Vehicle Selling Agreement Generator for United States

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Vehicle Selling Agreement

"Need a Vehicle Selling Agreement for selling my 2020 Tesla Model 3 to a private buyer, including specific terms about the car's autopilot software license transfer and remaining manufacturer's warranty, with closing planned for March 2025."

Document background
The Vehicle Selling Agreement is a crucial document used when transferring ownership of a vehicle in the United States. It provides legal protection for both parties and ensures compliance with federal and state regulations. The agreement typically includes detailed information about the vehicle (including VIN, mileage, and condition), purchase price, payment terms, warranties, and representations by both parties. The document is essential for private sales, dealership transactions, and commercial vehicle transfers, helping prevent future disputes and ensuring proper documentation for registration and insurance purposes.
Suggested Sections

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

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

3. Definitions: Key terms used throughout the agreement

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

5. Purchase Price and Payment Terms: Amount, payment method, and payment schedule if applicable

6. Transfer of Title: Terms regarding the transfer of vehicle ownership

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

8. Governing Law: Jurisdiction and applicable law

Optional Sections

1. Financing Terms: Details of payment schedule and terms when seller provides financing

2. Trade-in Details: Information about any vehicle being traded in as part of the transaction

3. Warranty Details: Specific warranty terms and conditions when offered by seller

4. Insurance Requirements: Specific insurance requirements that must be met before transfer

Suggested Schedules

1. Vehicle Condition Report: Detailed inspection report of vehicle condition

2. Service History: Documentation of vehicle maintenance and repairs

3. Odometer Disclosure Statement: Federal requirement for vehicles less than 10 years old

4. Bill of Sale: State-specific form documenting the transaction

5. Warranty Documentation: Detailed warranty terms and conditions 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

Industries

Truth in Lending Act (TILA): Federal legislation that requires full disclosure of credit terms and costs in vehicle financing transactions. Mandatory compliance required if the sale involves financing arrangements.

FTC Used Car Rule: Federal regulation requiring 'Buyer's Guide' display on used vehicles and mandating specific disclosures about warranty coverage and terms of sale.

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

Federal Odometer Act: Federal legislation requiring accurate disclosure of vehicle mileage and written documentation for vehicles less than 10 years old.

State Vehicle Sales Laws: State-specific legislation covering vehicle sales, including titling requirements, registration procedures, lemon laws, and warranty provisions. Varies by jurisdiction.

State Consumer Protection Laws: State-level regulations protecting consumers from unfair and deceptive practices in vehicle sales, including specific disclosure requirements.

State Contract Laws: Fundamental state laws governing contract formation, enforcement, and statute of frauds requirements for vehicle sales agreements.

DMV Regulations: State Department of Motor Vehicles rules governing vehicle transfer of title, registration procedures, and required documentation for vehicle sales.

Uniform Commercial Code (UCC): Article 2 of the UCC governing sale of goods, including specific provisions for vehicle sales and warranty terms.

Environmental Regulations: Federal and state environmental requirements, including emissions standards compliance and other environmental considerations for vehicle sales.

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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