|"We like to run our business and relationships
on trust and respect, not legal documents and attorneys. The
agreements are meant to help communicate how we do business and
expectations of all parties involved." Harlan Goerger, Pres.
Consignment Agreement and Terms
Policy and Standards for Consignments.
The following outlines our consignment agreements. The purpose of
consignment is to provide a service to sell your vehicle with us getting
paid only when a sale is made.
To do this we have an investment up-front with file setup, advertising
fees, staff time, phone calls and answering buyer questions. For this reason
we are looking for "serious" sellers that will work with us to get the job
done. In order to have a consignment work as smoothly as possible we use the
Consignment: This means you the seller agree to have us
advertise and promote your vehicle for sale. This means a commitment on the
seller's part to actually sell the vehicle when we have a buyer.
If sellers happen to sell the vehicle themselves they have an obligation to
notify us immediately that the vehicle is sold. If a seller
does not notify Hot Rods by HG™ of such sale with in 24 hours,
the seller may be subject to a service fee. Service fees
are to cover the above mentioned expenses that would normally be included in
the commission and will run 2-4% of listed sale price.
Notification can be by phone conversation with staff, e-mail,
fax or overnight mail. Leaving a message on voice mail or answering machine
is not considered notification.
Photos: In order for us to
successfully sell your vehicle in a timely manner with minimum hassle, we
must have high quality photos of the vehicle from various angles.
Shots needed are:
Send scans via email to:
Send scans on disk through the mail to: Hot Rods
by HG, Harlan Goerger, 5057 171st R Ave SE, Horace ND 58047.
Send actual prints to: the above address also.
Note: All photo's sent to us will become property of
Hot Rods by HG™ and will not be returned to the customer, unless prior
arrangements have been made.
Commissions: Consigned vehicles that are sold by Hot
Rods by HG™ will take a 10% commission on the sale. Project cars or vehicles
under $2500 value will take a 15% commission on the sale. Commissions are
based on the actual sale price of the vehicle. Items such as freight,
shipping, trucking, license, title are not included in the commission basis.
Funds: All funds will be handled through the accounts of
Hot Rods by HG™. This means the buyer issues funds to Hot Rods by HG™, who
holds the funds until all paper work, titles etc. and other requirements of
the buyer have been met. Upon final approval from the buyer, checks will be
issued to the seller by Hot Rods by HG™ for the sale amount, less
commissions or any other applicable expenses.
This policy assures the seller that we have an actual buyer as Hot Rods
by HG™ has the money in hand. It assures the buyer that they will get all
required titles and the type and quality of vehicle they understood they
Hot Rods by HG™ has a special account to which all buyer funds are
deposited and held until the transaction is completed. Buyers may direct
wire funds, letter of credit or use other types of funds to be deposited
prior to finalizing the sale. If personal or company checks are used for
payment, transaction will be on hold until check has cleared.
Pick-up and delivery: Once a buyer is secured there are
several options for transport.
1. The buyer or Hot Rods by HG™ can contact commercial
Freight Companies for pick-up and delivery of vehicle.
2. Buyer provides their transport and personally does a
3. Seller may have transport and deliver as part of the
package or for an extra fee.
4. Hot Rods by HG™ can coordinate pick-up through various
sources for an additional fee.
All shipping and handling of vehicles is above and beyond the
listed sale price.
Settlement of Disputes: Hot Rods by HG™ will at all
times in all transactions work to be fair with all parties. Should a dispute
from a buyer or seller arise during a transaction, all funds will be held by
Hot Rods by HG™ in a special account. Once the dispute is settled funds will
be released to the proper parties.
If any dispute should go to court, such court will be held in the State
of North Dakota, County of Cass. All legal actions will be in accordance to
State of North Dakota Law.
Warranties: Hot Rods by HG™ will do all they can to
assure accurate information is provided by the seller. All vehicles are sold
"as is" with out warranty. If problems do arise after a
sale, Hot Rods by HG™ may assist, within reason, the buyer in solving their
problem. Seller can provide warranty on their listed vehicle if they so
desire. Such warranties are solely between the buyer and the seller.
Acceptance: "Hot Rods by HGAcceptance:
"Hot Rods by HG™ does reserve the right
to refuse a consignment. All consignment vehicles are subject to a final
approval upon receiving pictures and vehicle information."
I have read and understand the Consignment Agreement and do
agree to the terms stated within, including the Service Fee if I fail to
notify Hot Rods by HG™ of the vehicle sale within 24 hours.
President Hot Rods by HG™