HOME	BRASS MODELS	PLASTIC MODELS/ ART/BOOKS/ETC.	ORDERING  or RESERVING	NEW IN STOCK and WHAT'S NEW	USE OF PICTURES	TESTIMONIALS
	POLICIES	Click here to view our Ebay listings			EXCLUSIVE PROJECTS	SHIPPING & COSTS	CDN Exchange 1.06 x US$
	HUGE SALE UNDERWAY NOW - Click on Huge Sale for details.
	Are you a Member with CMT?  If not, Register Here   Why Join? Your Benefits
	CONSIGNMENT COLLECTIONS  Click here to view the mint condition models from various collections. Collection #1 Just Added
HOW TO ORDER
Email: sales@modeltrains.com        Phone: 905-338-1608       Toll Free order line: 1-866-862-7277    Fax: 905-823-1770

LAYAWAY

Here is the information on our layaway program.

We have in place a program to assist brass or large plastic model purchasers. In many cases, when the model wanted was available for sale, a number of customers did not have the cash to purchase it. Consequently, as part of our business philosophy we wanted to have a program that assisted our customers. Typically the new brass run sizes are small and sell out quickly, or older out of production models become available as one of a kind models.  Plastic models are becoming similar to brass in that more and more are limited run.

Our program allows you to obtain the model you want, at our competitive prices. What we developed, based on conversations with a number of customers, was a very flexible deferred payment program.

Payment Plans

For the layaway program, we require a minimum 20% down payment. The remaining balance needs to be paid off over a period of three months maximum. The payments are tailored to your specific requirements based on mutual discussions. Unlike other dealers, we do not require equal monthly payments. If in some month you can make a larger payment, that is great. We require a minimum of 20% paid each month.

Based upon the discussions between you and us, we agree to a planned series of payments, in terms of the planned dates and the planned amounts. This plan is recorded on your layaway invoice. Based on this plan, we then compute the interest applicable. This interest will then be put on the invoice as a financing charge.

No layaway program will be started without the planned dates and payments scheduled.

Interest

Since our prices are already very aggressive, we can't absorb the cost of financing. For those who take advantage of this program, the first month of financing is interest free.  Any payments made after that time period, we charge a 2% interest rate on the outstanding balance.   

Payment Methods

If you are going to pay by check, then you would send us the post-dated checks for the planned amounts and scheduled dates. If you are going to pay by Visa, then we charge your Visa card on the appropriate dates with the applicable amounts.

Layaway Amounts

There is a maximum amount that can be placed on our layaway program of $2,000US and the minimum amount to start a plan is $500US.

Cancellation of a Layaway

We strongly encourage customers to complete their layaway program with payments on the agreed upon date.  If a customer chooses to cancel their layaway we will do so, with a re-stocking fee of 25%.  In the event a layaway is in default for a missed payment, we will contact the customer to have the situation rectified.  In the event of repeated skipped payments or non-payment  for more than 30 days, we reserve the right to cancel the layaway, at our discretion.  There is a re-stocking fee of 35%.

Hopefully we can make arrangements together.

Copyright © 1998 Canadian Model Trains Inc.
Last modified: March 11, 2009

Canadian Model Trains reserves the right to change prices without notice.  E&OE.
Availability of any of these models is subject to prior sale.
Copyright 2002 Canadian Model Trains Inc.
Last update:  March 12, 2009