M-Wakili

Ask a lawyer:
Draft a sample car sales agreement document

Sample Car Sales Agreement

Table of Contents

  1. Parties

  2. Vehicle Details

  3. Purchase Price and Payment

  4. Condition of Vehicle

  5. Transfer of Ownership

  6. Warranties and Disclaimers

  7. Default and Remedies

  8. Governing Law and Dispute Resolution

  9. Entire Agreement

  10. Notices

  11. Signatures

1. Parties

This Car Sales Agreement ("Agreement") is made and entered into as of [Date] by and between:

  • Seller: [Seller Full Name], residing at [Seller Address], with National Identification Card Number [Seller ID Number] ("Seller").

  • Buyer: [Buyer Full Name], residing at [Buyer Address], with National Identification Card Number [Buyer ID Number] ("Buyer").

2. Vehicle Details

The Seller agrees to sell and the Buyer agrees to purchase the following motor vehicle ("Vehicle"):

  • Make: [Vehicle Make]

  • Model: [Vehicle Model]

  • Year: [Vehicle Year]

  • Registration Number: [Vehicle Registration Number]

  • Chassis Number: [Vehicle Chassis Number]

  • Engine Number: [Vehicle Engine Number]

3. Purchase Price and Payment

  • Purchase Price: The purchase price of the Vehicle is Ksh. [Purchase Price] ("Purchase Price").

  • Payment: The Buyer shall pay the Purchase Price to the Seller as follows:

    • [Payment Method 1]

    • [Payment Method 2]

    • [Payment Method 3]

4. Condition of Vehicle

  • Inspection: The Buyer acknowledges that they have inspected the Vehicle and are satisfied with its condition.

  • "As Is" Sale: The Vehicle is being sold "as is" and without any warranties, express or implied, including but not limited to warranties of merchantability or fitness for a particular purpose.

  • Known Defects: The Seller has disclosed the following known defects in the Vehicle: [List of Known Defects]

5. Transfer of Ownership

  • Transfer Documents: The Seller shall provide the Buyer with all necessary documents to transfer ownership of the Vehicle to the Buyer, including but not limited to:

    • Logbook

    • Certificate of Ownership

    • Insurance Documents

    • Vehicle Registration Documents

  • Transfer Timeframe: The Seller shall transfer ownership of the Vehicle to the Buyer within [Number] days of the full payment of the Purchase Price.

6. Warranties and Disclaimers

  • No Warranties: The Seller makes no warranties, express or implied, with respect to the Vehicle, including but not limited to warranties of merchantability, fitness for a particular purpose, or quiet enjoyment.

  • Disclaimer of Liability: The Seller shall not be liable for any damages arising from the Vehicle, including but not limited to damages for personal injury, property damage, or economic loss.

7. Default and Remedies

  • Default: If the Buyer fails to make any payment due under this Agreement within [Number] days of the due date, the Seller may, at its option, declare the Buyer in default of this Agreement.

  • Remedies: Upon the Buyer's default, the Seller may, at its option, take any or all of the following remedies:

    • Accelerate the remaining balance of the Purchase Price.

    • Repossess the Vehicle.

    • Pursue legal action to recover any unpaid amounts.

8. Governing Law and Dispute Resolution

  • Governing Law: This Agreement shall be governed by and construed in accordance with the laws of Kenya.

  • Dispute Resolution: Any dispute arising out of or relating to this Agreement shall be settled amicably between the parties. If the parties are unable to reach an amicable settlement, the dispute shall be referred to arbitration in accordance with the Arbitration Act, 1995.

9. Entire Agreement

This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior or contemporaneous communications, representations, or agreements, whether oral or written.

10. Notices

All notices and other communications hereunder shall be in writing and shall be deemed to have been duly given when delivered personally, sent by certified mail, return receipt requested, or sent by overnight courier service, addressed as follows:

  • If to Seller: [Seller Address]

  • If to Buyer: [Buyer Address]

11. Signatures

IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

Seller:

[Seller Signature]

[Seller Printed Name]

Buyer:

[Buyer Signature]

[Buyer Printed Name]

Witness:

[Witness Signature]

[Witness Printed Name]

Witness Address: [Witness Address]

National Identification Card Number: [Witness ID Number]


Sources:

  • Kenya Law Reports

  • Arbitration Act, 1995

  • Sample Car Sales Agreement

  • Sample Car Sales Agreement


Answered by mwakili.com