Terms and Conditions

Please note that the General Terms and Conditions consist of five clauses, displayed as you scroll down the page.

These General Terms and Conditions (“Terms”) apply to all offers, purchases, sales, and intermediary services provided by or to Selected Car Investment ApS, Company reg no. 43195506, Stensgårdvej 17, 5500 Middelfart (“SCI”), unless otherwise expressly agreed in writing. By entering into any transaction with SCI, the client acknowledges and accepts these Terms.

The latest version of the Incoterms® (currently Incoterms® 2020) shall apply where relevant to deliveries.

2.1 Offers and Acceptance
Offers to sell vehicles to SCI are non-binding until SCI confirms acceptance in writing. Following written acceptance, SCI reserves the right to withdraw from the agreement if the vehicle fails to meet SCI’s requirements.

2.2 Vehicle Condition, Documentation, and Disclosure
The client warrants that the client has full right and authority to sell and transfer ownership of the vehicle, and that the vehicle is:

• Free from any liens, encumbrances and legal claims.
• In compliance with all applicable laws and regulations.
• Accurately represented, including mileage (odometer reading), registration details, and ownership history.

The client must disclose in writing all known:

• Technical, mechanical or cosmetic defects or damages
• Past accidents, repairs, or structural damage
• Outstanding recalls or service actions
• Modifications affecting the original condition or compliance

Failure to provide full disclosure will entitle SCI to cancel the agreement or claim compensation for damages or costs incurred.

2.3 Delivery and Transfer of Risk
Delivery shall be EXW (Ex Works) client’s designated location. Risk passes to SCI upon delivery in accordance with the Incoterm.

2.4 Payment Terms
Payment shall be made by SCI upon delivery and successful inspection of the vehicle. Payment terms must be confirmed in writing.

2.5 Liability
The client is liable for any hidden defects or inaccuracies discovered after delivery, unless SCI has expressly waived such claims in writing.

3.1 Ownership and Authority
SCI warrants that it either owns the vehicle or is fully authorized to sell and transfer its ownership, and that Section 3 applies in full to the client in either case.

3.2 Offers and Sales
All offers from SCI are non-binding. A binding contract is only concluded once SCI provides written confirmation of the client’s order.

3.3 Vehicle Condition
Vehicles are sold “as is” without warranty unless expressly agreed otherwise in writing. The client is responsible for inspecting the vehicle prior to completing the purchase.

3.4 Delivery and Incoterms
Delivery shall be EXW (Ex Works) SCI’s designated location. Risk passes to the client upon delivery in accordance with the Incoterm.

3.5 Payment
Full payment must be received by SCI in cleared funds prior to delivery. If the client fails to meet the payment deadline or otherwise breaches the agreement, SCI may cancel the transaction and retain any deposit or prepayment as compensation for lost opportunities, administrative costs, and other resulting losses.

3.6 Taxes, VAT and Documentation
The client is responsible for all taxes, duties and VAT related to the purchase. Where the vehicle is collected by the client or on the client’s behalf, the client shall provide SCI with a duly completed and signed CMR consignment note or other satisfactory transport documentation. Where required for VAT, Intrastat or export purposes, the client shall provide relevant documentation evidencing transport within or export outside the European Union. If the required documentation is not received in due time, the client shall pay an amount equivalent to the applicable VAT, or, if a deposit has been paid, SCI may withhold such deposit.

3.7 Retention of Title
Ownership transfers to the client once full payment has cleared. SCI may repossess the vehicle in case of non-payment.

3.8 Liability
SCI’s liability is limited to cases of gross negligence or intentional misconduct. Under no circumstances shall SCI be liable for indirect, consequential, or loss-of-profit damages.

3.9 Fees and Remuneration
Section 4.4 shall apply where SCI acts as seller on behalf of the legal owner.

4.1 Nature of SCI’s Services
SCI facilitates the introduction and transaction between buyers and sellers of vehicles. SCI acts solely as an intermediary and does not assume possession, title, or risk associated with the vehicle.

4.2 No Warranty or Guarantee
SCI provides no warranties, representations, or guarantees regarding the condition, authenticity, documentation, or legal status of vehicles unless expressly stated in writing.

4.3 Risk and Liability
The purchase and sale agreement is entered into directly between the buyer and seller. SCI is not liable for any defects, non-performance, or disputes arising between the parties.

4.4 Fees and Remuneration
SCI may receive a fee, commission, or other remuneration for its intermediary services, which must be agreed upon in writing prior to the completion of the transaction.

5.1 Force Majeure
SCI shall not be liable for any failure or delay in performance due to circumstances beyond its reasonable control, including but not limited to natural disasters, pandemics, strikes, supply chain disruptions, transportation delays, war, terrorism, or government actions.

5.2 Compliance and Export
The client is responsible for compliance with all applicable laws, regulations, and customs requirements related to the export, import, and use of vehicles.

5.3 Confidentiality
All non-public information shared with the client during transactions must be kept strictly confidential unless disclosure is required by law or authorized in writing by SCI.

5.4 Indemnification
The client agrees to indemnify and hold SCI harmless from any losses, claims, damages, or expenses (including legal fees) arising from the client’s breach of these Terms or any applicable laws.

5.5 Intellectual Property
All trademarks, logos, marketing materials, and other intellectual property rights used by SCI are the exclusive property of SCI.

5.6 Governing Law and Jurisdiction
These Terms, and any dispute arising out of or in connection with transactions involving SCI, shall be governed by and construed in accordance with the laws of Denmark. Exclusive jurisdiction for any dispute shall lie with the relevant court in Denmark.

5.7 Severability
If any provision of these Terms is deemed invalid or unenforceable, the remaining provisions shall remain fully effective.

5.8 Data Privacy
SCI processes personal data in accordance with applicable data protection legislation, including the General Data Protection Regulation (GDPR). For more details, see the Privacy Policy here.

5.9 Client Identification and Beneficial Owners
Upon SCI’s request, the client shall provide accurate and complete information, supported by relevant documentation, regarding the client’s identity and, if applicable, beneficial owners in accordance with applicable anti‑money laundering legislation, and shall without undue delay notify SCI in writing of any change in ownership or control. Any failure to provide such information, or the provision of incorrect or incomplete information, shall constitute a material breach, entitling SCI to suspend or terminate transactions and, where relevant, cancel concluded agreements.