Vehicle Sale Agreement

This Vehicle Sale Agreement ("Agreement") is made on [Date] by and between [Seller Name] residing at [Seller Address] ("Seller") and [Buyer Name] residing at [Buyer Address] ("Buyer") collectively referred to as the "Parties".

I. Vehicle Details

Make: Toyota
Model: Camry
Year: 2018
Vehicle Identification Number (VIN): 1HGCM56787A123456
Mileage: 50,000 miles
Color: Silver

II. Purchase Price

The Buyer agrees to purchase the above-described vehicle from the Seller for the total purchase price of $15,000. The Buyer has paid a deposit of $3,000 to the Seller. The remaining balance of $12,000 shall be paid by the Buyer to the Seller upon the transfer of ownership.

III. Condition of the Vehicle

The Seller certifies that to the best of their knowledge, the vehicle is in good condition and is free from any known defects, except for the following:

Minor scratches on the driver's side door: Small surface scratches are present on the paint of the driver's side door, likely resulting from normal wear and tear associated with daily use.
Small dent on the rear bumper: A small indentation or bump is noticeable on the rear bumper of the vehicle, likely caused by a minor impact or collision.
Slight wear on the driver's seat upholstery: The fabric or leather of the driver's seat shows minor signs of fraying or fading, indicative of regular use over time.
Scuff marks on the alloy wheels: There are scuff marks or minor abrasions on the alloy wheels, possibly from contact with curbs or road debris.
Chips on the windshield: Small chips or nicks are visible on the windshield, likely caused by gravel or other debris while driving.

IV. Transfer of Ownership

The Seller agrees to transfer ownership of the vehicle to the Buyer upon receipt of the full purchase price. The Seller will provide all necessary paperwork and documents required for the transfer of ownership, including the title and any applicable registration documents.

VI. Warranties

The Seller in this Agreement provides no explicit or implicit promises or warranties regarding the state, quality, or functioning of the car for sale, except for those clearly outlined in this Agreement. The car is sold "as is", in its current state, and the Seller bears no responsibility or liability for any discrepancies, irregularities, faults, problems, or issues that may surface or become noticeable after the sale transaction is completed.

V. Liabilities and Responsibilities

The Buyer acknowledges that they have inspected the vehicle to their satisfaction and accepts it in its current condition. The Buyer agrees to assume all liabilities and responsibilities associated with the ownership and operation of the vehicle from the date of transfer of ownership.

VI. Terms and Conditions

6.1 Inspection Period

The Buyer shall have 7 days from the date of signing this agreement to conduct a thorough inspection of the vehicle. Any issues discovered during this period shall be addressed by the Seller at their expense before the final sale is completed.

6.2 Delivery Arrangements

The Seller agrees to deliver the vehicle to the Buyer's specified location at the Seller's expense on [Date]. Any delivery delays must be communicated to the Buyer at least 48 hours in advance.

6.3 Payment Method

The entity or person serving as the buyer in this deal has consented to settle the outstanding amount of the purchase price via a bank transfer once the entire ownership exchange concludes. Additionally, all relevant payments about this transaction must be executed in the predefined currency, henceforth addressed as [Currency].

6.4 Title Transfer

The Seller agrees to provide the Buyer with the vehicle's title and any necessary transfer documents upon receipt of full payment. The Buyer shall be responsible for any applicable taxes, fees, or registration costs associated with the transfer of ownership.

6.5 Dispute Resolution

In the event of any disputes arising from this agreement, both parties agree to first attempt to resolve the matter amicably through negotiation. If a resolution cannot be reached, either party may seek legal recourse through arbitration or mediation by the laws of [Jurisdiction]

6.6 Warranty Disclaimer

The Seller makes no warranties, express or implied, regarding the vehicle, except as expressly stated in this Agreement. The vehicle is sold "as is," and the Seller shall not be liable for any defects or issues that arise after the sale.

VII. Governing Law

The Agreement mentioned here must comply with and be construed under the specific legal mandates and norms determined by the [Governing Law] of the pertinent jurisdiction. This adherence to the rule of law, as specified by the said [Governing Law], secures the legal validity and enforceability of the entire Agreement within that jurisdiction.

[Seller Name]

[Buyer Name]