Lake Placid Festival Of Cars (LPFC)

COLLECTOR CAR AUCTION CONSIGNMENT FORM

Complete this form and fax or mail back with copies of your title (front and back) and your payment.

Vehicle Description: Year_____ Make________________ Model_______________

V I N #___________________Location: __ Door Post ___ Window ___Motor ___ Frame

Owner: Name______________________________________

Address:Street_____________________________________

               City______________________State___ Zip Code_____________

               Email_____________________  Telephone____-___-____________

Special History: __________________________________________________________________________________________________________________________________________________________________________________________________________________

Restoration, Awards, etc: __________________________________________________________________________________________________________________________________________________________________________________________________________________

License Info: License #: ___________ State: _______ Expiration Month: ____________ Year:  (if applicable) ____________

Stated Mileage: Actual: _____________Over 99999: _______ Unknown: ______

VEHICLE PRICE:

____NO RESERVE: The seller has no protected price. The vehicle will be sold to the highest bidder regardless of the dollar amount. Cars sold in this manner pay an Entry Fee of only $99 for a prime position plus the posted commission of 5%.

____RESERVE: With Protected Price: $___________ Cars sold in this manner pay an Entry Fee plus the posted commission of 7%.

Lake Placid Festival of Cars (LPFC)

CONSIGNMENT FORM (CON’T.)

ENTRY FEES:

    ___$99 Standard Sale Position

                                     ___$99 No Reserve Price Prime Time Sale Position

                                  ___$149 Reserve Price Prime Time Sale Position

No Consignments accepted without Entry Fee.

AGREEMENT:

 

Please BE SURE to enter the price at which you wish to protect your car.
If the seller has a protected price (reserve), and the Bid reaches the protected price, the car is sold to the highest bidder.
If the Bid is below the protected price, the seller has the option to accept or refuse the last bid.
The Protected Price may be lowered at any time by Seller. Protected Price cannot be raised.

CREDIT CARD INFO:

 

Payment accepted via fax by Visa/MasterCard or by Mail-in of Check, Money Order or Visa/MasterCard.

Number: __________________ Expiration Month: ___ Year:____

By signing and submitting this Form, Authorized Seller accepts all terms and information as stated above and in accompanied Entry Guidelines, and realizes this form is legally binding.

Signature:_________________________ date: ________

                      Lake Placid Festival of Cars Auction Rules and Regulations

Sale Position Sale position will not be held until entry fee is paid. Choice of sale position is based on a first come, first served basis as entries are reserved. However, LPFC, reserves the right to alter the placement of sale vehicles to LPFC Auction's desired sale position.

If an auction entry is cancelled within 5 days of the original entry, the entry fee will be refunded minus a $25.00 handling fee. After 5 days no refunds or credits will be issued for cancelled entries.

LPFC Auction will service the needs of all customers to the best of our ability. However, customers who do not announce the car they are entering into the sale will not be eligible for those positions deemed “prime positions” in the sale.

Customers with “prime position” numbers are not eligible to change cars once the car is declared (announced). If the announced car is not brought to the auction, you are subject to the loss of the “prime position” in the sale.

Once a car is announced and the paperwork submitted, there will be a $50 service fee if you change cars.

Titles Your title must be in possession of the auction company at sale time. Exceptions will be made for a title held by a lending institution having a lien.

A copy of your title or registration (for non-titled vehicles) front and back is required in advance of auction. Dealers must provide appropriate proof of ownership and dealership registrations.

Titles must be negotiable. Example: an open title, one not in your name, must be assigned to you before reassignment. On non-negotiable titles, funds will be held in escrow until proper title is obtained. Seller agrees that he/she is responsible for any previous tax or title obligations on said vehicle and is responsible to provide purchaser with a proper document of sale.

Serial numbers on entered vehicles must match ID NUMBERS or VIN on title. CARS WITHOUT A VIN OR INCORRECT VIN WILL NOT BE ALLOWED IN THE SALE. Entry fees will not be refunded on cars rejected on sale day. Please check your serial number prior to coming to the sale, especially Model A's and Street Rods, to avoid complications. Our staff can assist you on titles with typographical errors.

Vehicles with liens must be pre-approved by auction office and must be accompanied by a letter from the lien holder stating the lien release condition. A $50 lien fee will be assessed. .