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1. Parties: Identification of seller and buyer with full legal names, addresses, and contact information
2. Background: Brief context of the sale and confirmation that the seller is the legal owner of the vehicle
3. Definitions: Key terms used in the agreement including 'Vehicle', 'Purchase Price', 'Delivery Date', etc.
4. Vehicle Description: Detailed description of the vehicle including make, model, year, VIN, mileage, color, and registration number
5. Purchase Price and Payment: Agreed purchase price, payment method, and payment schedule if applicable
6. Seller's Representations: Seller's warranties regarding vehicle ownership, condition, and absence of liens
7. Transfer of Ownership: Terms and process for transferring vehicle ownership and registration
8. Vehicle Handover: Details of vehicle delivery including location, date, and required documentation
9. Warranties: Statutory warranties and any additional warranties or their exclusion (as permitted by law)
10. Governing Law: Confirmation that the agreement is governed by German law
1. Financing Terms: Include when purchase is financed, detailing loan terms and security interests
2. Trade-In Vehicle: Include when buyer is trading in another vehicle as part of the purchase
3. Inspection Period: Include when parties agree to a post-purchase inspection period
4. Insurance Requirements: Include when specific insurance requirements need to be met before transfer
5. Dispute Resolution: Include when parties want to specify mediation or arbitration procedures
6. Export Provisions: Include when vehicle may be exported to another country
1. Vehicle Condition Report: Detailed report of vehicle condition including photographs and noted defects
2. Service History: Documentation of vehicle maintenance and repair history
3. Equipment List: Detailed list of included equipment, accessories, and spare parts
4. Vehicle Documents: List of all documents being transferred (registration papers, manuals, etc.)
5. Technical Inspection Report: Recent TÜV or equivalent technical inspection report
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Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your data is private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
