Second Hand Car Sale Agreement Template for Indonesia

The Second Hand Car Sale Agreement is essential for documenting the legal transfer of ownership of a used vehicle in Indonesia. This document is required whenever a used vehicle changes ownership, whether between private individuals or involving commercial entities. It must comply with Indonesian Civil Code requirements, vehicle registration regulations, and local tax provisions, particularly regarding the Motor Vehicle Title Transfer Fee (BBNKB). The agreement should be used to protect both parties' interests by clearly documenting the vehicle's condition, sale price, warranty terms, and transfer procedures. It's particularly important in the Indonesian context where vehicle ownership transfer requires specific documentation and procedures, and the agreement helps ensure all necessary legal requirements are met. The document can be used for both private sales and commercial transactions, providing a clear framework for the rights and obligations of all parties involved.

1. Parties: Identification of the Seller and Buyer with complete legal names and addresses as per Indonesian identification requirements

2. Background: Brief context of the sale and confirmation of the Seller's ownership of the vehicle

3. Definitions: Key terms used throughout the agreement including 'Vehicle', 'Purchase Price', 'Transfer Documents', etc.

4. Sale and Purchase: Core agreement to sell and purchase the vehicle, including the purchase price and payment terms

5. Vehicle Details: Complete description of the vehicle including make, model, year, color, engine number, chassis number, and registration details

6. Purchase Price and Payment: Detailed breakdown of the purchase price, payment method, and payment schedule if applicable

7. Transfer of Ownership: Process and obligations regarding the transfer of vehicle ownership documents as per Indonesian regulations

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

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

10. Completion of Sale: Details of the closing process, including document handover and final payment

11. Tax Obligations: Responsibilities for payment of BBNKB and other applicable taxes

12. Governing Law: Specification of Indonesian law as governing law and jurisdiction

13. Execution: Signature blocks and execution requirements