Green Light –This announcement means any unit under this light is guaranteed for mechanical. Other disclosures may apply. Arbitration Time Period: 2 calendar Days with verified receipt of vehicle from seller and/or auction however, Cannot exceed 10 calendar days from sale date. Single item damage amount needs to exceed $600. Yellow Light –This announcement means any unit under this light may have a disclosure that will not be guaranteed under the Green Light announcement. This disclosure is not subject / covered under any arbitration policy. Single item damage amount needs to exceed $600. Red Light – unit is selling as is where is. It is ultimately the buyer’s responsibility to review the car and judge the vehicles condition before bidding. Frame/Structural damage is not arbitrable. LSremarketing will review all active arbitrations. During the course of reviewing all active arbitrations, LSremarketing may request the unit to be transported to a nearby auction for proper inspection. All CarFax, AutoCheck announcements and open recalls are buyer’s responsibilities.
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