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Car Buying Contract
"I need a Car Buying Contract for my dealership in Jakarta to sell a new 2025 Toyota Camry to a corporate client, including financing options through our preferred bank partner and an extended warranty package."
1. Parties: Identification of the seller and buyer with complete legal names, addresses, and identification numbers
2. Background: Brief context of the transaction and confirmation that the seller owns the vehicle and has the right to sell it
3. Definitions: Definitions of key terms used throughout the agreement
4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, color, engine number, chassis number, and registration number
5. Purchase Price: The agreed purchase price and payment terms, including deposit requirements and final payment details
6. Transfer of Ownership: Terms and process for transferring vehicle ownership, including registration transfer requirements
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. Completion of Sale: Process and requirements for completing the sale, including document handover
10. Risk and Insurance: Transfer of risk and insurance responsibilities
11. Governing Law: Confirmation that Indonesian law governs the agreement
12. Dispute Resolution: Process for resolving any disputes related to the sale
13. Signatures: Execution blocks for both parties and witnesses
1. Financing Terms: Include when the purchase involves bank financing or installment payments
2. Condition Precedents: Include when there are specific conditions that must be met before completion
3. Vehicle Maintenance History: Include for used vehicles with significant service history
4. Trade-in Terms: Include when the buyer is trading in another vehicle as part of the purchase
5. Dealer Warranty: Include for new vehicles or when dealer is providing additional warranty
6. After-sales Service: Include when the deal includes specific after-sales service agreements
7. Insurance Arrangements: Include when the seller is assisting with insurance procurement
1. Schedule 1 - Vehicle Specification: Detailed technical specifications of the vehicle
2. Schedule 2 - Vehicle Condition Report: Detailed assessment of the vehicle's current condition with photographs
3. Schedule 3 - Payment Schedule: Detailed breakdown of payment terms if involving installments
4. Schedule 4 - Required Documents: List of all documents required for transfer of ownership
5. Appendix A - Vehicle Registration Documents: Copies of current vehicle registration documents
6. Appendix B - Service History: Records of vehicle maintenance and service history
7. Appendix C - Insurance Documents: Details of existing insurance and transfer requirements
Authors
Automotive
Retail
Financial Services
Insurance
Transportation
Legal Services
Consumer Goods
Fleet Management
Legal
Sales
Finance
Compliance
Procurement
Operations
Risk Management
Administrative Services
Business Development
Customer Service
Document Control
Sales Manager
Legal Counsel
Finance Manager
Compliance Officer
Fleet Manager
Procurement Manager
Business Development Manager
Contract Administrator
Risk Manager
Automotive Dealer
Vehicle Registration Officer
Insurance Agent
Corporate Secretary
Operations Manager
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