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This is one of the important financing details that car dealerships use to create a valuation for vehicles, but which does not matter in a private vehicle purchase agreement. All of the details and information relevant to the sale can easily be included in your car purchase contract.
Often, selling your used car to a buyer is more economical than trading in your car to a car dealership. The biggest downside of this deal is the responsibility of creating your own car sales contract. Fortunately, a car or vehicle sales agreement is a simple document that you can make on your own.
A vehicle sale agreement is a document that can be used to lay out the details of the sale of a vehicle (e.g., a car, truck, van, motorcycle, boat, etc.) from a seller to a buyer. Using this agreement, the buyer and seller can outline the terms and conditions of the sale.
20 Printable Car Sale Contract Templates. Selling your car to a private buyer can sometimes earn you more than trading it to a dealership. While the added return is an excellent incentive, it is essential to note that this transaction requires that you draft your own car sale contract.
Use our private car sale contract template to create a legally binding contract between the buyer and seller of a vehicle. Our free sample car sale agreement outlines the responsibilities of both parties, payment terms and condition of vehicle transfer.
Create a contract to facilitate your private car sales seamlessly. Fill out and sign from any device. Customize with our drag-and-drop builder. No coding.
Private Party Sale of a Car. A private party sale is when a buyer purchases a car from an individual instead of a dealer. The buyer and seller should ensure that the title is transferred correctly by completing the title transfer section on the back of the title.
CONTRACT AND BILL OF SALE FOR AUTOMOBILE. _________________ ("Seller") agrees to sell to _________________ ("Buyer") the following automobile: [specify make, model and year of car], with Vehicle Identification Number _____________ (the “Vehicle”), pursuant to these terms:
When you pay in cash or credit and receive a used car at a dealership lot or a private party sales, you also receive a bill of sale or a pink slip with it. This printable purchase and sale agreement transfers the ownership of the vehicle from the seller to the buyer.
A BILL OF SALE IS: A general form that documents the transfer of a used or high-valued item from a seller to a buyer; A sales receipt for the purchase of vehicles, animals, and personal property such as bikes and firearms; Proof that a private sale occurred between friends, family, or acquaintances, or through a buy, sell, and trade website