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The Letter of Intent to Sell Vehicle is a crucial preliminary document used in Saudi Arabia when parties wish to formalize their intention to enter into a vehicle sale transaction before creating a final sale agreement. This document is particularly useful when there are conditions that need to be met before the final sale can proceed, such as vehicle inspections, financing arrangements, or administrative processes. It typically includes essential information about the vehicle, proposed price, and basic terms while complying with Saudi Arabian traffic laws and commercial regulations. While not legally binding for the final sale, it demonstrates serious intent and can help prevent misunderstandings between parties. The document is commonly used in both private and commercial vehicle sales, providing a framework for the subsequent sale agreement and helping ensure compliance with local legal requirements.

1. Letter Date and Location: Date of the letter and place of writing, essential for legal reference

2. Addressee Details: Full name and address of the potential buyer

3. Subject Line: Clear indication that this is a Letter of Intent to Sell Vehicle

4. Seller Information: Full name, address, and contact details of the current vehicle owner

5. Vehicle Details: Essential information including make, model, year, VIN, registration number, and current mileage

6. Intended Sale Price: Proposed selling price in Saudi Riyals

7. Basic Terms: Fundamental conditions of the intended sale including payment method and timeline

8. Duration of Intent: Validity period of the letter of intent

9. Signature Block: Space for seller's signature, date, and contact information