GM Vault Bidder Agreement.

All bids are legally binding. The winning bidder agrees to complete the purchase on the terms stated in the listing.

All vehicles on GM Vault are offered and sold strictly on an "AS-IS, WHERE-IS" basis, with all faults and without warranty of any kind, express or implied. Sellers describe and promote their vehicles to the best of their knowledge; GM Vault does not independently inspect, verify, or guarantee the condition, mechanical integrity, mileage, or title status of any listing.

• Vehicle inspection is the bidder's sole responsibility. Bidders are encouraged to travel to the vehicle in person, send a representative, or commission a third-party pre-purchase inspection before bidding.
• Bidders are responsible for arranging their own pickup or transport — including driving the vehicle home or dispatching a trailer or carrier of their choice — and for any associated costs and risk.
• All questions about the vehicle must be asked and resolved before placing a bid.
• Placing a bid confirms that the bidder has had a full and fair opportunity to inspect the vehicle and accepts it in its existing condition as of the close of auction.
• Bids cannot be withdrawn except in extraordinary, documented circumstances.

GM Vault charges a 5% buyer's premium on the final sale price, automatically billed to the payment method on file. The full sale price is paid directly to the seller.

• Winning bidder must contact the seller within 24 hours of auction close.
• Buyer's premium is charged immediately upon win.
• The balance owed to the seller must be paid in full within the timeframe agreed with the seller (typically 7 days).

If the winning bidder fails to complete the purchase, GM Vault may retain the buyer's premium, suspend the account, permanently ban the bidder, and pursue any other remedies available at law.

For 12 months following an introduction made through GM Vault, buyers and sellers agree not to bypass the platform to avoid fees. Violations result in liquidated damages equal to the fees that would have been owed, plus account termination.