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Car Buying Agreement

Car Buying Agreement Template for Indonesia

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Key Requirements PROMPT example:

Car Buying Agreement

"I need a Car Buying Agreement for the private sale of my 2020 Toyota Camry to an individual buyer in Jakarta, with a planned completion date of March 15, 2025, including standard warranty terms and a requirement for the buyer to arrange their own insurance."

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Document background
The Car Buying Agreement serves as a legally binding document under Indonesian law that facilitates and formalizes the transfer of vehicle ownership between parties. This document is essential for both private and commercial vehicle sales in Indonesia, ensuring compliance with local regulations including the Indonesian Civil Code, consumer protection laws, and transportation regulations. It should be used whenever a vehicle ownership transfer occurs, whether between private individuals, through dealerships, or in commercial fleet transactions. The agreement includes crucial details such as vehicle specifications, payment terms, warranties, and transfer requirements, while also addressing tax obligations and registration procedures. It provides legal protection for both buyers and sellers by clearly documenting the terms of sale and responsibilities of each party.
Suggested Sections

1. Parties: Identifies and provides full details of the seller and buyer, including their legal names, addresses, and identification numbers

2. Background: Establishes the context of the agreement and confirms the seller's ownership and right to sell the vehicle

3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty

4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, color, engine number, chassis number, and registration details

5. Purchase Price and Payment Terms: Specifies the agreed purchase price, payment method, and payment schedule

6. Transfer of Ownership: Details the process and timing of ownership transfer, including documentation requirements under Indonesian law

7. Seller's Representations and Warranties: Seller's guarantees regarding vehicle condition, ownership, and absence of encumbrances

8. Buyer's Acknowledgments: Buyer's confirmation of vehicle inspection and acceptance of condition

9. Registration and Documentation: Requirements for vehicle registration transfer and necessary documentation

10. Taxes and Costs: Allocation of responsibility for taxes, transfer fees, and other costs

11. Governing Law and Dispute Resolution: Specifies Indonesian law as governing law and outlines dispute resolution process

12. Execution: Signature blocks and execution requirements

Optional Sections

1. Financing Terms: Required when the purchase involves financing arrangements or installment payments

2. Insurance Requirements: Included when specific insurance arrangements are part of the agreement

3. Trade-In Details: Used when the transaction involves a trade-in vehicle

4. Delivery Terms: Required when delivery arrangements are complex or involve specific conditions

5. Extended Warranty: Included when additional warranty coverage is being provided beyond standard terms

6. Condition Precedents: Used when the sale is subject to specific conditions being met before completion

7. Post-Sale Services: Required when the agreement includes maintenance or service arrangements

Suggested Schedules

1. Schedule A - Vehicle Inspection Report: Detailed report of vehicle condition, including photographs and technical assessment

2. Schedule B - Payment Schedule: Detailed breakdown of payment terms and installments if applicable

3. Schedule C - Vehicle Documentation: Copies of registration papers, tax receipts, and other relevant documents

4. Schedule D - Warranty Terms: Detailed warranty terms and conditions

5. Schedule E - Vehicle Service History: Complete service history and maintenance records

6. Appendix 1 - Required Transfer Documents: List and copies of all documents required for legal transfer under Indonesian law

7. Appendix 2 - Insurance Certificates: Copies of relevant insurance documentation

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions






































Clauses






























Relevant Industries

Automotive

Retail

Financial Services

Insurance

Transportation

Legal Services

Consumer Goods

Fleet Management

Relevant Teams

Legal

Compliance

Sales

Finance

Administration

Risk Management

Procurement

Contract Management

Business Development

Documentation

Relevant Roles

Legal Counsel

Compliance Officer

Fleet Manager

Sales Manager

Finance Manager

Administrative Officer

Risk Manager

Procurement Manager

Contract Administrator

Business Development Manager

Vehicle Registration Officer

Documentation Specialist

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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