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The Car Sold As Is Contract is essential for transactions involving the sale of used vehicles in Canada where the seller wishes to transfer ownership without providing warranties beyond those required by law. This document is commonly used by both private sellers and dealerships when selling pre-owned vehicles in their current condition. The contract includes mandatory disclosures required by Canadian provincial and federal laws, details about the vehicle's condition, explicit warranty disclaimers, and necessary provisions for legal ownership transfer. It protects both parties by clearly documenting the "as is" nature of the sale and ensuring compliance with relevant consumer protection and vehicle safety regulations. The agreement is particularly important in provinces where specific disclosure requirements exist for vehicle sales.

1. Parties: Identification of the seller and buyer with full legal names and addresses

2. Background: Brief context of the sale and confirmation that both parties are entering into the agreement voluntarily

3. Definitions: Key terms used throughout the agreement including 'As Is', 'Vehicle', 'Purchase Price', etc.

4. Vehicle Description: Detailed description of the vehicle including make, model, year, VIN, color, odometer reading, and known conditions

5. Purchase Price and Payment: The agreed purchase price and payment terms including method and timing of payment

6. 'As Is' Acknowledgment: Clear statement that the vehicle is being sold 'as is' without any warranties or guarantees

7. Buyer's Inspection Rights: Confirmation that the buyer has been given the opportunity to inspect the vehicle and/or have it inspected by a mechanic

8. Seller's Representations: Limited representations about ownership, authority to sell, and absence of liens

9. Transfer of Title: Process and requirements for transferring vehicle ownership

10. Risk and Insurance: Transfer of risk and responsibility for insurance

11. Closing and Delivery: Details about the closing date and delivery of the vehicle

12. Entire Agreement: Standard clause confirming this document represents the complete agreement between parties

13. Governing Law: Specification that the agreement is governed by Canadian law and the applicable province

14. Execution: Signature blocks and date of signing