standard Vehicle Exchange Agreement Template

3.8 The purchaser guarantees that he buys a used vehicle “as intended” and that he assumes responsibility for the vehicle with the sole exception of deliberately hidden errors, provided that it is received at the signing of this Contract. Once the payment has been received, the seller agrees to transfer the buyer`s property to the next vehicle to the buyer: If you accept the exchange of vehicles with your stock exchange partner, it is advisable to submit the conditions in writing. To avoid problems and misunderstandings, both parties must fill out, print, sign and send signed copies to this form (or similar). Use the following guidelines: 1.1 “Vehicle” and “Vehicle” are both the vehicle that must be sold in accordance with Clause 9. . PandaTip: Change this clause based on the agreed payment method. For example, if the two parties agree on the planned payments: “The payment is made according to the following schedule: 01/01/2017 $100.00 (cash) 02/01/2017 $200.00 (to be paid by cheque) 03/01/2017 300,00 0 0 (to be paid by bank transfer) Other examples could be: “Cash payment of 10,000.00 USD in full” “Payment by bank transfer of 10,000.00 USD to account details XXXX Trircode XXXX” “Payment of the amount of 10,000.00 USD per cheque.” 2.11 The seller is not responsible for subsequent fault, normal wear or defects, unless these defects have been deliberately concealed or if a guarantee is offered by the buyer to the Seller. PandaTip: This clause explains that, even if there is a written error in the agreement, the contract is binding on both parties if they actually incent the sale. PandaTip: It is not normal to include a warranty in a private sale, but if the seller wishes, you can change this clause if necessary.

One suggestion might be: “The vehicle is sold with a guarantee of its ability to drive and continue to operate safely for a period of XXX months and any failures that occur during this period will be corrected at the seller`s expense, except for defects caused by the buyer.” PandaTip: Remove arbitration if you don`t like it. 1.5 The title names of this Agreement are used only as a reference and are not part of the Agreement. PandaTip: Delete or change retail lines if necessary. PandaTip: Both parties may wish to keep original signed copies of the agreement for future references. 3.3 Payment of the vehicle is made under the agreed conditions and specified in point 4. I agree to pay the Seller the full and final payment of ` for the purchase of the vehicle in the manner specified in the agreement. 3.1 The buyer must pay the agreed price to the seller. 2.5 There are no financings, leftovers or outstanding debts allocated to the vehicle.

2.1 The seller ensures that all the indications provided are correct. Vehicle Identification Number (VIN): 3.7 The buyer has consulted the vehicle at the seller`s address and accepts the vehicle in its current condition, as can be seen in the view or views. 2.3 The seller guarantees that he is the true owner of the vehicle and that the vehicle was not stolen in his soul and conscience and that there are no other circumstances of which the seller is aware that could reasonably influence the seller`s correct title on the vehicle. PandaTip: If there is more than one owner registered in the vehicle, you can use the “Search and Replace” feature to replace the word “seller” with “seller” (plural).