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Used Car Sales Invoice for Philippines

Used Car Sales Invoice Template for Philippines

A Used Car Sales Invoice is a legally binding document used in the Philippines for the sale and transfer of ownership of pre-owned vehicles. This document complies with the requirements of the Philippine Land Transportation Office (LTO), Consumer Act of the Philippines, and relevant tax regulations. It serves as official proof of sale, detailing the vehicle specifications, condition, purchase price, and complete information of both buyer and seller. The document includes mandatory disclosures about the vehicle's condition, odometer reading, and known defects as required by Philippine consumer protection laws.

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Used Car Sales Invoice

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What is a Used Car Sales Invoice?

A Used Car Sales Invoice is a crucial document required for any second-hand vehicle transaction in the Philippines. It serves as both a receipt and a legal instrument that facilitates the transfer of vehicle ownership. This document is essential for compliance with Philippine regulations, including the Consumer Act, Land Transportation Office requirements, and tax laws. It must be used whenever a used vehicle is sold, whether between private parties or through a dealership. The invoice includes vital information such as vehicle specifications, seller and buyer details, purchase price, payment terms, and vehicle condition disclosures. It helps protect both parties' interests and is required for vehicle registration transfer at the LTO. The document should be notarized to provide additional legal validity and meet local administrative requirements.

What sections should be included in a Used Car Sales Invoice?

1. Title and Date: Document identification as Used Car Sales Invoice with date of transaction

2. Seller Details: Complete name, address, and contact information of the seller

3. Buyer Details: Complete name, address, and contact information of the buyer

4. Vehicle Information: Detailed description of the vehicle including make, model, year, color, engine/chassis numbers, plate number, and current registration details

5. Sale Price and Payment: Purchase price in words and figures, payment terms, and method of payment

6. Odometer Declaration: Current odometer reading and certification of its accuracy

7. Vehicle Condition: As-is condition statement and known defects disclosure

8. Transfer of Ownership: Statement of transfer of all rights, title, and interest in the vehicle

9. Seller's Representations: Declarations regarding vehicle ownership, liens, and encumbrances

10. Acknowledgment: Confirmation that both parties have read and understood the terms

11. Signatures: Space for signatures of buyer, seller, and witnesses with dates

What sections are optional to include in a Used Car Sales Invoice?

1. Warranty Terms: Include if seller is providing any form of warranty or guarantee

2. Payment Schedule: Required if payment is to be made in installments

3. Trade-in Details: Include if there is a vehicle trade-in as part of the transaction

4. Dealer Certification: Required if the seller is a registered car dealer

5. Commission Details: Include if a broker or agent is involved in the sale

What schedules should be included in a Used Car Sales Invoice?

1. Vehicle Inspection Report: Detailed inspection results and condition assessment

2. Vehicle Registration Documents: Copies of current registration papers and payment receipts

3. Service History: Records of maintenance and repairs

4. Photographic Evidence: Photos of vehicle condition and identifying marks

5. LTO Clearance: Certificate showing no pending violations or encumbrances

6. Insurance Documents: Details of existing insurance and transfer requirements

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

Jurisdiction

Philippines

Document Type

Invoice Form

Sector

Sales

Cost

Free to use
Relevant legal definitions



































Clauses




















Relevant Industries

Automotive

Used Car Sales

Vehicle Trading

Automotive Retail

Transportation

Vehicle Leasing

Automotive Finance

Insurance

Legal Services

Vehicle Registration Services

Relevant Teams

Sales

Legal

Compliance

Finance

Administration

Documentation Processing

Customer Service

Vehicle Registration

Quality Assurance

Risk Management

Relevant Roles

Used Car Sales Manager

Automotive Sales Executive

Car Dealer

Vehicle Documentation Specialist

Compliance Officer

Legal Counsel

Finance Manager

Insurance Agent

Administrative Officer

Car Broker

Vehicle Registration Officer

Automotive Business Owner

Fleet Manager

Documentation Clerk

Sales Administrator

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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