Platform Terms

Terms & Conditions

Last updated: September 1, 2026 • Effective Date: January 1, 2026

Auction Marketplace Terms of Service

Welcome to Bidding Motors. By accessing or using our website, submitting bids, or listing vehicles for auction, you agree to be bound by these Terms & Conditions. Please read them carefully.

1. Bidding & Binding Commitments

All bids submitted on Bidding Motors represent legally binding contracts to purchase the listed vehicle at the bid amount if you are designated the winning bidder:

  • Bids cannot be canceled, retracted, or modified once confirmed.
  • If a bid is placed within the final 2 minutes of an auction, the clock extends by 2 minutes to prevent sniping.
  • Winning bidders must complete payment and vehicle collection within 5 business days of auction close.

2. KeySavvy Hold & Buyer Fees

To maintain marketplace integrity, all active bidders must have a verified payment method on file:

  • A temporary hold of 5% of your maximum bid (or minimum $500) may be placed on your payment card during active auctions.
  • If you do not win the auction, the temporary hold is automatically released within 24 hours.
  • The winning bidder pays a standard 5% buyer fee (minimum $250, capped at $5,000) upon successful auction completion.

3. Seller Responsibilities & Listing Accuracy

Sellers must provide accurate disclosures, high-resolution photos, valid VIN documentation, and transparent descriptions of vehicle condition. Failure to disclose major defects or title issues will result in auction cancellation and forfeiture of seller privileges.

4. Inspection & KeySavvy Protection

Bidding Motors partners with KeySavvy for secure transactions. Funds are held via KeySavvy until the buyer inspects and approves the vehicle title transfer, ensuring absolute security for both parties.

5. Disputes & Resolution

Any disputes regarding vehicle condition, title status, or shipping delays must be submitted to our Resolution Center within 48 hours of vehicle delivery.

Questions About Terms?

Contact our Legal Support team at info@biddingmotors.com