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Used Car Sell Agreement for the United States

Used Car Sell Agreement Template for United States

A Used Car Sale Agreement is a legally binding document used in the United States to formalize the transfer of ownership of a pre-owned vehicle from seller to buyer. The agreement outlines the terms and conditions of the sale, including vehicle details, purchase price, warranties, and both parties' rights and obligations. It complies with federal regulations such as the FTC Used Car Rule and state-specific DMV requirements.

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What is a Used Car Sell Agreement?

The Used Car Sale Agreement serves as a crucial legal document in the United States for protecting both buyer and seller interests in used vehicle transactions. This contract type is essential for documenting the terms of sale, vehicle condition, and transfer of ownership while ensuring compliance with federal regulations like the FTC Used Car Rule and state-specific requirements. The agreement typically includes detailed vehicle information, price, payment terms, warranties, and disclaimers, helping prevent future disputes and providing legal recourse if needed. It's particularly important given the significant financial nature of vehicle transactions and varying state requirements for used car sales.

What sections should be included in a Used Car Sell Agreement?

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

2. Background: Brief context of the sale transaction

3. Definitions: Key terms used in the agreement

4. Vehicle Description: Detailed description including make, model, year, VIN, mileage

5. Purchase Price: Agreed price and payment terms

6. Transfer of Title: Terms of ownership transfer

7. Representations and Warranties: Seller's statements about vehicle condition

8. Signing and Execution: Signature blocks and date

What sections are optional to include in a Used Car Sell Agreement?

1. Financing Terms: Terms and conditions of seller financing if applicable

2. Extended Warranty: Details of any additional warranty coverage offered

3. Trade-in Details: Specifications and terms related to any vehicle being traded in as part of the transaction

What schedules should be included in a Used Car Sell Agreement?

1. Schedule A - Vehicle Condition Report: Detailed inspection report documenting the vehicle's condition at time of sale

2. Schedule B - Service History: Documentation of past maintenance and repairs

3. Schedule C - Warranty Documentation: Copies of any applicable warranty agreements

4. Schedule D - Vehicle Photos: Photographic documentation of vehicle condition at time of sale

Authors

Alex Denne

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

Jurisdiction

United States

Publisher

Ƶ

Cost

Free to use
Clauses

























Industries

FTC Used Car Rule: Federal regulation requiring dealers to display a Buyers Guide window sticker on used cars with warranty and other important information

Truth in Lending Act: Federal law requiring disclosure of credit terms and costs in financing arrangements for vehicle purchases

Magnuson-Moss Warranty Act: Federal law governing consumer product warranties, requiring clear disclosure of warranty terms and conditions

Federal Odometer Act: Law requiring accurate disclosure of vehicle mileage during transfer of ownership to prevent odometer fraud

State Consumer Protection Laws: State-specific regulations protecting buyers from unfair practices, fraud, and deceptive sales tactics in vehicle transactions

State Lemon Laws: State-specific laws providing remedies for vehicles with recurring problems, sometimes applicable to used cars

State Vehicle Transfer Requirements: State-specific procedures and documentation required for transferring vehicle ownership

State Warranty Laws: State-specific regulations governing warranty terms, implied warranties, and warranty disclaimers for used vehicles

UCC Article 2: Uniform Commercial Code provisions governing sales of goods, including vehicles, covering contracts, warranties, and remedies

DMV Regulations: State-specific Department of Motor Vehicles rules governing vehicle registration, titles, and transfers

Environmental Requirements: State and local regulations regarding vehicle emissions and environmental compliance

Sales Tax Requirements: State and local tax obligations and reporting requirements for vehicle sales transactions

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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