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The Simple Car Purchase Agreement is a fundamental legal document used in the Philippines for documenting the sale and transfer of motor vehicles. This agreement is essential for both private sales and dealership transactions, providing a clear framework for the terms and conditions of the sale while ensuring compliance with Philippine regulations, including the Civil Code, Consumer Act, and Land Transportation and Traffic Code. The document typically includes comprehensive vehicle details, price and payment terms, warranties, and transfer requirements. It serves as crucial evidence of the transaction and helps prevent future disputes while facilitating proper registration transfer with the Land Transportation Office (LTO). The agreement can be customized to accommodate various scenarios, including private sales, dealer transactions, and financing arrangements, while maintaining its core purpose of protecting both parties' interests in a vehicle sale transaction.

1. Parties: Identification of the Seller and Buyer with complete names, addresses, and contact information

2. Background: Brief context of the transaction and confirmation that the Seller owns the vehicle and has the right to sell it

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

4. Vehicle Details: Complete description of the vehicle including make, model, year, color, engine number, chassis number, plate number, and mileage

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

6. Transfer of Ownership: Terms regarding the transfer of vehicle ownership and required documentation

7. Seller's Representations and Warranties: Seller's guarantees regarding vehicle condition, ownership, and absence of liens or encumbrances

8. Buyer's Acknowledgments: Buyer's confirmation of vehicle inspection and acceptance of condition

9. Delivery: Terms regarding the physical transfer of the vehicle, including timing and location

10. Documentation and Registration: Requirements for transfer of registration and other necessary documentation

11. Governing Law: Specification that the agreement is governed by Philippine law

12. Execution: Signature blocks for parties and witnesses, with notarization requirements