Car Swap Agreement Template

PandaTip: It is not normal to include a warranty in a private sale, but if the seller wishes, you can change this clause if necessary. One suggestion might be: “The vehicle is sold with a guarantee of its ability to drive and continue to operate safely for a period of XXX months and any failures that occur during this period will be corrected at the seller`s expense, except for defects caused by the buyer.” 1.6 This contract can be executed in both English and other languages. In the event of a conflict or confusion between the agreement and its various translations, the English version is given priority. 2.10 Once the buyer has purchased the vehicle and the payment is cancelled, the seller is required to release the vehicle in the buyer`s possession. 1.5 The title names of this Agreement are used only as a reference and are not part of the Agreement. 3.8 The purchaser guarantees that he buys a used vehicle “as intended” and that he assumes responsibility for the vehicle with the sole exception of deliberately hidden errors, provided that it is received at the signing of this Contract. PandaTip: Both parties may wish to keep original signed copies of the agreement for future references. PandaTip: Change this clause based on the agreed payment method. For example, if the two parties agree on the planned payments: “The payment is made according to the following schedule: 01/01/2017 $100.00 (cash) 02/01/2017 $200.00 (to be paid by cheque) 03/01/2017 300,00 0 0 (to be paid by bank transfer) Other examples could be: “Cash payment of 10,000.00 USD in full” “Payment by bank transfer of 10,000.00 USD to account details XXXX Trircode XXXX” “Payment of the amount of 10,000.00 USD per cheque.” 3.1 The buyer must pay the agreed price to the seller. 2.5 There are no financings, leftovers or outstanding debts allocated to the vehicle.