Document 6466032

Transcription

Document 6466032

DEALER REGISTRATION PACKAGE
Please read, complete and return original signed documents.
If something does not apply to you, please write N/A.
Thank you for registering with Norfolk Auto Auction!!
Check List:
NAA Dealer Registration Application (Page 2)
Authorized Representatives (Page 3) You will need this filled out by each representative if they plan to buy or sell vehicles under this
dealership. Please provide us the original signed document.
Guaranty (Page 4) Power of Attorney (Page 5) You’ll need this if you want us to send titles by UPS. Please provide us the original signed document. Bank Authorization Letter (Page 6) You will need this if you plan to buy at our auction using company checks. Please sign the Bank
Authorization Letter to authorize information release and then send to your bank for completion. A copy of the Current Salesperson License for each person that wants to buy or sell at our
auction.
A copy of the Driver’s License for each person that wants to buy or sell at our auction.
A copy of your Company Check (with bank address and telephone number).
Please visit our website to read more about our services, get directions,
and see pre-registered vehicle listings for upcoming auctions.
You can also download forms or apply online!
Norfolk Auto Auction • 1195 Lance Road • Norfolk, Virginia 23502
www.norfolkautoauction.com • Office: 757-932-8200 • VA/VAF #359 • VAR #619
Page 1 DEALER REGISTRATION PACKAGE
Application -‐ Business Information Name of Dealership
Legal Name (if different)
Address
City
Phone
Fax
Email
This dealership is a:
Individual
Corporation
You will pay in:
Buy
Sell
Type of Dealership:
Cash
Checks
If franchised, MAKE of car sold:
Wholesale
Retail
Zip
Website
You expect to:
Partnership
Used
State
Floor Plan*
*Subject to
Auction
Approval
Year Dealership was organized:
Franchised (New)
Federal Tax ID:
Auction and its insurers are authorized to investigate the credit
history of the Dealer and the Dealers owner though banks, financial
institutions, credit reporting agencies and other sources:
Dealership License No.:
Yes
List of Owners and Officers:
Name
Title
Social Security No.:
-Home Address
Home Phone
City
Cell
State
Zip
U.S. Citizen?
Yes
Name
Title
No
-Home Address
Home Phone
City
Cell
Zip
U.S. Citizen?
Title
No
-Home Address
Home Phone
City
Cell
State
U.S. Citizen?
Yes
No
Page 2 --
State
Yes
Name
--
-Zip
No
References:
Other auction you attend:
How long registered:
Other auction you attend:
How long registered:
Dealer or other business:
Dealer or other business:
AUTHORIZED REPRESENTATIVES The following person or persons are duly authorized to buy and sell automobiles, to execute checks or floor plans and to execute bills of sales,
assignments of titles and warranties of titles on behalf of Dealer. The authority of the following persons to act on behalf of Dealer shall continue in
full force and effect until terminated by Dealer in writing to NAA. Dealer does hereby guarantee all transactions made by such persons.
Name
Name
Home Phone
Authorized to:
Sell Vehicles
Buy Vehicles
Sign Checks
Cell Phone
Date of Birth
Social Security No.
Home Phone
Authorized to:
Sell Vehicles
Buy Vehicles
Sign Checks
Cell Phone
Date of Birth
Social Security No.
Representative’s Signature:
Representative’s Signature:
Owner’s Signature: (required)
Owner’s Signature: (required)
Photo ID:
Photo ID:
Scan/Copy, Paste or Affix it here!
Scan/Copy, Paste or Affix it here!
GUARANTY
For good and valuable consideration, each undersigned individual (“Guarantor”) represents and warrants that the title to
each vehicle presented by the dealer identified below (“Dealer”) for sale at Norfolk Auto Auction (NAA) will be a good and
marketable title, free and clear of all liens and encumbrances. Each Guarantor understands and agrees that he or she is
jointly and severally liable to NAA for any loss or claim of loss, damage, expense, or costs, including reasonable
attorney’s fees, incurred by NAA as a result of any breach of the foregoing warranty of title. Each Guarantor personally guaranties full payment of Dealer’s debts and obligations to NAA, including payment of any
check, draft, note, or other negotiable instrument issued by Dealer or its representatives to NAA, and payment of any cost
or expense, including reasonable attorney’s fees, incurred by NAA in collecting or attempting to collect such debts and
obligations. Each Guarantor understands and agrees that NAA may, in NAA’s sole discretion, refuse to transact business with Dealer,
modify or release any and all collateral security, extend or change time of payment, and settle or compromise matters with
Dealer, without notice to the Guarantor and without discharging or affecting the liability of the Guarantor. Each Guarantor
understands and agrees that this guaranty is continuing in nature. Each Guarantor waives notice of acceptance of this
guaranty, presentment, demand, protest, notice of non-payment or dishonor, and the benefit of any homestead
exemption. Each Guarantor understands and agrees that NAA’s failure to enforce its rights under this guaranty shall not
be a waiver of those rights. Each Guarantor understands and agrees that he or she shall be liable for Dealer’s debts and
obligations to NAA as a principal debtor and not merely as surety, and that any bankruptcy of Dealer or any assignment
for the benefit of Dealer’s creditors shall not affect the enforceability of this guaranty. This guaranty shall survive the termination of any agreement between NAA and Dealer and shall bind the respective
heirs, executors, administrators and assigns of each Guarantor and shall inure to the benefit of NAA, its successors and
assigns.
Dealer (print name)
GUARANTOR
GUARANTOR
Print Name
Print Name
Address
Address
City
State
Telephone
Date
Zip
City
State
Telephone
Date
Page 4 Zip
POWER OF ATTORNEY
The undersigned and its subsidiaries hereby duly appoint Norfolk Auto Auction (NAA) or any of its subsidiaries or
divisions, through NAA’s authorized employees and agents, to act as our ATTORNEY-IN-FACT to fill out, complete, sign
any and all papers and documents that may be necessary or helpful pertaining to the sale or purchase of vehicles through
NAA, including but not limited to titles, title transfer documents, bills of sale, and odometer disclosure statements.
In consideration of NAA’s agreement to execute such documents on our behalf from time to time, the undersigned shall
indemnify, defend, and hold harmless NAA, its affiliates, subsidiaries, officers, directors, employees, successors, and
assigns from and against any and all loss, damages, liability, claims, causes of action, and expenses of whatever kind of
nature arising from the execution or filling out by NAA or its employees or agents of any certificates of title, odometer
statements, bills of sale, or any other document necessary or helpful to the ownership transfer of vehicles purchased or
sold by the undersigned through NAA. Notwithstanding the foregoing, nothing contained herein shall be construed to
require the undersigned to indemnify NAA, its affiliates, subsidiaries, officers, directors, employees, successors, and
assigns from any loss resulting from any gross negligence or willful misconduct of NAA and/or its employees or agents.
This Power of Attorney shall be effective as of the date of signing hereof and shall continue in full force and effect until
written notice of termination is provided by either of the undersigned to NAA.
Company (print)
Federal ID No.
Owner’s Signature (required)
Name
Title
Driver’s License No.
Date
BANK AUTHORIZATION LETTER Bank Information
Authorization to release information
Name
Dealership name
Address
Signature
City
State
Phone
Fax
Zip
Print Name
Date
Account No.
INSURANCE COVERAGE
Co-Signer/seller assumes all risks of loss, liability, and damage incident to or arising out of any vehicle left on the Auction’s premises and co-signer/seller shall provide
insurance for such loss, liability and damage. Auction will require proof of such insurance. Co-signer/seller agrees that Auction shall not be liable to co-signer/seller or its
Authorized Agents for injury to or death nor for loss or damage to property (including the property of Dealer) occurring in or about the Auction’s premises from any cause
whatsoever, even if the cause or damages or injuries are alleged to be the fault or caused by the negligence or carelessness of the Auction.
VEHICLES NEED TO FALL UNDER INSURANCE POLICY. Insurance Company Name
Policy No.
Agent Name
The section below is to be completed by your banking institution Your bank has been listed by the above named dealership as its banking reference. Norfolk Auto Auction is wholesale automobile auction for licensed
new and used car dealers. Since we guarantee all dealer checks for cars bought at the auction, we require that dealers doing business with us
establish their financial credibility. Please complete the below estimate of this account. This information will be held strictly confidential and will be used
only for the purpose of establishing the credit worthiness of the dealership.
Date account opened
Is the account in the dealers name?
Yes
NSF Checks?
Yes
No
Yes
No
If yes, please give details:
No
Annual Average Balances are:
LOW
MEDIUM
HIGH
This Dealer is:
3 figures
4 figures
5 figures
A valued customer with a good reputation
Honest and reliable, but short on capital
A new customer with our institution
Maximum Credit Extended:
Secured $
Floor Plan Line:
Unsecured $
New Car Inventory $
Above information provided by: (name of bank employee)
Date
Do you floor plan this account?
Used Car Inventory $
Employee title
Please mail original to:
Norfolk Auto Auction, Attn: Dealer Registration, 1195 Lance Road, Norfolk, VA 23502
POST SALE INSPECTIONS
Post-Sale Inspection $90.00
Post-Sale Inspections provide a 7-day or 200 mile guarantee, whichever comes first, are available
on all vehicles that are:
• Green Light • Under 175,000 miles • 12 years or younger • Purchased for $2,000 or more (not counting commissions and fees) Check and Advise $75.00
Provides the buyer with a professional assessment of the mechanical function/status of the vehicle,
as does a Post-Sale Inspection, but without warranty. What’s Covered
Mechanical operation of the vehicle (engine, transmission and powertrain in accordance with our
Arbitration Policy, excluding Announced Conditions).
Conditions
• Post-Sale Inspections or Check and Advise must be purchased within one hour of vehicle
purchase. • Post-Sale Inspections or Check and Advise are required on all on-line or absentee purchases. • Post-Sale Inspections exclude the following vehicles: In-ops, Specialty ‘S’, Red Light, Land Rover, VW Touareg, Chrysler 2.7 liter engine,
Government consignments, Collector and Exotics, modified, kit built or grey market. • The auction reserves the right to repair vehicle or cancel sale. Effective March 1, 2014
Page 7

Document 6466032

Transcription

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