Buyer Terms

1. Bidding Eligibility

To place bids on Finds, you must:

• Have a verified email address
• Have a valid payment method on file
• Accept these terms and the general Terms of Service
• Be in good standing (no previous payment defaults)

Finds may require additional verification for high-value transactions (above EUR 20,000).

2. Bids Are Binding

Every bid you place is a legally binding commitment to purchase.

• You cannot retract a bid once placed
• If you are the highest bidder when the auction ends, you are obligated to complete the purchase
• This covers the hammer price (paid to the seller) plus the 5% buyer fee (paid to Finds)

Before bidding, ensure you have reviewed the listing thoroughly, including all photos, description, and seller disclosures.

3. Buyer Fee

The winning bidder pays a 5% buyer fee on the final hammer price. This fee is charged by Finds for platform services.

4. Bid Deposits

When you place your first bid on an auction, a temporary card hold is placed:

• Minimum hold: EUR 500
• Alternative: 5% of your bid amount, if higher
• Maximum hold: EUR 5,000

This hold serves as a bid deposit:

• If outbid: Released automatically within 24-48 hours
• If you win: Released once your buyer fee has been paid
• If you fail to pay: May be forfeited as a penalty

5. Payment Requirements

Deadline

The buyer fee must be paid within 5 business days of the auction ending.

Payment Methods

The buyer fee is paid to Finds by card only: credit/debit card (Visa, Mastercard). The hammer price is paid directly to the seller, not to Finds; Finds never holds the sale price.

What You Pay

• Hammer price (your winning bid): paid directly to the seller
• Buyer fee (5% of hammer price): paid to Finds by card

Transport, registration, insurance, and any other costs are separate and your responsibility.

6. Non-Payment Consequences

If you fail to complete payment:

1. Day 1-3: Reminder emails sent
2. Day 4: Final warning
3. Day 6+:
   • Bid deposit is forfeited (up to EUR 5,000)
   • Bidding privileges suspended
   • Vehicle may be offered to the next highest bidder
   • Vehicle may be relisted

Repeat non-payers will be permanently banned from the platform.

7. Transport and Collection

You are responsible for arranging transport.

Important considerations:

• Many vehicles on Finds are non-running, barn finds, or project cars
• Flatbed/trailer transport is often required
• Coordinate collection timing with the seller within 14 days of payment
• If the vehicle is located in another country, you are responsible for cross-border transport

Finds does not provide transport services or recommendations. This is a transaction between you and the seller.

8. Registration and Documentation

You are responsible for all registration and documentation.

• Ensure you understand the registration requirements in your country
• Some vehicles may have documentation issues (especially barn finds and project cars)
• Ask the seller about documentation status before bidding if this is a concern

9. Due Diligence

Buy what you can see and understand.

• Review all photos carefully
• Read the full description and seller disclosures
• Ask questions in the comments section before the auction ends
• If possible, arrange an in-person inspection before bidding

Finds curates listings for quality but does not inspect vehicles or guarantee condition. All sales are "as-is" unless the seller explicitly states otherwise.

10. Disputes

If the vehicle significantly differs from the listing description, contact us immediately at disputes@finds.ro.

We will:

• Review the listing and seller disclosures
• Examine any evidence of misrepresentation
• Mediate between buyer and seller if necessary

Finds' goal is fair resolution, but we are not a warranty provider or arbitration service.

11. Contact

Questions about buyer terms?
Email: buyers@finds.ro