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Car Buying Contract

Car Buying Contract Template for United Arab Emirates

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Key Requirements PROMPT example:

Car Buying Contract

"I need a Car Buying Contract for the sale of my used Mercedes S-Class to a private buyer in Dubai, with a payment plan structure where 40% will be paid upfront and the remaining amount in monthly installments over 6 months starting March 2025."

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Document background
The Car Buying Contract is a crucial legal document used in the United Arab Emirates for facilitating vehicle sales transactions between parties. It is designed to comply with UAE Federal Laws, including the Civil Code, Consumer Protection Law, and specific RTA regulations governing vehicle transfers. This document is essential for both private sales and dealership transactions, providing a legally binding framework that covers vehicle specifications, payment terms, warranties, and ownership transfer procedures. The contract should be used whenever a vehicle is being sold or purchased in the UAE, whether between private individuals, through dealerships, or in corporate fleet transactions. It includes provisions for various payment methods, financing options, and necessary declarations for UAE vehicle registration requirements.
Suggested Sections

1. Parties: Identification of the seller and buyer with complete details including Emirates ID numbers

2. Background: Context of the sale and brief description of the transaction

3. Definitions: Key terms used throughout the contract

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

5. Purchase Price and Payment Terms: Agreed purchase price, payment method, and payment schedule if applicable

6. Seller's Representations and Warranties: Seller's declarations regarding vehicle condition, ownership, and absence of encumbrances

7. Transfer of Ownership: Process and obligations for transferring vehicle ownership through RTA

8. Delivery Terms: Details of vehicle handover including timing and location

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

10. Registration and Insurance: Requirements and responsibilities for vehicle registration and insurance

11. Governing Law and Jurisdiction: Specification of UAE law application and jurisdiction

12. Execution: Signature blocks and execution requirements

Optional Sections

1. Financing Terms: Include when the purchase involves bank financing or installment payments

2. Trade-in Details: Include when there is a vehicle trade-in as part of the transaction

3. Extended Warranty: Include when an extended warranty is being purchased or provided

4. Post-Sale Services: Include when specific after-sale services or maintenance agreements are part of the deal

5. Condition Report Disclaimer: Include for used vehicles to detail known issues or defects

6. Agency Authorization: Include when either party is represented by an agent or proxy

Suggested Schedules

1. Schedule 1 - Vehicle Technical Specifications: Detailed technical specifications and features of the vehicle

2. Schedule 2 - Vehicle Condition Report: Comprehensive report on vehicle condition with photographs

3. Schedule 3 - Payment Schedule: Detailed payment terms and installments if applicable

4. Appendix A - Vehicle Registration Documents: Copies of current registration card and other official documents

5. Appendix B - Service History: Vehicle maintenance and service history records

6. Appendix C - Insurance Documents: Relevant insurance certificates and policies

Authors

Alex Denne

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Agreement
Vehicle
Purchase Price
Completion Date
Delivery Date
Down Payment
Emirates ID
Handover Location
Insurance Certificate
Manufacturer
Registration Card
RTA
Seller
Buyer
Technical Inspection Certificate
Vehicle Identification Number
Vehicle Registration
Warranty Period
Maintenance Record
Transfer Fee
Encumbrance
Registration Authority
Ownership Certificate
Payment Schedule
Defect
Delivery Note
Service History
Roadworthiness Certificate
Sale Agreement Date
Transfer Date
Relevant Industries

Automotive

Retail

Financial Services

Insurance

Transportation

Fleet Management

Luxury Goods

Corporate Services

Private Transportation

Relevant Teams

Sales

Legal

Compliance

Finance

Operations

Procurement

Risk Management

Customer Service

Documentation

Vehicle Registration

Relevant Roles

Sales Manager

Fleet Manager

Automotive Sales Executive

Finance Manager

Legal Counsel

Compliance Officer

Vehicle Registration Officer

Insurance Coordinator

Dealership Manager

Corporate Fleet Administrator

Procurement Manager

Contract Administrator

Risk Manager

Operations Manager

Industries
UAE Federal Law No. 5 of 1985 (Civil Code): Governs general contract formation, terms, conditions, and obligations between parties in a sale contract
UAE Federal Law No. 24 of 2006 (Consumer Protection Law): Protects consumer rights in purchase transactions, including warranty obligations and fair dealing requirements
UAE Federal Traffic Law No. 21 of 1995: Regulates vehicle registration, transfer of ownership, and technical requirements for vehicles
UAE Federal Law No. 18 of 1993 (Commercial Transactions Law): Governs commercial transactions and sales between parties, including provisions specific to vehicle sales
RTA (Roads and Transport Authority) Regulations: Specific requirements for vehicle registration, transfer, and technical inspection in the UAE
UAE Cabinet Resolution No. 40 of 2017: Regulations regarding VAT implementation on vehicle sales and related 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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