Styku Consignment Program — Payout Structure and Unsold Units
Styku Consignment Program — Payout Structure and Unsold Units
Summary
The standard consignment payout is $2,000 per unit, issued only after the unit passes inspection and is resold and shipped to a new buyer. Styku has up to 60 days to resell the unit. If the unit does not sell within that period, Styku may return it to the customer, offer a reduced parts-only payout, or extend the consignment period. The parts buyback option values components at 33% of replacement value: turntable/tower at $350, laptop at $250, and tablet at $175, all subject to excellent condition. Styku has full discretion over resale pricing.
Full Policy Text
6. CONSIGNMENT STRUCTURE & PAYOUT
6.1 Flat Payout. The payout for each Consigned Unit is $2,000 as listed in the Consignment Receipt.
6.2 Payout Trigger. Payout is issued only after the unit passes Inspection, is accepted, and is subsequently resold and shipped to the buyer.
6.3 Consignment Term. Styku will attempt to resell the unit within sixty (60) days.
6.4 Units Unsold After 60 Days. If unsold, Styku may: • return the unit to Customer at Styku's expense; • offer a reduced parts-only payout; or • extend the consignment period if market conditions warrant.
Parts Buyback Option: Styku may purchase components at 33% of replacement value: • TT/Tower: $350 • Laptop: $250 • Tablet: $175 All parts must be functional and in excellent condition.
6.6 Pricing Authority. Styku maintains full discretion over resale pricing.
Applies to: All Styku customers