Auto Consignment Agreement Template for Austria

The Auto Consignment Agreement is utilized when a vehicle owner wishes to sell their vehicle through a professional dealership while retaining ownership until sale. This document, governed by Austrian law, establishes the legal framework for the consignment relationship, defining the dealer's authority to market and sell the vehicle, the agreed commission structure, and both parties' obligations. It's particularly relevant for high-value vehicles, classic cars, or situations where owners prefer professional handling of the sale process. The agreement incorporates requirements from Austrian vehicle trading regulations, consumer protection laws, and commercial codes, ensuring compliance with local legal requirements while protecting both parties' interests. Key components include vehicle valuation, insurance requirements, marketing permissions, and sale proceed handling.

1. Parties: Identification of the vehicle owner (consignor) and the dealer (consignee) with full legal names and addresses

2. Background: Context of the agreement, including the owner's desire to sell the vehicle through the dealer's services

3. Definitions: Key terms used throughout the agreement, including 'Vehicle', 'Consignment Period', 'Sale Price', 'Commission', etc.

4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, VIN, registration number, and current condition

5. Appointment and Authority: Scope of dealer's authority to display, market, and sell the vehicle on owner's behalf

6. Consignment Period: Duration of the consignment arrangement, including start date and termination provisions

7. Pricing and Commission: Agreed minimum sale price, commission structure, and payment terms

8. Dealer's Obligations: Responsibilities including vehicle storage, maintenance, marketing, and handling potential buyers

9. Owner's Obligations: Requirements for vehicle documentation, disclosure of defects, and cooperation during sale process

10. Title and Risk: Provisions regarding vehicle ownership, transfer of title, and risk allocation during consignment

11. Insurance and Liability: Insurance requirements and allocation of liability for damage or loss

12. Termination: Circumstances and process for early termination of the agreement

13. Governing Law: Specification of Austrian law as governing law and jurisdiction provisions