A Car purchase contract is prepared between an interested buyer and the concerned car dealer or the seller party. Such a contract is based on the financial terms, billings details and legitimate conditions.

Sample Car Purchase Contract:

Purchase contract number: CP/ 78

This contract is produced on December 26th, 2010 and is entered between Eagle Auto Dealer Pvt. Ltd, Address: office no: 45, 3rd floor, Bakers Street, New York, America, hereinafter referred as the seller party.

AND

Mr. James Spencer, Permanent Address: Flat No: 9, Jules Apartment, Cathedral Road, New York, America, hereinafter referred as the buyer party.

Car specifications:

Name of the Company: Honda

Name of the car: Honda city

Condition: New

Use: personal only

Whereas the buyer is willing to buy the car and the seller is agreed to sell the car.

This contract is effective from December 26th, 2010.

Following mentioned are the details and terms of the car purchase contract:

Seller obligations:

The seller will transfer the original paper of the vehicle in the name of the buyer party after receiving the full amount from the buyer.

Buyer’s responsibility:

The buyer will be solely responsible for maintaining the car, as any accidental damage will be the responsibility of the buyer party and the insurance company.

Payment term:

Mode of payment: Cash

Total Price of the Car: $15,000

Advanced amount paid: $ 2000

Amount of insurance to be paid: $ 1000

Thus total amount to be paid including insurance: $14,000

Acceptance of the contract:

Signature of the seller party:

Sarah Ferguson

Signature of the buyer party:

James Spencer

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