Buy Sell Car Agreement Form Template for Indonesia

When buying or selling a vehicle in Indonesia, you need a comprehensive Buy Sell Car Agreement Form to ensure your transaction complies with Indonesian law and protects your interests. This legal document creates binding obligations between parties and serves as essential evidence for vehicle ownership transfer processes required by Indonesian authorities.

When do you need this document?

You must use this agreement whenever transferring vehicle ownership in Indonesia, whether you're selling your personal car to another individual, purchasing from a dealership, or conducting corporate vehicle transactions. The document is required for both new and used vehicle sales, and becomes particularly important when dealing with financing arrangements or when the vehicle has outstanding liens. If you're buying a vehicle through installments, selling to a finance company, or transferring ownership as part of a business transaction, this agreement ensures all parties understand their rights and obligations under Indonesian law.

Key legal considerations

Your agreement must include comprehensive vehicle identification details including chassis number, engine number, and license plate information to comply with Government Regulation No. 55 of 2012. Under the Indonesian Civil Code, both parties must have legal capacity to enter contracts, and the agreement must clearly specify the purchase price, payment terms, and delivery conditions. Consumer Protection Law No. 8 of 1999 requires sellers to disclose all material defects and provide accurate vehicle information, making warranty clauses essential for protecting buyers. The agreement should address responsibility for outstanding traffic violations, insurance transfers, and any existing liens or encumbrances that could affect ownership transfer.

Legal requirements in Indonesia

Indonesian law requires specific documentation and procedures for valid vehicle ownership transfers that must be reflected in your agreement. The document must identify all parties with complete KTP numbers and addresses, as required for BPKB (vehicle ownership certificate) and STNK (vehicle registration certificate) transfers. Under Law No. 28 of 2009, you must address tax obligations including vehicle transfer fees and duties that become due upon ownership change. The agreement should specify timelines for completing ownership transfer procedures at local transportation offices (Samsat) and include provisions for document handover including the original BPKB, STNK, vehicle keys, and any service records. Consider including notarization requirements for high-value transactions or when parties request additional legal authentication.