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Used Vehicle Sale Agreement Template for Malaysia

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Key Requirements PROMPT example:

Used Vehicle Sale Agreement

"I need a Used Vehicle Sale Agreement for selling my 2020 Toyota Camry to a private buyer in Malaysia, with payment to be made in three installments and final handover scheduled for March 2025."

Document background
The Used Vehicle Sale Agreement is essential for documenting the legal transfer of ownership of pre-owned vehicles in Malaysia. It is designed to comply with Malaysian legislation, including the Road Transport Act 1987 and Consumer Protection Act 1999, and is suitable for transactions between private individuals, dealers, or corporate entities. The agreement captures critical information such as vehicle details, sale price, payment terms, warranties, and the transfer process at the Road Transport Department (JPJ). It provides legal protection for both parties by clearly stating the vehicle's condition, any known defects, and the responsibilities of each party. This document is particularly important in the Malaysian context where used vehicle sales must follow specific regulatory requirements and documentation procedures.
Suggested Sections

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

2. Background: Brief context of the sale and confirmation that the seller owns the vehicle

3. Definitions: Definitions of key terms used throughout the agreement

4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, registration number, chassis number, engine number, and color

5. Purchase Price and Payment: Agreed purchase price and payment terms including deposit and balance payment arrangements

6. Seller's Representations and Warranties: Seller's declarations regarding vehicle ownership, condition, and legal status

7. Transfer of Ownership: Process and obligations for transferring vehicle ownership at JPJ (Road Transport Department)

8. Vehicle Condition: Current condition of the vehicle and any known defects or issues

9. Completion of Sale: Requirements and process for completing the sale including documentation and handover

10. Governing Law: Specification that Malaysian law governs the agreement

11. Execution: Signature blocks for parties and witnesses

Optional Sections

1. Financing Arrangements: Used when the purchase involves a loan or hire-purchase agreement

2. Inspection Period: Included when buyer is given a period to inspect and test the vehicle before finalizing the purchase

3. Trade-In Terms: Required when part of the payment includes a vehicle trade-in

4. Insurance Transfer: Details of insurance transfer or new insurance requirements if applicable

5. Intermediary Details: Included when a dealer or agent is involved in the sale

6. Post-Sale Repairs: Used when seller agrees to complete specific repairs before or after the sale

7. Dispute Resolution: Detailed dispute resolution procedures beyond standard court jurisdiction

Suggested Schedules

1. Schedule 1 - Vehicle Inspection Report: Detailed report of vehicle condition including photographs and mechanic's assessment

2. Schedule 2 - Service History: Record of vehicle maintenance and repair history

3. Schedule 3 - Payment Schedule: Detailed breakdown of payment terms if involving installments

4. Schedule 4 - Vehicle Documents: List of all documents provided with the vehicle (registration card, maintenance records, etc.)

5. Appendix A - Vehicle Photographs: Current dated photographs of vehicle exterior, interior, and any damage or defects

6. Appendix B - PUSPAKOM Inspection Report: Official vehicle inspection report if required

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






























Clauses

























Relevant Industries

Automotive

Transportation

Retail

Financial Services

Insurance

Fleet Management

Logistics

Car Rental

Vehicle Leasing

Automotive Trading

Relevant Teams

Legal

Sales

Finance

Compliance

Operations

Administrative

Risk Management

Documentation

Procurement

Customer Service

Relevant Roles

Sales Manager

Used Car Dealer

Fleet Manager

Legal Counsel

Compliance Officer

Administrative Officer

Finance Manager

Insurance Agent

Vehicle Inspector

Procurement Manager

Contract Administrator

Business Development Manager

Operations Manager

Risk Manager

Documentation Specialist

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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