The Car Dealer Purchase Agreement Form is a crucial legal document used in Nigeria for the sale and purchase of vehicles through authorized dealerships. This document is essential when a buyer intends to purchase a new or used vehicle from a licensed dealer, requiring detailed documentation of the transaction terms, vehicle specifications, and obligations of both parties. The agreement ensures compliance with Nigerian automotive regulations, consumer protection laws, and vehicle registration requirements. It protects both the dealer's and purchaser's interests by clearly stating warranties, payment terms, delivery conditions, and after-sales services. This standardized form helps prevent disputes by documenting all aspects of the transaction while meeting local legal requirements for vehicle sales.

1. Parties: Identifies the dealer and purchaser with full legal names, addresses, and registration details

2. Background: Brief context of the transaction and relationship between the parties

3. Definitions: Defines key terms used throughout the agreement

4. Vehicle Description: Detailed description of the vehicle including make, model, year, VIN, color, and specifications

5. Purchase Price and Payment Terms: States the total purchase price, deposit requirements, and payment schedule

6. Delivery and Transfer of Title: Specifies delivery details, documentation requirements, and process for transfer of ownership

7. Warranties and Representations: Details dealer warranties, manufacturer warranties, and representations about the vehicle's condition

8. Dealer Obligations: Lists all obligations of the dealer including pre-delivery inspection and documentation

9. Purchaser Obligations: Outlines purchaser's responsibilities including payment, insurance, and registration

10. Risk and Insurance: Specifies when risk transfers and insurance requirements

11. Termination: Conditions under which the agreement can be terminated by either party

12. Governing Law and Jurisdiction: Specifies Nigerian law as governing law and jurisdiction for disputes

13. Execution: Signature blocks and execution details