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1999 civic Hatchback
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Discussion Starter #1
Get ready to get your favorite parts in a way that is more affordable to you.

I am very proud to announce that our new Layaway/financing service is almost ready to go. Just some final touches to be able to release it.

Our goal is to start this layaway plan on December 1st 2009.

This will be a service from us that should not cost you any extra money from what you would normally pay for your aftermarket parts if you stick to the rules. There are no raised prices, no finance charge for you to put parts in layaway and we will not charge any extra fee for this service (some restrictions do apply).

In order to make it fair for everyone (Us and you) we will only keep a % if you do not finish your layaway or cancel it. Lets face it, it takes extra time, paperwork and more inventory control to run this layaway and to make it worth for us we ONLY will keep certain % off your layaway (Non refundable deposit) payments IF you cancel it or you fail to finish it. If you stick to the payments then you will have made a smart purchase, we walk away with our regular profit without charging you any extra fees and you walk away with your so desired performance part.

Consider this layaway plan as a 0% interest finance plan for you to purchase your favorite performance parts. Consider this as a convenient alternative for you to purchase performance parts easier and without so much hassle.



More details about the layaway options when we release it. I can say in advance that you will have between 30 and 90 days to pay off your layaway and the length will be determined by the total amount.


For any questions let me know, post it here and ill be glad to answer...
 

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formerly Kit88
ek hatch
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6,233 Posts
and how about 6-12 month no interest paying with credit card ??

Like Best Buy or another stores
 

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1999 civic Hatchback
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2,452 Posts
Discussion Starter #14
Thanks for the good feedback... I should be posting the rules over the weekend..
 

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1999 civic Hatchback
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2,452 Posts
Discussion Starter #15
Here are the Layaway terms for everyones information. Anyone wanting to start a layaway will receive a document similar to this which will have to be signed. I have pushed the date and this will start on Monday December 7 2009


The purpose of this document is:
-To give the customer (You) notice of all of our Layaway Policies.
-To help assure that customers (You) understand their payment obligations.
-To help ensure that all customers receive the same information.
-To help prevent & protect both sides, FJ Distributors and the Buyer against misunderstandings and disputes.


General Terms:
FJ Distributors lay away plan will be strictly enforced by the following rules.

1.FJ Distributors Layaway plan is available only for purchases of parts (one or several) that totals $101 dollars or more. Purchases of $100 dollars or less will not be eligible for our layaway plan. Total is in parts excluding shipping and Taxes(if applicable), unless the part(s) are advertised as free shipping.
2.Only merchandise at our regular selling price will be eligible. Merchandise sold on special events or special sales(such as seasonal sales, black friday sale, Christmas sale etc..) will not be eligible for Layaway. Please contact us with any questions about any product eligibility as many items might be displayed with retail price and our price. This might seem as if the item is in special but it is really our low regular price.
3.The term or length (amount of time you have to pay in full) of the layaway will vary from 30 days to 90 days and will be determined by FJ Distributors based on the total cash amount from all the item(s) the customer (You) selected.
4.Location of Layaway Merchandise: We will remove from the shelves, showroom any merchandise that you have selected for layaway and will put it aside for you with a note. For larger/heavier items that have to remain on the showroom, we will mark them as “SOLD”.
5.Availability of Merchandise and Special order Items: If you are buying merchandise on layaway, we will order your layaway item when you have paid half of the purchase price.

Payment Obligations:


6.All layaways will require an initial deposit of 15% of the total of the merchandise/parts. Shipping & Handling and Tax (if applicable) will be charged separate unless the parts selected are advertised as Free Shipping. The 15% initial deposit is a guarantee that the customer is serious about purchasing/paying for the parts during the layaway. For that reason, the 15% initial deposit is non refundable in case of a cancellation of the lay away. (please refer to the cancellation and refund policies for more information)
7.The customer will have 2 options to pay for their layaway:
A. Open plan: During the determined Layaway term/Length(30days, 45days, 60 days etc...), the customer can make as many payments as he/she likes for any amount of dollars till the total is paid in full.
Example: Your total is $1200 dollars and you have 45 days to pay in full. You can make as many payments as you like for any amount during those 45 days until you pay in full your item(s).

B. Payment Plan: During the determined Layaway term/Length, the customer will have to make X number of payments at a set amount of cash. A valid Credit Card will be required for this option. FJ Distributors will automatically bill the Credit Card if the customer fails to make the payment. The customer will need to sign a Credit card Authorization form giving us permission to do so. We will ONLY bill the Credit card if the customer does not make the payment on time, unless the customer gives us permission to charge the credit card automatically. FJ Distributors will determine the date when each payment must be submitted.

Example: Total in parts = $1200 dollars + $28 for shipping, for an order total of $1228 dollars. You have 60 days to pay this amount. Here is how your layaway plan will look like.

15% deposit of the total in parts (1200) --> $180 deposit to start your layaway plan
Balance remaining is $1048 ($1228 total – $180 deposit)
For 60 days you will have 8 equal Payments of $131 dollars


The following are the layaway Length terms and Payment plans according to total of merchandise



Merchandise Total in dollars
Layaway length in Days Payments (select one of the 2)
$101 to $600 30 2 OR 4 Equal payments
(Does not apply to Open Plan)
$601 to $1200 45 3 OR 6 Equal Payments
(Does not apply to Open Plan)
$1201 to $1800 60 4 OR 8 Equal Payments
(Does not apply to Open Plan)
$1801 to $2500 75 5 OR 10 Equal Payments
(Does not apply to Open Plan)
$2501 + 90 6 OR 12 Equal Payments
(Does not apply to Open Plan)

There will be no penalty for paying off your layaway quicker. This program was created to give the customer (You) more flexibility and to make the customers shopping for parts experience easier, specially on a time where economy is having a hard time.


Cancellations and Refund Policies:

8.The customer will be granted 3 business days (business days are Monday thru Friday and exclude Sat/Sunday & Holidays) after starting the layaway plan to cancel it without any type of charge or penalty. _____ (Your initials here)
9.On the 4th business day after starting the layaway, the 15% non refundable initial deposit charge will be enforced (Please refer to point 6). If you need to cancel your layaway we will refund the amount you have paid Minus the 15% initial payment. If your initial payment was over 15% we will only retain 15% as the cancellation fee.

Example: You canceled your layaway which had a total value of $1228 ($1200 in parts + $28 shipping)
This was an Open Plan and the 15% deposit of the total in parts (1200) was $180
You had made payments totaling $800 but decide to cancel the layaway after the 4th day of starting it.
You will be refunded---> $800 – $180(15% Initial deposit non refundable) = $620 total to be refunded.

For us it takes extra time, effort, money and paperwork to offer and run this layaway plan. Also by us setting aside parts for a customer who does a layaway means that we cannot sell those parts to other potential customers that might come with full payments to purchase these parts. It also has an effect on inventory as we have to be doing extra inventory adjustment to re stock parts, therefore the 15% initial deposit will be our commission for our time spent as well for re stocking the parts if you decide to cancel.

10.Extending your layaway: If for any reason you are unable to maintain or keep up with your layaway payments arrangements can be made to extend the length of your layaway plan. Be advised there will be an additional charge of $5 for every 15 days that you need to add. You must contact us immediately by email if you know that you will need more time. Please email us to [email protected] and on subject line write: LAYAWAY PLAN EXTENSION. We will contact you to make the arrangements. Please include in your message: Name, Phone Number, Email address and your Layaway plan number. If you do not contact us then we will cancel your layaway at the end of your specified term under this contract and point #9 will apply.

Let me know guys if you have any questions about how this will be done.

Thank You.
 

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Wow. Props to FJ for offering this to their customers! I probably won't be using it myself, but it's a great option for people yet to be seen in out community!
 
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