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Auto Consignment Agreement
I need an Auto Consignment Agreement for my luxury car dealership in Geneva that will handle multiple high-value vehicles simultaneously, with specific provisions for international buyers and enhanced insurance requirements for vehicles valued over CHF 500,000.
1. Parties: Identification of the consignor (vehicle owner) and consignee (dealer), including full legal names, addresses, and registration details
2. Background: Brief context explaining the purpose of the agreement and the parties' intentions regarding the vehicle consignment arrangement
3. Definitions: Key terms used throughout the agreement including 'Vehicle', 'Consignment Period', 'Sale Price', 'Commission', etc.
4. Appointment and Scope: Terms of the dealer's appointment as consignee and the scope of authority to sell the vehicle
5. Vehicle Details: Comprehensive description of the vehicle including make, model, year, VIN, condition, and existing warranties
6. Consignment Period: Duration of the consignment arrangement, including start date, end date, and renewal terms
7. Pricing and Commission: Agreed minimum sale price, commission structure, and payment terms
8. Responsibilities of Consignee: Dealer's obligations regarding vehicle display, maintenance, marketing, and sales efforts
9. Responsibilities of Consignor: Vehicle owner's obligations including providing documentation and maintaining valid registration
10. Insurance and Risk: Insurance requirements and allocation of risk during the consignment period
11. Vehicle Maintenance and Storage: Terms for vehicle storage, maintenance, and permitted use during consignment
12. Sales Process: Procedures for price negotiation, acceptance of offers, and completion of sale
13. Payment Terms: Process for handling sale proceeds, commission payment, and transfer of funds
14. Termination: Conditions and process for early termination of the agreement
15. General Provisions: Standard legal provisions including governing law, notices, and amendment procedures
1. Test Drive Protocol: Specific procedures and liability arrangements for test drives - include when test drives will be permitted
2. International Sales: Additional provisions for cross-border sales - include if international buyers will be targeted
3. Multiple Vehicle Addendum: Additional terms for consigning multiple vehicles - include when more than one vehicle is involved
4. Restoration Services: Terms for any restoration or repair work to be performed - include if vehicle requires work before sale
5. Marketing Budget: Specific provisions regarding marketing expenses and cost sharing - include if significant marketing investment is required
6. Exclusivity Clause: Terms granting exclusive rights to the dealer - include if dealer requires exclusivity
7. Sub-Consignment Rights: Terms allowing or prohibiting sub-consignment to other dealers - include if relevant to business model
1. Schedule 1 - Vehicle Condition Report: Detailed inspection report documenting vehicle condition at time of consignment
2. Schedule 2 - Vehicle Documentation: List of all vehicle documents provided (registration, service history, etc.)
3. Schedule 3 - Commission Structure: Detailed breakdown of commission rates and calculation methods
4. Schedule 4 - Insurance Certificates: Copies of relevant insurance policies and certificates
5. Schedule 5 - Photographs: Official photographs documenting vehicle condition at consignment
6. Appendix A - Agreed Minimum Price Calculation: Documentation of agreed minimum price and market valuation
7. Appendix B - Marketing Plan: Detailed marketing strategy and activities to be undertaken
Authors
Automotive
Luxury Goods
Retail
Financial Services
Insurance
Transportation
Classic Cars
Vehicle Trading
Legal
Sales
Operations
Finance
Compliance
Business Development
Vehicle Operations
Risk Management
Contract Administration
Dealership Manager
Sales Director
Legal Counsel
Compliance Officer
Vehicle Sales Representative
Business Development Manager
Operations Manager
Finance Manager
Insurance Coordinator
Vehicle Collection Manager
Classic Car Specialist
Automotive Portfolio Manager
Contract Administrator
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