GM Vault Terms of Use.
GM Vault LLC operates an online marketplace that connects buyers and sellers of GM collector vehicles. We are not a dealer, broker, auctioneer (unless licensed where required), or a party to any vehicle transaction.
1. Acceptance
By accessing or using GM Vault, you agree to these Terms of Use and all referenced policies, including the Seller Agreement, Bidder Agreement, Auction Rules, Vehicle Disclosure Statement, and Privacy Policy.
2. Eligibility
- You must be at least 18 years old.
- You must have legal authority to enter into binding contracts.
- You must provide accurate, current account information.
3. User Accounts
GM Vault may, at its sole discretion, verify identity, suspend accounts, permanently ban users, or reject listings for any reason or no reason.
4. Marketplace Only
GM Vault does not own listed vehicles, does not inspect vehicles, does not guarantee vehicle condition, does not verify mileage, and does not guarantee title status. Users assume all risks associated with researching, bidding on, buying, and selling vehicles.
5. Fees
Buyers pay a 5% buyer's premium calculated on the final sale price, charged to the bidder's payment method on file. The full sale price is paid directly to the seller. Sellers pay listing fees as published on the site. Fees are non-refundable except as expressly stated.
6. Limitation of Liability
To the maximum extent permitted by law, GM Vault is not liable for vehicle defects, fraud by users, failed transactions, lost profits, shipping issues, or title disputes. GM Vault's aggregate liability shall not exceed the fees paid by you to GM Vault in the twelve months preceding the claim.
7. Arbitration & Class Waiver
Any dispute arising out of or relating to GM Vault shall be resolved through final, binding arbitration administered in California under the rules of the American Arbitration Association. You waive any right to participate in a class action.
8. Changes
GM Vault may modify these Terms at any time. Continued use of the platform after changes constitutes acceptance.
