Car Dealer Sales Contract Form Template for Saudi Arabia

The Car Dealer Sales Contract Form is a vital legal instrument used in Saudi Arabia for documenting and executing vehicle sales transactions between authorized dealers and purchasers. This document is essential for ensuring compliance with Saudi Arabian commercial laws, traffic regulations, and Sharia principles governing commercial transactions. It is typically used when a new or used vehicle is being sold through an authorized dealership, incorporating all necessary elements required by Saudi law, including detailed vehicle specifications, warranty terms, payment conditions, and ownership transfer requirements. The contract form serves as a comprehensive record of the transaction, protecting both dealer and purchaser interests while facilitating proper registration and transfer of vehicle ownership in accordance with Saudi traffic authority requirements. It includes provisions for various payment methods, warranty obligations, and after-sales services, all structured to comply with local regulatory requirements and Islamic commercial principles.

1. Parties: Identification of the dealer and purchaser, including full legal names, addresses, and commercial registration/ID numbers

2. Background: Brief context of the sale transaction and the dealer's authority to sell the vehicle

3. Definitions: Key terms used throughout the contract including 'Vehicle', 'Purchase Price', 'Delivery Date', etc.

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

5. Purchase Price and Payment Terms: Total price, VAT details, deposit amount, payment schedule, and method of payment

6. Delivery and Transfer of Ownership: Delivery date, location, transfer of title, and registration procedures

7. Warranties and Representations: Standard manufacturer warranty, dealer warranties, and representations about vehicle condition

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

9. Dealer Obligations: Dealer's responsibilities regarding vehicle preparation, documentation, and registration assistance

10. Termination Rights: Circumstances under which either party may terminate the agreement

11. Governing Law and Jurisdiction: Confirmation of Saudi law application and jurisdiction for disputes

12. Execution: Signature blocks and execution requirements