Do you have a car to sell?

Consignment selling is where a licensed motor dealer (consignee) agrees to sell a vehicle on behalf of the individual owner (consignor) of a motor vehicle. After the sale, the motor dealer pays the owner the agreed sale proceeds less any agreed commission.

If you agree to sell a motor vehicle on consignment you must have a written agreement. The consignment agreement must include:

• The name, address and license number of the consignor and the consignee.
• A description of the vehicle, including registration number or vehicle identification number (if not registered).
• The details of any encumbrance (including the amount) or a statement that there is no encumbrance.
• An agreed price to be paid to the consignor.
• The directions for disbursements of the agreed price specifying any required amount to discharge any encumbrances.
• The date of commencement, termination or period of consignment.

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