CAR DEPOSIT RECEIPT
I, ______________________, received _____________ as a deposit towards the purchase of
the following vehicle:
The seller sold the above vehicle to the buyer, ___________________, for a total purchase
price of ___________________. Buyer is to pay balance of _____________ by _____________.
The buyer understands, acknowledges, and agrees that if he/she fails to pay the seller the
remaining _________________ due by the mentioned date, the non-refundable deposit will
be forfeited.
The seller hereby agrees in consideration of payment of the non-refundable deposit to
withdraw the above vehicle from the market until the above date and to transfer title of the
vehicle to the buyer upon receipt of the remaining amount due.
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