Looking to buy or sell a car privately? A private sale car contract is a legal document that can help protect both parties involved in the transaction. Here is a sample private sale car contract to get you started.
This agreement is made between the Seller (Name and Address) and the Buyer (Name and Address) on the date of (Date)
License Plate Number:
The selling price for the vehicle shall be (Price in words) (Price in numbers) payable by (Cash/Cheque/Bank Transfer/PayPal) to the Seller.
CONDITION OF VEHICLE:
The Seller agrees that the vehicle is sold in its current condition with all faults and defects (“as-is” condition) and assumes no responsibility for any repairs or maintenance after the sale.
The Seller declares that they are the rightful owner of the vehicle and have the full authority to sell it. The Seller assumes no responsibility for any warranty expressed or implied, and the Buyer acknowledges that the vehicle is purchased “as-is” with no warranty.
TRANSFER OF TITLE:
The Seller agrees to transfer the title of the vehicle to the Buyer upon receipt of full payment. The Seller warrants that the vehicle is free of any liens or encumbrances and has a clear title. The Seller shall provide the Buyer with the vehicle’s certificate of ownership, registration certificate, and any other relevant documents.
The Buyer is responsible for obtaining insurance on the vehicle immediately upon taking ownership. The Seller assumes no responsibility for any loss or damage to the vehicle after the sale.
This contract shall be governed by and construed in accordance with the laws of (State/Province/Country).
The Seller and Buyer acknowledge that they have read, understood, and agreed to all the terms and conditions of this contract.
Seller’s Signature: ___________________________ Date: ___________
Buyer’s Signature: ____________________________ Date: ___________
A private sale car contract is a crucial document to have when buying or selling a car privately. It outlines the terms and conditions of the transaction and serves as a legal record of the sale. It’s essential to have the contract reviewed by a lawyer and both parties should keep a copy for their records.