Rules

PURCHASE RULES ON THE U2CARS ONLINE PLATFORM

(Updated version, 2026)
Vilnius

1. GENERAL PROVISIONS

1.1. These Purchase Rules (hereinafter referred to as the Rules) regulate the procedure for purchasing vehicles and/or their parts (hereinafter referred to as the Property) via the online platform www.u2cars.lt, using:

auction sales, and/or
fixed price sales,

as well as define the rules for participation, confirmation of transactions, payments, conclusion of agreements, delivery, and allocation of responsibility.

1.2. These Rules are binding on all persons who register, participate in auctions, choose fixed-price offers, or otherwise purchase Property through www.u2cars.lt.

1.3. A fixed price offer is legally equivalent to an auction bid.
The confirmation procedure, payment obligations, contract execution, and legal consequences are identical for auction and fixed-price purchases.

2. DEFINITIONS

2.1. Auction – a method of selling Property where the right and obligation to purchase arise for the participant who submits the highest bid, subject to confirmation by the Property seller (e.g. insurance or leasing company).

2.2. Fixed Price – a purchase method where a specific “Buy Now” price is indicated. Selecting a fixed price constitutes a final and irrevocable price offer.

2.3. Organizer – UAB “Galimard Baltija”, company code 302468004, Dvaro g. 112, Šiauliai, Lithuania (hereinafter referred to as the Organizer).

2.4. Participant / Buyer – a legally capable natural or legal person registered on www.u2cars.lt who has accepted these Rules.

2.5. Confirmation – a decision by the Property seller to approve or reject the sale of the Property at the offered price.

3. GENERAL PRINCIPLES

3.1. All information about the Property published on www.u2cars.lt constitutes all information available to the Organizer, as provided by the Property seller (insurance company, leasing company, etc.).

3.2. The Organizer cannot provide additional photos, data, or inspections if such information is not supplied by the Property seller.

3.3. The Property is sold “as is”.
If defects are indicated – they exist.
If defects are not indicated – they were not identified during inspection.

3.4. By placing a bid or selecting a fixed price, the Participant acts at their own risk.

4. PARTICIPATION AND PRICE OFFER

4.1. The Participant may:

place a bid in an auction; or
select a fixed price, if available.

4.2. Any price offer (auction bid or fixed price selection) is irrevocable until confirmation or rejection.

4.3. Selecting a fixed price means that the Buyer:

accepts all information provided about the Property;
submits a final price offer;
agrees to these Rules and the terms of the subsequent purchase agreement.

5. RESULT AND CONFIRMATION

5.1. After the auction ends or a fixed price is selected, the Organizer submits the offer to the Property seller for confirmation.

5.2. Upon receiving a positive decision, the Organizer informs the Buyer within 7 calendar days by email and/or SMS.

5.3. Only after receiving confirmation does the Participant become the Buyer / auction winner.

5.4. If confirmation is not received:

the Organizer is not obliged to disclose the final sale price of the Property;
such information is considered confidential;
the Participant is released from any obligation to purchase the Property.

6. PAYMENT AND AGREEMENT

6.1. After confirmation, the Buyer undertakes to:

conclude a preliminary purchase agreement within 2 calendar days;
fully pay the advance invoice within 1 (one) business day.

6.2. Partial payment or reservation without full payment is not permitted,
except where explicitly agreed in writing in advance with the Organizer
(loyal customers).

7. DELIVERY, RISKS AND INSURANCE

7.1. The standard delivery time is 60–90 days, depending on documentation, ports, shipping schedules, and other factors.

7.2. The Organizer does not bear responsibility for the physical condition of the Property during sea transportation, as this is not covered by the shipping line’s liability.

7.3. Minor damages may occur during transportation
(scratches, dents, container securing marks).

7.4. The Buyer may:

insure the Property independently; or
arrange insurance through the Organizer.

7.5. Force majeure events (e.g. port blockages, global shipping incidents, additional port or container charges) may result in additional costs, which are discussed with the Buyer separately.

8. LIABILITY

8.1. The Organizer is responsible for:

the legality of the transaction;
compliance and correctness of documents;
payment of taxes and obligations explicitly stated in the agreement.

8.2. The Organizer is not responsible for:

technical condition of the Property;
mileage;
hidden or subsequently discovered defects.

8.3. The Property is sold without any warranties.
No claims are accepted before or after the transaction.

9. FINAL PROVISIONS

9.1. These Rules enter into force from the moment the Participant becomes familiar with them and begins acting in accordance with them.

9.2. All disputes shall be settled amicably; failing agreement, disputes shall be resolved in the Vilnius City District Court, in accordance with the laws of the Republic of Lithuania.

SAMPLE

VEHICLE SALE AND PURCHASE AGREEMENT No. XX/XX/26

Vilnius
Date: ___ __________ 2026

1. PARTIES

Seller

UAB “Galimard Baltija”
Company code: 302468004
Registered address: Dvaro g. 112, Šiauliai, Lithuania
(hereinafter referred to as the Seller)

Buyer

(select and complete one option)

☐ Natural person
Full name: ________________________________
Personal identification number: ____________
Residential address: ______________________

☐ Legal entity
Company name: _____________________________
Company registration number: ______________
Registered address: _______________________
Authorized representative (full name): _____
Position of representative: _______________

(hereinafter referred to as the Buyer)

The Seller and the Buyer are hereinafter jointly referred to as the Parties.

2. SUBJECT OF THE AGREEMENT

2.1. The Seller hereby sells, and the Buyer hereby purchases, the following vehicle:

Make / model: ______________________________
VIN (chassis number): ______________________

2.2. The vehicle was purchased through:

☐ auction
☐ fixed price

Both purchase methods are legally equivalent.

3. CONDITION OF THE VEHICLE

3.1. The Buyer confirms that the vehicle was purchased without physical inspection, based solely on the information provided by the Seller, which originates from an insurance company, leasing company, or previous owner.

3.2. The vehicle is sold “AS IS”, with all existing and potential defects, whether visible or hidden, and without any warranties, express or implied.

3.3. The Seller does not guarantee:

the technical condition of the vehicle;
the mileage;
the absence of hidden defects;
conformity with the Buyer’s expectations.

3.4. By signing this Agreement, the Buyer confirms full acceptance of the vehicle’s condition.

4. PURCHASE PRICE AND STRUCTURE

4.1. The Parties agree that the purchase price is final according to the selected option and includes only the items specified below.

The Buyer selects ONE option only:

☐ 4.2.1. VEHICLE PRICE IN LITHUANIA

Purchase price: ____________________ EUR

The price includes:

vehicle price;
all transportation and logistics costs to the Republic of Lithuania
(loading, unloading, sea freight, logistics);
customs clearance procedures;
import duties;
value added tax (VAT);
vehicle legalization in Lithuania, including technical conformity confirmation.

Not included:
vehicle registration in Lithuania and environmental (CO₂) tax.

☐ 4.2.2. VEHICLE PRICE FOR EXPORT WITHIN THE EUROPEAN UNION

Purchase price: ____________________ EUR

The price includes:

vehicle price;
logistics and transportation costs to Lithuania;
loading and unloading operations;
export documentation.

Not included:

VAT;
import duty of 10%, payable in the destination country.

☐ 4.2.3. VEHICLE PRICE FOR EXPORT OUTSIDE THE EUROPEAN UNION

Purchase price: ____________________ EUR

The price includes:

vehicle price;
transportation and logistics to Lithuania;
loading and unloading;
export declaration and mandatory export documentation.

All taxes and duties in the destination country shall be borne by the Buyer.

4.3. The Buyer confirms that the price structure is fully understood and accepted, and no claims regarding price composition shall be raised.

5. PAYMENT TERMS

5.1. The Buyer confirms that the full purchase price has been paid to the Seller in accordance with the issued invoice.

5.2. Partial payment or reservation without full payment is not applicable, unless explicitly agreed in writing in advance.

6. DELIVERY AND TRANSFER OF RISK

6.1. The vehicle is delivered according to agreed logistics conditions.

6.2. The Seller does not bear responsibility for the physical condition of the vehicle during sea transportation, as such risks are not covered by the carrier’s liability.

6.3. Minor damages during transportation (scratches, dents, container securing marks) are considered acceptable transportation risks.

6.4. The Buyer has the right to insure the vehicle independently or through the Seller under a separate agreement.

7. LIABILITY

7.1. The Seller is responsible for:

legality of the vehicle;
validity and correctness of documents;
legality of the transaction.

7.2. The Seller is not liable for:

technical condition;
mileage;
hidden defects;
any losses arising after delivery of the vehicle.

7.3. No claims shall be accepted before or after the completion of the transaction.

8. GOVERNING LAW AND DISPUTES

8.1. This Agreement shall be governed by and construed in accordance with the laws of the Republic of Lithuania.

8.2. Any disputes arising from this Agreement shall be settled amicably; failing which, they shall be resolved in the Vilnius City District Court.

9. FINAL PROVISIONS

9.1. This Agreement enters into force upon signing by both Parties.

9.2. The Buyer confirms that this Agreement was read, understood, and signed voluntarily.

10. SIGNATURES

Seller

UAB “Galimard Baltija”
Company code: 302468004

Signature

Buyer

Signature