Effective Date: 11/08/2024
At Car Bank LLC, we respect your privacy and are committed to protecting the personal information we collect from you. This Privacy Policy outlines the types of information we gather, how we use it, and the steps we take to ensure your data is handled responsibly and securely.
1. Information Collection
● Personal Information: When you register for a Car Bank LLC account, participate in auctions, or communicate with us, we collect personal information such as your name, contact details, payment information, and identification documents, as required by law.
● Non-Personal Information: We collect non-identifiable information such as IP address, device information, and browsing activity on our platform to improve user experience and analyze site traffic.
2. How We Use Your Information
● To Facilitate Transactions: We use your personal information to process payments, confirm your identity, and complete vehicle sales.
● Communication: We may use your contact details to send you updates, respond to your inquiries, and provide customer support.
● Improving Our Services: Non-personal information is used to analyze website traffic, user preferences, and behaviors, helping us improve our platform and services.
● Legal Compliance: We may use or disclose your information as necessary to comply with applicable laws, regulations, and legal requests.
3. Information Sharing and Disclosure
● Third-Party Service Providers: Car Bank LLC works with third-party service providers (e.g., shipping companies, payment processors) to facilitate transactions. These providers only have access to personal information necessary to perform their functions and are required to protect it.
● Legal Requirements: We may disclose your information if required by law, legal process, or government request, or if we believe it is necessary to prevent fraud, protect our rights, or ensure the safety of Car Bank LLC and its users.
● Business Transfers: In the event of a merger, acquisition, or sale of assets, your information may be transferred to the new owners. You will be notified if such a transfer affects your privacy rights.
4. Security Measures
● Car Bank LLC employs reasonable security measures, including encryption, secure servers, and access controls, to protect your personal information. However, no online
platform
can guarantee absolute security. By using Car Bank LLC, you acknowledge that risks associated with internet data transmissions are unavoidable.
5. Cookies and Tracking Technologies
● Car Bank LLC uses cookies and similar tracking technologies to personalize your experience, remember your preferences, and analyze our website’s performance. You may adjust your browser settings to reject cookies; however, some features of our site may not function properly as a result.
6. Data Retention
● We retain your personal information as long as needed to provide services to you, comply with legal obligations, resolve disputes, and enforce our agreements. When no longer necessary, your data will be securely deleted or anonymized.
7. Your Rights and Choices
● Access and Correction: You have the right to access, update, or correct your personal information. Contact us if you wish to review or modify your information. ● Data Deletion: You may request deletion of your account and personal information, subject to any obligations we have to retain certain data for legal or business purposes. ● Opt-Out of Communications: You can opt out of marketing communications by following the unsubscribe link in our emails or by contacting us directly. However, you may still receive essential transactional emails related to your account.
8. International Data Transfers
● Car Bank LLC’s servers and offices are located in [your country], but buyers may be based internationally. By using our services, you consent to the transfer and processing of your data in locations that may have different data protection laws than your country of residence.
9. Changes to This Privacy Policy
● Car Bank LLC may periodically update this Privacy Policy. Significant changes will be communicated to you, and your continued use of our platform will be deemed acceptance of the updated policy.
10. Contact Us
● If you have any questions or concerns about this Privacy Policy or your personal data, please contact Car Bank LLC at [email protected].
