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Car Sale Agreement

This Car Sale Agreement is made between Sudheer Singh (Seller) and Pushpendra Mohan (Buyer) for the sale of a Maruti Suzuki Eeco for ₹70,000, with an advance of ₹20,000 paid and the remaining amount to be paid in installments. The Buyer is responsible for transferring ownership and any liabilities arising after the agreement date, while the Seller bears any pre-existing liabilities. The agreement includes provisions for security cheques and jurisdiction in Delhi for any disputes.

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45 views4 pages

Car Sale Agreement

This Car Sale Agreement is made between Sudheer Singh (Seller) and Pushpendra Mohan (Buyer) for the sale of a Maruti Suzuki Eeco for ₹70,000, with an advance of ₹20,000 paid and the remaining amount to be paid in installments. The Buyer is responsible for transferring ownership and any liabilities arising after the agreement date, while the Seller bears any pre-existing liabilities. The agreement includes provisions for security cheques and jurisdiction in Delhi for any disputes.

Uploaded by

apoorv.rastogi99
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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CAR SALE AGREEMENT

This Car Sale Agreement ("Agreement") is made and entered into on this
___ day of ____________, 2025 at Delhi, by and between:

Sudheer Singh S/o Deep Chand Singh R/o 7/253 Jawahar Mohalla, Farsh
Bazar, Shahdara, Delhi – 110032 Aadhaar No.: 2129-5566-0711
(Hereinafter referred to as the “First Party” or “Seller”)

AND

Pushpendra Mohan S/o Suresh Chand R/o H.7/79, Front of Amar Ashram,
Amar Jawan School Jawala nagar, Shahdara, East Delhi, Delhi – 110032
Aadhaar No.: 6360-7145-0685 (Hereinafter referred to as the “Second
Party” or “Buyer”)

WHEREAS the First Party is the lawful owner of the below-described


motor vehicle:

 Make: Maruti Suzuki India Ltd


 Model: Eeco 7 STR STD
 Color: Glistening Grey
 Registration Number: DL5CT2951
 Year of Manufacture: October 2021
 RC Card Serial Number: 031312719
 Financier (if any): AXIS Bank Ltd
 Seating Capacity: 7
 Unladen Weight: 940 kg
 Horse Power: 72.36

AND WHEREAS the First Party has agreed to sell and the Second Party
has agreed to purchase the aforementioned vehicle for a mutually agreed
consideration and on the terms and conditions set forth herein.

NOW, THEREFORE, this Agreement witnesses as under:

1. That the total sale consideration for the aforesaid vehicle has been mutually
agreed between the parties that ₹70,000/- (Rupees Seventy Thousand Only)
will be given in cash. Out of the said amount, a sum of ₹20,000/- (Rupees
Twenty Thousand Only) has been paid by the Buyer to the Seller in cash as
an advance prior to the execution of this Agreement.
The remaining balance of ₹50,000/- (Rupees Fifty Thousand Only) shall be
paid by the Buyer in cash on the date of execution of this Agreement; and
the remaining amount of sale consideration shall be paid in 25 equal
monthly installments of ₹10,000/- (Rupees Ten Thousand Only) each.
2. That both parties have exchanged five (5) security cheques each as a
precautionary safeguard. These cheques are not to be encashed unless and
until any default or breach of this Agreement occurs.

 Seller's Cheques (issued to Buyer):


 Cheque No. 000541 drawn on Canara Bank
 Cheque No. 000542 drawn on Canara Bank
 Cheque No. 000543 drawn on Canara Bank
 Cheque No. 000544 drawn on Canara Bank
 Cheque No. 000545 drawn on Canara Bank
 Buyer’s Cheques (issued to Seller):
 Cheque No. 117300 drawn on IDBI Bank
 Cheque No. 117301drawn on IDBI Bank
 Cheque No. 117302 drawn on IDBI Bank
 Cheque No. 117303 drawn on IDBI Bank
 Cheque No. 117304 drawn on IDBI Bank
o All cheques shall be returned to the respective original issuer after successful
clearance of all installments. And to make the note of that the last security
cheque will be returned back to the seller only when the title of vehicle in
changed in the vehicle’s RC.
2. It is hereby agreed that the Buyer shall be solely responsible for effecting the
transfer of ownership of the said vehicle in his name. Any delay, cost, or
procedural issue associated with the same shall not be attributed to the
Seller.
3. It is expressly agreed that any penalties, challans, or liabilities, including any
legal or financial dues, pending in relation to the said vehicle prior to the
date of this Agreement shall be borne by the Seller. Any liability, legal
action, penalty, or dues arising on or after the date of execution of this
Agreement shall be the sole responsibility of the Buyer.
4. The Seller hereby confirms that possession of the said vehicle, along with all
relevant documents including the Registration Certificate (RC), Insurance (if
any), and Pollution Under Control Certificate (if any), has been handed over
to the Buyer on the date of execution of this Agreement.
5. The Buyer hereby agrees to indemnify and keep indemnified the Seller from
and against all actions, suits, proceedings, losses, damages, expenses, or
claims arising out of or in connection with the use of the said vehicle from
the date of this Agreement onwards.
6. That the courts at Delhi shall have exclusive jurisdiction to entertain and
adjudicate any disputes arising out of or in relation to this Agreement.
IN WITNESS WHEREOF, the parties hereto have set their respective hands
to this Agreement on the day, month, and year first above written.

FIRST PARTY (SELLER) SECOND PARTY (BUYER)

WITNESSES:-

1. Name: ___________________________
Address: ___________________________
Signature: ___________________________
2. Name: ___________________________
Address: ___________________________
Signature: ___________________________

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