Purchases through Layaway
Horizon Micromobility Layaway Terms, agreements and contract
Layaway is only available for orders totalling over £1,000.
How It Works:
The following principles below make up the Terms & Conditions for any Layaway contract and related transactions entered into.
- Contact us and let us know what products you would like to place on Layaway.
- A 20% non-refundable deposit is required to put your items on Layaway.
- Once 20% deposit is paid, items will be placed on Hold/Layaway for you so they cannot be purchased by anyone else. For products not in stock or special purchase items: these will be purchased.
- We will set up mutually agreed regular payments for the remaining balance, typically 4 payments over 4-6 months. Please note no interest is charged for Layaway agreements.
- Payment can be made by debit card, credit card, Paypal or bank transfer. Buyer can end agreement at any point by paying balance of money owed. Goods will then be released.
- Record of Payment. A record of payments transaction history will always be available for both the merchant and buyer, recording all amounts paid to-date and the date and value of all future pending payments as per your agreed Layaway policy.
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Storage and Identification of Layaway Products
Products on Layaway will be set aside and stored separately to our other products. - Cancellation Policy If Buyer needs to cancel their layaway then any payments made will not be refunded.
- Warranty and Returns Policy Our normal terms and conditions apply to any Layaway purchase.
- How To Order on Layaway Decide what products you would like to purchase and then contact us through chat or email hello@horizonmicromobility.com We will then send you an invoice for the initial 20% as well as a suggested payment plan and contract.
- Deposit Once your deposit is paid, we will put the item on Hold for you so it may not be purchased by anyone else. When final payment has been completed, your order will be shipped or you can collect.
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Cancellation
The buyer may cancel their Layaway agreement form at any time, any monies paid will not be refunded. If Selller cancels then all monies will be refunded. -
Break of Contract by Buyer If a buyer has breached a term of a Layaway and Seller intends to cancel the Layaway, before doing so seller must –
a) Give the buyer notice of seller’s intention to cancel the Layaway; and
b) Allow the buyer at least 7 days within which to rectify the breach. -
Cancellation where products not available
If the products are no longer available, Seller must cancel the Layaway and refund all monies to the buyer, including the initial 20% deposit. -
Effect of Cancellation
Subject to the above, when a Layaway is cancelled, Seller must refund all monies owed within 7 days. -
Delivery
The Seller will only dispatch the Buyer the product/s after receiving the final instalment payment for all Layaway deals.
The product/products on {order number} will be held on layaway/hold until {date}.
First payment of {amount} is due on {date}. {Amount} will then be due every {frequency} until {last payment date}.
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(Customer)
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(Date)
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(Seller)
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(Date)
Example A of Layaway Purchase
Electric Bike: £1,499
Lock: £85
Helmet: £35
Shipping: £35
Total Order Value: £1,654
Customer agrees to pay over 4 equal instalments
20% deposit: £330.80
Balance to pay: £1,324
1st payment due 30 days after deposit: £330.80
2nd payment due 30 days after 1st instalment: £330.80
3rd payment due 30 days after 2nd instalment: £330.80
Final payment due 30 days after 3rd instalment: £330.80
Total Paid: £1,654 Goods released
Example B of Layaway Purchase
Electric Bike: £1,899
GPS Tracker: £169
Helmet: £65
Shipping: £49
Total Order Value: £2,123
Customer agrees to pay over 5 instalments
20% deposit: £424.60
Balance to pay: £1,698.40
1st payment due 35 days after deposit: £339.68
2nd payment due 35 days after 1st instalment: £339.68
3rd payment due 35 days after 2nd instalment: £339.68
4th payment due 35 days after 3rd instalment: £339.68
Final payment due 35 days after 3rd instalment: £339.68
Total Paid: £2,123 Goods released
Example C of Layaway Purchase
Electric Bike: £1,050
Shipping: £50
Total Order Value: £1,100
Customer agrees to pay over 3 equal instalments
20% deposit: £220
Balance to pay: £880
1st payment due 30 days after deposit: £440
2nd payment due 30 days after 1st instalment: £440
Total Paid: £1,100 Goods released