DREAM CAR 2024 LLC

Vehicle Purchase & Auction Brokerage Agreement

Vehicle sourcing and auction purchase services in the United States.

General Terms

The Client intends to purchase a vehicle through a U.S. auction platform, and the Broker agrees to assist in this process under the terms and conditions set forth in this Agreement.

This Agreement establishes the terms under which the Broker will provide vehicle sourcing and auction purchase assistance services on behalf of the Client.

Broker Responsibilities and Obligations

The Broker agrees to organize and manage the vehicle purchase process in accordance with the Client’s preferences and requirements.

Prior to participating in any auction, the Broker must obtain the Client’s written approval of the maximum bid amount.

The Broker shall not be held liable for the technical condition of the vehicle if the auction listing contains inaccurate or incomplete information. All vehicles are purchased based solely on the auction listing description and sold “green light” unless otherwise specified by the auction.

If major mechanical issues are discovered within five (5) days after the vehicle is physically removed from the auction yard, and such issues were not disclosed in the auction listing, the Broker will assist the Client in initiating a vehicle return process with the auction, where applicable.

  • The vehicle’s technical condition as stated in the auction report.
  • The vehicle history report, including Carfax when available.
  • The Broker’s service fee.
  • Any other applicable transaction terms.

Claims After Delivery

After the vehicle has been delivered to the Client and any of the required delivery, service completion, or financing documents have been signed, no further claims or complaints shall be accepted by the Broker.

The Broker may offer the Client optional additional warranty coverage available for purchase through the dealership financing contract.

Broker Is Not Responsible For

  • Hidden defects, mechanical failures, or damages discovered after delivery of the vehicle to the Client.
  • Actions or omissions of third parties, including auction houses, transportation companies, or insurance providers.
  • Delays in vehicle delivery caused by circumstances beyond the Broker’s control.
  • Delays or denials in vehicle registration caused by missing documentation from the Client or actions of the registering authority.
  • Delays related to title issuance by the auction, including situations where the title is unavailable or marked as “Title Absent” at the time of purchase. In some cases, title processing may take up to four (4) weeks or longer.

Financing and Dealer Contract

The Broker may assist the Client in obtaining financing for the purchased vehicle through a licensed dealership.

The financing contract amount may include the vehicle purchase price, auction fees, state taxes, registration services, government filing fees, vehicle inspection, dealer maintenance, and dealer fees.

Client Responsibilities and Payment Terms

The Client agrees to provide the Broker with all necessary vehicle selection criteria, preferences, and requirements.

The Client shall submit an initial payment of $1,000 USD to confirm the start of the vehicle sourcing process, auction participation, and, if applicable, submission of financing applications.

This payment must be made prior to the commencement of services or after the Broker provides three (3) suitable vehicle options, depending on the parties’ initial agreement.

If the vehicle is purchased with cash, the Client or the Client’s bank must pay the full vehicle purchase amount within two (2) business days after winning the auction.

If the Client refuses to complete the purchase of a winning auction vehicle, the initial $1,000 USD payment shall be non-refundable and retained by the Broker as compensation.

If the bank denies financing approval to the Client, fifty percent (50%) of the initial payment, equal to $500 USD, shall be refunded to the Client.

Auction Purchase Risks

The terms of this Agreement become effective immediately upon receipt of the $1,000 USD payment by the Broker.

The Client acknowledges and agrees that all vehicles are purchased in “AS IS” condition.

The Client confirms that they fully understand and accept all risks associated with purchasing a vehicle at auction, regardless of whether a preliminary physical inspection was performed.

The Client understands that the Broker does not guarantee the technical condition, appearance, or functionality of the vehicle beyond the information provided in the auction report or Carfax report.

DREAM CARS — Vehicle Sourcing Process

  • Consultation — we communicate with the Client to determine goals, budget, preferred vehicle type, desired options, and trim level.
  • Confirmation of intent — the Client submits the initial deposit of $1,000 USD to confirm the order and the process begins.
  • Vehicle search and analysis — we source vehicles from dealership inventory, dealer-only platforms, and auction platforms.
  • Financing pre-approval — we assist with preliminary financing approval and available monthly payment options.
  • Vehicle purchase — we either sell a vehicle from our inventory or purchase the selected vehicle through auction.
  • Transaction finalization — execution of required documents including Bill of Sale, Buyer’s Order, Finance Agreement, registration, and insurance documentation.
  • Vehicle delivery or pickup — we provide transportation partner contact information or schedule in-person pickup from our lot.
  • Final support — we deliver vehicle documentation, provide photo and video reports, and invite the Client to leave feedback.

Broker Information

DREAM CAR 2024 LLC

150 S Bryan Rd Apt 127, Dania Beach, FL 33004, USA

Phone: +1 (786) 833-0879

Phone: +1 (786) 812-0808