Typical cost of selling via consignment?
Just wondering about the cost of having a consignment place sell a Class A motorhome. Is there a base $ amount or a percentage they charge?
Forum Discussion
T18skyguy wrote:
The language used was "all property on the defunct business is assigned to the lienholders"
That sounds like part of a financing statement or collateral agreement. There is way too much missing in that statement to mean anything. The biggest being what consideration was given to transfer ownership. They may have actually sold the unit to the dealership and they agreed to payment after they get paid but that is not consignment that is a sale. In that case they are an unsecured creditor.
