VEHICLE CONSIGNMENT AND SALES AGREEMENT
Exclusive listing with the exclusive right to sell
I or We, the undersigned, hereinafter called the Consignor and P.I. Motorsports, Inc, hereinafter called
the Consignee agree as follows:
1.
The Consignor consigns and delivers possession of the following vehicle to Consignee:
Make___________________________________Model_____________________
Year____________I.D. Number_____________________________
Mileage___________________License Number____________________ State________________
2.
The delivery of this vehicle is on consignment and is not a sale of the vehicle to the consignee. Con-
signor hereby tenders $160.00, which represents a nonrefundable first month’s fee for advertising expenses,
clean-up and storage. Consignor agrees to pay $160.00 as a monthly advertising, clean-up and storage fee at
the first day of each month that the vehicle is stored on Consignee’s premises. Complete detailing is available at
extra cost and is not included in the monthly fee.
3.
Consignee accepts possession of consignor’s vehicle on consignment and will attempt to sell the ve-
hicle at a price of no less than $______________________. Consignor shall have the final approval of any pro-
posed sale of the vehicle. This agreement is effective and valid for 180 days from the date of this agreement. The
terms of this agreement are that the dealer shall return the vehicle to the consignor, or, enter into a new agree-
ment at the termination of this consignment agreement.
4.
Consignor must have good title to the vehicle and provide proof of it. Consignee must be able to show
that the title is free and clear from all claims and liens or that the lien holder will cooperate with any sale made.
Please state any liens or loans against this car_____________________________________________________
____________________________________________________________________________________________
5.
Consignor warrants that the vehicle is free of any physical or mechanical defects except as follows:
________________