Vehicle Sale Contract

VEHICLE SALE CONTRACT

THIS VEHICLE SALE CONTRACT (the "Agreement") is made by and between Seller Name: with Mailing Address: and Buyer Name: with Mailing Address: .

RECITALS

WHEREAS, Seller is the lawful owner of the motor vehicle described below and has the full right and authority to sell the vehicle free of all encumbrances except those disclosed in this Agreement; and

WHEREAS, Buyer desires to purchase and accept transfer of the described motor vehicle 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 the full and binding understanding of the parties respecting the sale and transfer of the motor vehicle.

VEHICLE DESCRIPTION

ODOMETER DISCLOSURE: Seller certifies that the odometer reading set forth above is the actual mileage of the vehicle to the best of Seller's knowledge, unless disclosed otherwise below.

SCOPE OF SALE

Seller agrees to sell and Buyer agrees to purchase the vehicle described above together with the following accessories, spare parts and documentation (if any), and subject to the terms of this Agreement:

PAYMENT TERMS

Purchase Price: $ . Buyer shall pay the Purchase Price to Seller under the following schedule:

Payment Method(s): Cash Certified Check Wire/Bank Transfer

Late Payment: Any unpaid balance not paid when due shall accrue a late fee of per month or a flat fee of $ , whichever is greater, until paid in full.

Taxes and Registration: Buyer shall be responsible for all transfer taxes, registration fees, title fees, and other governmental charges associated with transfer of ownership unless otherwise agreed in writing.

TERM, DELIVERY AND TERMINATION

Effective Date of Agreement: . Anticipated Delivery/Closing Date: at .

Title Transfer: Upon payment in full of the Purchase Price, Seller shall execute and deliver to Buyer a properly endorsed certificate of title and any other documents required to transfer ownership to Buyer. Seller represents that the vehicle is free of undisclosed liens except as noted in this Agreement.

Termination: This Agreement may be terminated by written mutual consent of the parties or by either party upon material breach by the other party that remains uncured after days' written notice. Upon termination for breach, the non-breaching party may pursue all remedies available at law or in equity.

REPRESENTATIONS AND WARRANTIES

Seller represents and warrants that Seller is the lawful owner of the vehicle, has full authority to transfer title, and that there are no undisclosed security interests, liens, or claims against the vehicle except as set forth above. Buyer acknowledges that Buyer has been afforded the opportunity to inspect the vehicle and accepts the condition of the vehicle subject to the express terms of this Agreement.

WARRANTY: The parties agree that the vehicle is sold AS-IS, with no express or implied warranties as to condition or fitness for a particular purpose, and Buyer acknowledges and accepts such condition; or subject to the limited warranty described below.

CONFIDENTIALITY

The parties agree that the terms of this Agreement and any non-public information exchanged in connection with the negotiation and performance of this Agreement shall be held in confidence by the receiving party and shall not be disclosed to any third party except as required by law, as reasonably necessary to effectuate transfer of title, or with prior written consent of the disclosing party. Confidential information does not include information that is or becomes publicly available through no wrongful act of the receiving party.

INDEMNIFICATION

Each party shall indemnify, defend and hold harmless the other party from and against any and all claims, liabilities, losses, damages, costs and expenses (including reasonable attorneys' fees) arising from the indemnifying party's breach of its representations, warranties or obligations under this Agreement or from its negligent or willful acts or omissions in connection with this Agreement.

GOVERNING LAW; ENTIRE AGREEMENT

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, together with any attachments expressly incorporated herein, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings and representations, whether written or oral. No amendment or modification of this Agreement will be effective unless in writing and signed by both parties.

MISCELLANEOUS

Notices: Any notice required or permitted under this Agreement shall be in writing and shall be deemed given when delivered personally, sent by certified mail, return receipt requested, or sent by nationally recognized overnight courier to the addresses set forth above (or to such other address as a party may designate by notice).

Severability: If any provision of this Agreement is held to be invalid or unenforceable by a court of competent jurisdiction, the remaining provisions shall remain in full force and effect and the parties shall negotiate in good faith a substitute provision to effect the original intent.

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