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Second Hand Car Sale Contract

Second Hand Car Sale Contract Template for Malaysia

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Key Requirements PROMPT example:

Second Hand Car Sale Contract

"I need a Second Hand Car Sale Contract for selling my Toyota Camry to a private buyer in Malaysia, with payment to be made in two installments and completion scheduled for March 2025."

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Document background
The Second Hand Car Sale Contract is essential for documenting the legal transfer of ownership of used vehicles in Malaysia. This document is required whenever a used vehicle changes ownership, whether between private individuals or through dealerships. It must comply with Malaysian legislation, including the Road Transport Act 1987, Contracts Act 1950, and Consumer Protection Act 1999. The contract includes crucial details such as vehicle specifications, payment terms, warranties, and conditions of sale, while also addressing requirements for registration transfer with the Road Transport Department (JPJ). It serves as a vital legal record of the transaction and helps prevent future disputes by clearly documenting the agreed terms and conditions of the sale.
Suggested Sections

1. Parties: Identification of the seller and buyer with full names, identification numbers, and addresses

2. Background: Brief context of the sale and confirmation that the seller is the legal owner of the vehicle

3. Definitions: Key terms used throughout the agreement including 'Vehicle', 'Purchase Price', 'Completion Date'

4. Sale and Purchase: Core agreement to sell and purchase the vehicle, including the purchase price

5. Vehicle Details: Complete description of the vehicle including make, model, year, registration number, chassis number, engine number

6. Purchase Price and Payment Terms: Detailed breakdown of the purchase price and payment method(s)

7. Completion: Details of when and where the vehicle handover will take place

8. Seller's Warranties: Warranties regarding vehicle ownership, condition, and absence of encumbrances

9. Transfer of Ownership: Process and obligations regarding the transfer of vehicle registration and ownership

10. Vehicle Condition: Statement of the vehicle's current condition and any known defects

11. Governing Law: Specification that Malaysian law governs the agreement

12. Execution: Signature blocks for both parties and witnesses

Optional Sections

1. Deposit: Terms regarding any deposit paid, to be included if a deposit is part of the payment structure

2. Inspection Period: Details of any agreed inspection period, to be included if buyer is given time to inspect the vehicle

3. Third-Party Claims: Provisions regarding potential third-party claims, included for higher-value vehicles

4. Insurance: Provisions regarding transfer or arrangement of insurance, included if specific insurance arrangements are part of the deal

5. Maintenance Records: Details of service history and maintenance, included for vehicles with comprehensive service records

6. Dispute Resolution: Specific dispute resolution procedures, included for higher-value transactions

Suggested Schedules

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

2. Schedule 2 - Vehicle Condition Report: Comprehensive report on the vehicle's condition including photographs

3. Schedule 3 - Payment Schedule: If payment is to be made in installments, detailed payment schedule

4. Schedule 4 - Maintenance Records: Copies of service history and maintenance records

5. Appendix A - Vehicle Registration Document: Copy of current vehicle registration card

6. Appendix B - Inspection Report: Independent vehicle inspection report if obtained

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 Industries

Automotive

Used Car Dealership

Vehicle Trading

Transportation

Fleet Management

Insurance

Legal Services

Vehicle Inspection Services

Automotive Finance

Relevant Teams

Legal

Compliance

Sales

Finance

Operations

Documentation

Administrative Support

Risk Management

Customer Service

Vehicle Inspection

Relevant Roles

Used Car Sales Manager

Automotive Sales Executive

Legal Counsel

Compliance Officer

Fleet Manager

Vehicle Inspector

Automotive Finance Manager

Insurance Agent

Documentation Specialist

Vehicle Transfer Administrator

Corporate Fleet Administrator

Legal Administrator

Industries
Contracts Act 1950: Primary legislation governing formation and enforcement of contracts in Malaysia, including essential elements like offer, acceptance, consideration, and capacity to contract
Road Transport Act 1987: Regulates vehicle registration, transfer of ownership, and requirements for roadworthy vehicles in Malaysia
Consumer Protection Act 1999: Provides protection for consumers in transactions including used car sales, covering aspects like warranties and misrepresentation
Sale of Goods Act 1957: Governs the sale of goods including vehicles, covering aspects like title, condition, and fitness for purpose
Hire-Purchase Act 1967: Relevant if the sale involves financing arrangements or hire-purchase agreements for the vehicle
Stamp Act 1949: Governs the stamping requirements for legal documents including vehicle sale agreements
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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