Automobile Sales Agreement Template for Australia

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Key Requirements PROMPT example:

Automobile Sales Agreement

"I need an Automobile Sales Agreement for my Toyota dealership in Sydney that includes dealer financing options, extended warranty provisions, and trade-in arrangements, to be used as our standard template from January 2025."

Document background
The Automobile Sales Agreement serves as a legally binding contract for the sale and purchase of motor vehicles in Australia. This document is essential for both private and commercial vehicle sales, ensuring compliance with the Australian Consumer Law, state-specific motor vehicle regulations, and the Personal Property Securities Act 2009. It should be used whenever a vehicle is being sold, whether between private parties, through dealerships, or in commercial fleet transactions. The agreement includes critical information such as vehicle specifications, warranty terms, payment conditions, and transfer of ownership requirements. It provides protection for both buyers and sellers by clearly documenting the terms of sale, vehicle condition, and any specific conditions or warranties that apply to the transaction.
Suggested Sections

1. Parties: Identifies and provides full details of the seller and buyer, including ACN/ABN for businesses

2. Background: Establishes the context of the sale and confirms the seller's ownership and right to sell

3. Definitions: Defines key terms used throughout the agreement

4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, VIN, registration number, and odometer reading

5. Purchase Price and Payment: Specifies the total purchase price, deposit requirements, and payment terms

6. Transfer of Ownership: Details the conditions and process for transferring vehicle ownership

7. Seller's Warranties: Statutory and express warranties provided by the seller

8. Buyer's Acknowledgments: Buyer's confirmations regarding vehicle inspection and acceptance of condition

9. Completion of Sale: Requirements and process for completing the sale, including documentation and registration transfer

10. Risk and Insurance: Specifies when risk passes to the buyer and insurance requirements

11. Default and Termination: Consequences of default and termination rights

12. General Provisions: Standard contract provisions including governing law, notices, and entire agreement

Optional Sections

1. Trade-in Vehicle: Used when the buyer is trading in another vehicle as part of the purchase

2. Finance Terms: Required when the purchase involves seller-provided financing

3. Modifications and Accessories: Details any agreed modifications or additional accessories to be included or installed

4. Extended Warranty: Terms of any extended warranty or service agreement being purchased

5. Cooling-off Period: Required for certain types of sales under state legislation

6. Commission Structure: Used when the sale involves an agent or broker

7. Import/Export Requirements: Necessary when the vehicle is being imported or exported

8. Security Interest: Required when there is a lien or other security interest on the vehicle

Suggested Schedules

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

2. Service History: Documentation of the vehicle's maintenance and repair history

3. Certificate of Registration: Copy of current vehicle registration certificate

4. PPSR Certificate: Personal Property Securities Register search results

5. Roadworthy Certificate: Current roadworthy or safety certificate as required by state law

6. Modification Certificates: Engineering certificates for any modified components

7. Warranty Documentation: Details of manufacturer's warranty or extended warranty coverage

8. Payment Schedule: Detailed breakdown of payment installments if applicable

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

Relevant Industries

Automotive

Retail

Fleet Management

Financial Services

Insurance

Transport

Logistics

Vehicle Manufacturing

Vehicle Import/Export

Vehicle Leasing

Relevant Teams

Sales

Legal

Compliance

Finance

Operations

Risk Management

Documentation

Procurement

Asset Management

Customer Service

Business Development

Vehicle Administration

Relevant Roles

Sales Manager

Fleet Manager

Automotive Dealer Principal

Finance Manager

Compliance Officer

Legal Counsel

Business Development Manager

Vehicle Sales Representative

Contracts Administrator

Operations Manager

Risk Manager

Documentation Specialist

Commercial Manager

Procurement Officer

Asset Manager

Industries
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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