Document background
The Dealer Consignment Form is a crucial document used when a vehicle owner wishes to sell their vehicle through a professional dealership while retaining ownership until sale. This arrangement is common in Canadian jurisdictions where owners seek to leverage a dealer's expertise, facilities, and customer base to sell their vehicle more effectively. The document includes essential details such as vehicle specifications, pricing parameters, commission structures, and various responsibilities of both parties. It ensures compliance with provincial motor vehicle dealer regulations, consumer protection laws, and relevant tax requirements. The form is particularly important for protecting both parties' interests, establishing clear liability arrangements, and setting expectations for the consignment period. This document type is commonly used for automobiles but may also be adapted for other vehicles such as boats, RVs, or high-value equipment.
