Effective Date: 01.01.2024

Welcome to Modainfo.com, the online auction platform for buying and selling cars, motorcycles, and other motor vehicles. By accessing or using our website and services, you agree to comply with the following terms and conditions. Please read them carefully before using our platform.

1. Acceptance of Terms

By using this website or participating in any auctions hosted on Modainfo.com, you agree to be bound by these Terms and Conditions, our Privacy Policy, and any other policies or rules applicable to specific services we offer. If you do not agree to these terms, please do not use our services.

2. Eligibility

You must be at least 18 years old and capable of entering into legally binding contracts to participate in any auction on this platform. By using our website, you represent and warrant that you meet these eligibility requirements.

3. Auction Process

  • Registration: To participate in an auction, you must create an account on our platform. You are responsible for maintaining the confidentiality of your account information and for all activities that occur under your account.
  • Bidding: Bidding on a vehicle is a legal commitment to purchase the item at the winning bid price, subject to the terms of the auction. You agree to pay the winning bid amount, any applicable taxes, and fees associated with the transaction.
  • Reserve Prices: Some listings may have a reserve price, which is the minimum price that must be met for the auction to be successfully completed. If the reserve price is not met, the auction may be canceled or extended.

4. Fees and Payments

  • Payment Methods: Payments for purchased vehicles must be made within 3 business days of the auction’s close. We accept bank transfer. Failure to make payment on time may result in penalties, cancellation of the sale, and potential suspension from the platform.
  • Taxes and Duties: You are responsible for paying all applicable taxes, registration fees, and import duties associated with the purchase, the delivery of the vehicle is free of charge.

5. Vehicle Listings

  • Accuracy of Information: Sellers must provide accurate and truthful information regarding the condition, history, and specifications of the vehicles listed for auction. However, Modainfo.com does not verify the accuracy of the information provided by sellers. Buyers are encouraged to perform their own due diligence before placing a bid.
  • Inspection: We recommend that buyers inspect the vehicles in person or hire a professional to assess the condition of the vehicle after the vehicle is received,

7. Prohibited Activities

You agree not to:

  • Engage in fraudulent bidding or bidding on behalf of someone else without proper authorization.
  • Manipulate or attempt to manipulate the auction process in any unfair way.
  • Use the platform to sell stolen or illegal vehicles.
  • Post any offensive, harmful, or defamatory content on the site.
  • Use the website to distribute viruses or malicious software.

8. Disputes and Cancellations

  • Bid Cancellation: Once a bid is placed, it is final and cannot be canceled unless otherwise specified by Modainfo. If a dispute arises, the winner is still required to pay the agreed amount unless both the buyer and seller mutually agree to cancel the transaction.
  • Dispute Resolution: In the event of a dispute between the buyer and seller, Modainfo will attempt to mediate the issue but is not responsible for resolving conflicts between parties. Any disputes that cannot be resolved informally may be subject to binding arbitration or other legal remedies.

9. Limitation of Liability

  • Auction Site Liability: [Auction Site Name] is not responsible for any damages, losses, or expenses incurred due to the use of the platform or the failure of any auction transaction. Our platform simply facilitates the bidding and sale process but does not act as an agent for either party.
  • Vehicle Condition: We do not provide any warranties or guarantees regarding the condition of any vehicle sold through our platform. All vehicles are sold “as-is,” unless otherwise stated.

10. Privacy and Data Protection

Your use of the platform is governed by our [Privacy Policy]. By using our website, you consent to the collection and use of your personal information as described in that policy.

11. Changes to Terms

We reserve the right to modify or update these Terms and Conditions at any time. Any changes will be posted on this page with an updated effective date. Continued use of the website after such changes constitutes acceptance of the revised terms.

12. Governing Law

These Terms and Conditions shall be governed by and construed in accordance with the laws of the State of Nevada, without regard to its conflict of law principles.