Buy Back Terms

1. If vehicle is stolen & recovered, or accident damaged, then the Buyback Agreement is immediately rendered NULL & VOID.

2. In case of (1); AA will still offer a Buyback price, but it will not be determined by the Guarantee given, but AA's own assessment, which may be the best obtainable in the circumstances.

3. There will be a mileage fee applied over the Term of the Buyback Agreement.
a) This is negotiable dependant upon the car & the indicative usage.
b) Depending on the car & mileage indicated; we may dictate a minimum mileage.
c) Costs can vary from 29p per Km, right upto 89p+ vat for very expensive Exotics & are open to negotiation.
d) Any tampering or foul play suspected with the Speedometer will render the Buyback Agreement as Null & Void!

4. Only normal wear & tear is acceptable, but any small dents, dings & scrapes, or "kerbed" alloys, etc., etc., must be paid for in full replacement or repair cost; (dependant upon its severity).

5. As a confirmation of special Terms & Conditions specifically related to a particular Buyback Agreement; a signed & dated confirmation will be given to the Purchaser with his Sales Invoice.

6. Usually 6, 9 or 12m Buyback arrangements, means upto Noon on the periodical Day it ends. AA are not obliged to honour agreements any later, unless choosen to accept them voluntarily, by mutual consent.

7. For 100% Buyback Guarantee, this will normally be on the 4th or 5th Anniversary after the sale. On the 4th year Anniversary AA may choose to buy the vehicle back if Buyer so wishes, but on the 5th year Anniversary, AA have to buy it back, come what may, if Buyer insists on their 100% Buyback!

8. An annual questionaire/survey is recorded by AA, which must be adhered to, for the 100% Buyback option. An annual admin cost fee is applied for this; it varies from £98 to £198+vat. Amount will be clearly stated on purchaser's Invoice.

9. The Car being purchased back by AA for 100% of the sum paid 4 or 5 years earlier; must be inspected & verified against annual records submitted, by Vehicle Examiners & HPi, atleast a month prior to the Buyback Anniversary. Car cannot be driven for that intervening period; (in case anything should go wrong). The cost of the Examination, HPi Check & Transportation to site; (if necessary), will be charged to the Client, at normal RAC/AA  Inspection rates, plus any travel costs, (if applicable).

10. Buyback Guarantee agreement is ONLY with the Client who has purchased the car. The Agreement is Null & Void with any other 3rd Party involved in whatever circumstance. If car is either Sold, Confiscated, Repossessed; involved with Bankruptcy, or the Registered Keeper changed in-between for whatever reason; AA do not have to honour the Buyback Agreement as stated; although voluntarily may make an offer to purchase, but are then not bound by conditions, as set out herein.

11. A Contractually bound, 3 to 6 month written notice of intention to exercise a Buyback option, is required in all circumstances. Dependant upon any special circumstances, AA may agree to overrule this voluntarily or by mutual consent, but it will always be confirmed in writing, as a certified amendment to any Buyback Agreement.

12. For International Clients, the Buyback will apply with the same basic principle. Although all the additional costs of Inspection and Transportation, etc., etc., to and from the UK, must be taken into account, as an extra cost over and above the agreed car sale price, and this sum will be excluded from the Buyback Guarantee calculations. Any Local Taxes paid by Clients upon car importation into their Country, will not be taken into account on the Buyback Guarantee.

13. Unless explicitly specified and agreed in writing and confirmed signed by the Company Director; then Arjun Auto (referred to as AA throughout these Terms & Conditions); have the right to choose to offer their Buyback price Guarantee, either in cash or as a P/ex against Company car stock, or vehicles purchased to Order. This is the Buyers/Clients own choice to make.