If you are selling a used car, motorcycle or other vehicle through the private sector, it is important that you agree in writing terms of sale and purchase with the buyer. The documentation of the agreement and the condition of the used car prevents the buyer from later claiming that you cheated on the condition and recovered his money. There are many free versions on the Internet, but we think that the free versions do not go far enough to document the car or legal agreement. The Net Lawman version is not free, but it is much more complete and thus protects both parties much more strongly. To use this car sales contract, fill out as many details as possible in advance (the model is in Word format), then print two copies, one for you and one for the other part. Fill out the rest of the form before the other part. Both parties should sign both copies and keep them as proof of sale. Public printed online resource at thecarbuyer.co.za/free-car-sale-agreement This is a basic sales agreement for buyers and sellers. This document can be filled out online and sent to your printer ready to be signed. For any private sale, you can agree on terms between you and the other party. As a seller, you can write your car with a poster in the window with “sold as seen, no given or implied warranty” on it and accept cash in the hand of the first person who wants to buy. The agreement would be oral and legally binding. A sales contract is a document that is kept between the buyer and the seller, it defines the details of the buyer, the details of the seller and identifies the vehicle sold.
It is also a good idea to list the vehicle`s errors and the terms of the transaction. To complete the sale, the seller must submit a sub-channel (yellow form) to the vehicle registration authority and the buyer must continue to register. If you are the buyer, then a car sales contract gives you the certainty that you know what you are buying. The problem with this type of agreement is that there is no record of what has been agreed. If the buyer returned six months later (perhaps with an actual complaint), one of the parties could argue that important information was withheld (or not) at the time of the sale and recover money.