are mailed or available for pickup after funds have been fully cleared.
• Vehicles must be removed within 5 business days unless arrangements are made in writing.

8. Dispute Resolution

• The auctioneer's decision is final in all disputes.
• Arkansas law governs all transactions.
• Venue for any legal action is Craighead County, Arkansas.

9. Agreement

By registering and placing bids on SimCasts, the buyer acknowledges and agrees to all terms listed above. The buyer authorizes Jonesboro Auto Auction to charge any unpaid balances, fees, or deposits in accordance with these terms.