As Is Car Sale Agreement Template for Saudi Arabia

The As Is Car Sale Agreement is essential for any transaction involving the sale of a used vehicle in Saudi Arabia where the seller wishes to transfer the vehicle without providing warranties about its condition. This document is commonly used by both private sellers and businesses, particularly in situations where the vehicle is older, has known issues, or when the seller wants to clearly limit their post-sale liability. The agreement must comply with Saudi Arabian Commercial Law, Traffic Law, and Sharia principles, while incorporating necessary consumer protection provisions. It includes comprehensive details about the vehicle's condition, known defects, and explicit acknowledgments from the buyer accepting the vehicle's current state. This type of agreement is particularly important in the Saudi market where used vehicle sales are common and regulatory compliance is strictly enforced.

1. Parties: Identification of the seller and buyer with full legal names, addresses, and national ID/iqama numbers

2. Background: Brief context of the sale transaction and acknowledgment that the vehicle is being sold 'as is'

3. Definitions: Key terms used in the agreement including 'As Is', 'Vehicle', 'Purchase Price', and other relevant terms

4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, VIN, current mileage, color, and registration details

5. Purchase Price and Payment: Agreed purchase price, payment method, and payment schedule if applicable

6. As Is Condition and Disclaimers: Explicit statement that the vehicle is sold 'as is' with all faults and without warranties

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

8. Transfer of Title and Registration: Process and responsibilities for transferring vehicle ownership and registration

9. Seller's Representations: Basic representations about vehicle ownership and authority to sell

10. Completion of Sale: Requirements and process for concluding the sale transaction

11. Governing Law: Specification that Saudi law and Sharia principles govern the agreement

12. Execution: Signature blocks and execution requirements