You can use this document if you are a seller who sells a vehicle or a buyer who wants to buy a vehicle from a seller. In this document, you can enter relevant identification details, for example. B the addresses and contact details of the parties. You also enter the main features of the agreement between the parties, such as a description of the vehicle, prices and delivery information. Finally, the seller must reveal the kilometre meter and either confirm the accuracy of the measured value or explain why the value of the kilometre meter may be imprecise. As a general rule, it is customary to provide buyer and seller information at the beginning of the purchase document. The information in this document contains the name of the designated distributor and your buyer; information about the vehicle: the manufacturer, the factory, the model, the model year, the VIN, the mileage. All this data needs to be checked in detail to ensure that everything matches the information of the vehicle you are buying. To be a valid contract, both the seller and the buyer must correctly sign this agreement with the witnesses and execute it on a valid stamp document, as applicable in the state of execution of the agreement.
This is often self-evident, but the information provided must be correct. Make sure all the personal data listed in the document is correct. PandaTip: It is not normal to include a warranty in a private sale, but if the seller wishes, you can change this clause if necessary. One suggestion might be: “The vehicle is sold with a guarantee of its ability to drive and continue to operate safely for a period of XXX months and any failures that occur during this period will be corrected at the seller`s expense, except for defects caused by the buyer.” The vehicle sales contract helps avoid litigation over the sale of the vehicle in the future. Important details about the vehicle can be included in this agreement. This agreement, which refers to different terms, such as the contract. B car purchase, usually contains information about the buyer, the dealer and the car itself. It also contains prices and how the vehicle is paid.