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New Car Sales Contract Template for Singapore

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Key Requirements PROMPT example:

New Car Sales Contract

"I need a New Car Sales Contract for selling a BMW 330i to a private buyer in Singapore, with provisions for a trade-in vehicle and extended warranty package for delivery in March 2025."

Document background
The New Car Sales Contract is a fundamental document used in Singapore's automotive retail sector for the purchase of new vehicles. It ensures compliance with Singapore's strict vehicle ownership regulations, including the Certificate of Entitlement (COE) system and emissions standards. The contract protects both dealer and buyer interests by clearly defining the vehicle specifications, payment terms, warranty conditions, and delivery arrangements. This document is essential for establishing legal ownership and ensuring adherence to Land Transport Authority (LTA) requirements and consumer protection laws.
Suggested Sections

1. Parties: Details of the seller (dealership) and buyer, including full legal names, identification numbers, and addresses

2. Background: Context of the sale and basic information about the transaction

3. Definitions: Key terms used throughout the contract

4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, VIN, color, and specifications

5. Purchase Price: Total price, payment terms, deposit requirements, and payment schedule

6. COE Details: Certificate of Entitlement information, bidding arrangements, and related terms

7. Delivery Terms: Expected delivery date, conditions, and procedures

8. Warranties: Standard manufacturer warranty terms and conditions

Optional Sections

1. Trade-in Terms: Details of any trade-in vehicle arrangement when buyer is trading in an existing vehicle

2. Financing Terms: Details of hire purchase or loan arrangements when buyer is using financing

3. Extended Warranty: Terms of any additional warranty coverage when extended warranty is purchased

4. Additional Services: Terms for additional services like insurance, maintenance packages when additional services are included in sale

Suggested Schedules

1. Schedule 1 - Vehicle Specification Sheet: Detailed technical specifications of the vehicle

2. Schedule 2 - Payment Schedule: Detailed breakdown of payment terms and installments

3. Schedule 3 - Warranty Terms: Full warranty terms and conditions

4. Appendix A - Vehicle Inspection Report: Pre-delivery inspection report

5. Appendix B - COE Documentation: COE bidding and registration documents

6. Appendix C - Optional Extras: List of additional features or accessories purchased

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

























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Industries

Sale of Goods Act (SOGA): Primary legislation governing the sale of goods in Singapore, establishing basic contractual requirements, rights, and obligations in sales transactions

Consumer Protection (Fair Trading) Act (CPFTA): Key legislation protecting consumer rights, including Lemon Law provisions specific to vehicle sales and unfair trade practices

Motor Vehicles (Third-Party Risks and Compensation) Act: Legislation governing mandatory insurance and third-party liability requirements for motor vehicles

Road Traffic Act: Primary legislation governing road usage, vehicle registration, and licensing requirements in Singapore

LTA Regulations: Land Transport Authority regulations covering vehicle quotas, registration, technical specifications, and road worthiness requirements

Certificate of Entitlement (COE): mandatory certificate required for vehicle ownership in Singapore, subject to quota and bidding system

Vehicle Quota System (VQS): System regulating the number of new vehicles allowed on Singapore roads through COE quotas

Euro 6 Emission Standards: mandatory vehicle emission standards that all new cars must comply with in Singapore

Lemon Law: Consumer protection provision under CPFTA specifically dealing with defective goods, including vehicles

Unfair Contract Terms Act: Legislation regulating unfair terms in consumer contracts, including vehicle sales agreements

Hire Purchase Act: Legislation governing vehicle financing through hire purchase arrangements

GST Act: Goods and Services Tax regulations affecting vehicle pricing and transactions

MAS Vehicle Financing Regulations: Monetary Authority of Singapore rules governing loan-to-value ratios and maximum loan tenure for vehicle financing

Warranty Requirements: Manufacturer and dealer warranty obligations, including both standard and extended warranty provisions

Vehicle Registration Requirements: LTA-mandated procedures and documentation for new vehicle registration and ownership transfer

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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