Required Down Payment
10% of the total vehicle price or $250 whichever is greater. Up to $250 of the down payment can be applied using a credit card or PayPal.
Payment options
Acceptable payment methods are cash, certified bank check, USPS money order, or a bank to bank wire transfer. No other forms of payment
will be accepted. Up to $250 of the down payment may be applied using a credit card or PayPal.
Payment schedule, due date and late payment fees
A monthly payment in the amount of 10% of the total vehicle price or $250 whichever is greater is due on the assigned day designated by
the contract. The vehicle must be paid in full no later than April 15th 2013. A late payment fee of $10/day will be assessed starting on
the 1st day late. It is the responsibility of the buyer to complete all payments prior to due date. Late payment fees will not be refunded
in the event of default or cancelation of contract.
Accessories or additional repairs
Should you choose to have us perform any additional repairs or install any accessories on your vehicle, these must be paid for in full prior
to being ordered or completed and are considered separate from the down payment and any subsequent monthly payments. Monies paid towards accessories
or additional repairs will not be refunded in the event of default or cancelation of contract.
Storage, pick-up and late pick-up fees
The vehicle must be paid for in full by April 15th 2013 and must be picked up no later than April 30th 2013. A 24hr notice prior to pick-up is required.
Storage will be assessed at $10/day starting May 1st. Storage fees will not be refunded in the event of default or cancelation of contract. All fees must be paid prior to pick-up.
Default or cancelation
The contract is deemed to be in default when any payment (down payment, monthly payment, late payment fee(s), or final payment) is found to be in
excess of 7 days late. Default or cancelation of contract will result in the assessment of a fee in the amount of 10% of the value of the vehicle plus $250.
Changing vehicles during contract period
If you decide to purchase a different motorcycle after beginning this contract you will be assessed the following transfer fee; $100 if transferred during the
first 30days of contract; $200 if transferred 31-60 days into contract, $300 if transferred 61-90 days into contract and $400 for any duration in excess of 90 days.
Only one vehicle change is allowed per contract. This fee along with signed transfer request must be received within 7 days of decision to change vehicles. Transfer
fees will not be refunded in the event of default or cancelation of contract.
Promotions
Any and all promotions available at, or during the contract period do not apply to a vehicle that is being purchased under this layaway program.
* Terms and conditions subject to change without notice.