Vehicle Consignment Agreement - Miles Through Time Automotive ... 2025

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Luckily, there are banks, credit unions, and alternative lenders that can provide consignment shop financing.
Consignment fees can be too high for some sellers. If it is a percentage based fee, the typical numbers are between 5-15% of the final sales price. If it is a fixed rate, the fees associated could be $250 - $1000. There is less control over how your vehicle is sold.
Car consignment in a nutshell Consigning your car means letting someone else (a consignment company aka a consigner) sell your car for you. You pay them a nominal fee and they handle every aspect of the sale on your behalf. Listing, selling, shipping.
A consignment agreement is a written agreement between two people that allows one, the consignor, to hand over goods to another party, the consignee, for the consignee to sell on behalf of the consignor. Upon sale, theyll pay the consignor a percentage of the sale price as a commission.
Car consignment is a process where a car owner partners with a dealership or an agent to sell their vehicle on their behalf. Unlike a typical sale where the owner handles all aspects of the transaction, in a consignment sale, the professional dealer manages everything from marketing to finalizing the deal.

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Consignment works well from both sides. As a buyer, car consignment means you can trust that the car youre buying has been vetted by someone who has a vested interest in making you happy.
Consigners are most often found at established automotive dealers due to natural synergies between consignment and outright sale. In exchange, of course, consigners typically require compensation in the form of a consignment fee.

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