Car Insurance Queries

If you want to get your car insured you can fill the form and our team will get back to you shortly or if you are nearby, you can visit our office in our working hours.
| 9am – 6pm | Monday – Saturday |

Quick Find Us

Auction House
57-B, Johar Town, Lahore, 54782
Phone
0423-8103444 0333-8103444
Email
info@carzaamin.com

Terms and Conditions

For Sellers:
  1. To Sell the vehicle at the auction you are required to register your vehicle.
  2. The auction is conducted in accordance with Car Zaamin Rules of Auction.
  3. When selling a vehicle in the auction, all related documents must be included along with the vehicle.
  4. You have to register your vehicle at least 4 days prior to the auction day.
  5. All the vehicles will be thoroughly examined and a detailed vehicle report will be generated which will be available to all the prospective bidders.
  6. Examination report of Car Zaamin will be final and will not be challenged at any forum.
  7. Car Zaamin can ask to leave the car at the premises of Car Zaamin 3 days before the date of auction.
  8. Vehicle will be sold to the highest bidder and will be informed through on screen notification.
  9. Car Zaamin will be charging 0.75% of sales price as a commission.
  10. After a sale is concluded, a cheque will be issued in the name of the seller within 4 working days of the sale day.
  11. Car Zaamin reserves the right to cancel or lower the price, if car documents includes duplicate file or book.
  12. Car Zaamin reserves the right to black list the seller, if its is found that seller is trying to muniplate the bidding through its fake bidders. Car Zaamin will also forfiet the deposit amount of those fake bidders too.
For Buyers:
  1. To bid at the auction you are required to register as a bidder.
  2. The auction is conducted in accordance with Car Zaamin Rules of Auction.
  3. A minimum of Rs 10,000.00 cash deposit is required on each purchase which is refundable in case no purchase has been made.
  4. You can register yourself on the day of auction or prior to the auction day.
  5. Car will be sold to highest bidder and would be informed through on screen notification.
  6. If the highest bid is less than the Reserved price car will be Unsold and "Negotion called" message will appear on the screen. Interested bidder can buy it after filling a negotiation form.
  7. All vehicles are sold as seen, with no warranty.
  8. Cash deposit of minimum Rs. 100,000 will be deposited as a token after successful bid if buyer needs time to make complete payment.
  9. Car Zaamin will be charging 0.75% of sales price as a commission.
  10. Buyer needs to pay full payment within 48 hours of purchase. Only cash and bank drafts are accepted. In case a buyer fails to pay the full due amount, CarZaamin will forfeit the paid deposit and the vehicle in question will be re-entered for another auction.
  11. The buyer undertakes the responsibility of removing his vehicle from Car Zaamin’s premises within 48 hours post the purchase and after the full payment has been made.
  12. Car Zaamin reserves the right to increase the deposit amount in case a vehicle price exceeds Rs. 5,000,000 or buying more than one vehicle.
  13. Buyer will be solely and completely responsible for any Offences or Fines or disputes or Traffic Challan, Maintenance, Insurance of the Vehicle after the date of purchase and will ensure that the Transfer Forms will be submitted in RTO in less than 7 Days and acknowledgement receipt of the same will be provided to the CarZaamin, for its record. Original First Owner will have the right to lodge a Police complaint against the buyer in the act of Misuse of vehicle without Transfer.
Note: CarZaamin is only an auction house and doesn't sell its own stock CarZaamin reserves the right to cancel any car from auction without any prior intimation