PSI Policy – Effective April 1, 2016

Vehicle Qualifications:

• Green/Blue light vehicles that are sold by a BSC America facility, whether in-lane, on Simulcast or OVE.com, are eligible for a PSI. Yellow light vehicles are eligible for a PSI excluding announced or cautionary items. Defects found that fall under warning light(s) on vehicle are not checked will not be cause to fail PSI. Red light vehicles over $3000.00 purchased on simulcast will be automatically charged for eng/trans/frame psi if offered by the seller.

PSI Inspection Checklist:

Vehicle Qualifications: Green/Blue light vehicles that are sold by a BSC America facility, whether in-lane, on Simulcast or OVE.com, are eligible for a PSI. Yellow light vehicles are eligible for a PSI excluding announced or cautionary items. Defects found that fall under warning light(s) on vehicle are not checked will not be cause to fail PSI. Red light vehicles over $3000.00 purchased on simulcast will be automatically charged for eng/trans/frame psi if offered by the seller.

– Odometer Verification
– Flood Inspection
– Transmission Engages & Functions
– Emission Control Equipment Present
– Engine Function & Operation
– Supplemental Restraint System/Airbags Check
– 4X4 System Engagement
– Frame or Unibody Structure Checked for Damage
– ABS/Brakes Function

PSI Guarantee:

  • Depending on the type of Post Sale Inspection selected, all items checked in the Post Sale Inspection are guaranteed to the buying dealer for 7 days after the sale.
  • If an item or part that was inspected fails during that period, the item will be replaced or repaired at BSC America’s option.
  • Vehicles challenged for issues must have 100 miles or less accumulated on the odometer between the time of inspection and the challenge date.
  • The Post Sale Inspection guarantee is not a buy-back policy but a guarantee of the operation and function of the items inspected for the length of the PSI purchased.

PSI Terms and Conditions:

  • The buyer is responsible for the PSI fee even if the vehicle fails inspection
  • Vehicles that pass the PSI and are later found to have arbitral items: The vehicle will be processed in the same manner as all other arbitrations. If the arbitral items found were missed on the PSI, BSC America will be responsible for the arbitration in discussions with the seller.
  • If a vehicle fails a Post-Sale Inspection and the buyer chooses to void the sale based on misrepresentations made as to the vehicle’s condition, the vehicle would enter the arbitration process.
  • Vehicle condition at the time of return must be the same or better as when purchased.
  • The following are not covered under the PSI policy:
    Hand-Built Exotic Vehicles (including but not limited to Aston Martin, Bentley, Bugatti, BMW 6 & 7 Series, Dodge Viper, Ferrari, LaForza, Lamborghini, Lotus, Maserati, Mazda RX7, Mazda RX8, Maybach, McLaren, Panoz, H1 Hummer, Rolls Royce, Land Rover, Jaguar, Porsche, Subaru WRX, Mitsubishi EVO, and 6.0 liter diesel engines)
    – Kit Vehicles*
    – Homemade or Specialty Vehicles*
    – Trailers*
    – Modified Vehicles*
    – Motorcycles*
    – Performance Modified Vehicles*
    – Watercraft*
    – Vehicles equipped with SMG*
    – Recreational Vehicles*
    – Hybrid vehicles*
    – Antiques (20 years or older)*
    – Commercial Vehicles over 16,000 GVW

  • BSC America reserves the right to limit the number of times a purchasing dealer may participate in this policy.
  • BSC America reserves the right to modify, alter, discontinue or terminate this policy at any time for any reason whatsoever, with or without notice.

*Kit, trailers, motorcycles, watercraft, recreational, antiques (20 years or older), homemade and modified vehicles are sold “AS IS” and have no odometer or frame guarantee by the auction.

Post Sale Inspections – April 1, 2016

  • Post Sale Inspections (PSI) are available at Buyer’s request.
  • PSI must be requested by Buyer at time of purchase when signing Block Ticket at Auction Block. Auction clerk will stamp Block Ticket to confirm that a PSI has been requested.
  • PSI policy follows the same arbitration policy and practices stated herein.
  • Seller’s vehicles with PSI’s pending shall not be considered finalized until the PSI report is completed.
  • Buyers requesting PSI’s are still responsible for paying the PSI Fee on any vehicle that fails to pass a PSI.
  • All vehicles have to be turned in to PSI or Arbitration by 4 pm on sale day

Post Sale Inspection Policy – Vehicle Qualifications: Green/Blue light vehicles that are sold by a BSC America facility, whether in-lane, on Simulcast or OVE.com, are eligible for a PSI. Yellow light vehicles are eligible for a PSI excluding announced or cautionary items. Defects found that fall under warning light (s) on vehicle are not checked will not be cause to fail PSI. Red light vehicles over $3000.00 are only eligible for frame inspection. Vehicles with over 125,000 miles are only eligible for a frame inspection.

  • PSI Checklist: The following items and areas are included as part of the Post Sale Inspection. Frame/Unibody & Mechanical Inspections check specific items contained within the list. The checklist applies to defects that are singularly $500 or more to repair or replace.
    – Odometer Verification
    – Emission Control Equipment Present
    – Transmission Engages & Functions
    – Supplemental Restraint System/Airbags Check
    – Engine Function & Operation
    – Frame or Unibody Structure Checked for Damage
    – 4X4 System Engagement
    – ABS/Brakes Function
    – Flood Inspection

PSI Guarantee:

  • Depending on the type of Post Sale Inspection selected, all items checked in the Post Sale Inspection are guaranteed to the buying dealer for 7 days.
  • If an item or part that was inspected fails during that period, the item will be replaced or repaired at BSC America’s option.
  • Vehicles challenged for issues must have 100 miles or less accumulated on the odometer between the time of inspection and the challenge date.
  • The Post Sale Inspection guarantee is not a buy-back policy but a guarantee of the operation and function of the items inspected for the length of the PSI purchased.