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Car Sales Agreement Contract
"I need a Car Sales Agreement Contract for my Hong Kong dealership to sell a new BMW X5 to a corporate client, with delivery scheduled for March 2025 and including a 2-year extended warranty package and trade-in provisions for their existing vehicle."
1. Parties: Identification of the seller and buyer with full legal names and addresses
2. Background: Context of the sale and brief description of the transaction
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase: Core terms of the sale including the vehicle description and purchase price
5. Payment Terms: Details of the purchase price, payment method, and payment schedule
6. Vehicle Condition and Inspection: Description of the vehicle's condition and confirmation of buyer's inspection rights
7. Warranties and Representations: Seller's warranties regarding vehicle condition, ownership, and encumbrances
8. Transfer of Ownership: Process and timing of ownership transfer and registration
9. Delivery: Terms and conditions for vehicle delivery or collection
10. Risk and Insurance: Transfer of risk and insurance requirements
11. Seller's Obligations: Detailed list of seller's responsibilities including documentation
12. Buyer's Obligations: Detailed list of buyer's responsibilities including payment and registration
13. Default and Termination: Consequences of breach and termination provisions
14. Governing Law and Jurisdiction: Specification of Hong Kong law and jurisdiction
15. Execution: Signature blocks and execution details
1. Trade-in Vehicle: Details of any vehicle being traded in as part of the purchase - include when there is a trade-in arrangement
2. Financing Terms: Specific financing arrangements if the purchase is not entirely cash - include when seller provides financing
3. Extended Warranty: Terms of any extended warranty or service package - include when additional warranty is offered
4. Commission: Details of any broker or agent commission - include when a broker is involved
5. Import/Export Requirements: Special requirements for imported vehicles or exports - include for non-local vehicles
6. Modifications: Details of any agreed modifications to be made before delivery - include when modifications are part of the deal
1. Schedule 1 - Vehicle Specifications: Detailed technical specifications of the vehicle including make, model, year, VIN, etc.
2. Schedule 2 - Vehicle Condition Report: Comprehensive report on the vehicle's condition including any existing damage or defects
3. Schedule 3 - Included Items and Accessories: List of all items and accessories included in the sale
4. Schedule 4 - Required Documentation: List of all documents required for the transfer of ownership
5. Schedule 5 - Payment Schedule: Detailed breakdown of payment terms if not a single payment
6. Appendix A - Vehicle History: Vehicle service history, previous ownership, and maintenance records
7. Appendix B - Photographs: Dated photographs of the vehicle documenting its condition at sale
Authors
Vehicle
Purchase Price
Completion Date
Delivery Date
Deposit
Documents of Title
Effective Date
Encumbrance
Force Majeure
Hong Kong
Intellectual Property Rights
Liabilities
License
Manufacturer
Material Adverse Change
Odometer Reading
Outstanding Payment
Parties
Registration Certificate
RTA
Sale of Goods Ordinance
Seller's Warranties
Specifications
Third Party Rights
Trade-in Vehicle
Transfer Documents
Vehicle Identification Number
Vehicle Registration
Warranties
Working Day
Certificate of Roadworthiness
Completion
Condition Report
Default Interest Rate
Due Diligence
Insurance Policy
Payment Schedule
Purchase Tax
Registration Fee
Service History
Title Documents
Transfer Fee
Vehicle Inspection Report
Sale and Purchase
Purchase Price
Payment Terms
Deposit
Vehicle Description
Vehicle Condition
Warranties
Representations
Title Transfer
Registration
Delivery
Insurance
Risk
Inspection Rights
Documentation
Seller Obligations
Buyer Obligations
Trade-in
Roadworthiness
Default
Termination
Force Majeure
Notices
Assignment
Entire Agreement
Severability
Waiver
Amendments
Third Party Rights
Confidentiality
Dispute Resolution
Governing Law
Jurisdiction
Automotive
Automotive Retail
Fleet Management
Vehicle Leasing
Insurance
Financial Services
Transportation
Logistics
Automotive Trading
Vehicle Import/Export
Legal
Sales
Compliance
Finance
Operations
Risk Management
Documentation
Customer Service
Vehicle Registration
Quality Assurance
Sales Manager
Fleet Manager
Automotive Dealer
Vehicle Broker
Compliance Officer
Legal Counsel
Finance Manager
Insurance Manager
Vehicle Import/Export Manager
Car Sales Executive
Automotive Business Owner
Contract Administrator
Risk Manager
Operations Manager
Documentation Specialist
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