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Terms of Service Privacy Policy Buyer Protection Seller Agreement Fee Schedule Disputes

Legal

Last updated: June 2026 · Governing Law: Ontario, Canada

Terms of Service

These Terms of Service govern your use of VaultVelocityAuto (vaultvelocityauto.com), operated by Francisco Holdings Inc. ("we", "us", "our"). By accessing or using the platform, you agree to be bound by these terms.

1. Platform Nature

VaultVelocityAuto is a marketplace platform connecting buyers and sellers of collector and specialty vehicles. We do not own, buy, or sell vehicles ourselves. We facilitate transactions between independent parties and earn a commission on successful sales.

2. Eligibility

You must be 18 years of age or older to use this platform. By registering, you represent that you have legal authority to enter into binding contracts.

3. Account Responsibility

You are responsible for all activity under your account. Keep your credentials secure. Report unauthorized access immediately to our team at vaultvelocityauto@gmail.com.

4. Prohibited Conduct

  • Listing vehicles you do not own or have authority to sell
  • Providing materially false information about a vehicle's condition, history, or specifications
  • Bid manipulation, shill bidding, or bid retraction without legitimate grounds
  • Circumventing the platform to conduct transactions outside our escrow system
  • Harassment of other users, our team, or third-party service providers

5. Limitation of Liability

VaultVelocityAuto and Francisco Holdings Inc. are not liable for the condition, authenticity, or fitness for purpose of any vehicle listed. We facilitate transactions — ultimate due diligence remains with buyers and sellers. Our maximum liability for any claim arising from platform use is limited to fees paid to us in the preceding 3 months.

Privacy Policy

VaultVelocityAuto collects and processes personal data in accordance with Ontario's PIPEDA requirements and applicable Canadian privacy law.

Information We Collect

  • Registration data: name, email, phone, address
  • Vehicle listing data: make, model, VIN, condition, photos
  • Transaction data: bid amounts, payment information (processed by Stripe — we never store card data)
  • Communications: messages sent through our platform
  • Usage data: pages visited, time spent, auction interactions

How We Use Your Data

  • To operate auction listings and facilitate transactions
  • To communicate about your listings, bids, and purchases
  • To comply with legal obligations (title transfer documentation, tax reporting)
  • To improve the platform and prevent fraud

Data Retention

Transaction records are retained for 7 years for legal and tax purposes. Account data is retained while your account is active, plus 2 years. You may request deletion of non-essential data at any time by contacting us.

Your Rights

Under PIPEDA, you have the right to access your personal data, correct inaccuracies, and withdraw consent for non-essential processing. Contact us at vaultvelocityauto@gmail.com to exercise these rights.

Buyer Protection

🛡️ Vault Certified Guarantee: Every vehicle sold through VaultVelocityAuto is covered by our escrow protection. Funds are not released to sellers until buyers confirm receipt and acceptance of the vehicle.

What Vault Certified Covers

  • Material misrepresentation of vehicle condition, mileage, or history
  • Vehicle not matching listing description at time of delivery
  • Title defects that prevent legal transfer of ownership
  • Non-delivery of a paid vehicle

Claim Process

If you believe a vehicle has been materially misrepresented, you must notify us within 48 hours of delivery. Provide photographic evidence and a written description of the discrepancy. We will investigate and mediate within 5 business days. If the claim is validated, your funds are returned in full.

What Buyer Protection Does Not Cover

  • Pre-existing conditions disclosed in the listing
  • Normal wear for the vehicle's age and mileage
  • Issues discovered after the 48-hour inspection window
  • Import duties, taxes, or compliance costs in your jurisdiction
  • Mechanical issues that develop after acceptance

Seller Agreement

By listing a vehicle on VaultVelocityAuto, you agree to the following terms:

Accuracy of Listing

You represent that all information in your listing is accurate and complete to the best of your knowledge. Material omissions are treated the same as misrepresentations. Sellers are responsible for disclosing all known defects, accidents, modifications, and title encumbrances.

Title and Authority

You warrant that you are the legal owner or authorized agent for the vehicle, that the title is clear of liens (or that any liens will be paid from sale proceeds), and that you have the legal right to sell the vehicle.

Reserve Price

Your reserve price is the minimum acceptable bid. If bidding does not reach your reserve, the vehicle does not sell and your listing fee is non-refundable. If bidding exceeds your reserve, you are obligated to complete the sale at the winning bid price.

Fees

Listing fees are non-refundable once your auction goes live. Success fees are deducted from sale proceeds before disbursement. See the Fee Schedule below for complete details.

Fee Schedule

All fees are in Canadian Dollars (CAD) unless otherwise stated. Prices are exclusive of applicable taxes (HST).

Listing Fees (Non-Refundable)

  • Basic — $99 CAD · 7-day auction · No featured placement
  • Premium — $299 CAD · 14-day auction · Featured placement · Vault Certified inspection included
  • Concierge — $999 CAD · 21-day auction · Featured · Inspection · Professional photography · Dedicated agent

Success Fee (On Sale Only)

  • Basic listings: 5% of final sale price
  • Premium listings: 4% of final sale price
  • Concierge listings: 3% of final sale price
  • Maximum success fee: $25,000 CAD per transaction

Featured Placement

  • Homepage Featured: $299 CAD per week
  • Category Featured: $149 CAD per week
  • Newsletter Feature: $499 CAD per issue

Disputes

Governing Law

These Terms are governed by the laws of the Province of Ontario and the federal laws of Canada applicable therein. Any disputes shall be resolved in the courts of Ontario, Canada.

Dispute Resolution Process

We encourage parties to resolve disputes through our internal mediation process before initiating legal proceedings. Contact us at vaultvelocityauto@gmail.com with "DISPUTE — [Transaction Reference]" in the subject line. We respond within 2 business days and aim to resolve disputes within 10 business days.

Contact for Legal Matters

VaultVelocityAuto c/o Francisco Holdings Inc. · Ontario, Canada · vaultvelocityauto@gmail.com

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