QuipIQ provides market intelligence, scoring, and decision-support tools designed to help buyers, resellers, and operators evaluate equipment, vehicles, and other auction inventory. All output produced by the service — including suggested max bids, scoring tiers, deal grades, ROI estimates, profit potential, seasonal demand indicators, and comparable-sale summaries — is informational only. It is not an appraisal, a guarantee, or financial, investment, legal, or tax advice.

1. Estimates, Not Guarantees

Valuations and projected returns in QuipIQ are statistical estimates derived from historical and public data. Many factors that materially affect actual outcomes are outside the scope of our models or are not fully observable at the time of scoring, including (without limitation):

• Auction dynamics — reserve prices, buyer competition, final hammer price, and buyer's-premium fees.
• Transportation, shipping, pickup, and storage costs.
• Condition, hidden damage, missing accessories, hour-meter accuracy, and mechanical issues not disclosed in the listing.
• Resale demand, seasonality, local market saturation, and the time required to sell.
• Platform and payment-processing fees, refurbishment costs, taxes, insurance, and compliance costs.
• Macroeconomic conditions, commodity prices, interest rates, and regulatory changes.

2. Past Comps Are Not Predictions

Comparable-sale data ("comps") shown in QuipIQ reflects historical transactions and does not predict future prices. Market conditions change, listings vary in condition and completeness, and prior results do not guarantee that any item will sell for a similar amount, within a similar timeframe, or at all. You should treat comps as one data point among many.

3. Your Decisions, Your Responsibility

You are solely responsible for the buying, bidding, pricing, and selling decisions you make. QuipIQ does not place bids on your behalf, negotiate with sellers, inspect items, verify titles, or guarantee the accuracy of third-party listings. You should independently verify condition, title, provenance, and any representation made by a seller or auction platform, and you should consult qualified professionals (including appraisers, accountants, and attorneys) when the stakes warrant it.

4. No Warranty of Accuracy

QuipIQ makes no representation or warranty, express or implied, regarding the accuracy, completeness, reliability, timeliness, or fitness for a particular purpose of any information produced by or displayed in the service. Data is ingested from public and third-party sources, which may contain errors, duplicates, or delayed updates. We may change methodologies, scoring models, and data sources at any time without notice.

5. No Guaranteed Returns

QuipIQ does not guarantee any specific profit, margin, ROI, resale value, or auction outcome. References to profit potential, deal grades, strong buys, opportunity scores, or similar indicators are shorthand descriptors of model output and are not promises of financial gain. Reselling auction inventory involves risk, including the risk of total loss of your purchase price and related costs.

6. Not Investment or Financial Advice

Nothing in the service is intended to be, and nothing in the service should be construed as, investment advice, a solicitation to buy or sell any security or commodity, or professional financial, legal, tax, or accounting advice. You should consult your own licensed advisors before making material financial decisions.

7. Changes

We may update this disclaimer from time to time. Continued use of the service after an update constitutes acceptance of the revised disclaimer.

If you have questions about how QuipIQ scoring works or how to interpret an estimate, email support@quipiq.com.