HTML Preview Sample Sales Agreement page number 1.
VEHICLE SALES AGREEMENT
THIS VEHICLE SALES AGREEMENT is made this ____ day of ____________, 20___, by and
among _______________________ of _________________________ (hereinafter known as
"Seller") and ______________, of ____________________ (hereinafter known as "Buyer").
Buyer and Seller shall collectively be known herein as "the Parties".
BACKGROUND
WHEREAS, Seller desires to sell the vehicle described below, known herein as the "Acquired
Vehicle", under the terms and conditions set forth below;
WHEREAS, Buyer desires to purchase the Acquired Vehicle offered for sale by Seller under the
terms and conditions set forth below; and, therefore,
TERMS AND CONDITIONS
IN CONSIDERATION of the mutual promises and other valuable consideration exchanged by
the Parties as set forth herein, the Parties, intending to be legally bound, hereby agree as follows:
A. Description of Acquired Vehicle.
1.
Make: __________
2.
Model: __________
3.
Body Type: __________
4.
Body Color: __________
5.
Year: __________
6.
Miles: __________
7.
Vehicle Identification Number ("VIN"): __________________________
B. Consideration.
1.
Purchase Price. The total purchase price to be paid by Buyer to Seller for the
Acquired Vehicle is ______________________________ dollars ($_______)
(U.S.) (hereinafter "Purchase Price") consisting of the following components:
i.
Down-payment: $__________ (Due to Seller on or before execution of
this agreement.)
ii. Payment Due at Delivery of Vehicle to Buyer: $__________
The "down-payment" and “payment due at delivery” are to be made by Buyer to
Seller in cash, by certified check, or through another instrument acceptable to
Seller. Buyer must receive permission in advance from Seller for use of a non-
certified check in payment of the Purchase Price.
C. Delivery of Acquired Vehicle and Conveyance of Title
1. Delivery of Acquired Vehicle. Seller shall deliver the Acquired Vehicle, and
Buyer shall take possession of same, at Seller's premises (either in person or
through a third party) on or before __________ ("Delivery Date"). If delivery is
to be made at a date after the execution of this contract, it is Seller's duty to
ensure that the Acquired Vehicle is delivered in the same condition as when last
inspected by the Buyer (or, if no Buyer inspection, the execution date of this
agreement). It is Buyer's duty, either in person or through a third party to appear
at Seller's premises during standard business hours on or before the Delivery
Date to remove the Acquired Vehicle from Seller's premises. However, if Buyer
fails to appear at Seller's premises on or before the Delivery Date to accept