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Car Sale Contract With Payments
"I need a Car Sale Contract With Payments for selling a new BMW from my dealership to a private buyer, with monthly installments over 36 months starting March 2025, including retention of title and early payment discount provisions."
1. Parties: Identification of the seller and buyer with full legal names, addresses, and relevant registration numbers (KvK for businesses)
2. Background: Brief context of the sale transaction and the parties' intentions
3. Definitions: Definitions of key terms used throughout the agreement
4. Vehicle Description: Detailed description of the vehicle including make, model, year, VIN, registration number, mileage, and current condition
5. Purchase Price: Total purchase price, including VAT (BTW) and any other applicable taxes
6. Payment Terms: Detailed payment schedule, including down payment, installment amounts, payment dates, and payment methods
7. Transfer of Ownership: Conditions and timing of ownership transfer, including retention of title provisions until full payment
8. Vehicle Delivery: Terms and conditions of vehicle delivery or collection, including timing and location
9. Seller's Warranties: Warranties provided by the seller regarding the vehicle's condition and legal status
10. Buyer's Obligations: Buyer's responsibilities including insurance, maintenance during payment period
11. Default and Remedies: Consequences of payment default and available remedies for both parties
12. Registration and Documentation: Requirements for vehicle registration transfer at RDW and handling of documentation
13. Governing Law: Specification of Dutch law as governing law and jurisdiction
14. Signatures: Execution clause and signature blocks for all parties
1. Trade-in Vehicle: Details of any vehicle being traded in as part of the purchase, including condition and valuation
2. Insurance Requirements: Specific insurance requirements if the seller requires particular coverage during the payment period
3. Maintenance Agreement: Optional maintenance or service agreement terms if included in the sale
4. Early Payment Provisions: Terms for early payment of the remaining balance and any applicable discounts
5. Third-Party Finance: Terms relating to external financing if the buyer is using a third-party lender
6. Vehicle Modifications: Terms regarding permitted or prohibited modifications during the payment period
7. Export Restrictions: Restrictions on exporting the vehicle before full payment, if applicable
8. Dispute Resolution: Optional mediation or arbitration provisions before court proceedings
1. Schedule 1 - Vehicle Condition Report: Detailed report of the vehicle's condition at time of sale, including photographs
2. Schedule 2 - Payment Schedule: Detailed breakdown of all payments, due dates, and payment methods
3. Schedule 3 - Vehicle Documentation: Copies of vehicle registration, maintenance history, and technical inspections
4. Schedule 4 - Warranty Terms: Detailed warranty terms and conditions if applicable
5. Appendix A - Vehicle Handover Checklist: Checklist of items to be verified and signed off during vehicle handover
6. Appendix B - Required Insurance Documentation: Template or requirements for insurance documentation
Authors
Automotive
Retail
Financial Services
Insurance
Transportation
Fleet Management
Vehicle Leasing
Consumer Goods
Legal
Finance
Sales
Compliance
Operations
Risk Management
Customer Service
Administrative Support
Credit Control
Business Development
Sales Manager
Finance Manager
Legal Counsel
Compliance Officer
Automotive Sales Representative
Fleet Manager
Credit Controller
Contract Administrator
Business Development Manager
Risk Manager
Operations Manager
Dealership Manager
Financial Controller
Customer Service Manager
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