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Auto Consignment Agreement
I need an Auto Consignment Agreement for my classic car dealership in Ontario, specializing in high-value vehicles over $100,000, with specific provisions for international buyers and enhanced insurance requirements.
1. Parties: Identifies and provides full details of the consignor (vehicle owner) and consignee (dealership)
2. Background: Explains the context of the agreement - that the owner wishes to sell their vehicle through the dealership on consignment
3. Definitions: Defines key terms used throughout the agreement including 'Vehicle', 'Consignment Period', 'Commission', etc.
4. Vehicle Details: Specific information about the vehicle including make, model, year, VIN, condition, and mileage
5. Consignment Terms: Details of the consignment arrangement including duration, pricing strategy, and commission structure
6. Consignee's Obligations: Responsibilities of the dealership including marketing, showing the vehicle, maintenance, and reporting
7. Consignor's Obligations: Responsibilities of the vehicle owner including providing documentation and maintaining insurance
8. Pricing and Commission: Agreed minimum selling price, commission calculation, and payment terms
9. Vehicle Maintenance and Storage: Terms regarding vehicle storage, maintenance, and permitted use during consignment
10. Insurance and Risk: Insurance requirements and allocation of risk between parties
11. Term and Termination: Duration of the agreement and circumstances for early termination
12. General Provisions: Standard legal provisions including governing law, notices, and entire agreement
1. Test Drive Protocol: Specific procedures for managing test drives, used when the vehicle is particularly valuable or unique
2. International Sales: Additional provisions for handling international buyers, needed when the dealership serves international markets
3. Restoration Services: Terms for any restoration or repair work to be performed during consignment, included when the vehicle needs work
4. Multiple Vehicle Provisions: Additional terms for consigning multiple vehicles, used when owner is consigning more than one vehicle
5. Photography Rights: Specific terms about vehicle photography and image usage, important for high-value or collector vehicles
6. Exhibition Rights: Terms for displaying the vehicle at shows or events, included for classic or show cars
1. Schedule A - Vehicle Condition Report: Detailed inspection report documenting the vehicle's condition at time of consignment
2. Schedule B - Vehicle Documentation: List of all documentation provided with the vehicle (title, service history, etc.)
3. Schedule C - Pricing Strategy: Detailed pricing approach including minimum price, target price, and negotiation parameters
4. Schedule D - Commission Structure: Detailed breakdown of commission rates and calculation methods
5. Schedule E - Marketing Plan: Outline of agreed marketing activities and platforms
6. Appendix 1 - Vehicle Photographs: Dated photographs documenting vehicle condition at consignment
7. Appendix 2 - Required Repairs List: List of any known issues or required repairs
Authors
Applicable Laws
Authorized Representative
Commission
Consignee
Consignment Period
Consignor
Deposit
Effective Date
Force Majeure Event
Intellectual Property Rights
Liens
Listing Price
Marketing Materials
Minimum Sale Price
Net Proceeds
Purchase Agreement
Sale Price
Services
Term
Territory
Vehicle
Vehicle Documentation
Vehicle Condition Report
VIN
Test Drive
Storage Location
Maintenance Services
Insurance Coverage
Selling Expenses
Transfer Documents
Business Day
Confidential Information
Material Adverse Change
Operating Expenses
Records
Sale Closing Date
Title Documents
Consignment Terms
Vehicle Description
Pricing and Commission
Payment Terms
Delivery and Storage
Insurance
Representations and Warranties
Vehicle Maintenance
Marketing and Promotion
Title and Ownership
Risk Allocation
Indemnification
Confidentiality
Term and Termination
Force Majeure
Assignment
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Amendment
Waiver
Compliance with Laws
Record Keeping
Vehicle Inspection
Test Drive Authorization
Safety Requirements
Limitation of Liability
Third Party Rights
Consumer Protection
Documentation Requirements
Sale Process
Commission Payment
Default and Remedies
Automotive
Retail
Vehicle Sales
Luxury Vehicles
Classic Cars
Used Cars
Auto Dealership
Vehicle Consignment
Transportation
Legal
Sales
Compliance
Finance
Operations
Documentation
Business Development
Vehicle Assessment
Customer Relations
Dealership Owner
Sales Manager
Vehicle Sales Representative
Legal Counsel
Compliance Officer
Business Development Manager
Finance Manager
Insurance Coordinator
Vehicle Assessment Specialist
Documentation Specialist
Operations Manager
General Manager
Contract Administrator
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