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Sales Contract For Car
"I need a Sales Contract For Car for selling my used 2022 Mercedes-Benz GLE to a private buyer in Dubai, with payment in three installments and the final handover scheduled for March 2025."
1. Parties: Identification of seller and buyer with full legal names, Emirates ID numbers, and contact details
2. Background: Context of the sale and confirmation that the seller owns the vehicle and has the right to sell it
3. Definitions: Key terms used in the agreement including 'Vehicle', 'Purchase Price', 'Completion Date', etc.
4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, color, chassis number, engine number, and current mileage
5. Purchase Price: Agreed purchase price, payment terms, and method of payment
6. Completion: Details of when and where the vehicle handover will take place
7. Seller's Warranties: Warranties regarding vehicle ownership, condition, and absence of encumbrances
8. Transfer of Ownership: Process and obligations for transferring vehicle registration and ownership
9. Risk and Insurance: Transfer of risk and insurance responsibilities
10. Governing Law: Confirmation that UAE law governs the agreement
11. Signatures: Execution blocks for all parties
1. Financing Terms: Include when purchase involves bank financing or installment payments
2. Extended Warranty: Include when seller is providing additional warranty beyond statutory requirements
3. Trade-in Details: Include when transaction involves a trade-in vehicle
4. Condition Report: Include for used vehicles to detail current condition and any known issues
5. Post-Sale Services: Include when seller is providing additional services like maintenance packages
6. Agent Authorization: Include when either party is represented by an agent
1. Vehicle Specification Sheet: Detailed technical specifications and features of the vehicle
2. Vehicle Condition Report: Comprehensive report on vehicle condition including photographs
3. Service History: Record of vehicle maintenance and service history
4. Payment Schedule: If payment is in installments, detailed payment schedule with dates and amounts
5. Required Documents List: List of documents required for transfer of ownership
6. Warranty Terms: Detailed warranty terms and conditions if applicable
Authors
Automotive
Retail
Financial Services
Insurance
Transportation
Fleet Management
Luxury Goods
Vehicle Leasing
Legal
Sales
Finance
Operations
Compliance
Risk Management
Commercial
Procurement
Customer Service
Administrative
Sales Manager
Fleet Manager
Legal Counsel
Contracts Administrator
Automotive Finance Manager
Dealership Manager
Commercial Director
Procurement Manager
Vehicle Operations Manager
Compliance Officer
Business Development Manager
Risk Manager
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