An automobile dealership contract is a contract or a legal document which is signed between the manufacturer of an automobile brand and a dealer who sells the automobile for the manufacturer. Such contracts are signed for a fixed period of time and for a certain amount of money involved.
Sample automobile dealership contract
This contract is made effective as on 24th June 2011
This automobile dealership contract deals with the automobile brand Fujit Autos. This contract has been made by and between Fujit Autos which is herein referred to as the COMPANY and Soya Auto dealers which is herein referred to as the DEALER
Owner: Mr. George Timothy
Head office address: G-90, Hem Street, CA
Owner: Mr. Samuel Black
Showroom address: C-90, max fort road, CA
The COMPANY wishes to hand over dealership of all their cars produced between the year 2000 and 2011.
The total dealership amount to be paid each month is: $100000
Period of contract: 24 months
The following are the terms and conditions of the contract:
- TERMINATION: Contract will terminate on 24th June 2013
- This contract enables DEALER to sell cars produced by Fujit Autos for 2 years under their dealership address
- The DEALER will place order for slot of automobiles 15 days in advance to requirement date.
- The COMPANY shall send an employee to check sales report every month and to collect dealership payment according to its monthly value
Both the parties agree to the covenants of the contract and give their validation as follows: