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Car Buying Contract. Description of the equipment for purchase. Contract for sale of automobile _____ (the “seller”) agrees to sell to _____ (the “buyer) the (make, model, and year of vehicle) (the “vehicle”), vehicle identification number _____, in consideration for and pursuant to the following terms:
Seller shall convey title to buyer upon delivery of the vehicle to buyer. I have purchased it from the seller named above for the amount of cash also mentioned above (sold for). Car purchase agreement is a legal document made between the car buyer and the car seller.
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Besides automotive purchase agreements, there are more applications concerning auto contracts too. If you are purchasing a used vehicle from a private seller, the seller may ask you to sign a bill of sale, which is a very simplified form of car purchase agreement. Each party should sign and keep a copy of this document as proof of sale. The completion and accuracy of all the details present in the legal document can help establish the trust between the seller and the buyer.