Terms and Conditions
Conditions of Use
The following policies, terms and conditions are effective January 1,
2007 and are subject to change without notice. Buyers of products manufactured
and/or sold by Speed Industry (hereafter “SI”) agree to the following:
Payment
The sale of the specified goods is to be prepaid prior to shipment by
SI by any of the following methods: MasterCard, Visa, American Express, Money Order or
Cashiers Check issued in the United States, PayPal and Corporate/Company
checks if accepted by SI upon prior approval. All international sales orders
shall be paid only by wire transfers or PayPal. Checks returned for
insufficient funds will incur a twenty-five dollar ($25.00) penalty charge, and
future shipments to the Buyer may be denied within the discretion of SI.
Warranties
SI fully guaranties and warrants that all merchandise and/or sold by
SI is free from manufacturer’s defects in materials or workmanship for the time
period specified in the manufacturer's documentation that comes with the
product from the date of shipment from SI to the original Buyer. Should the
aforementioned goods be deemed defective by either SI or Buyer, SI shall have
the exclusive right to inspect and repair alleged defects and/or replace such
goods at the discretion of SI. There are no other warranties, expressed or
implied, beyond one year, inclusive of fitness for use.
Usage
All products are sold for legal racing or off-road vehicles only and
are restricted to use by Buyer and his assigns to use only for such purposes,
and Buyer will exercise this responsibility in a cautious and proper manner.
The Buyer agrees to comply with all state and federal laws relating to the
usage of goods and will use said goods only for legal purposes. The Buyer’s
understanding and application of legal responsibilities is critical and SI
shall not be responsible for wrongful usage. All products manufactured by SI
are intended for racing and off-road vehicles only, and not intended for normal
driving conditions. SI is not responsible for misuse by Buyer, and use other
than intended will void any aforementioned warranty.
Indemnification
The Buyer waives and releases SI from any and all claims, whether in contract
or of personal injury, bodily injury, property damage, damages, losses and /or
death that may arise from the aforementioned, municipal/state/federal laws and
regulations by improper usage of SI sales goods. It is mutually understood and
agreed that there are certain risks, dangers and perils the potentially exist
by improper installation or usage of said goods. The Buyer agrees to indemnify
SI from any and all liability, loss or damage SI may suffer as a result of
claims, demands, costs or judgments against SI arising from improper
installation or usage.
Return of Goods, Refused Shipment, and Cancellations
The Buyer shall have the right to inspect the goods on arrival, and within ten
(10) working days after delivery the Buyer must render notice in writing to SI
of any claim on account of alleged defects. Buyer’s failure to comply shall
constitute irrevocable acceptance of the goods by Buyer. Only unused goods,
intact, undamaged and complete with all components and hardware originally
provided by SI may be authorized for return subject to inspection and
acceptance by SI. SI will not accept returns without prior return
authorization. All returns must be within thirty (30) days from the original
shipping date. Authorized and accepted returns will without exception be
assessed a 25% restocking charge. All custom manufactured parts are without
exception non-refundable. Returning goods to SI does not constitute a right of
refund, exchange or credit. SI may at its discretion require alternate payment
methods; it is the responsibility of the Buyer to make appropriate arrangements
with SI for the disposition of refused goods, and SI shall be provided with an
adequate explanation for the refusal of goods. All cancelled orders will be
assessed a 15% cancellation fee, no exceptions.