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.
Mr. James Spencer, Permanent Address: Flat No: 9, Jules Apartment, Cathedral Road, New York, America, hereinafter referred as the buyer party.
Name of the Company: Honda
Name of the car: Honda city
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:
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.
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.
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:
Signature of the buyer party: