As-Is
A sale condition where the vehicle is sold without any warranty or guarantee. The buyer assumes all risk for the vehicle's condition.
Definition
A sale condition where the vehicle is sold without any warranty or guarantee. The buyer assumes all risk for the vehicle's condition.
Related Terms
Arbitration
The process of resolving disputes between auction buyers and sellers, typically regarding undisclosed vehicle defects or condition report inaccuracies.
Green Light
An auction designation indicating a vehicle has passed the auction's inspection and meets quality standards. Green light vehicles often come with limited arbitration guarantees.
Know which auctions are worth it before you go
Upload a run list, find buyer matches, and get a TRL Opportunity Score before the lane opens.
Analyze a Run List Free