Looking to sell some firearms Velocity Works is happy to take your firearms on consignment and take the hassle and legal concerns of selling firearms off your shoulders. Selling a firearm privately can be time consuming, frustrating, and may leave you unsure if the buyer can legally own a firearm. Let us do all the dirty work! Compared to an outright sale or pawn with other shops, we’ll get you more money too!
CONSIGNMENT POLICIES :
Consignor agrees to place the items listed below on consignment with Velocity Works, LLC to try to sell them under the terms of this agreement. Velocity Works, LLC agrees to accept the items listed for consignment sale under the terms of this agreement. Velocity Works, LLC will:
- Inspect all of the items listed in this agreement, and will determine condition and functionality.
- Write up the description and specifications necessary in order to offer the items for sale.
- Will advertise and offer the items for sale as it deems appropriate.
When the items consigned are sold and final payment is made by the buyer, the Consignor will receive their net amount within 30 days. The Consignor represents that they are the rightful owner of the items listed, and that the items are free of any encumbrance. The Consignor agrees that, as Velocity Works, LLC is required to complete all inspections and specifications, prepare the items for sale, and advertise the items, that the items consigned will be left on consignment with Velocity Works, LLC for a minimum of 60 days.
After 60 days, if not sold, consignor may pick up firearm or renew agreement in person within 15 days. Consignor must complete a form 4473 and undergo a NICS background check to pick up their firearm. After 15 days a $5.00 per day storage fee will be assessed, at discretion of manager.If firearm is not picked up within 30 days after agreement expires, the firearm becomes property of Velocity Works, LLC, at discretion of manager. While this agreement is in effect, Consignor agrees to grant the exclusive right to market and sell the items listed below to Velocity Works, LLC.
ALL ITEMS MUST BE IN GOOD CONDITION AND CLEAN: Consignee reserves the right not to display any consigned item found on close inspection to be defective. Such items not reclaimed by the consignor within 15 days of notification, the firearm will become property of Velocity Works, LLC.
LIABILITY: Consignee shall be liable to Consignor for any loss or damage suffered to Consignor’s merchandise, including, but limited to, loss or damage to such merchandise from fire, theft, or other casualty up to amount of Consignor’s minimum sale price.
FEES AND SERVICES: Consignment fee shall be 25% of the selling price of the item. For this fee, Consignee will inspect, photograph, and list item for sale in store, on website, and on auction sites (at the discretion of the Consignor). Consignor will cover any final value fees and listing fees for auction sight (if applicable).
After consignment percentage is deducted from the selling price, a check will be issued for the remaining balance to consignor (minus any applicable auction site fees). If consignor does not pick up check within 14 days, check will be mailed to their address of record on file via U.S.P.S for an additional fee of $5.00.