Sample Agreement Buying Used Car
When buying a used car, it is important to have a written agreement to protect both the buyer and seller. This agreement should include all relevant details about the car and the terms of the sale. Here is a sample agreement for buying a used car:
Agreement for Sale of Used Car
This agreement (“Agreement”) is made and entered on [Date] by and between [Seller`s Name], with a mailing address of [Seller`s Address] (“Seller”), and [Buyer`s Name], with a mailing address of [Buyer`s Address] (“Buyer”).
Seller warrants and represents that:
1. The Seller is the sole owner of the vehicle described below and has full authority to sell it.
2. The vehicle is free from any liens or encumbrances, and there are no undisclosed defects in the vehicle.
3. The Seller has provided the Buyer with a complete and accurate description of the vehicle, including its make, model, year, identification number, and current mileage.
Buyer agrees to purchase the vehicle described below for the sum of [Purchase Price] payable in [Payment Method] to the Seller:
[Describe Vehicle]
Make:
Model:
Year:
Identification Number:
Mileage:
The Buyer acknowledges that they have inspected the vehicle and accepts it in its current condition, “as is.” The Buyer also agrees to be responsible for any licensing, registration, or other fees associated with the vehicle.
This Agreement constitutes the entire agreement between the Buyer and the Seller regarding the sale of the vehicle and supersedes all prior negotiations and agreements, whether written or oral. This Agreement may not be amended or modified except in writing signed by both parties.
This Agreement shall be governed by and construed in accordance with the laws of the state of [State], and any disputes arising under this Agreement shall be resolved in accordance with the laws of that state.
Both the Buyer and the Seller acknowledge that they have read and understood the terms and conditions of this Agreement and agree to be bound by them.
Seller`s Signature:
Date:
Buyer`s Signature:
Date:
By having a written agreement, both the buyer and seller can feel confident in the terms of their transaction. Remember to always thoroughly inspect the vehicle and ensure that all necessary paperwork is in order before making a purchase.