Retention Of Title
Title to vehicle shall remain vested in All Cars Group T/A ACG Motors and shall not pass to {the Buyer} until the purchase price for vehicles has been paid in full and received by All Cars Group Ltd T/A ACG Motors
Part Exchange – Terms and Conditions
The terms below will apply to every purchase of a vehicle arranged through All Cars Group Ltd T/A ACG Motors. Please note that all communications, whether by email, internet, telephone, fax, post, face to face or other means are conducted on a “subject to contract” basis.
Seller’s Warranties
The Seller expressly warrants that all the information supplied during the valuation process is accurate and true.
The Seller warrants that the vehicle is not subject to undisclosed finance.
The Seller warrants to the best of his knowledge and belief that the vehicle has not been an insurance write-off or involved in any other serious accident that required substantial remedial repairs.
The Seller warrants the mileage reading on the vehicle is true and accurate and that the odometer has not, to the best of his knowledge and belief, been tampered with.
The Seller warrants that there are no undisclosed physical defects with the vehicle that All Cars Group T/A ACG Motors would want to be informed about (including cut and shuts, mechanically unsound or inoperable, un-roadworthy and/or chassis damage and the like).
The Seller warrants that there are no undisclosed “title defects” with the vehicle that All Cars Group T/A ACG Motors would want to be informed about.
The Seller warrants that he is the legal owner of the vehicle, has the right to transfer the full unencumbered legal title and full ownership of the vehicle to All Cars Group Ltd T/A ACG Motors.
The Seller warrants than no other person has any claim to the vehicle whether legal, equitable, possessory or otherwise.
Vehicles subject to Finance
It is the responsibility of the Seller to disclose to All Cars Group Ltd T/A ACG Motors any existing finance associated with the vehicle. All Cars Group T/A ACG Motors will inform the Buyer who may agree to settle off the existing finance in lieu of payment (or part payment) of the vehicle to the Seller at its absolute discretion. If the agreed sale price of the vehicle is lower than the settlement figure required to fully settle any related finance, the Seller must pay All Cars Group T/A ACG Motors the difference between the settlement figure and the agreed sum in advance of All Cars Group T/A ACG Motors settling off the outstanding balance on the finance. Failure by the Seller to pay such a sum (and put All Cars Group Ltd T/A ACG Motors in cleared funds) will automatically render the contract between the parties terminated. The Seller remains liable to the finance company in respect to the related finance at all times until the credit agreement has been legally terminated. All Cars Group Ltd T/A ACG Motors does not accept any liability with respect to the related finance at any time or for any reason. The Buyer will use its best endeavours to pay off the settlement sum before or on the due date. However no liability is accepted if payment cannot be made by the due date due to unavoidable circumstances.
Inspection
The vehicle will be inspected by the Buyers representative prior to payment/trade in. A revised valuation may be offered where
(i) the vehicle does not fully comply with the information provided during the valuation process,
(ii) where the condition is such that it has a substantial impact of the value of the vehicle and/ or
(iii) other relevant factors not disclosed affect the valuation.
Miscellaneous Items
When the Seller hands over the vehicle, he shall provide All Cars Group T/A ACG Motors with all the necessary documentation relating to the vehicle such as service record and invoices, V5 (log book), road tax disc, spare keys, manuals etc. Failure by the Seller to handover neccessary documentation (and put All Cars Group Ltd T/A ACG Motors in cleared title) will automatically render the contract between the parties terminated.
In the event of the non-fulfilment of any of the foregoing conditions, the Dealer shall be discharged from any obligations to accept the said used Vehicle in part exchange or to make any allowance in respect thereof, and the Customer shall discharge in cash the full price of the Goods to be supplied by the Dealer.
YOUR LIABILITY
You will compensate us in full for any losses or costs, including reasonable legal fees, we incur as a result of any breach by you of these Terms.
Enforceability
In the event of any one or more of these terms and conditions being declared unenforceable, the remaining terms and conditions shall nonetheless remain in full effect. By purchasing the vehicle it is believed the customer is in acceptance of all these terms stated in this whole agreement.
General Terms and Conditions. Please note you will not own the vehicle outright until all payments are made.
If you default on your finance payments, then the vehicle may be repossessed by the finance provider.
You must be 18 years or older to apply for finance. Finance is not guaranteed, and any finance application is subject to a credit check and individual circumstances.
This contract is subject to the law of England and Wales. The parties submit to the exclusive jurisdiction of the courts of England and Wales.
If you require any further information please do not hesitate to contact us. The finance provider will have their own Terms and Conditions, please contact them directly for further information.