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To complement our Sales and Locating services, Buxton Motorsports, Inc.
will also gladly receive your
current
sports or luxury automobile on consignment. We are always looking
for
quality vehicles
to represent in our inventory, and a Consignment allows our clients
relief from the
hassles of advertising their vehicles, answering late night telephone
inquiries, e-mailing pictures to prospective buyers and allowing
strangers
to interrupt their evenings and weekends with test drives and “tire
kicking” sessions. Our service also takes the financial risk
out of the sales process. When we handle the sale of your vehicle
you
don’t have to worry about a personal check bouncing, receiving a forged
cashiers check, having a money wire reversed, filling out titles and
other documents incorrectly (resulting in frustrations with the
Department
of Motor Vehicles), or being subject to a lawsuit from a less than
honest buyer for an implied or verbal warranty claim. Our
services allow you to receive top dollar for your vehicle with none of
the hassle of the retail sales process.
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| On average we
sell 99% of our consigned
vehicles, and most of the time about 50% of our inventory is comprised
of
vehicles
consigned to us by clients from all over the United States.
Consignments have been and continue to be a very important part of our
business.
When reviewing your options, consider our consignment services
to:
return a fair market value for your vehicle; have your car advertised
nationally by
auto enthusiasts who are familiar with your vehicle; have it shown to
the
clientele who will have an interest in it; free up more of your
spare time;
and reduce your exposure to liability or fraud. We can also
increase the likelihood of a sale with our access to enclosed
transportation, aftermarket warranties and financing or leasing options.
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The
Process:
As
with any transfler of property,
information is vital for the quick sale of your vehicle. The more
information we have the easier it will be for us to find a buyer.
During our initial conversation I will inquire as to the year, make,
model, and mileage of your automobile, as well as more specific items
such as options, the availability of ownership and service history, as
well as any
aftermarket upgrades or changes that may have been made to the
vehicle. We will require to have physical possession of your
vehicle, as it
greatly increases the chance of a quick sale. It is much easier
for us to accurately represent your auto to
prospective buyers and to deal with those buyers when we
have the vehicle available to send extra photos, participate in a
FaceTime session, or show the vehicle to a walk-in client.
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Marketing
and
selling high-end automobiles is a very specialized process, and our
market reach and long-term business relationships with other dealers
& private buyers is what will get
your vehicle sold. We offer the best and most direct marketing,
and we always attempt to obtain the highest possible sales price.
Your auto will be
advertised not only just in our showroom, but nationally / worldwide
via our internet web
page; to wholesale
and retail dealers who specialize in similar makes and models; on
marque-specific websites; and to a network of private buyers that are
currently searching for your specific model vehicle. Aiding in
the sales process is our ability to offer a variety of aftermarket
warranties on all qualifying vehicles. Prospective buyers often
feel a great sense of comfort and peace of mind when considering
vehicles that
qualify for such warranties - which only increases the likelihood of a
sale. We also offer door-to-door transportation of the vehicle to
its new owner. Our goal is to reward every single client with
an exceptional automotive purchase and ownership experience from start
to finish.
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Requirements
for Consigned Vehicles:
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Only quality
automobiles
accepted. We prefer to not
represent salvage title,
rebuilt title or true-mileage unknown vehicles.
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Owners awareness of actual
market prices of vehicle, and willingness to accept a fair
market value.
1. Accept what your car is worth, based on
confirmed sales and not wishful asking prices on web sites or in
various publications. Asking prices do not set the market!
2. If your car doesn't sell in the first
month, and you really want to turn it into money, be prepared to drop
the price about 5% every two or three weeks until it sells. Keeping an
overpriced vehicle with my company is a waste of our time and
yours. The goal is to sell the vehicle! I guarantee there
is a number at which it will sell; you just might not like it -- at
first.
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Vehicles should be
mechanically
sound, serviced and in proper working
order. Offer it for sale as you would want to purchase it.
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Information
about
history of
vehicle must
be available. Copies
of service records and a
copy of the
title are
very important to our
ability to
retail the vehicle at a
market correct price. |
Consignment
agreement
is
for a minimum 30 day
period. We require a reasonable amount of
time to prepare the
vehicle for sale, and to market and advertise
it
correctly.
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Vehicles must
be detailed
and
in retail sales condition. If
it's dirty, our Detail Shop
will do it right!
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*Please
note that BMI is not interested in nor will we broker vehicles with
odometer discrepancies, salvage and/or rebuilt titles, or any vehicles
with any such tainted histories. In order to begin the process, a
very reasonable $350.00 deposit is required to cover a full interior
and exterior detail, an installed Schumacher battery tender, our time
in the write up, and any
advertising and marketing expenses that we incur. (If your
vehicle already has a battery tender installed the consignment fee is
only $300.00). Any mechanical
or cosmetic repair necessary to bring a vehicle to salable condition
will be the financial responsibility of the Owner / Consignee. |
Consignment Fees: |
Our
compensation for
our services
will be obtained from the final selling price of the vehicle, and at
most will
amount to no less than 10% of the Gross selling price of the first
$50,000.00, with 2.5% applied to any amount over the initial
$50,000.00, and a $2,500.00
minimum on all sales, not including the initial consignment
fee. Any compensation accepted below 10% will be subject to the
approval of Buxton Motorsports, Inc. staff.
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Frequently
Asked Questions:
"Where will my
vehicle be advertised and marketed?"
BMI spares no expense to ensure that all of our inventory is being
advertised in the right places. Aside from our home page, which
is already a highly visited website, we advertise our entire
inventory on over 20 major third-party sites. BMI also
participates in e-mail, newspapers and other print ad campaigns.
"How do I get my
vehicle to your facility?"
In the event that the vehicle is not local to BMI, we have an extensive
network of professional car transporters at our disposal. We will
work with your schedule to transport your vehicle
safely and efficiently to our facility.
"Do I need to have
my title-in-hand to consign my car?"
If a vehicle currently has a lien from a bank or financial institution
we can still consign that vehicle. When the vehicle is sold the
payoff is made to the appropriate lien holder and the remainder is paid
to the Owner / Consignee. To make the sales process more efficient we do
require keeping a copy of your title in our possession (any buyers
obtaining financing will need to present a copy of the title to their
lender in order to complete their pre-approval process). Should
you prefer to leave your title with us it will be stored in our
fireproof safe along with the titles to all of our own inventory.
"What other
paperwork and documentation do you need?"
A copy of your drivers license is required, along with a copy of the
vehicles registration & insurance (if applicable). Any
documentation of your vehicle is also very helpful to the sale process
such as service records, window sticker, documents of restoration and /
or ownership history of the car.
Please call
today
to discuss any questions you may have concerning the consignment of
your automobile. |
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*References provided upon request, or
view our testimonials page for referrals from some of our satisfied
clients.
For
Nationwide
Enclosed Auto Transportation, We Utilize:
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