Vehicle Sale Policy and Procedures
See Also:
Payment
General Terms and Conditions
Policies Home
Vehicle Sales Home
Vehicle Listing
Procedures
- Vehicle Posting. All vehicles will be posted at the MSU Surplus Store in list format located by the register. Postings will include a brief description and sale price. The vehicle listing posted on this web site is not guaranteed to be complete due to time constraints.
- New vehicles and pricing changes will be posted every Tuesday at 7:45 am.
- Web page listing of vehicles will be updated following the morning rush of customers.
- Vehicle Pricing. Initial vehicle pricing is based on NADA trade-in and loan values. Prices are non-negotiable. Price reductions on unsold vehicles will be posted after an undisclosed period of time dependent on market value, condition and current vehicle inventory.
- Holds. Vehicles may be placed on hold for 24 hours. Only one vehicle per customer may be placed on hold. Holds may not be placed on vehicles until they are posted.
- Test Drives and Inspections. Vehicles may be test driven during regular business hours. Vehicles on hold may not be test driven until hold has expired. Test drives are limited to 15 minutes and must be accompanied by a representative from the MSU Surplus Store. A valid Michigan driver's license must also be presented.
- Vehicle Condition. A disclaimer of warranty is provided in the General Terms and Conditions. For purposes of sale, vehicles are being sold by Michigan State University and originating department ownership will not be revealed. Mechanic inspections must occur at the MSU Surplus Store facility.
- Vehicle Purchasing. Vehicles are sold on a first come, first served basis with respect to "holds" as described above.
- In the event of mutual interest at the same time, vehicles will be sold through verbal auction. In-store purchases take precedence over online sales occurring at the same time.
- Sale Cancellation. Any vehicle may be removed from the sale process if it is determined to be in the best interest of MSU.
Vehicle Sale Terms and Conditions
The following terms and conditions are to be used in conjunction with our General Terms and Conditions:
- All vehicle sales require completion of the Vehicle Sales Receipt by both the Buyer (Buyer signature required) and MSU Surplus Store.
- All vehicles must be removed from MSU property within 24 hours of sale completion. Failure to remove the vehicle will result in daily storage charges. All storage charges must be paid in full prior to removal of sold vehicle.
- At the time of completion of the Vehicle Sale, Buyer will be provided with the Buyer's Guide document for the specific vehicle, a generic copy of this form is available in PDF version at the following link: Buyer's Guide.
- Under no circumstances does MSU Surplus Store warrant sale vehicles. Buyer is responsible for all costs of all repairs and maintenance the vehicle requires. MSU assumes no responsibility for any repairs regardless of any oral statements made about the vehicle.
- By virtue of payment, Buyer acknowledges that they have been provided the opportunity, prior to completion of the Vehicle Sale, to have a pre-purchase inspection of the vehicle by a mechanic of Buyer’s choice on the MSU lot where the vehicle is housed.
- Buyer acknowledges that prior to completion of the Vehicle Sale, and following completion and signature of the Vehicle Test Drive Agreement, Buyer has the option to test drive the vehicle. Buyer may only test drive the vehicle if Buyer is able to provide proof of a valid State of Michigan driver’s license. Buyer acknowledges that they have the option to test drive the vehicle.
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