Payments: Layaway payments must be made in U.S dollars. Accepted forms of payment for layaway purchases include cash, certified bank check, debit card, or credit card. There is a 3% processing fee with every debit card, or credit card payment. Weather over the phone or in person.

A minimum initial deposit of 20% and first payment is required upon the original order date. This initial deposit is determined solely by Velocity ATV Motorsports and the total order price. Following the initial deposit, minimum weekly/monthly payments are due on the day of each billing cycle. Scheduled on the back of this agreement. A billing cycle refers to each date in the agreed payment plan timeframe. You may pay all or part of your outstanding balance at any time. You must pay at least the minimum payment due by the end of each agreed billing day. Any payments exceeding the minimum payment may be applied towards the subsequent month’s outstanding balance.

Late Payments: It is the sole responsibility of the customer to keep track of any and all payment due dates. As a courtesy, Velocity ATV Motorsports offers a five-business day grace period for late minimum payments. After this five-business day grace period, your payment will be considered missed and your layaway will be forfeited. Forfeited Layaway Upon forfeit of a layaway, any and all items within the layaway order will be returned to stock.

Refund Policy: A layaway order will be forfeited if the customer fails to pay a minimum weekly/monthly payment by the end of the five-day grace period that is allotted after the end of each week/month. Upon forfeit of a layaway, any and all items within the layaway order will be returned to stock. The initial deposit and any subsequent payments will not be refund. The initial deposit and any subsequent payments will not be refunded. A store credit will be issued that will be equal to the amount you have paid on your balance thus far, including the initial deposit. Less 20% of the Item total cost as a re-stocking fee. Your original ticket receipt and a valid government-issued photo identification must be presented for this store credit to be issued. If you are unable to present your original ticket receipt and a valid government-issued photo identification for any reason, you forfeit your right to receive any compensation for your layaway order, including, but not limited to, store credit, or exchange. Store credit that is issued as a result of a forfeited layaway will expire (30 days) thirty days after the date the store credit is issued.

Layaway Agreement are at the sole discretion of Velocity ATV Motorsports. Term & Termination The length of this Layaway Agreement is determined by the total purchase price of the item(s). Modifications to Layaway Orders If you should wish to modify your original layaway order in any way, including, but not limited to, removing an item, adding an item, or picking up an item before the final payment due date, you are required to enter a new Layaway Agreement which will reflect those changes. Upon modification to your original order and after a new Layaway Agreement has been created, the previous Layaway Agreement shall be cancelled and rendered unenforceable. All modifications are subject to approval by Velocity ATV Motorsports.

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