HomeMy WebLinkAboutPR 24490: PAEDC PURCHASE OF A 2025 FORD F-150 XL4X2 SUPER CAB TRUCK PORT*ARTHURDIA
INTEROFFICE MEMORANDUM
Date: August 5,2025
To: Honorable Mayor and City Council
Through: Ron Burton, CPM I City Manager
From: Krystle Muller I Interim CEO
RE: PR 24490 I The approval of the Port Arthur Economic Development Corporation's
purchase of a 2025 Ford F-150 XL 4x2 Super Cab Truck from Town and Country
Ford,Port Arthur.
The intent of this Agenda Item is to seek the City of Port Arthur City Council's approval for the Port
Arthur Economic Development Corporation to purchase a 2025 Ford F-150 XL 4x2 Super Cab Truck
from Town and Country Ford, Port Arthur, Texas.
Background:
The Port Arthur Economic Development's(PAEDC)current vehicle, a 2013 Ford F150,is reaching
the end of its useful lifetime considering the wear and tear, increasing maintenance and potential
breakdown/downtime. The PAEDC received three (3) quotes for the purchase of a new truck with
the lowest quote being from Town and Country of Port Arthur, Texas, for a 2025 Ford F-150 XL
4x2 Super Cab.
Budgetary Impact:
The budgetary impact of this item is $49,070.77 with funds available in PAEDC Account No. 120-
80-625-8523-00-00-000 (Motor Vehicles).
Recommendation:
It is recommended that the City of Port Arthur's City Council approves the Port Arthur Economic
Development Corporation's purchase of the 2025 Ford F-150 XL 4x2 Super Cab Truck from Town
and Country Ford, Port Arthur,Texas.
P.R. No. 24490
8/5/2025 JMC
RESOLUTION No.
A RESOLUTION AUTHORIZING THE PURCHASE OF A
2025 FORD F-150 XL 4x2 SUPER CAB TRUCK FOR THE
PORT ARTHUR ECONOMIC DEVELOPMENT
CORPORATION FROM TOWN AND COUNTRY FORD OF
PORT ARTHUR, TEXAS, IN THE AMOUNT OF $49,070.77;
FUNDING AVAILABLE IN ACCOUNT NO. 120-80-625-8523-
00-00-000 (MOTOR VEHICLES)
WHEREAS, The Port Arthur Economic Development's ("PAEDC") current vehicle, a
2013 Ford F150,is reaching the end of its useful lifetime: considering the wear and tear,increasing
maintenance and potential breakdown/downtime; and
WHEREAS, the PAEDC received three (3) quotes for the purchase of a new truck with
the lowest quote being from Town and Country of Port Arthur,Texas, in the amount of$49,070.77
for a 2025 Ford F-150 XL 4x2 Super Cab as denoted in Exhibit "A"; and
WHEREAS,during its regular meeting on August 4,2025,the PAEDC Board of Directors
approved the purchase of a 2025 Ford F-150 XL 4x2 Super Cab Truck from Town and Country
Ford,Port Arthur, Texas, in the amount of$49,070.77 (see Exhibit "B").
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PORT ARTHUR,TEXAS:
Section 1. That the facts and opinions in the preamble are true and correct.
Section 2. That the City Council hereby authorizes the Port Arthur Economic Development
Corporation to purchase a 2025 Ford F-150 XL 4x2 Super Cab Truck from Town and Country Ford, Port
Arthur, Texas, in the amount of$49,070.77.
Section 3. That a copy of the caption of this Resolution be spread upon the Minutes of the City
Council.
READ,ADOPTED AND APPROVED on this day of A.D., 2025, at a
Meeting of the City Council of the City of Port Arthur, Texas, by the following vote: AYES:
Mayor
Councilmembers
NOES: •
Charlotte M. Moses, Mayor
ATTEST:
Sherri Bellard,City Secretary
APPROVED:
KrysthOMuller, Interim PAEDC CEO
APPROVED AS TO FORM:
{ . � 1
Charles E. Zech, PAEDC Attorney
APPROVED r6RI*
Roxann Pais Cotroneo, City Attorney
APPROV AS TO AVAILABILITY OF FUNDS:
v(A(
Lynda`Boswell, Finance Director
EXHIBIT "A"
8/13/25,11:32 AM Worksheet
MOTOR VEHICLE BUYER'S ORDER Date 08/13(2025
PORT ARTHUR ECONOMIC
Seller Town and Country Ford Salesperson Dennis Howell Buyer/Co-BuyerDEVELOPMENT COPPORATION
Buyer/Co-Buyer Phone: Res: Bus. (409)963-0579 Cell (409)282-1335 E-mail:
Address 501 PROCTOR ST SUITE 100 City PORT ARTHUR State TX Zip 77640
Expected date of delivery is or as soon thereafter as possible.It is agreed that neither the Seller nor the Manufacturer/Distributor is liable
for failure to effect delivery.Buyer offers to purchase from Seller under the terms and conditions specified,the following described motor vehicle:
AT THIS DEALERSHIP which they agree.No person acquiring or assigning a retail installment Or any
• A customer may obtain their own financing. balance under a contract,has any duty to is close to any other person the terms
• The finance charge may be negotiable. on which a contract or balance under a contract is acquired,including any discount
• The dealership may assign the retail installment contract. or difference between the rates,charges,or balance under the Contract and,the
• A person may acquire a retail installment contract or an outstanding balance rates,charges,or balance acquired(Finance Code§348.301).
under a contract from another person on the terms,including the price to
DESCRIPTION OF SALE UNIT:PJNew❑Demo❑Executive/Official❑Used❑Certified Used(CPO) The following are negotiable&valid until / /
Make: Ford Color: Model: F-150 PRICE OF UNIT $ 43 689.00
Stock No.: 111111 Cyl: _Upholstery: Down Payment $
I Body Style: _XL 4x2 SuperC License No.: Odometer Reading: 0 Trade-In $
Year 2025 VIN: Key Nos.: Rebate $
USED TRADE-IN: $
Year: Make: Model: License No.: Unpaid Balance of Trade-In $
IVIN: Lienholder. LienholderAddress: - Sub-Total $ 43,689.00
Payoff on Trade-In $ (as of_/ /_) TOOL BOX $ 1,000.00
Trade-In Allowance $ (as of /_/ ) TOW PKG $ 1,000.00
Net Allowance on Trade-in $ (as of—/ / ) $
TITLE TO TRADE-tN: — — "Dealer's Inventory Tax $
State Motor Vehicle Sales Tax $
1 Owner/Co-Owner: Odometer Other Taxes $ 2,855.56
License and/or Registration Fee $ 128.25
Remarks on: (Stale)Title: To State for Plate Transfer Fee $
OSalvage❑Rebuilt Salvage ONonrepairable❑Manufacturer Buy-back❑Flood Damage Certificate of Title Fee $ 33.00
DISCLAIMER OF WARRANTIES Vehicle Inspection Fee $
THE ABOVE-DESCRIBED VEIDCLE SOLD BY SELLER IS SOLD AS IS,SELLER,INCLUDING Emission Inspection Fee $
WARRANTIES OF MERCHANTABILITY OR FITNESS,AND BUYER WILL BEAR THE ENTIRE EXPENSE OF Deputy Service Fee Paid to Dealer $
REPAIRING OR CORRECTING ANY DEFECTS THAT PRESENTLY EXIST OR THAT MAY OCCUR IN THE -Documentary Fee $ 225,00
VEHICLE.UNLESSA WRITTEN WARRANTY BY,OR SERVICE CONTRACT WITH SELLER COVERING THE
DESCRIBED VEHICLE IS DELIVERED TO BUYER IN CONJUNCTION WITH OR WITHIN 90 DAYS $
FOLLOWING THE TIME OF THE SALE.BUT SUCH VEHICLE OR OF ITS COMPONENT PARTS MAY BE Unpaid Balance $ 49,070.77
SUBJECT TO WARRANTY BY THE MANUFACTURER THEREOF.
'A DOCUMENTARY FEE iS NOT AN OFFICIAL FEE.A DOCUMENTARY FEE IS NOT REQUIRED BY LAW BUT MAY BE CHARGED TO BUYERS FOR HANDLING DOCUMENTS
RELATING TO THE SALE.A DOCUMENTARY FEE MAY NOT EXCEED A REASONABLE AMOUNT AGREED TO BY THE PARTIES.THIS NOTICE IS REQUIRED BY LAW.UN
CARGO DOCUMENTAL NOES UN CARGO OFICiAL.LA LEY NO EXIGE CUE SE IMPONGA UN CARGO DOCUMENTAL.PERO ESTE PODRIA COBRARSE A LOS COMPRADORES
POR EL MANEJO DE LA DOCUMENTACiON EN RELACiON CON LA YENTA UN CARGO DOCUMENTAL NO PUEDE EXCEDER UNA CANTIDAD RAZONABLE ACORDADA POR
LAS PARTES.ESTA NOTIFICACION SE EXIGE POR LEY
'The Dealer's Inventory Tax charge is Intended to reimburse the dealer for ad valorem taxes on its motor vehicle inventory.The charge,which Is paid by the dealer to the
county tax assessor-collector,Is not a tax imposed on a consumer by the government,and is not required to be charged by the dealer to the consumer.
The Information you see on the window form for this vehicle is part of this Buyer agrees to deliver the original bill of sale and the title to any trade-in along with the
contract.Information on the window form overrides any contrary provisions on the delivery of the trade-in and further agrees to execute any and all documents necessary or
contract of sale.La information qua aparece en la ventaniHa de este vehicwlo forma parte required to transfer legal title and ownership to Seller or its assigns,Buyer warrants the
de este contralo.La information contends en el formulano de la ventanilla anula cualquier trade-in to be Iris property and free and clear of all liens and encumbrances except as
prevision qua establezca to contrano y qua aparezca en el contralo de yenta. otherwise noted herein.Buyer further warrants that the trade-in has not been declared
If a credit purchase.this is an offer to purchase only.Buyer offers to purchase vehicle on rebuilt salvage,reconditioned,nonrepairable,or flood damaged and that the emission
credit on terms described herein and no contractual relationship is created.Tills order does systems have not been tampered with and are in the condition as originally manufactured.
not constitute an agreement for the extension of credit. except for ordinary wear.unless so disclosed.
Manufacturer/Distributor reserves the right to change the price of new vehicles to Seller Seller makes no representations concerning fuel economy of the safe unit and any
without notice.In the event that the price to Seller of the new vehicle ordered hereunder is information posted on the sale unit or contained in literature relating to the same reflect the
changed prior to delivery to Buyer,Buyer agrees and accepts that the cash delivered price results of tests performed,required or prescribed by government agency,upon which Seller
will be changed accordingly. has relied.
If the Buyer's used car trade-in is not delivered to the Seller until delivery of the new It is expressly agreed to and understood by Buyer and Seller that in the event of a non-
vehicle,the trade-in will be reappraised at that time and Buyer agrees that such reappraised credit transaction,Seller retains a security interest in the purchased vehicle anti'such time
value shall determine the allowance,if any,made for the trade-in. as Buyer has paid the Seller for the vehicle.
Buyer agrees to all the above listed charges.
ARBITRATION PROVISION while under investigation for discipline or removal,to conduct the arbitration n lieu of
ARBITRATION OF DISPUTES contacting the AM to conduct the arbitration.
Arbitration is a method of resolving a claim,dispute,or controversy(collectively,a This Order evidences a transaction involving interstate commerce.Any arbitration under
"Claim")without filing a lawsuit in court Either Buyer or Seller may choose at any time, this Arbitration Provision is governed by the Federal Arbitration Act(9 U.S.0 §1,et seq.:.
including after a lawsuit is filed,to have any Claim related to or arising out of the Judgment the award maybe awarded in any court having lunsdiebon.No punitive damages
transaction identified in this Buyer'B Order('Order)if a cash transaction and a retail may be awarded against either Buyer or Seller.
Installment transaction if a credit purchase,including the interpretation,scope.or validity of The arbitration hearing will be conducted in the federal district in which Buyer resides,If
arbitration decided by arbitration and not by a court action. Buyer demands arbitration first,Buyer agrees to pay the initial arbitration filing fee or case
When&dispute is:resolved by arbitration and not in a court,each party gives up the management fee up m$125 and Seller will pay any additional initial filing lee or case
right to a trial by a court or a jury trial.Buyer gives up any right Buyer may have to bring a management fee.Seller will pay the entire filing fee or case management fee if Seller
class-action lawsuit or class arbitration or to participate in either as a claimant.Buyer gives demands arbitration first.Seller wit pay the arbitration corn and fees for the first day of
up any right Buyer may have to consolidate or join Buyers arbitration with the arbitration of arbitration,up to a maximum of eight hours..The arbitrary shall deade who pays.any
others.The information that can be obtained in discovery from either party or from a third additional costs and fees.
person in arbitration is generally more limited than in a lawsuit.Generally,there is no right Notwithstanding this Arbitration Provision,Buyer and Seller and Seller's successors and
to appeal the decision of an arbitrator"under the Federal Arbitration Act(9 U.S.C.§1,et assignees retain the right to exercise self-help remedies and to seek provisional remedies
seq.)Other rights that Buyer or Seller would have in court may not be available in from a court pending final determination of the dispute by the arbitrator.Neither Buyer nor
arbitration. Setter waive the right to arbitrate by exercising self-help remedies,including repossession,
Either Buyer or Seller may contact the American arbitration Association('AAA')et 1- filing suit or seeking or obtaining provisional remedies from a court.
877-495-4185 to conduct the arbitration and the other party to start an arbitration.II there is In consideration of the announced to be paid by Seller,see above,Buyer agrees
a conflict between the association's rules and this Arbitration Provision,this arbitration to this Arbitration Provision.
Provision will govern.Ether Buyer or Seller may request a former or retired judge who If any portion of this Arbitration Provision is unenforceable,it is severed and the
served as a judge for at least four years and has not been removed from office or resigned remaining provisions shall be enforced.
AS BUYER OF THE ABOVE DESCRIBED VEHICLE,I UNDERSTAND AND AGREE THAT THE SELLER MAY MAKE A PROFIT ON THE SALE OF THE VEIDCLE,ANY ADD-ON
EQUIPMENT,INSURANCE PRODUCT,FINANCING,WARRANTY OR SERVICE CONTRACT,REPAIR,OR ANY OTHER PRODUCT OR SERVICE SOLD BY SELLER.
Buyer's/Co-Buyer's Signature Date 08/13/2025
Seller's Signature Date 08/13/2025
https://www.eleadcrm.com/app/desking/pages/worksheet.aspx 1/1
•
C_______D
Y;e9C(...
Preview Order M005-X1K-4x2 XL SuperCab: Order Summary Time of Preview;06/11/2025 12:26:11 Receipt:6/9/2025
Dealership Name: Philpott Ford Sales Code : F52757
Dealer Rep. MIKE ALLEN Type Retail Vehicle Line F-150 Order Code M005
Customer Name X XXXXX Priority Code 19 Model Year 2025 Price Level 565
,
DESCRIPTION MSRP DESCRIPTION
MSRP
lb
F150 4X2 SUPERCAB XL-145 $41760 6940#GVWR PACKAGE $0
145 INCH WHEELBASE $0 CV LOT MANAGEMENT $0
ICONIC SILVER METALLIC $0 JOB 42 ORDER $0
VINYL 40/20/40 FRONT SEAT $0 FRONT LICENSE PLATE BRACKET $0
MEDIUM DARK SLATE $0 50 STATE EMISSIONS $0
EQUIPMENT GROUP 101A $0 TOW/HAUL PACKAGE $1010
.XL SERIES $0 .INTEGRATED TRAILER BRAKE CONT $0
.17"SILVER STEEL WHEELS $0 EXTENDED RANGE 36GAL FUEL TANK $0
5.0L V8 ENGINE $2340 ALUMINUM TOOLBOX-BLACK`ACCY $1040
ELEC TEN-SPEED AUTO TRANS $0 FUEL CHARGE
$0
.245/70R 17 BSW ALL-SEASON $0 PRICED DORA $0
3.73 ELECTRONIC LOCK RR AXLE $0 ADVERTISING ASSESSMENT $0
I
DESTINATION&DELIVERY $2195
MSRP
TOTAL BASE AND OPTIONS
$48345
DISCOUNTS
NA
TOTAL
$48345
Additional Fees: ;; ;/ r el- 4 du-1.tku
Tax - $2,890.31 (@ 6.25%)
Vehicle Inventory Tax $104.02 approx. ��( ��� r i
Doc Fee $225.00 . --- -•.••-._,._._ t.,
Title Fee - $38.00 A(
License Fee - $125.50
This order has not been submitted to the order bank.
Inspection Fee - $23.75
Processing & Handling - $50.00
This is not an invoice.
1
Total with Additional Fees - $49,701 .58 j
i
1
.:1
1
Roberts
cc/767;a1
6/10/2025
( cc/767a1 Salesperson:
.moo: Manager Erik Rudnick
FOR INTERNAL USE ONLY
CUSTOMER
Homo Phone
Address: Work Phone:
E•Mall t Call Phone:
VEHICLE
Stock#: New/Used: New VIN: Mileage:
Vehicle: Color
Type:
Loan Payments Estimated Market Value Selling Price 49,040.00
Window Tint 699.00
Cash Down 4,000 5,000 6,000 Wheel Locks 125.00
36 Months 1705 �671 1637 Total Purchase 49,864.00
Tax 3,116.50
48 Months 1358 1330 1303 Doc Fee 225.00
Title Fee
38.00
60 Months 1952 1128 1105 License Fee 125.50
•A.P.R.Subject to equity and credit requirements. inspection Fee 23.75
Processing and Handling 50.00
VIT �...-
Balance (�53,546.77`+'-\.
Customer Approval: Management Approval:
By signing this authorization form,you certify that the above personal Information is correct and accurate,and authorize the release of credit and employment
information.By signing above,I provide to the dealership and its affiliates consent to communicate with me about my vehicle or any future vehicles using electronic,
verbal and written communications Including but not limited to Wail,text messaging,SMS,phone calls and direct mall.Terms and Conditions subject to credit approval.
For information Only.This Is not an offer or contract for sale.
Remove Options:
t Window Tint - $699.00
Wheel Locks - $125.00
Total with Options Removed $52,722.77
I.
1
r
EXHIBIT "B"
8/13/25, 11:32 AM Worksheet
MOTOR VEHICLE BUYER'S ORDER Date 08/13/2025
PORT ARTHUR ECONOMIC
Seller Town and Country Ford Salesperson Dennis Howell Buyer/Co-BuyerDEVELOPMENT COPPORATION
Buyer/Co-Buyer Phone: Res: Bus. (409)963-0579 Cell (409)282-1335 E-mail:
Address 501 PROCTOR ST SUITE 100 City PORT ARTHUR State TX Zip 77640
Expected date of delivery is or as soon thereafter as possible.It is agreed that neither the Seller nor the Manufacturer/Distributor is liable
for failure to effect delivery.Buyer offers to purchase from Seller under the terms and conditions specified,the following described motor vehicle:
AT THiS DEALERSHIP which they agree.No person acquiring or assigning a retail installment Or any
• A customer may obtain their own financing. balance under a contract,has any duty to is close to any other person the terms
• The finance charge may be negotiable. on which a contract or balance under a contract is acquired,including any discount
• The dealership may assign the retail installment contract. or difference between the rates,charges,or balance under the contract and.the
• A person may acquire a retail installment contract or an outstanding balance rates,charges,or balance acquired(Finance Code§348.301).
under a contract from another person on the terms,including the price to
DESCRIPTION OF SALE UNiT:PJNew❑Demo❑ExecutivetOfficial❑Used❑Certified Used(CPO) The following are negotiable&valid until / I
Make: Ford Color: Model: F-150 PRICE OF UNIT $ 43,689.00
(Stock No.: 11111i Cyl: Upholstery: Down Payment $
I Body Style: XL 4x2 SuperC License No.: Odometer Reading: 0 Trade-In $
I Year: 2025 Vial: Key Nos.: Rebate $
USED TRADE-IN: $
$
Year: Make: Model: License No.: Unpaid Balance of Trade-In $
i VIN: Lienhofder. Lienholder Address: Sub-Total $ 43,689.00
Payoff on Trade-In $ (as of_/ /_) TOOL BOX $` 1 00,00
Trade-In Allowance $ (as of i~I ) TOW PKG $ 1,000.00
-
Net Allowance on Trade-In $ (as of / 1-) $
TITLE TO TRADE-IN: - - ^'• "Dealers Inventory Tax $
State Motor Vehicle Sales Tax $
Odometer: Other Taxes
Owner/Co-Owner: $ 2,855.58
Remarks on: (State)Title: License and/or Registration Fee $ 128.25
❑Salvage❑Rebus t Salvage❑Nonrepairable❑Manufacturer Buy-back D C of Tel
Flood Damage State toe Transfer Fee $
Certificate Ne Fee $ 33,00
DISCLAIMER OF WARRANTIES Vehicle Inspection Fee $
THE ABOVE-DESCRIBED VEIDCLE SOLD BY SELLER IS SOLD AS IS,SELLER,INCLUDING Emission Inspection Fee $
WARRANTIES OF MERCHANTABILITY OR FITNESS,AND BUYER WILL BEAR THE ENTIRE EXPENSE OF Deputy Service Fee Paid to Dealer $ "
REPAIRING OR CORRECTING ANY DEFECTS THAT PRESENTLY EXIST OR THAT MAY OCCUR IN THE 'Documentary Fee $ 225.00
VEHICLE.UNLESSA WRITTEN WARRANTY BY,OR SERVICE CONTRACT WITH SELLER COVERING THE
DESCRIBED VEHICLE IS DELIVERED TO BUYER IN CONJUNCTION WITH OR WITHIN 90 DAYS $
FOLLOWING THE TIME OF THE SALE,BUT SUCH VEHICLE OR OF ITS COMPONENT PARTS MAY BE Unpaid Balance $ 49,070.77
SUBJECT TO WARRANTY BY THE MANUFACTURER THEREOF.
'A DOCUMENTARY FEE IS NOT AN OFFICIAL FEE.A DOCUMENTARY FEE IS NOT REQUIRED BY LAW BUT MAY BE CHARGED TO BUYERS FOR HANDLING DOCUMENTS
RELATING TO THE SALE.A DOCUMENTARY FEE MAY NOT EXCEED A REASONABLE AMOUNT AGREED TO BY THE PARTIES.THIS NOTICE IS REQUIRED BY LAW.UN
CARGO DOCUMENTAL NO ES UN CARGO OFiCIAL.LA LEY NO EXIGE QUE SE IMPONGA UN CARGO DOCUMENTAL PERO ESTE PODRIA COBRARSE A LOS COMPRADORES
POR EL MANEJO DE LA DOCUMENTACION EN RELACION CON LA VENTA UN CARGO DOCUMENTAL NO PUEDE EXCEDER UNA CANTFDAD RAZONABLE ACORDADA POR
LAS PARTES.ESTA NOTiFICACION SE EXIGE POR LEY,
"The Dealers Inventory Tax charge is Intended to reimburee the dealer for ad valorem taxes on its motor vehicle inventory.The charge,which is paid by the dealer to the
,county tax assessor-collector,is not a tax Imposed on a consumer by the government,and is not required to be charged by the dealer to the consumer.
The Information you see on the window form for this vehicle Is part of this Buyer agrees to deliver the original bill of sale and the title to any trade-in along with the
contract Information on the window form overrides arty contrary provisions on the delivery of the trade-in and further agrees to execute any and all documents necessary or
contract of sale.La information quo aparece en la ventaniila de este vehiculo forma parte required to transfer legal title and ownership to Seiler or its assigns.Buyer warrants the
de este contralto.La information contends en al fonnulano de la ventanilla onto cualquier trade-in to be Iris property and free and clear of all liens and encumbrances except as
prevision qua establezca Io confront)y qua aparezca en el control()de venta. otherwise noted herein.Buyer further warrants that the trade-in has not been declared
If a credit purchase,this is an offer to purchase only.Buyer offers to purchase vehicle on rebuilt salvage,reconditioned,nonrepalrable,or flood damaged and that the emission
credit on terms described herein and no contractual relationship is created.Tills order does systems have not been tampered with and are in the condition as originally manufactured,
not constitute an agreement for the extension of credit. except for ordinary wear,unless so disclosed.
Manufacturer/Distributor reserves the right to change the price of new vehicles to Seller Seller makes no representations concerning fuel economy of the safe unit and any
without notice.In the event that the price to Seller of the new vehicle ordered hereunder is information posted on the sale unit or contained in literature relating to the same reflect the
changed prior to delivery to Buyer,Buyer agrees and accepts that the cash delivered price results of tests performed.required or prescribed by government agency,upon which Seller
will be changed accordingly, has retied.
If the Buyer's used car trade-in is not delivered to the Seller until delivery of the new It is expressly agreed to and understood by Buyer and Seller that in the event of a non-
vehicle,the trade-in will be reappraised at that time and Buyer agrees that such reappraised credit transaction,Seller retains a security interest in the purchased vehicle unti'such time
value shall determine the allowance,if any,made for the trade-in. as Buyer has paid the Seller for the vehicle.
Buyer agrees to all the above listed charges.
AREITRATION PROVISION while under investigation for discipline or removal.to conduct the arbitration n lieu of
ARBITRATION OF DISPUTES contacting the AAA to conduct the arbitration.
Arbitration is a method of resolving a claim,dispute,or controversy(collectively.a This Order evidences a transaction involving interstate commerce.Any arbitration under
"Claim")without filing a lawsuit in court.Either Buyer or Seller may choose at any time, this Arbitration Provision is governed by the Federal Arbitration Act(9 U.S.C.§1,et seq.:.
including after a lawsuit is filed,to have any Claim related to or arising out of the Judgment the award maybe awarded in any court having lunsdrdion.No punitive damages
transaction identified in this Buyer'B Order('Order")if a cash transaction and a retail may be awarded against either Buyer or Seller.
installment transaction if a credit purchase,including the interpretation,scope.or validity of The arbitration hearing will be conducted in the federal district in which Buyer resides.If
arbitration decided by arbitration and not by a court action. Buyer demands arbitration first,Buyer agrees to pay the initial arbitration filing fee or case
When&dispute is:resolved by arbitration and not in a court•each party gives up the management fee up m$125 and Seger wit pay any addtional initial filing lee or case
right to a trial by a court or a jury trial.Buyer gives up any right Buyer may have to bring a management fee.Seller will pay the entire filing fee or case management fee if Seller
Bass-action lawsuit or class arbitration or to participate in either as a claimant.Buyer gives demands arbitration first.Seller will pay the arbitration corn and fees for the first day of
up any right Buyer may have to consolidate or join Buyers arbitration with the arbitration of arbitration,up to a maximum of eight hours..The arbitrary shall decide who pays.any
others.The information that can be obtained in discovery from either party or from a third additional costs and fees.
person in arbitration is generally more limited than in a lawsuit.Generally,there is no right Notwithstanding this Arbitration Provision,Buyer and Seller and Seller's successors and
to appeal the decision of en arbitrator"under the Federal Arbitration Act(9 U.S.C.§1.et assignees retain the right to exercise self-help remedies and to seek provisional remedies
seq.)Other rights that Buyer or Seller would have in court may not be available in from a court penctng final determination of the dispute by the arbitrator.Neither Buyer nor
arbitration. Seller waive the right to arbitrate by exercising self-help remedies,including repossession,
Either Buyer or Seller may contact the American arbitration Association('AAA')at 1- filing suit or seeking or obtaining provisional remedies from a court.
877-495-4185 to conduct the arbitration and the other party to start an arbitration.If there is In consideration of the announced to be paid by Seller,see above,Buyer agrees
a conflict between the association's rules and this Arbitration Provision,this arbitration to this Arbitration Provision.
Provision will govern.Either Buyer or Seller may request a former or retired judge who If any portion of this Arbitration Provision is unenforceable,it is severed and the
served as a judge for at least four years and has not been removed from office or resigned remaining provisions shell be enforced.
AS BUYER OF THE ABOVE DESCRIBED VEHICLE,I UNDERSTAND AND AGREE THAT THE SELLER MAY MAKE A PROFIT ON THE SALE OF THE VEIDCLE,ANY ADD-ON
EQUIPMENT,INSURANCE PRODUCT,FINANCING,WARRANTY OR SERVICE CONTRACT,REPAIR,OR ANY OTHER PRODUCT OR SERVICE SOLD BY SELLER.
Buyer's/Co-Buyer's Signature Date 08/13/2025
Seller's Signature Date 08/13/2025
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