Green Light – “With Drive”
Vehicle is sold with a test drive and is represented by the seller to be mechanically sound. Seller represents that there are no “Mandatory Announcements” or “Vehicle Defect Announcements” (see “Required Announcements” policy section). Visible defects are not required announcements with exception of current calendar year and newer models.
Yellow Light – “Caution-Announcement”
The “Yellow light” is used to declare major mechanical/vehicle/document defects as outlined in the “Required Announcements” policy section. These defects are subject to arbitration if not announced. It is the obligation of the seller to make sure all announcements appear on the Bill of Sale prior to being signed by the buyer and that the auctioneer used the proper light(s) at the time of sale.
Red Light – “As Is”
Vehicles sold with the “Red light” are sold unconditionally in terms of physical and mechanical defects with the exception of title and mileage discrepancies (as outlined in the “Required Announcements: Mandatory Announcements” policy section). “Mandatory Announcements” must be made even if selling under the “Red light”. These vehicles are sold without the drive and must be settled for immediately.
All cars sold for $2,500.00 or less, or declared “As Is” are automatically sold with the “Red light”.
Antique cars, recreation vehicles (except motor home’s engine, rear end, and transmission only), boats and motors, heavy equipment, and miscellaneous items are also sold with the “Red light”.
White Light – “Title Attached”
Any seller not having proper paperwork to transfer title at the time of sale must sell “Title Attached”. The title must be received by the auction from seller within 14 calendar days otherwise the buyer has the right to cancel the sale. For more information on “Title Attached” procedures, refer to the auction’s General Policies.