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Dealer Registration Form

AUTHORIZATION AND GUARANTY

(REQUIRED BY 5-SAA)

The Undersigned Dealership (“Dealership”), The Partners Of The Dealership, If It Is A General Partnership (“Partners”), And Any Guarantors Of The Dealership’s Indebtedness To 5 Star Auto Auction LLC, If There Are Any Guarantors (“Guarantors”) , (Said Dealership, Partners And Guarantors Are Hereinafter Collectively Referred To As The Undersigned”) Do Hereby Jointly And Severally Agree As Follows: (1) The Dealership Authorizes The Authorized Representatives Listed I The Authorized Representatives Section Of The Foregoing Dealer Application (”Authorized Representative”), And Any Authorized Representative Appointed In The Future Via A Written Representative Executed By One Of The Individuals Who Has Signed Below And Provided 5 Star Auto Auction LLC (“5-SAA”), To Buy And Sell Automobiles For It, And In Connection Therewith To Execute Checks And Drafts And Any Necessary Instruments Or Documents On Behalf Of Individuals Who Have Signed Below To 5-SAA; (2) The Undersigned Further Guarantee Performance Of All Obligations And Transactions Of Such Authorized Representatives On Its Behalf Of And Agree To Indemnify, Defend And Hold Harmless 5-SAA, Its Affiliates, Subsidiaries, Officers, Auctioneers, 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, Including Its Attorney Fees Arising From (I) The Failure Of The Dealership To Pay Its Debt To 5-SAA, Including Any Checks Or Drafts Issued By Dealer Or Any Of Its Authorized Representatives And (Ii) The Transfer Of Ownership[ Of Any Consigned Vehicle; (3) The Dealership, All Partners And All Guarantors Hereby Authorize 5-SAA To Verify The Information Contained On This Application And Do Hereby Authorize All Financial Institutions Listed Herein (As Well As Other Institutions The Applicant May Bank With, Now Or In The Future) To Release And Disclose The Credit Information To 5-SAA.
The Undersigned Acknowledge That 5-SAA Shall Have The Right To Refuse Business With Dealer, Guarantors Acknowledge That 5-SAA Shall Also Have The Right To Modify Or Release Any And All Collateral Security, To Extend Or Change Time Of Payment And To Settle Or Compromise With Dealer Without Notice Guarantors And Without Discharging Or Affecting The Liability Of Any Guarantor Hereunder. This Guaranty Is To Be A Continuing Guaranty And The Guarantors Hereby Waive Notice Of Acceptance Of The Guaranty And Presentment, Demand, Protest, And Any Notice Of Non-Payment Or Dishonor. Guarantors Shall Be Liable As Principal Debtor And Not Merely As Surety, And The Bankruptcy Or Any Assignment In Favor Of Creditors Of Dealership Shall Not Affect The Enforceability Of Any Guaranty.
Notwithstanding The Foregoing, Nothing Contained In Here Shall Be Construed To Require Dealership To Indemnify 5-SAA From Loss Resulting From Any Willful Misconduct Of 5--SAA, It’s Employees Or Its Agents.
By Signing Below, Each Of The Undersigned Agrees To These Terms.

DEALERSHIP:

Legal Name of Dealership (Corp/LLC/LLP/Individual):

Trade Name of Dealership (Please print or type):

Dealers license #:

Expiration Date:

Title of Authorized Agent (Owner/Office/Operator):

*OWNER/PARTNER or GUARANTOR:

Name:

Partner:

Guarantor:

Ownership%:

Business address:

City:

State:

Zip:

Office Phone#:

Cell#:

Email:

Fax:

Social Security/Tax ID #:

Date of Birth:

Authorized Rep:

Yes No

Driver’s License #:

Issue Date:

Exp. Date:

State:

Owns Business Real Estate:

Yes No

Owns Residence:

Yes No

# Years at Residence:

Printed Name:

Date:

E-Signature: (Draw your signature on the trackpad using your mouse or touchpad.)

Bank Information:

Floorplan Information:

Account #:

Dealer #:

Bank Letter of Credit:

Account/Routing #:

Bank Name:

Bank Address:

Bank Number:

We accept Cash, Check, Credit Card & Floorplan.

Dealer Representative:

Name:

Partner:

Guarantor:

Ownership%:

Business address:

City:

State:

Zip:

Office Phone#:

Cell#:

Email:

Fax:

Social Security/Tax ID #:

Date of Birth:

Authorized Rep:

Yes No

Driver’s License #:

Issue Date:

Exp. Date:

State:

Owns Business Real Estate:

Yes No

Owns Residence:

Yes No

# Years at Residence:

Printed Name:

Date:

E-Signature: (Draw your signature on the trackpad using your mouse or touchpad.)

Please Provide a Copy of the Following:

Dealer License Driver's License For Each Representative Salesman Rep. License Bank Letter of Credit Insurance

Attach the copy of the required documents:

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CALL US: (724) 885-0054

VISIT US: 93 Sharon Rd.
Greenville, Pennsylvania 16125

Our Valued DEALERS

CALL US: (724) 885-0054

VISIT US: 93 Sharon Rd.
Greenville, Pennsylvania 16125

Our Valued DEALERS

OUR VALUED PARTNERS

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