CarBiz

Schedule of Earnest Money

Posted on 24th April 2101, with effect from 01st May 2010

Category of Registered User		Transaction	Earnest Money

	Individual Member	Accept online Bid price and agree to Purchase from lowest bidding New car Dealer	0.5 of final price bid accepted by the individual (subject to a minimum of Rs 1000 and a maximum of RS 15000)

	Individual Member	Purchase Car accessories	100 of Sale Price is payable at the time of confirming the purchase

	Individual Member	Purchase Vehicle Tracking Service	100 payment as per Sale Price

	Individual Member	Purchase Vehicle Breakdown Services	100 payment as per Sale Price/Tariff

	Used Car Dealer	Buy a Used Car by bidding online and in case you have the highest.	Rs 5000 per Used Car