Vehicle Sales Letter Agreement Template to Copy

Life is a mix of buying and selling. And at one point or another, a vehicle must either be sold or bought, necessitating a vehicle sales letter template.

Selling a vehicle involves a drawn-out procedure because it requires extensive documentation. You do not want to seal the deal with a handshake, especially if you sell your Vehicle to a total stranger. This does not ensure your safety in the future.

A vehicle sale letter is an official contract that serves as a pledge between the Buyer and the Seller of a vehicle. It also serves as a contract to protect your interests and avoid any potential legal issues.

This guide provides vehicle sample letters you can edit to suit your needs.

What Must a Vehicle Sales Letter Contain?

The vehicle sale letter contains the specifics of selling a vehicle from a seller to a buyer. Terms and conditions of the transaction, as well as information about the Vehicle being sold, must also be specified.

The letter must also include clauses addressing fundamental sale logistics, such as the purchase price and delivery information. 

A vehicle sales letter must be as specific as both parties desire. But the letter should contain details regarding the warranty and more general legal provisions. These provisions should describe what might happen in the event of a disagreement. It must be a well-written agreement and adequately documented to safeguard one or both parties.

Vehicle Sales Letter Template

The following are templates you can use in writing vehicle sale letters:

Template 1

Buyer:

Located at:

CNIC#/ NTN#[ If the purchaser is a company]

Seller:

Located at:

CNIC# [Input CNIC number] / NTN# (If the Seller is a company)

The Seller hereby transfers to the Buyer the full ownership of the following used Vehicle:

Make:

Model:

Engine number:

Chassis number:

Description:

Registration number:

The sale is effective on the acquisition value of PKR [description of payment method]. Purchaser agrees to pay the merchant the agreed amount on [insert date]. The Vehicle is just as it is, with no warranties or conditions expressed or tacit. The merchant can offer the purchaser with the Vehicle’s title and [list the other documents provided, like a recent examination report].

By appending their signature below, each party acknowledges their agreement to be sealed.

Seller, Date: ……………………………………………………………………….

Buyer, Date: ……………………………………………………………………….

Template 2

_________________ (“Seller”) agrees to sell at a price of (state price), the automobile: [specify create, model, and year of Vehicle], with the correct Vehicle identification number _____________

1. The Date of the sale of the Vehicle is_____________, 20__.

2. The Vehicle is purchased for ($_________).

3. In exchange for the Vehicle, the client can pay the merchant the acquisition value on the sales day by check or money. [ALTERNATIVE: In exchange for Vehicle, on the day of the sale, the client can pay merchant $_______ by check, order of payment, or money as a down payment for the Vehicle and can sign a promise agreement for the balance of the overall price, that shall be due on _____________.]

4. Upon receipt of payment as provided above, the merchant agrees to supply the subsequent documents to the client on the sale date:

• Certificate of Title (including revealing odometer Section), signed by merchant.
• The current registration for the Vehicle.

5. the vendor agrees to deliver the Vehicle to the client with a current registration and a properly written title. The merchant is the Vehicle’s legal owner, and the Vehicle is freed from all legal claims, liens, and encumbrances. The merchant agrees to pay for and deliver any necessary air pollution certification to the client before the sale date. [NOTE: associate updated air pollution certification might not be needed if the Vehicle is less than four years.]

6. The Vehicle is oversubscribed “as is,” and the merchant makes no tacit warranties on the condition or performance of the Vehicle. According to the Seller’s data, this Vehicle:

● Has Not Been Declared Lost by Associate Insurance Form.

● Is Not a Salvage Vehicle.

● Has Not Been Repaired Consistently According to Lemon Law.

7. The client agrees to register the Vehicle with the Department of cars within a week of the Date of the sale.

[Name of merchant]____________________________ Date: _____________

[Name of Client]____________________________ Date: _____________

Merchant, Date …………………………………………………………………….

Client, Date …………………………………………………………………….

Wrapping Up

It’s important to seal every sale with an agreement. The vehicle sales letter is an agreement that gives the Buyer and Seller of a vehicle the sense that the sales agreement is settled.

It is vital to ensure that both parties have a copy of the vehicle sales letter after completing and signing it for record purposes. You can copy any vehicle sales letter template in this guide and edit it to suit your needs.