Car Purchase Agreement Template: The car purchase agreement is a legal document that is prepared to legalize the transaction. It is important for both buyer and seller to sign this document in order to avoid any type of legal hassles in the future. The signature of both parties should be there on an agreement. This is basically the last step after you have decided what car you choose to buy. All the important and relevant information related to car deal better buyer and seller is included in this document to officially legalize the entire transaction. The information in this agreement should be easily understandable to both parties.
It’s always a celebration and an overwhelming moment when you buy something you always desired. Buying a car or any type of vehicle is a big deal and it should be celebrated. But in all that excitement or celebration, don’t forget to complete the documentation or paperwork. Make sure to have a car purchase agreement ready to sign with all the relevant and necessary information. Refer to the templates here to take assistance from.
Used Car Purchase Agreement Template
Car Purchase Agreement Template
What to Include in a Car Purchase Agreement?
A car purchase agreement or car sale agreement is a legal document which is prepared between the buyer and the seller in order to finalize the car sale deal. Paperwork is done before buying a car. Here is the common information that is included in a car purchase agreement. Make sure to have this information in your agreement, you can add other information as well depending on the type of agreement you’re making.
- mention name & address of the seller
- mention name & address of the buyer
- date of the sale
- price of the car or vehicle
- mention model number, year, color, description of the purchased car
- mention car or vehicle identification number (VIN)
- number of km or miles on the meter
- the signatures of both the buyer and the seller.
Now you know what to include in an agreement. Refer to the templates here to see how an actual agreement looks like. You can use any template from here which suits your requirement.
Important Note: Make sure to check the details and information of the agreement properly before signing it. Both the parties i.e. a buyer and the seller should agree to the terms & conditions. You can proceed to sign the document once you are fully satisfied with the information and details in the agreement.
If you are purchasing a car or any type of vehicle from a dealer or private seller, then make sure to sign the purchase agreement to close the deal. This agreement acts as written proof of the transaction. You can prepare an agreement in MS word or else take a look at the free templates shared here. It’s better to have an editable template downloaded in order to save some time and effort. It’s easier to make changes in an agreement template once you have an agreement download in MS word format.
