Car Sale Agreement Template for United States

A Car Sale Agreement puts the key details of a vehicle purchase in writing, protecting both the buyer and seller under Philippine law. This legal contract spells out the sale price, payment terms, and important information about the car like its make, model, year, and vehicle identification number (VIN).

Beyond the basic sales terms, it documents the vehicle's condition, any warranties, and transfer of ownership requirements under the Land Transportation Office (LTO) guidelines. Having this written agreement helps prevent disputes and ensures compliance with local registration and tax rules when transferring vehicle ownership in the Philippines.

Use a Car Sale Agreement any time you're buying or selling a vehicle in the Philippines, even when dealing with friends or family members. This written contract becomes essential during private sales, dealership purchases, or when transferring ownership of company vehicles to employees or other businesses.

Having this agreement ready before money changes hands protects everyone involved. It's particularly important when selling vehicles with existing loans, modifications, or known mechanical issues. The agreement helps prevent future disputes about the sale terms and smooths the process of transferring registration at the LTO.

• Auto Sales Agreement: Standard comprehensive contract for new vehicle sales, covering warranties and full dealer disclosures
• Car Sold As Is Contract: Simplified agreement for sales without warranties, stating the buyer accepts existing condition
• Second Hand Car Sale Agreement: Detailed contract for used vehicles, including maintenance history and known issues
• Bill Of Sale Contract For Car: Basic proof of transfer focusing on price and basic vehicle details
• Auto Purchase Agreement: Comprehensive contract with financing terms and payment schedules

• Private Sellers: Individual car owners selling their vehicles directly to buyers, using the Car Sale Agreement to document the transaction terms
• Car Dealerships: New and used car businesses that regularly prepare these agreements for customer purchases
• Corporate Fleet Managers: Company representatives handling the sale of business vehicles to employees or other organizations
• Banks and Financiers: Lending institutions that review and approve sale agreements involving car loans
• LTO Representatives: Government officials who process ownership transfers based on these agreements
• Legal Advisors: Lawyers who review or customize agreements for complex sales or high-value transactions

• Vehicle Details: Gather complete car information including make, model, year, VIN, plate number, and current mileage
• Ownership Documents: Collect original OR/CR, insurance papers, and maintenance records
• Price Terms: Document agreed sale price, payment method, and schedule of payments if applicable
• Party Information: Get valid IDs and complete contact details of both buyer and seller
• Technical Inspection: Note existing damage, modifications, or mechanical issues
• LTO Requirements: Prepare necessary documents for transfer of registration
• Document Generation: Use our platform to create a legally-sound agreement that includes all mandatory elements

• Complete Vehicle Description: Make, model, year, VIN, color, mileage, and registration details
• Party Information: Full legal names, addresses, and contact details of buyer and seller
• Price and Payment Terms: Purchase amount, payment method, and installment details if applicable
• Warranties and Conditions: Clear statements about vehicle condition and any guarantees offered
• Transfer Details: Specific date of ownership transfer and delivery arrangements
• Legal Declarations: Statements confirming clean title and absence of liens
• Governing Law: Reference to Philippine laws and LTO regulations
• Signatures: Dated signatures of all parties with government ID numbers

A Car Sale Agreement is often confused with a Vehicle Sale Agreement, but there are important differences in their scope and application in the Philippines. While both documents facilitate ownership transfer, they serve distinct purposes and situations.

• Scope of Coverage: Car Sale Agreements specifically focus on automobiles, while Vehicle Sale Agreements cover a broader range including motorcycles, trucks, and commercial vehicles
• Documentation Requirements: Car Sale Agreements typically require more detailed specifications about the car's features and history, while Vehicle Sale Agreements may have simpler documentation needs
• LTO Compliance: Car Sale Agreements include specific provisions aligned with LTO passenger vehicle regulations, whereas Vehicle Sale Agreements adapt to various vehicle classification requirements
• Warranty Terms: Car Sale Agreements often include more comprehensive warranty provisions, while Vehicle Sale Agreements may have more flexible or limited warranty terms depending on the vehicle type