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Auto Consignment Agreement

Auto Consignment Agreement Template for Germany

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Key Requirements PROMPT example:

Auto Consignment Agreement

"I need an Auto Consignment Agreement for my luxury car dealership in Munich, covering high-value vehicles (€100,000+) with potential international sales, including specific provisions for exclusive worldwide marketing rights and enhanced insurance coverage for vehicles during showroom display and test drives."

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Document background
The Auto Consignment Agreement is essential for businesses operating in the German automotive market where vehicle owners wish to sell their vehicles through professional dealers without transferring ownership until sale. This document is particularly relevant in situations involving high-value vehicles, classic cars, or when owners prefer professional handling of the sales process. The agreement must comply with German commercial law (Handelsgesetzbuch), vehicle regulations, and consumer protection requirements. It typically includes comprehensive details about vehicle handling, commission structures, insurance requirements, and sales procedures, while ensuring compliance with German anti-money laundering regulations and data protection laws. The document serves as a crucial tool for establishing clear responsibilities and protecting both parties' interests throughout the consignment period.
Suggested Sections

1. Parties: Identification of the consignor (vehicle owner) and consignee (dealer), including full legal names, addresses, and business registration details

2. Background: Brief context explaining the purpose of the agreement and the parties' intentions regarding the consignment arrangement

3. Definitions: Key terms used throughout the agreement, including technical and legal terminology specific to vehicle consignment

4. Appointment and Scope: Details of the consignment appointment, scope of authority, and exclusivity terms if applicable

5. Term and Termination: Duration of the agreement, renewal terms, and conditions for termination by either party

6. Consignment Process: Procedures for vehicle handover, documentation requirements, and condition assessment

7. Pricing and Commission: Structure of pricing, commission rates, and payment terms including minimum sale price requirements

8. Responsibilities of Consignor: Obligations of the vehicle owner including provision of documentation and warranties regarding vehicle ownership

9. Responsibilities of Consignee: Dealer's obligations including vehicle maintenance, marketing, showing vehicles, and sales process

10. Vehicle Care and Insurance: Requirements for vehicle storage, maintenance, and insurance coverage during consignment

11. Risk and Liability: Allocation of risks and responsibilities for damage, loss, or claims during the consignment period

12. Compliance: Obligations regarding regulatory compliance, including vehicle registration, anti-money laundering, and data protection

13. Dispute Resolution: Procedures for handling disputes, including jurisdiction and applicable law

14. General Provisions: Standard contractual clauses including notices, amendments, and severability

Optional Sections

1. Marketing and Advertising: Specific terms regarding marketing efforts and advertising responsibilities - include when marketing arrangements need detailed specification

2. Multiple Vehicle Provisions: Additional terms for handling multiple vehicles under consignment - include when dealing with fleet owners or multiple vehicle consignments

3. International Sales: Provisions for international buyers and cross-border sales - include when dealer has international operations

4. Digital Services: Terms regarding online listings and digital sales platforms - include when specific digital services are part of the arrangement

5. Restoration Services: Terms for any restoration or repair services offered - include when dealer provides vehicle improvement services

6. Exclusivity Provisions: Detailed terms regarding territorial or platform exclusivity - include when exclusive rights are granted

7. Financing Options: Terms regarding financing arrangements for potential buyers - include when dealer offers financing services

Suggested Schedules

1. Schedule 1 - Vehicle Details: Comprehensive description of the consigned vehicle(s) including specifications, condition reports, and photographs

2. Schedule 2 - Pricing Structure: Detailed breakdown of pricing parameters, commission rates, and payment terms

3. Schedule 3 - Required Documentation: List of required documents for vehicle consignment and sale

4. Schedule 4 - Operating Procedures: Detailed procedures for vehicle handling, showing, and sales process

5. Schedule 5 - Insurance Requirements: Specific insurance requirements and coverage details

6. Appendix A - Condition Report Template: Standard template for vehicle condition assessment

7. Appendix B - Handover Checklist: Checklist for vehicle handover process and required documentation

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions








































Clauses

































Relevant Industries

Automotive

Retail

Vehicle Trading

Luxury Vehicles

Used Cars

Classic Cars

Fleet Management

Automotive Finance

Vehicle Leasing

Automotive Services

Relevant Teams

Legal

Sales

Operations

Finance

Compliance

Risk Management

Business Development

Vehicle Assessment

Customer Service

Documentation

Relevant Roles

Automotive Dealer Principal

Sales Director

Legal Counsel

Compliance Officer

Fleet Manager

Vehicle Sales Manager

Business Development Manager

Operations Manager

Finance Manager

Risk Manager

Contract Administrator

Dealership Owner

Sales Consultant

Vehicle Assessment Specialist

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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