Car Buyer Representation Agreement Template for India

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Key Requirements PROMPT example:

Car Buyer Representation Agreement

"I need a Car Buyer Representation Agreement for engaging a specialist agent to help source and purchase a pre-owned luxury vehicle in Mumbai, with a maximum budget of ₹80 lakhs and specific requirements for a Mercedes S-Class manufactured after 2020."

Document background
The Car Buyer Representation Agreement is essential when engaging professional assistance for vehicle purchases in India. This document is commonly used when individuals or organizations seek expert help in identifying, evaluating, and purchasing vehicles, whether for personal use or fleet requirements. It establishes clear parameters for the representation service, including the scope of authority, compensation structure, and service deliverables. The agreement ensures compliance with Indian automotive regulations, consumer protection laws, and contract law while protecting both parties' interests. It's particularly valuable in complex vehicle transactions, luxury car purchases, or when buyers require specialized expertise in vehicle selection and negotiation. The document should be customized based on whether it's for individual or corporate use, considering specific requirements like fleet purchases or imported vehicles.
Suggested Sections

1. Parties: Identifies and provides details of the buyer (client) and the representative (agent), including full legal names, addresses, and contact information

2. Background: Explains the context of the agreement - that the buyer wishes to engage a representative to assist in purchasing a vehicle

3. Definitions: Defines key terms used throughout the agreement, including 'Services', 'Vehicle Requirements', 'Commission', etc.

4. Appointment and Scope of Services: Details the formal appointment of the representative and comprehensively lists all services to be provided

5. Term and Termination: Specifies the duration of the agreement and conditions for termination by either party

6. Representative's Obligations: Lists all duties and responsibilities of the representative, including due diligence, negotiation, and reporting obligations

7. Client's Obligations: Outlines the buyer's responsibilities, including providing accurate requirements, timely responses, and necessary documentation

8. Fees and Payment Terms: Details the compensation structure, including any retainer, commission, or success fees, and payment schedule

9. Confidentiality: Establishes obligations regarding confidential information shared during the engagement

10. Liability and Indemnification: Sets out the limitations of liability and indemnification obligations of both parties

11. Governing Law and Jurisdiction: Specifies that Indian law governs the agreement and establishes jurisdiction for dispute resolution

Optional Sections

1. Non-Compete: Restricts the representative from representing other buyers for similar vehicles during the engagement period. Include when working with luxury or rare vehicles

2. Insurance Requirements: Specifies insurance obligations for the representative. Include when the representative will be test-driving vehicles

3. International Purchases: Additional terms for importing vehicles from abroad. Include when foreign vehicle purchases are contemplated

4. Multiple Vehicle Purchase Terms: Special terms for representing the buyer in purchasing multiple vehicles. Include for fleet purchases

5. Sub-Agency Rights: Terms allowing the representative to appoint sub-agents. Include when dealing with multi-city searches

Suggested Schedules

1. Schedule A - Vehicle Requirements: Detailed specifications of the desired vehicle(s) including make, model, year, condition, price range, and other preferences

2. Schedule B - Fee Structure: Detailed breakdown of all fees, commissions, and payment terms including any success fees or bonuses

3. Schedule C - Service Level Agreement: Specific timelines and performance metrics for the representative's services

4. Appendix 1 - Required Documentation: List of all documents required from both parties for vehicle purchase and transfer

5. Appendix 2 - Communication Protocol: Agreed communication methods, frequency of updates, and reporting format

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 legal definitions
Relevant Industries

Automotive

Professional Services

Transportation

Fleet Management

Luxury Goods

Business Services

Consulting

Corporate Services

Retail

Relevant Teams

Procurement

Operations

Administrative Services

Corporate Services

Fleet Management

Facilities Management

Asset Management

Business Services

Transport Operations

Executive Support

Relevant Roles

Fleet Manager

Procurement Manager

Corporate Services Manager

Automotive Consultant

Vehicle Acquisition Specialist

Business Services Director

Operations Manager

Administrative Manager

Facilities Manager

Transport Manager

Purchase Director

Automotive Broker

Asset Manager

Executive Assistant

Chief Administrative Officer

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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