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Car Exchange Agreement Template

PandaTipp: If there is more than one registered owner on the vehicle, you can use the “Find and Replace” feature to replace the word “seller” with “seller” (plural). All sellers must then sign on the fulfillment page (signature). 2.10 Once the Buyer has purchased the Vehicle and payment has been made, the Seller is obliged to transfer the Vehicle to the Buyer. PandaTip: It is not normal to include a guarantee in a private sale, but if the seller wishes, you can change this clause if necessary. One proposal could be as follows: “The vehicle is sold with a guarantee of fitness to drive and continuous safe operation for a period of XXX months and all deficiencies found during this period will be corrected at the seller`s expense, excluding only defects caused by the buyer.” PandaTip: This clause assumes that the vehicle is sold by an individual (and not by a mechanic, car dealer, etc.). The law varies from country to country, and generally speaking, commercial sellers are more responsible, so private sellers should make it clear that they are not acting as companies in this case….