Used Cars Sale Agreement

USED CAR SALE AGREEMENT

This Used Car Sale Agreement (the "Agreement") is made and entered into on by and between Seller Name: and Buyer Name: .

WHEREAS

WHEREAS, Seller is the lawful owner of the motor vehicle described below and has the full legal right and authority to sell and transfer title to the vehicle; and

WHEREAS, Buyer desires to purchase the vehicle from Seller and Seller desires to sell the vehicle to Buyer on the terms and conditions set forth in this Agreement; and

WHEREAS, the parties intend that this Agreement constitute a final, binding and enforceable transfer of the described vehicle upon satisfaction of the payment and transfer conditions herein.

VEHICLE DESCRIPTION

SCOPE OF WORK

The parties agree that the primary scope of this Agreement is the sale and transfer of the vehicle described above. Seller shall deliver the vehicle, the certificate of title (or a properly executed transfer document), and any keys and manuals to Buyer upon receipt of full payment as provided in Payment Terms. Any additional work, repairs, or conditions to be performed by Seller or Buyer must be set forth below.

PAYMENT TERMS

Sale Price: $

Deposit Amount (if any): $    Date deposit paid:

Balance Due: $    Balance Due Date:

Cash   Certified Check   Bank Transfer   Other:

Late Fee: If the balance is not paid by the Balance Due Date, interest shall accrue at a rate of on the outstanding balance, or the maximum permitted by law, whichever is less.

TERM AND TERMINATION

This Agreement is effective as of the date first written above and shall terminate upon completion of the transfer of title and payment in full, unless earlier terminated in accordance with this section. Start Date: . Expected End Date: .

Either party may terminate this Agreement for material breach that remains uncured for days after written notice to the other party. In the event of valid termination by Buyer due to Seller's breach, Buyer may recover deposit and any direct costs reasonably incurred.

CONFIDENTIALITY

The terms of this Agreement, including price and payment terms, shall be treated as confidential by both parties and their agents. Confidential information shall not be disclosed to third parties except as required by law, to enforce the terms of this Agreement, or with the prior written consent of the other party.

REPRESENTATIONS, WARRANTIES, AND DISCLAIMERS

Seller represents and warrants that Seller is the legal owner of the vehicle, that the vehicle will be conveyed free of any undisclosed liens or encumbrances, and that Seller has full authority to transfer title. Seller further represents the odometer reading provided above is, to the best of Seller's knowledge, the actual mileage of the vehicle unless disclosed otherwise in writing.

EXCEPT FOR THE LIMITED REPRESENTATIONS EXPRESSLY STATED IN THIS AGREEMENT, THE VEHICLE IS SOLD "AS IS" WITHOUT ANY OTHER EXPRESS OR IMPLIED WARRANTIES, INCLUDING BUT NOT LIMITED TO ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. Buyer acknowledges that Buyer has had the opportunity to inspect the vehicle and accepts the vehicle in its current condition except as expressly set forth in this Agreement.

TRANSFER OF TITLE AND DELIVERY

Upon receipt of full payment, Seller shall deliver to Buyer a properly executed certificate of title and any other documents required to complete the lawful transfer of ownership. Seller shall deliver the vehicle at the following location: on or before .

TAXES AND FEES

All transfer taxes, registration fees, and other governmental charges arising from the transfer of the vehicle shall be the responsibility of unless otherwise agreed in writing.

INDEMNIFICATION

Each party agrees to indemnify, defend and hold harmless the other party from and against any losses, liabilities, or claims arising from the indemnifying party's breach of its representations, warranties or obligations under this Agreement, except to the extent caused by the indemnitee's own gross negligence or willful misconduct.

GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the State of , without regard to conflict of law principles.

ENTIRE AGREEMENT

This Agreement, including any exhibits or additional written terms signed by both parties, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous understandings, agreements, representations and warranties, both written and oral.

MISCELLANEOUS

If any provision of this Agreement is held invalid or unenforceable, the remaining provisions shall continue in full force and effect. No amendment to this Agreement is effective unless in writing and signed by both parties.

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