The As Is Car Sale Agreement is essential when transferring ownership of a used vehicle without warranties in the United States. This document protects both parties by clearly documenting the terms of sale and explicitly stating that the vehicle is sold in its current condition without guarantees. It's particularly important for private sellers and small dealerships to use this agreement to avoid future liability claims. The agreement complies with federal regulations including the FTC Used Car Rule and state-specific requirements for vehicle transfers. It should include detailed vehicle information, price, condition disclosure, and clear warranty disclaimers.
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1. Parties: Identification of buyer and seller with complete contact information
2. Background: Brief context of the sale transaction
3. Definitions: Key terms used in the agreement
4. Vehicle Description: Detailed description of the vehicle including VIN, make, model, year, and mileage
5. Purchase Price: Agreed purchase price and payment terms
6. As Is Condition: Clear statement that vehicle is sold 'as is' without warranties
7. Transfer of Title: Terms regarding the transfer of vehicle ownership
8. Signatures: Execution block for both parties
1. Known Defects: Optional section listing any known vehicle issues or defects that the seller is aware of
2. Payment Terms: Optional section detailing payment schedule or installment terms when payment isn't made in full at signing
3. Delivery Terms: Optional section specifying details about vehicle delivery or pickup arrangements when delivery isn't immediate upon signing
1. Vehicle Inspection Report: Recent inspection details if available
2. Vehicle History Report: CarFax or similar report showing vehicle history
3. Maintenance Records: Documentation of previous maintenance work performed on the vehicle
4. Vehicle Condition Photos: Current photographs documenting the vehicle's condition at time of sale
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