FREE 9+ Car Selling Contract Samples [ Private, Used, Payment ]

Selling private cars is a profitable business but the process of selling them can be quite risky. The two parties might come head to head with each other when problems arise within the negotiation period. That’s why it’s been established in the automobile business that there should be a contract between the seller and buyer to address issues before they materialize. If you’re planning on selling a car, this article can help you create a car sale contract.

9+ Car Selling Contract Samples

1. Car Buyers Sellers Contract

2. Second-Hand Car Sales Contract

3. Private Car Sale Contract

4. Private Used Car Sale Contract

5. Conditional Car Sales Contract

6. Dealer Consignment Vehicle Selling Contract

7. Used Car Invoice Sale Contract

8. Motor Vehicle Bill of Sale Contract

9. Car Installment Sales Contract

10. Automobile Bill of Sale Contract

What is a Car Sale Contract?

A car sale contract or also called a private car sale agreement, or vehicle sale agreement, or auto sales contract is an agreement between a car dealer and a buyer for the sale of a vehicle.  The contract also states the information of the vehicle the buyer is purchasing and the payment the buyer has to give. A contract is important in purchasing a car as it helps legalize the sale and regulates the agreement of both the buyer and seller.

How to Create a Car Sale Contract

In making a car sale agreement the following points below must be included in the contract:

1. Identify the Parties

The first sentence of the contract must put the buyer’s and seller’s full names and addresses. Also, include the reason for selling the vehicle.

2. Include the Sale Condition

The next sentence should be about the sale condition, you should put that you are the owner of the car for sale and the payment you received from the buyer. Also include details about the transfer of ownership for transparency.

3. Provide the Car Details and Its Condition

In describing your car, put the complete and specific information in the contract. In a paragraph, mention the maker, year, model, body type, vehicle identification number, mileage, engine number, and other distinguishable features. Note also the car’s exterior and interior conditions.

4. Outline The Terms of Sale

Indicate the date of sale, the sum of money agreed upon by both parties (whether full or deposit), and the method of payment that was agreed upon. Indicate also a warranty guarantee and outline the process of transferring the car’s title. Depending on your state’s regulations, you could either sign the title over to your buyer right away or notarize the title.

If both parties agreed to a payment plan and the buyer gave a down payment for the vehicle, you must provide a receipt to your buyer. To ensure yourself from fraudulent activities, you can hold onto your car’s title until the payment plan is complete.

5. Include a Disclosure Clause

A disclosure statement is a document given to the buyer in a transaction that explains terms and conditions. You have to assure the buyer that you informed him of any mechanical problems, defects, or damage that the vehicle might have or used to have.

6. Confirm All the Information Provided Are Accurate

Include a statement that says all the parties understand the implications of the contract. If there is any incorrect information written in the contract, it can be deemed null and void.