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Vehicle Sales Agreement

This 2-page sales agreement document outlines the terms and conditions for the sale of a vehicle. It includes details of the buyer and seller, specifications of the vehicle being sold such as make, model, engine number, and mileage. It states the agreed upon sale price and payment details including deposit and balance due. It also lists the scheduled handover date and specifies terms such as compensation for the buyer if the seller fails to deliver the vehicle and non-refundability of the deposit if the buyer backs out of the purchase. The seller agrees to hand over keys, manuals and documents and preserve the vehicle's condition at time of sale.

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jastaruk
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31K views2 pages

Vehicle Sales Agreement

This 2-page sales agreement document outlines the terms and conditions for the sale of a vehicle. It includes details of the buyer and seller, specifications of the vehicle being sold such as make, model, engine number, and mileage. It states the agreed upon sale price and payment details including deposit and balance due. It also lists the scheduled handover date and specifies terms such as compensation for the buyer if the seller fails to deliver the vehicle and non-refundability of the deposit if the buyer backs out of the purchase. The seller agrees to hand over keys, manuals and documents and preserve the vehicle's condition at time of sale.

Uploaded by

jastaruk
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

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SALES AGREEMENT (Page 1 of 2)

1. This form states the terms & conditions of sale of the below mentioned vehicle.

2. The buyer is advised to take pictures of the seller’s vehicle as proof of condition in
view of point no. 6 under Terms & Condition.

Date

Buyer Details

Name
NRIC No.
Address
Contact No.

Seller Details

Name
NRIC No.
Address
Contact No.

Details of Vehicle:

Make/Model Year of Manufacture


Engine No. Vehicle Reg. No.
Chassis No. Original Reg. Date
Road Tax Expiry Colour
OMV $ No. of Transfers
COE Value $ Last Mileage km

I, the Buyer, hereby agrees to buy from the Seller, the above mentioned Vehicle for the sum

of $____________________.

_________________________ _______________________
Buyer’s Signature Seller’s Signature

Page 1 of 2
SALES AGREEMENT (Page 2 of 2)

Details of Transaction:

Car Price Agreed $

Deposit $

Others $

Balance Due $

Details of Scheduled Hand Over:

Hand Over Date


Remarks

Terms & Conditions:

1. If the seller does not fulfil the agreement to sell the said vehicle, the seller has to
compensate the buyer an amount equal to twice the amount of the deposit paid by the
buyer.

2. If the buyer does not fulfil the agreement to purchase the said vehicle, the deposit
will not be refunded.

3. If the buyer is unable to get the loan approval for the vehicle, deposit is refundable if
proper documentations for non-approval are provided.

4. Transfer fee of the vehicle is to be borne by the buyer and is not included in the
agreed car price.

5. It is agreed that the seller is to hand over the spare keys, handbook and other
documents which are related to the said vehicle, to the buyer, upon time of delivery.

6. At the time of hand over, the seller undertakes to preserve the condition of the
vehicle as at the time of sale and with all accessories intact.

_________________________ _______________________
Buyer’s Signature Seller’s Signature

Page 2 of 2

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