The following terms of sale apply to all of our online sales.
Cash (in person), certified check, bank transfers, or 3rd-party financing. All funds must be in US dollars only. Please be sure to have full payment and/or approved financing in place before making your final bid. Call us for more information.
The successful high bidder will submit a $2,500 non-refundable deposit deposit within 2 business days of the close of the auction to secure the vehicle.
Payment of Balance Due
The buyer agrees to pay remaining balance due (plus applicable fees and taxes) within 5 days of the close of the auction. All financial transactions must be completed before delivery of the vehicle.
Additional Fees and Taxes
Additional purchase fees for all retail buyers include: $150 Documentary Fee, $5 E-Tag fee, and Vehicle Inventory Tax of 0.2225% of the sale price (e.g. Sale Price - $10,000 @ 0.002225 = $22.25).
All Texas Residents are also subject to a 6.25% Texas Sales Tax and state fees (LICENSE + REGISTRATION, and INSPECTION). Out of state buyers are responsible for all state, county, city taxes and fees, as well as title/registration fees in the state that the vehicle will be registered.
The buyer is responsible for all shipping charges. We will assist the buyer with finding a shipping company -
call us at 281-497-1000 for more information.
We assume no responsibility for damages incurred after leaving our premises.
If the vehicle is going to be shipped, full payment must be received before the vehicle is delivered to the shipping company.
Every effort has been made to accurately and fairly describe this vehicle to you. Driver Source has tried to disclose all information known about this
vehicle for auction. Please be advised that used vehicles will have typical scratches and dings inherent for their year and mechanical parts are subject to
fail. Driver Source welcomes and recommends a buyer's inspection. If you plan to have a buyers inspection, please make sure you inspect the vehicle
prior to the auction ending. Buyer is responsible for any inspection charges and fees.
Unless otherwise stated in the vehicle description, this vehicle is being sold "as is". No representations or warranties are made by seller, nor are any representations or
warranties relied upon by bidders in making bids. Manufacturer's warranties may still apply. Extended warranties may be
available; please contact us for details.
Notice to Bidders
We reserve the right to cancel all bids and end an auction early should the vehicle no longer be available for sale.
Bid retractions are not allowed nor will be recognized within 12 hours of auctions end.
Seller will not be obligated to sell in the event of a late retraction.
Negative Feedback Bidders
We do not allow bidding from negative feedback bidders. New bidders with zero feedback rating should email us or call us prior to bidding.
The winning bidder will be contacted via email after the auction closes or he/she must contact Driver Source within 24 hours to proceed with payment and delivery arrangements.
If the deposit is not received within 2 business days of the close of auction or if the balance is not paid in full within
5 days following the close of auction, we reserve the right to re-list the vehicle or sell the vehicle to the next highest bidder or another qualified buyer.