Terms of Service

1. Agreement to these terms

These Terms of Service (“Terms”) govern your access to and use of LotPulse’s websites, applications, and related services (collectively, the “Service”) operated by LotPulse (“LotPulse,” “we,” “us,” or “our”). By creating an account, accessing, or using the Service, you agree to be bound by these Terms and our Privacy Policy. If you are using the Service on behalf of an organization, you represent that you have authority to bind that organization.

These Terms contain an arbitration provision and class-action waiver in Section 12. Please read them carefully.

If you do not agree, do not use the Service.

2. Description of the Service

LotPulse provides tools to browse, filter, and analyze vehicle auction listings and related information drawn from publicly available or licensed sources, including aggregated views of inventory associated with marketplaces such as Copart and Insurance Auto Auctions, Inc. (“IAAI”). Features may include scoring, confidence indicators, estimates, alerts, and operator-focused workflows. The Service is intended for informational and operational research; it does not constitute an offer to sell or buy any vehicle, and it is not a substitute for independent inspection, title research, or professional advice.

LotPulse is an independent product and is not endorsed by, sponsored by, or affiliated with Copart, IAAI, or any other auction or insurance marketplace unless we expressly state otherwise in writing.

3. Eligibility

You must be at least eighteen (18) years old and capable of forming a binding contract to use the Service. You may not use the Service if you are prohibited from doing so under applicable law or if we have previously terminated your account for breach.

4. Accounts and registration

You must provide accurate registration information and keep it current. You are responsible for safeguarding your credentials and for all activity under your account. Notify us promptly at legal@lotpulse.com if you suspect unauthorized access.

5. Subscriptions, fees, and billing

Certain features require a paid subscription. Fees, renewal terms, and taxes (where applicable) are presented at checkout or in your billing settings. Payments are processed by Stripe; you agree to Stripe’s terms and privacy policy for payment processing. Unless otherwise stated, subscriptions renew automatically until canceled through the billing portal or as Stripe’s interface allows.

We may change pricing or introduce new plans with reasonable advance notice where required by law. Continued use after a price change constitutes acceptance of the new fees for subsequent billing periods, except where applicable law requires a different process.

6. Acceptable use

You agree not to:

• Use the Service in violation of any law, regulation, or third-party rights.
• Attempt to gain unauthorized access to the Service, other users’ accounts, or our systems (including probing, scanning, or circumventing security).
• Use automated means (such as scraping, bots, or bulk extraction) except through documented APIs or features we expressly permit, or in a manner that unreasonably loads our infrastructure.
• Copy, resell, sublicense, or redistribute the Service or its outputs in bulk as a standalone data product without our written consent.
• Use the Service to transmit malware, spam, or deceptive content.
• Reverse engineer, decompile, or attempt to extract source code or models except to the extent forbidden by applicable law.

We may investigate violations and suspend or terminate accounts that breach these rules.

7. Intellectual property

The Service, including software, visual design, branding, and documentation, is owned by LotPulse or our licensors and is protected by intellectual property laws. Subject to these Terms, we grant you a limited, non-exclusive, non-transferable, revocable license to access and use the Service for your internal business or personal research purposes in accordance with your plan.

Listing images, marks, and certain data elements may be owned by sellers, auction venues, or third parties. Your use of such materials through the Service does not grant you ownership rights beyond what those third parties allow.

8. Third-party data, listings, and marketplaces

The Service may display or summarize information originating from third-party sources. That information can be incomplete, delayed, or inaccurate. Bids, sale outcomes, fees, and vehicle condition are determined by marketplaces and sellers—not by LotPulse. You are solely responsible for decisions you make when buying, selling, or transporting vehicles.

9. Disclaimers

THE SERVICE IS PROVIDED “AS IS” AND “AS AVAILABLE,” WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT. WE DO NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, ERROR-FREE, OR THAT SCORES, ESTIMATES, OR SIGNALS WILL BE ACCURATE OR SUITABLE FOR ANY PARTICULAR TRANSACTION.

ANY ESTIMATES OR SCORES ARE INFORMATIONAL ONLY AND MAY RELY ON MODELS THAT CAN CHANGE. YOU SHOULD VERIFY MATERIAL FACTS INDEPENDENTLY BEFORE COMMITTING CAPITAL.

10. Limitation of liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL LOTPULSE OR ITS SUPPLIERS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR ANY LOSS OF PROFITS, REVENUE, DATA, OR GOODWILL, ARISING OUT OF OR RELATED TO YOUR USE OF THE SERVICE, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), OR ANY OTHER LEGAL THEORY, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, OUR AGGREGATE LIABILITY FOR ALL CLAIMS RELATING TO THE SERVICE SHALL NOT EXCEED THE GREATER OF (A) THE AMOUNTS YOU PAID TO LOTPULSE FOR THE SERVICE IN THE TWELVE (12) MONTHS BEFORE THE EVENT GIVING RISE TO LIABILITY, OR (B) ONE HUNDRED U.S. DOLLARS (US $100), IF YOU HAVE NOT HAD ANY PAYMENT OBLIGATION TO LOTPULSE.

SOME JURISDICTIONS DO NOT ALLOW CERTAIN LIMITATIONS; IN THOSE JURISDICTIONS, OUR LIABILITY IS LIMITED TO THE MAXIMUM EXTENT PERMITTED BY LAW.

11. Indemnification

You will defend, indemnify, and hold harmless LotPulse and its officers, directors, employees, and contractors from and against any claims, damages, losses, or expenses (including reasonable attorneys’ fees) arising out of your use of the Service, your violation of these Terms, or your violation of third-party rights.

12. Dispute resolution; arbitration; class waiver

Informal resolution. Before filing a claim, you agree to contact us at legal@lotpulse.app to try to resolve the dispute informally.

Binding arbitration. If the dispute is not resolved within sixty (60) days, either party may initiate binding arbitration administered by the American Arbitration Association under its Commercial Arbitration Rules, except as modified here. The arbitration will be conducted in English. Judgment on the award may be entered in any court of competent jurisdiction.

Class action waiver. YOU AND LOTPULSE AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN YOUR OR ITS INDIVIDUAL CAPACITY AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING. Unless both you and LotPulse agree otherwise, the arbitrator may not consolidate more than one person’s claims and may not preside over any form of representative or class proceeding.

Exceptions. Either party may seek injunctive or equitable relief in a court of competent jurisdiction to protect intellectual property or confidential information. If you reside in a jurisdiction that prohibits class-action waivers or arbitration of certain claims, those provisions may not apply to you to the extent prohibited.

13. Governing law

These Terms are governed by the laws of the State of Delaware, without regard to conflict-of-law principles, except that the Federal Arbitration Act governs provisions relating to arbitration. Subject to Section 12, exclusive jurisdiction for disputes arising out of these Terms shall lie in the state and federal courts located in Delaware, and you consent to personal jurisdiction there.

14. Termination

You may stop using the Service at any time. We may suspend or terminate access if you breach these Terms, if we are required to do so by law, or if we discontinue the Service with reasonable notice where practicable. Upon termination, your right to use the Service ceases; Sections that by their nature should survive (including intellectual property, disclaimers, limitation of liability, indemnity, and dispute resolution) will survive.

15. General

These Terms constitute the entire agreement between you and LotPulse regarding the Service and supersede prior agreements on the same subject. If any provision is held invalid, the remainder remains in effect. Our failure to enforce a provision is not a waiver. You may not assign these Terms without our consent; we may assign them in connection with a merger, acquisition, or sale of assets. Notices to you may be sent to the email associated with your account.

Nothing in these Terms is legal, financial, or automotive advice. You should consult qualified professionals before making purchase, sale, or transportation decisions.

16. Contact

For questions about these Terms, contact legal@lotpulse.app.