Fill and Sign the Consignment Sale Form

Consignment Agreement for the Sale of an Automobile Consignment Agreement made on the _________________ (date) , between ______________________ (Name of Consignor) of _________________________________ _____________________________________ (street address, city, county, state, zip code) , referred to herein as Consignor , and ____________________ (Name of Consignee ) , of ____________________________________________________________________________ (street address, city, county, state, zip code) , referred to herein as Consignee . For and in consideration of the mutual covenants contained in this agreement, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 1. Consignee agrees to try and obtain $ ______________ (minimum dollar amount of purchase price) for the following vehicle: ___________ (year of vehicle) _______________ __________________ (make and model of vehicle) , ____________________________ (vehicle identification number) . Any amount above that price will be retained by Consignor . 2. It is agreed that the above vehicle will remain in Consignee 's possession for a minimum of ______ (number of weeks) weeks. A charge of $ ____________ (dollar amount of fee for detailing and cleaning) shall be paid to Consignor to cover detailing and cleaning if the vehicle is not sold. In addition, any and all fees required to repair the vehicle so as to make it operable will also be paid to Consignee upon presentation of repair bills, and authorization from Consignee to perform such repairs. 3. Consignor also agrees that Consignee is not responsible for loss or damage to the vehicle or articles in the vehicle. 4. Consignor grants to Consignee and Consignee 's employees permission to operate the vehicle on streets, highways, or elsewhere for the purpose of testing or inspection. 5. The invalidity of any portion of this Agreement will not and shall not be deemed to affect the validity of any other provision. If any provision of this Agreement is held to be invalid, the parties agree that the remaining provisions shall be deemed to be in full force and effect as if they had been executed by both parties subsequent to the expungement of the invalid provision. 6. The failure of either party to this Agreement to insist upon the performance of any of the terms and conditions of this Agreement, or the waiver of any breach of any of the terms and conditions of this Agreement, shall not be construed as subsequently waiving any such terms and conditions, but the same shall continue and remain in full force and effect as if no such forbearance or waiver had occurred. 7. This Agreement shall be governed by, construed, and enforced in accordance with the laws of the State of ______________. 8. Any notice provided for or concerning this Agreement shall be in writing and shall be deemed sufficiently given when sent by certified or registered mail if sent to the respective address of each party as set forth at the beginning of this Agreement. 9 . Any dispute under this Agreement shall be required to be resolved by binding arbitration of the parties hereto. If the parties cannot agree on an arbitrator, each party shall select one arbitrator and both arbitrators shall then select a third. The third arbitrator so selected shall arbitrate said dispute. The arbitration shall be governed by the rules of the American Arbitration Association then in force and effect. 10. This Agreement shall constitute the entire agreement between the parties and any prior understanding or representation of any kind preceding the date of this Agreement shall not be binding upon either party except to the extent incorporated in this Agreement. 11. Any modification of this Agreement or additional obligation assumed by either party in connection with this Agreement shall be binding only if placed in writing and signed by each party or an authorized representative of each party. 12. The rights of each party under this Agreement are personal to that party and may not be assigned or transferred to any other person, firm, corporation, or other entity without the prior, express, and written consent of the other party. 13. In this Agreement, any reference to a party includes that party's heirs, executors, administrators, successors and assigns, singular includes plural and masculine includes feminine. WITNESS our signatures as of the day and date first above stated. ________________________ _________________________ (P rinted name) (P rinted name) ________________________ _________________________ (Signature of Consignee) (Signature of Consignee)