Effectively immediately (4/1/2013), Kentuckiana Auto Storage Pool, Inc (KAASP) will begin enforcing the buyer late fees procedures again. Once a vehicle/unit is released to the buyer for payment, that buyer must pay the account balance in full on the following terms:

Onsite Purchases: By 12PM EST on the 2nd business day following the release of the vehicle/unit

Proxy/Internet Purchases: By 12PM EST on the 3rd business day following the release of the vehicle/unit

*** Note: If buyer requests KAASP to deliver a vehicle/unit and KAASP cannot deliver and collect payment before deadline, BUYER IS STILL RESPONSIBLE FOR ONTIME PAYMENT

If payment is not received in full for buyer's account balance by the above-mentioned dealines, a $25 per day per vehicle late fee will be added daily at 12PM EST until payment is received.