Auto Purchase Agreement Template for Canada

1. Trade-In Vehicle: Details of any vehicle being traded in as part of the purchase, including description and value

2. Financing Terms: If the purchase is financed, details of the financing arrangement including interest rate and payment schedule

3. Insurance Requirements: Specific insurance requirements if the vehicle is financed or if temporary insurance is needed for delivery

4. Condition Precedent: Any conditions that must be met before the sale is final, such as vehicle inspection or financing approval

5. Return Policy: Any applicable return or exchange terms, particularly relevant for dealer sales

6. Dispute Resolution: Specific procedures for handling disputes, including mediation or arbitration clauses

7. Assignment: Terms regarding whether either party can assign their rights under the agreement

8. Severability: Clause stating that if any provision is invalid, the rest of the agreement remains valid

1. Schedule A - Vehicle Condition Report: Detailed inspection report noting the vehicle's condition, existing damage, and operational status of all features

2. Schedule B - Vehicle History Report: Official vehicle history report showing ownership history, accident history, and service records

3. Schedule C - Warranty Details: Detailed description of any warranties included with the purchase, including manufacturer's warranty or extended warranty

4. Schedule D - Payment Schedule: If applicable, detailed payment schedule including dates, amounts, and payment methods

5. Schedule E - Trade-In Vehicle Details: If applicable, comprehensive description and valuation of trade-in vehicle

6. Appendix 1 - Required Documentation Checklist: List of all documents required to complete the sale and transfer of ownership

7. Appendix 2 - Maintenance Records: Copies of relevant maintenance and repair records for the vehicle