Free Used Vehicle Purchase Agreement

This Used Vehicle Purchase Agreement (the "Agreement") is made and entered into as of June 15, 2055, by and between [Your Name], located at Lubbock, TX 79401 (the "Seller"), and Bennie Goodwin, located at Glendale, CA 91201 (the "Buyer").
I. Vehicle Details
The details of the vehicle being sold are as follows:
Make | Model | Year | VIN | Odometer Reading | Color |
|---|---|---|---|---|---|
Toyota | Corolla | 2016 | 1NXBU4EE5GZ123456 | 60,000 miles | Red |
II. Purchase Price
The total purchase price for the vehicle is $10,000, which the Buyer agrees to pay to the Seller upon execution of this Agreement.
III. Payment Method
The Buyer will pay the purchase price in full in cash at the time of the transaction.
IV. No Liens
The Seller guarantees that the vehicle is free from all liens, claims, and encumbrances. The vehicle will be transferred to the Buyer with a clear title at the time of sale.
V. Condition of Vehicle
The Buyer acknowledges that the vehicle is being sold "as-is" with no warranties or guarantees, either express or implied, except as specified in this Agreement. The Buyer has had the opportunity to inspect the vehicle and accepts it in its current condition.
VI. Transfer of Ownership
Upon full payment, the Seller agrees to transfer the ownership of the vehicle to the Buyer, including all necessary documents required for the transfer of title and registration.
VII. Governing Law
This Agreement shall be governed by and construed by the laws of the state of Texas.
VIII. Entire Agreement
This Agreement constitutes the entire understanding between the parties and supersedes all prior agreements, whether written or oral, relating to the subject matter of this Agreement.
IN WITNESS WHEREOF, the parties hereto have executed this Used Vehicle Purchase Agreement as of the day and year first above written.
Seller's Details | Buyer's Details |
|---|---|
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Simplify your vehicle transactions with Template.net's Used Vehicle Purchase Agreement Template. Fully editable and customizable, it ensures seamless documentation tailored to your needs. Effortlessly modify terms, details, and clauses with our Editable in our Ai Editor Tool, saving you time and effort. Perfect for buyers and sellers, this template offers clarity and professionalism in every deal.
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[Your Name]