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SALES AGREEMENT (Page 1 of 2) 1. This form states the terms & conditions of sale of the below mentioned vehicle.
2. The buyer is advised to take pictures of the seller’s vehicle as proof of condition in view of point no. 6 under Terms & Condition. Date Buyer Details Name NRIC No. Address Contact No. Seller Details Name NRIC No. Address Contact No. Details of Vehicle: Make/Model Engine No. Chassis No. Road Tax Expiry OMV COE Value
$ $
Year of Manufacture Vehicle Reg. No. Original Reg. Date Colour No. of Transfers Last Mileage
km
I, the Buyer, hereby agrees to buy from the Seller, the above mentioned Vehicle for the sum of $____________________.
_________________________ Buyer’s Signature
_______________________ Seller’s Signature
Page 1 of 2
SALES AGREEMENT (Page 2 of 2) Details of Transaction: Car Price Agreed Deposit Others Balance Due
$ $ $ $
Details of Scheduled Hand Over: Hand Over Date Remarks
Terms & Conditions: 1. If the seller does not fulfil the agreement to sell the said vehicle, the seller has to compensate the buyer an amount equal to twice the amount of the deposit paid by the buyer. 2. If the buyer does not fulfil the agreement to purchase the said vehicle, the deposit will not be refunded. 3. If the buyer is unable to get the loan approval for the vehicle, deposit is refundable if proper documentations for non-approval are provided. 4. Transfer fee of the vehicle is to be borne by the buyer and is not included in the agreed car price. 5. It is agreed that the seller is to hand over the spare keys, handbook and other documents which are related to the said vehicle, to the buyer, upon time of delivery. 6. At the time of hand over, the seller undertakes to preserve the condition of the vehicle as at the time of sale and with all accessories intact.
_________________________ Buyer’s Signature
_______________________ Seller’s Signature
Page 2 of 2