Conditions of Sale

Antique / Estate Auction Terms & Conditions of Sale

Sales Tax

As required by Nevada state statute, sales tax is charged on the total of the bid price plus the Buyer’s Premium, unless the purchaser provides valid proof of exemption at checkout. No claims of exemption will be accepted at checkout. Buyers unable to provide valid exemption documentation must pay sales tax and may later seek a refund directly from the State of Nevada.

Buyer’s Premium

A Buyer’s Premium will be added to all purchases as follows:

Bidder Registration

All bidders must register with a valid credit or debit card and be ID-verified prior to bidding. By registering, bidders acknowledge and agree to all Lightning Auctions terms and conditions.

Accepted Payments

We accept Cash, Cashier’s Check, Money Order, Visa, and MasterCard. All purchases must be paid in full prior to removal. A paid receipt from Lightning Auctions is required for pickup.

Item Removal & Responsibility

Lightning Auctions is not responsible for preview or removal. All items must be removed by the posted deadline.

If items are not removed or paid for within 7 days after the auction ends, the bidder’s registered card will automatically be charged for the full invoice amount.

If items remain unclaimed after payment is processed, no refunds will be issued, and the items will be considered abandoned.

If a credit card cannot be processed due to insufficient funds or declined authorization, the buyer remains fully responsible for the total amount due. Lightning Auctions reserves the right to pursue legal action and collection for any unpaid invoices or refused payments.

All items are sold “AS IS, WHERE IS” without warranties or guarantees of any kind. Buyers are responsible for loading, removal, packing materials, and transport.

If a customer is unable to load, Lightning Auctions staff may assist, but the company is not responsible for any broken items, vehicle damage, or other loss that may occur during the loading process.

Any discrepancies must be reported at the time of removal — no exceptions.

Photos & Descriptions

All photos and item descriptions are the property of Lightning Auctions Inc. and may not be reproduced or reused without written permission. All items not removed by the deadline will be considered abandoned and may be disposed of or resold at Lightning Auctions’ discretion.

Legal Agreement

By placing a bid, you are entering into a legally binding contract and agree to complete your purchase if you win. Bidders expressly agree not to stop payment, dispute, or contest this transaction.

Lightning Auctions and its consignors reserve the right to remove items from sale at any time.

Storage & Abandonment Policy

Due to limited space, all items must be paid for and removed within 3 business days following the auction. Business hours: Monday – Friday, 8:30 AM to 5:00 PM (Closed on Thursdays and for lunch from 12:00 PM – 12:30 PM).

If items are not picked up within 10 days, they will be considered abandoned, and payment will be forfeited. No refunds will be issued.

Buyers may authorize another person to pick up their purchases. If special arrangements are needed, reply to your emailed invoice to request an alternate pickup date before the deadline.

Invoice & Notifications

Lightning Auctions will send an invoice as a courtesy to each winning bidder on the day following the end of the auction. All emailed invoices are sent as a courtesy only, and it is the buyer’s responsibility to check and confirm whether they are the winning bidder and to follow through with the purchase terms as stated.

Unsold Lots

Unsold lots are subject to the same terms as winning lots and will be considered abandoned if not removed or claimed within 10 days. Lightning Auctions may dispose of or resell unsold items at its discretion.

Condition & Authenticity

Lightning Auctions Inc. makes no guarantees or warranties, expressed or implied, regarding:

Buyers must rely solely on their own inspection and judgment when bidding. All sales are final. No returns or refunds.

Payment & Settlement

All purchases must be paid for the day of sale, unless otherwise specified. Returned checks are subject to a $15 handling fee. No items may be removed until full payment is received.

Loading Assistance

If you require loading assistance, please call ahead so staff can plan accordingly. Lightning Auctions is not responsible for any damage or loss that occurs during the loading or removal process.

Bidding Disputes & Auctioneer Rights

All sales records and recordings are final and conclusive. Buyers are responsible for their purchases immediately upon being declared the winning bidder.

Liability

Lightning Auctions Inc. is not responsible for accidents on the premises. All persons attending preview, sale, or removal assume full responsibility for their own safety and property.


LIGHTNING AUCTIONS INC. — Auto Auction Terms & Conditions of Sale (Online)

Updated November 05, 2025

NOTICE By registering to bid, you enter a binding purchase contract and agree to all terms below.

Preview Location

2021 Glendale Ave., Sparks, NV

Preview

Friday & Saturday before auction close

Pickup (Appt. Only)

Mon–Wed following auction

Buyer’s Premium

10% (Cash/Check), 13% (Credit/Debit)

Fees

Doc $349.50 · Title $28.50 · Smog $29.50* · Diesel $99.00*

Sales Tax

8.265% (Washoe County)

By registering to bid in any Lightning Auctions Inc. online auto auction, you are entering into a binding legal contract agreeing to the following Terms & Conditions. Registration constitutes acknowledgment and acceptance of all terms below.

1. General

All bidders must register online and provide complete, accurate identification prior to bidding. Lightning Auctions Inc. is required by Nevada law to collect state sales tax (8.265%), unless a valid resale or dealer exemption is on file before registration. Dealer licenses and resale certificates must be on file prior to auction closing. Once registered, tax status cannot be amended. Lightning Auctions Inc. is a licensed Nevada car dealer (#397) and operates in compliance with Nevada DMV regulations. All vehicles sold to Nevada residents will be processed with a Dealer Report of Sale (DRS) and receive a temporary 30-day placard upon full payment. Titles are submitted to the Carson City DMV; new titles are mailed by the DMV within 4–8 weeks of registration.

2. Vehicle Condition & Description

All vehicles are sold AS-IS, WHERE-IS, without any warranty—expressed or implied—including merchantability or fitness for a particular purpose. Descriptions, photos, and condition reports are provided for convenience only and are not guaranteed. It is the bidder’s responsibility to inspect vehicles in person during scheduled preview hours before placing bids. Lightning Auctions Inc. makes no guarantees regarding accuracy of odometer readings, options, or running condition.

3. Online Bidding & Contract Agreement

By clicking “Register to Bid,” “Agree,” or placing a bid, you are entering into a binding purchase contract with Lightning Auctions Inc. Bids cannot be retracted or canceled once placed. Winning bidders are legally obligated to complete payment and pickup within the stated time frame. Failure to pay or pick up will result in forfeiture of deposit, possible resell, and liability for losses or fees incurred by Lightning Auctions.

4. Payment Terms

A non-refundable deposit of 10% or $500.00 (whichever is greater) is automatically due upon auction close. Final payment must be completed by 5:00 PM Tuesday following auction close. Accepted forms of payment: Cash, Cashier’s Check, Visa, MasterCard, or Debit Card. Failure to complete payment by the deadline results in forfeiture of deposit and possible bidding suspension.

5. Buyer’s Premium

10% Buyer’s Premium for Cash or Check; 13% Buyer’s Premium for Credit or Debit Card. Buyer’s Premium is subject to applicable sales tax.

6. Fees

Document Fee: $349.50 (non-refundable). Title Fee: $28.50 per vehicle. Smog Fee: $29.50 if applicable. Diesel Emission Fee: $99.00 if applicable. Sales Tax: 8.265% (Washoe County) applied per law. Paperwork will be completed by scheduled appointment only.

7. Preview & Pickup

Preview Location: 2021 Glendale Ave., Sparks, NV. Preview and inspection available Friday & Saturday before auction close. Pickup Hours (By Appointment Only): Monday–Wednesday following auction. All vehicles must be paid in full and removed by the end of Wednesday. Late pickups may incur storage fees or forfeiture.

8. Emissions Notice (NRS 445B.770)

Consignment auctions and consignees are not required to obtain emissions inspections or tests as required by NRS 445B.770. It is the buyer’s responsibility to complete any required emissions inspection prior to registration.

9. Notice to Buyers

All vehicles are sold AS-IS, WHERE-IS, with no warranties expressed or implied. Lightning Auctions Inc. is not responsible for errors or omissions in listings. All sales are final, and all fees and taxes must be paid before vehicle release. Lightning Auctions is not responsible for loss, theft, or damage once the vehicle is sold; buyers are encouraged to insure their purchase immediately upon sale.

10. Default, Storage, & Forfeiture

Failure to pay or remove a vehicle within the stated time will result in loss of deposit, bidding suspension or account termination, and resale of the vehicle without further notice. Buyer is responsible for any resulting deficiency and associated costs.

11. Governing Law

These Terms & Conditions are governed by the laws of the State of Nevada, and any disputes shall be resolved in Washoe County, Nevada.

*Smog and Diesel Emission fees apply only if required by law or vehicle type.