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VEHICLE SALE AGREEMENT
State of Alabama
BACKGROUND:
FOR AND IN CONSIDERATION OF the sum of $________ (________), inclusive with all sales tax, paid by Cash, the receipt and sufficiency of which is hereby acknowledged, the following seller (hereinafter the "Seller") presently of the following address:
________
________
DOES HEREBY SELL, ASSIGN, AND TRANSFER to the following buyer (hereinafter the "Buyer") presently of the following address:
________
________
title to the following described motor vehicle (hereinafter the "Motor Vehicle"):
Make: ________
Model: ________
Year: ________
Body Type: ________
Color: ________
Odometer Reading: ________ (________) miles
Vehicle Identification Number (VIN): ________
I. ODOMETER DISCLOSURE
Federal and state law requires that the mileage of the Motor Vehicle be stated upon transfer of ownership. Failure to disclose the mileage or providing a false statement may result in fines and/or imprisonment.
The Seller states that the odometer reading of the Motor Vehicle is ________ (________) miles. The Seller certifies that to the best of the Seller's knowledge, this reading reflects the actual mileage of the Motor Vehicle. Further, the Motor Vehicle's odometer was not altered, set back, or disconnected while in the Seller's possession, and the Seller has no knowledge of anyone else doing so.
Both Buyer and Seller acknowledge the above odometer statements:
___________________________
________, Representative of ________, Buyer
______________________________
Date
______________________________
________, Representative of ________, Seller
______________________________
Date
II. WARRANTY
The Buyer has been given the opportunity to inspect the Motor Vehicle or, in the alternative, to have the Motor Vehicle inspected by a third party. Additionally, the Buyer has accepted the Motor Vehicle in its existing condition.
III. DELIVERY DETAILS
The Motor Vehicle will be delivered from the Seller to the Buyer on the following date: ________.
If Motor Vehicle is not delivered by ________, the Seller shall be liable to Buyer for the following late charge:
________
The execution for delivery of the Motor Vehicle will be at Buyer's address, as listed at the head of this Agreement.
IV. GOVERNING TERMS
V. SEVERABILITY
In the event that any provision of this Agreement is held to be invalid or unenforceable in whole or in part, the remaining provisions shall not be affected and shall continue to be valid and enforceable as though the invalid or unenforceable parts had not been included in this Agreement.
In the event that any court of competent jurisdiction determines a provision to be unenforceable, such provision shall be modified to the minimum extent necessary to make it enforceable in a manner that most closely reflects the original intent of the Parties.
VI. AMENDMENT
This Agreement may be modified or amended if and only if the amendment is made in writing and signed by both Parties.
VII. WAIVER OF CONTRACTUAL RIGHTS
The failure of either Party to enforce any provision of this Agreement shall not be construed as a waiver or limitation of that Party's right to subsequently enforce and compel strict compliance with every provision of this Agreement.
VIII. APPLICABLE LAW
This Agreement shall be governed by the laws of the State of Alabama.
The Seller certifies under penalty of perjury that the statements made in this Vehicle Sale Agreement are true and correct to the best knowledge of the Seller.
IN WITNESS WHEREOF, the Parties have executed this Vehicle Sale Agreement.
______________________________
________, Representative of ________, Buyer
______________________________
Date
______________________________
________, Representative of ________, Seller
______________________________
Date
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