Lot # : 431 - 1975 MGB Roadster

Auction Terms & Conditions Terms of Sale There is no video for this auction. Pickup for items are by appointment only. Please call 416.923.7500 CCP Auctions runs a CarFax on every vehicle consigned to our auction ALL BIDS ARE FINAL AT AUCTION upon the declaration of sale. At auction there is no "cooling off period." No bid may be retracted by Bidder/Buyer during the sale for any reason, regardless of whether bid is made by telephone, online, or as an absentee bidder. If you are awarded the final bid, ownership changes hands at the moment of online sale. You own the merchandise and are responsible for payment in full. o Buyer's Fee A buyer's fee is an amount charged by the auction house, Collector Car Productions Inc., or other affiliated company ("CCP") for conducting the auction sale. If your bid price is accepted as the winning bid on any lot, you will be charged a buyer's fee in addition to the accepted bid price. The buyer's fee is part of the purchase price and is subject to sales tax, if applicable. Any terms and conditions posted on the auction website (www.ccpauctions.com) from time to time are incorporated herein by reference. The buyer hereby acknowledges that the seller has entered into an agreement by which entitlement to certain fees in the event the vehicle consigned is sold within 30 days following the auctions' conclusion. The buyer hereby acknowledges that should he purchase or acquire for money or other goods any vehicle consigned to the auction, the buyer is liable to pay the buyer's fee to Collector Car Productions. o Title Transfer In the event that the bidder is the successful buyer of an automobile, the bidder hereby authorizes Collector Car Productions Inc to sign on his or her behalf for purposes of transfer of title. o Terms of Payment Payment of the purchase price upon the declaration of sale is due in full on or before 3:00 PM on the next business day by bank wire transfer. If paying by certified funds, payment MUST be sent by overnight courier (with tracking number provided) and received at the auction company within two business days of the conclusion of auction. The Bill of Sale will be emailed to the buyers by Collector Car Productions Inc within 24 hours (valid email required from buyer). Should a bidder default on payment in any manner whatsoever, without limiting any recourse CCP may have, bidder agrees to pay CCP all lost auction fees (which is the maximum published rates for (1) the seller's commission, (2) the buyer's premium, and (3) the entry). This amount is due and payable without relief. Bidder will also be liable to seller for its damages. Bidder hereby authorizes CCP to deduct these lost auction fees from bidder's cash deposit, or to charge this amount to bidder's credit card provided. Bidder agrees not to dispute this charge with the credit card company at any time. Bidder agrees to also pay CCP's costs of collection, including attorneys' fees and costs. Credit Card is not a valid form of payment for vehicle o Conditions of Sale All vehicles are sold as is, where is, with no representations or warranties, expressed or implied. SELLER AND COLLECTOR CAR PRODUCTIONS, INC. DISCLAIM ALL WARRANTIES, EXPRESSED OR IMPLIED AS TO CONDITION, ORIGINALITY, OR AUTHENTICITY, ORIGIN OR PROVENANCE, PREVIOUS USE OR OWNERSHIP, MANUFACTURING OR RESTORATION PROCESSES, YEAR OR AGE, SERIAL NUMBER, MAKE, MODEL, OPTIONS, TOOLS, OR MILEAGE OF ANY VEHICLE OR COMPONENT OF ANY VEHICLE, AND SPECIFICALLY DISCLAIM ANY WARRANTIES OF MERCHANTIBILITY OR FITNESS FOR ANY PARTICULAR PURPOSE. o Risk or Loss Bidder is responsible of all risk of loss or damage immediately upon purchase of the vehicle or item, which occurs at the time of sale when bidder is declared to have the successful bid. o Other Terms Vehicles not marked as "no reserve" (or similar) are subject to a reserve bid set by the Consignor. When a vehicle is sold subject to such a reserve bid, the auction house may bid on the Consignor's behalf in an amount not to exceed the amount of the reserve bid. Bidder is responsible to pay all city, provincial or other taxes due for which the buyer does not qualify as exempt. Proof of exemption is bidder's responsibility. In the event either party brings action against the other from or relating to this bidder agreement or any auction held in connection herewith, the prevailing party as, determined by the court, shall be entitled to recover its reasonable attorneys' fees and costs. The law of the province in which the auction is held, shall govern the provisions of this bidder agreement. Jurisdiction for any action brought shall lie exclusively in a court of competent jurisdiction in the judicial district in which Chatham, ON is located. This is an online auction but there are some absentee/telephone bidders as well that we will be executing on their behalf as Floor Bidder. Shipping is the buyers responsibility. We are please to have Thorsons Transport as our transporations partner as each vehicle is at seller's location. Once the vehicle is paid for, you can call 416-742-0854 for your outbound shipping requirements. You are responsible for all bids made with this bidder number, whether or not made by you and whether or not authorized by you. OMVIC IMPORTANT INFORMATION RESPECTING MOTOR VEHICLE SALES In case of any concerns with this sale, you should first contact your motor vehicle dealer. If concerns persist, you may contact the Ontario Motor Vehicle Industry Council as the administrative authority designated for administering the Motor Vehicle Dealers Act, 2002 CAMVAP CANADIAN MOTOR VEHICLE ARBITRATION PLAN The Canadian Motor Vehicle Arbitration Plan may be available to resolve disputes concerning alleged manufacturer's defects or implementation of the manufacturer's new motor vehicle warranty CANADIAN MOTOR VEHICLE ARBITRATION PLAN NOT AVAILABLE The manufacturer of this vehicle is not a participant in the Canadian Motor Vehicle Arbitration Plan. Therefore, the program under that plan is not available to resolve disputes concerning alleged manufacturer;s defects of implementation of the manufacturer's new motor vehicle warranty. To determine if the manufacturer of this vehicle participates in CAMVAP go to www.camvap.ca