Car Buying Contract Template for Indonesia

The Car Buying Contract serves as a legally binding agreement for vehicle transactions in Indonesia, essential for both private and commercial sales. This document is designed to comply with Indonesian legal requirements, including the Civil Code, Consumer Protection Law, and specific automotive regulations. It should be used whenever a vehicle is being purchased or sold, whether through a dealership, private sale, or commercial transaction. The contract includes crucial details such as vehicle specifications, ownership history, payment terms, warranties, and transfer procedures. It also addresses regulatory compliance requirements specific to Indonesia, including registration transfer processes and tax obligations. The document can be customized for various scenarios, including new vehicle purchases, used car sales, dealer transactions, and private party sales, while maintaining its core legal integrity and protective measures for all parties involved.

1. Parties: Identification of the seller and buyer with complete legal names, addresses, and identification numbers

2. Background: Brief context of the transaction and confirmation that the seller owns the vehicle and has the right to sell it

3. Definitions: Definitions of key terms used throughout the agreement

4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, color, engine number, chassis number, and registration number

5. Purchase Price: The agreed purchase price and payment terms, including deposit requirements and final payment details

6. Transfer of Ownership: Terms and process for transferring vehicle ownership, including registration transfer requirements

7. Seller's Representations and Warranties: Seller's guarantees regarding vehicle condition, ownership, and absence of encumbrances

8. Buyer's Acknowledgments: Buyer's confirmation of vehicle inspection and acceptance of condition

9. Completion of Sale: Process and requirements for completing the sale, including document handover

10. Risk and Insurance: Transfer of risk and insurance responsibilities

11. Governing Law: Confirmation that Indonesian law governs the agreement

12. Dispute Resolution: Process for resolving any disputes related to the sale

13. Signatures: Execution blocks for both parties and witnesses