VEHICLE SALES AGREEMENT

possession of the Acquired Vehicle, then risk of loss passes to the Buyer on the
THIS VEHICLEDelivery
K. Acknowledgements.
SALES AGREEMENTDate.Each party acknowledges
is made this ____ thatdayhe or of she has had an adequate
____________, 20___, by and
2.
among _______________________ of _________________________ upon
Conveyance
opportunity to read of
and Title.
study Seller
this shall
Agreement, convey to title
considerto Buyer
it, to consult delivery
(hereinafterwithknownof theas if
attorneys
he or shevehicle
has so to Buyer.
desired. Seller agrees and covenants
"Seller") and ______________, of ____________________ (hereinafter known as "Buyer"). to execute all documents presented
Exclusive
L. and
Buyer by
Seller shallBuyer
Jurisdictionwhich
collectively are
forbe necessary
Suit
knownin Case to
hereinfinalize
of Breach transfer
. The Parties, by entering intoupon
as "the Parties". of title and registration this the
agreement,Acquired
submitVehicle to Buyer.
to jurisdiction in __________________ for adjudication of any
Representations,
D. disputes and/or claims Warranties,
between and Disclosures
the parties
BACKGROUND under this agreement. Furthermore, the parties
Warranties.
1. agree
hereby that the courts of ___________________ shall have exclusive jurisdiction
WHEREAS, This
over anyvehicle
disputes
Seller is sold
desires between"ASthe
to sell IS",
the and Seller
parties
vehicle relative
described does not agreement,
tobelow,
this inknown
any way, expressly
whether
herein as thesaidordisputes
"Acquired
soundimpliedly,
in contract, give any
tort, warranties
or other
Vehicle", under the terms and conditions set forth below; areas to
of Buyer.
the law. Seller expressly disclaims any
M.implied
State warranties
Law. This Agreementof merchantability or of fitness
shall be interpreted for and
under, a particular
governedpurpose.
by, the laws of the
WHEREAS, 2. Odometer
state Buyer desires to purchase the Acquired Vehicle offeredodometer
Declaration.
of ___________________. Seller hereby states that the for sale by in Seller
the Acquired
under the
Vehicle now reads __________miles
terms and conditions set forth below; and, therefore, and to the best of Seller's knowledge it
reflects the actual mileage of the vehicle described herein.
IN WITNESS Buyer Representation
3. WHEREOF and acknowledging
TERMS . The AND individual
acceptance
CONDITIONS signing
and agreement
this agreement of theon foregoing,
behalf ofSeller
and Buyer affix their
Buyersignatures
hereby represents
hereto. to Seller that he or she has the power and authority to do
IN CONSIDERATION so on behalf of theofmutual
Buyer.promises and other valuable consideration exchanged by
the Parties as set forth herein, the−−
E. Buyer's Responsibility Insurance
Parties, and to
intending Tags be .legally
Buyer bound,acknowledges that unless
hereby agree as follows:
SELLER
A. prohibited
Description byofapplicable
Acquiredlaw, any insurance
Vehicle. BUYERcoverage, license, tags, plates or registration
maintained
1. Make: by Seller
__________on the Acquired Vehicle shall be canceled upon delivery of the
Acquired Vehicle
2. Model: __________ to, and the acceptance of, by Buyer.
F. Continuation
3. Body Type: __________ and Warranties
_______________________________of Representations ___________________________________
. All representations and warranties
____________________
contained in this Agreement
4. Body Color: __________ (if any) shall ____________________
continue in full force and effect after execution
of this agreement.
5. Year: __________ If either party later learns that a warranty or representation that it made
Dated: _____________
is untrue, it is under
6. Miles: ____,a 20__
__________ duty to promptly disclose Dated: _____________
this information to ____,
the other
20__ party in
writing. No representation or warranty contained
7. Vehicle Identification Number ("VIN"): __________________________ herein shall be deemed to have been
waived or
B. Consideration. impaired by any investigation made by or knowledge of the other party to this
Agreement.
1. Purchase Price. The total purchase price to be paid by Buyer to Seller for the
G. Indemnification
Acquired of Attorneys
Vehicle Fees and out-of-pocket costs. Should
is ______________________________ any($_______)
dollars party
materially breach this agreement (including representations
(U.S.) (hereinafter "Purchase Price") consisting of the following components: and warranties made to the
other side), the i. non-breaching
Down-payment: party shall be indemnified
$__________ (Due to Seller by the onbreaching
or before party for itsof
execution
reasonable attorneys fees
this agreement.)and out-of-pocket costs which in any way relate to, or were
precipitated ii. by, the breachDue
Payment of this contract of
at Delivery (including
Vehicle to theBuyer:
breach$__________
of representations or
warranties).
The "down-payment" and “payment due at delivery” are toeither
This provision shall not limit in any way the remedies be made partybymay
Buyer have
to
otherwise possessed in law or equity relative to a breach
Seller in cash, by certified check, or through another instrument acceptable to of this contract. The term "out-
of-pocket costs",
Seller. as used
Buyer must inreceive
this contract, shall in
permission notadvance
include from lost profits.
Seller for use of a non-
H. Integration.
certifiedThischeck
Agreement,
in payment including
of thethe attachments
Purchase Price.mentioned in the body as
incorporated
C. Delivery by reference,
of Acquired sets and
Vehicle forthConveyance
the entire agreement of Title between the Parties with regard
to the
1. Delivery of Acquired Vehicle. Seller shall representations
subject matter hereof. All prior agreements, deliver the Acquired and warranties,
Vehicle, and express
or implied, oral or written, with respect to the subject
Buyer shall take possession of same, at Seller's premises (either in person or matter hereof, are hereby
superseded by this
through agreement.
a third party) on This or is an integrated
before __________ agreement.
("Delivery Date"). If delivery is
I. Severability . In the event any provision of
to be made at a date after the execution of this contract, this Agreement is deemed to be void,
it is Seller's duty invalid,
to
or unenforceable,
ensure thatthat theprovision
Acquiredshall Vehicle be severed
is delivered frominthe theremainder
same conditionof this asAgreement
when lastso
as not toinspected
cause theby invalidity
the Buyer or (or,
unenforceability
if no Buyer inspection,of the remainder of this Agreement.
the execution date of this All
remaining provisions of this Agreement shall then
agreement). It is Buyer's duty, either in person or through a third partycontinue in full force and effect. If any
to appear
provision shall be deemed invalid due to its scope or
at Seller's premises during standard business hours on or before the Delivery breadth, such provision shall be
deemed Date
valid to to remove
the extent theof the scope
Acquired and breadth
Vehicle permitted
from Seller's by law.However, if Buyer
premises.
J. Modification . Except as otherwise provided
fails to appear at Seller's premises on or before the Deliveryin this document, this agreement
Date to acceptmay be
modified, superseded, or voided only upon the written and signed agreement of the
Parties. Further, the physical destruction or loss of this document shall not be construed
as a modification or termination of the agreement contained herein.