***FOR DEALER-ONLY AUCTIONS*** DEALERSHIP NAME AND CITY-ASSIGNED DEALER NUMBER MUST BE ENTERED IN REGISTRATION BOX ABOVE TO HAVE ONLINE BIDDING ACTIVATED! Call (901)674-4893 if you have any questions about this. Please carefully read & understand ALL Terms & Conditions. If you are not completely certain that you understand any part of this, PLEASE DON'T BID until you contact us for further clarification at ventureauctions@gmail.com. All Items are sold AS-IS, with no warranties, expressed or implied, except as to ownership of the items to be sold. Item listings, information, and/or descriptions provided to the bidder by Venture Auctions or The City of Memphis is deemed reliable, but not warranted, and is intended as a guide only. Bidders should inspect auction items carefully, and bid accordingly. Bidder agrees not to base a bid solely on information provided by Venture Auctions or The City of Memphis. No effort has been made by the City of Memphis or Venture Auctions to inspect or verify the condition, mechanical or otherwise, of any vehicle on this auction. Many vehicles could potentially run and drive; some vehicles will not. Some vehicles will have keys provided to the purchaser; many vehicles will not. Bidders should bid accordingly. Per City of Memphis ordinance, non-licensed Individual buyers may only purchase up to 6 vehicles at the impound per calendar year. Once a buyer meets the 6-car limit, bidding privileges at all City of Memphis Impound Auctions will be suspended until January 1 of the following calendar year. If a buyer exceeds the 6-car limit during an auction, all sales after the sixth purchase wil be nullified. The City of Memphis Impound operates in Shelby County, Tennessee. Purchasers from outside Shelby County, Tennessee bear the sole responsibilty to be knowledgeable of any applicable motor vehicle documents and/or titling processes and requirements that could affect the transfer of a motor vehicle from the City of Memphis to an individual or business located anywhere outside of Shelby County, Tennessee. Purchasers of motor vehicles at the Memphis Impound Auction will recieve a Paid-in-Full invoice from Venture Auctions, and a Bill-of-Sale/Odometer Statement from the City of Memphis. These documents are wholly sufficient for titling purposes in Shelby County, Tennessee, as defined by state and local regulations. No further documents will be offered by the City of Memphis and/or Venture Auctions. Examples of Memphis Impound Vehicle purchase paperwork will be made available to Registered Bidders upon request. Full Settlement must be made Day of Sale. All purchases must be paid for within one hour of close of auction. NO EXCEPTIONS. Buyers may pay in-person, with cash, credit card, or certified funds, until 2pm CST on day of auction ONLY. In-person payments are recieved at the Venture Auctions trailer, located at the Memphis Impound. After 2pm CST, all remaining balances will be charged to buyer's credit card on file as entered at registration. ANY declined credit card transaction WILL result in an immediate ban for that bidder from attending or participating in ANY future Venture Auctions live, online, and webcast auctions. NO EXCEPTIONS. 10% Buyers Premium applies to all purchases. An additional 3% convenience fee applies to all credit card payments. The City of Memphis reserves the right to add, delete, or alter any item prior to the opening of live/webcast bidding. Prebids will not be recognized on any vehicle/item that is removed from auction prior to opening of live/webcast bidding. Auction items left on City of Memphis property after the auction are the sole responsibility of the buyer. Neither Venture Auctions nor the City of Memphis will recognize any claims for theft, damage, or loss once the item has been awarded. In the event of a tie-bid between online bidders, the tie goes to the first bid recieved. In the event of a tie-bid between any online bid and any live bidder during the live webcast auction, the tie goes to the onsite bidder. Auctioneer's decision is final and binding on all parties in the event of any dispute. Bidder's acknowledgement of this stipulation and consent to abide by it, and all other terms & conditions of this sale, are implied by bidder's decision to register for and participate in the auction, and expressed by bidder's acknowledgement and acceptance of these terms and conditions at the time of registration. Announcements on day of auction take precedence over any printed or previous information.

Wednesday, June 3, 2020 at 9:00am CST Live Auction - Webcast - Salvage Vehicles - Dealers ONLY This auction is limited to Salvage vehicles only, and ONLY currently registered and licensed Dealers may bid. Only ONE attendee per registration allowed at preview and live auction. Proper Dealer identification required for entry to preview or auction. Dealers must display Dealer ID badge at all times on impound lot property. Wearing of masks AND proper social distancing are MANDATORY at all times. Those who do not follow strict distancing and saftey guidelines will be removed from the lot, and will be suspended from all future live auctions until all guidelines and restrictions are removed. Vehicles may be previewed on Tuesday, June 2, from 12-3pm ONLY. Active Dealer registration number and current license required to enter lot. No more than 10 Bidders will be allowed on lot at a time. Maximum preview time on lot is 30 minutes per individual. Only ONE individual per registration allowed for preview.