buybacks
TERMS OF SERVICE
The buyback agreement set out below is between BuyBack Solutions Ltd (Referred to as “us” or “we“) and the customer (referred to as “you”).
This is an agreement between 2 parties as listed above. This is not a contract.
You are agreeing to sell the goods listed on your agreement. The total purchase price of the goods is listed clearly.
Once the purchase price has been paid to you, BuyBack Solutions Ltd will become the owner of the goods and they will no longer belong to you, unless you exercise the option to repurchase them set out below strictly in accordance with its terms - you will have no right to have the goods back.
You DECLARE that the goods are your own property, that they are not the subject of any rental, hire-purchase or any other credit instalment agreement, and that no other person has any rights over or interest in the goods.
You UNDERTAKE to repay to us the full purchase price of any goods which are seized, repossessed or lawfully confiscated from us or from any person to whom they may later be sold on to, or if any person makes any lawful claim to them and you were not the lawful owner or did not have the right to dispose of them at the inception of this agreement. You will repay this amount to us within 28 days of being requested to do so.
You DECLARE that any statements you have made to you concerning the goods are true and correct and that you understand that we may have relied on them deciding whether to buy the goods from me.
You accept and understand that BuyBack Solutions Ltd, in order to assist in counter-fraud measures, may pass on your name, address and the goods you have sold to enforcement officials including the Police, especially if these goods are deemed to be stolen. The Data Protection Act 1998 provides that details of this transaction may be disclosed in specific circumstances, by signing this agreement you have agreed to the disclosure of this data as required by law.
We may contact you by post, email, SMS or telephone for the purpose of marketing our products and services; please inform us to opt-out if you do not wish to receive such marketing.
You AGREE that should you not return to purchase back the item on the expiry date metioned, you grant BuyBack Solutions Ltd to resell the item.
You UNDERSTAND that BuyBack Solutions Ltd are under no obligation to keep the item past the expiry date, however should said article(s) still be available for repurchase, you AGREE to pay a late fee equal of up to 2 months interest as stated below.
You DECLARE that you are a UK resident over 18 years of age.
OPTIONS TO REPURCHASE
We (BuyBack Solutions Ltd), grant you the Customer, the option to repurchase the goods listed above and which you have sold to us unconditionally. The option is subject to the following conditions:
You may exercise this option by producing the above Receipt for Goods Purchased during normal business hours, or any business day at the shop which issued the receipt and paying to us there the Repurchase Price in cash.
You must exercise this option BEFORE THE OPTION EXPIRY DATE mentioned above. It is your responsibility to check that this period has not yet come to an end. WE WILL NOT SEND YOU A REMINDER.
If for any reason any of the goods are not available for repurchase on the day when you seek properly to exercise the option, then the option will automatically lapse in respect of the relevant item(s). We shall not be liable for any failure on our part to sell any of the goods back to you if we are unable to do so because of circumstances beyond our reasonable control, for example, because they have been stolen or because they have been destroyed or damaged by fire, water or by an explosion. However, subject to your rightful ownership and your legal entitlement to sell those goods at the inception of this contract, we will compensate you for the missing goods to the extent of one additional payment to you in the sum equal to the purchase price we originally paid to you for the said same articles.