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Dealer Purchase Agreement for the United Kingdom

Dealer Purchase Agreement Template for England and Wales

A Dealer Purchase Agreement is a legally binding contract governed by English and Welsh law that establishes the terms and conditions for the sale of goods between a dealer and a purchaser. The agreement covers essential elements including price, payment terms, delivery conditions, warranties, and after-sales services. It ensures compliance with the Sale of Goods Act 1979 and other relevant legislation while protecting both parties' interests in the transaction.

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What is a Dealer Purchase Agreement?

The Dealer Purchase Agreement is a fundamental document used in commercial transactions where a dealer sells goods to a purchaser. This agreement, governed by English and Welsh law, establishes clear terms for the sale, including specifications of goods, pricing, delivery terms, and warranty provisions. It's particularly crucial for high-value transactions and ensures compliance with relevant legislation including the Sale of Goods Act 1979 and Consumer Rights Act 2015. The document protects both parties' interests while providing a clear framework for the transaction and any potential disputes.

What sections should be included in a Dealer Purchase Agreement?

1. Parties: Identification and details of the dealer and purchaser

2. Background: Context of the agreement and relationship between parties

3. Definitions: Key terms used throughout the agreement

4. Sale and Purchase: Core terms of the transaction including price and payment terms

5. Delivery: Terms regarding delivery or collection of goods

6. Warranties and Representations: Guarantees regarding the condition and quality of goods

7. Term and Termination: Duration of agreement and termination provisions

What sections are optional to include in a Dealer Purchase Agreement?

1. Financing Terms: Additional terms and conditions when purchase involves financing arrangements or payment plans

2. Trade-in Provisions: Specific terms and conditions regarding part-exchange vehicles and their valuation

3. After-sales Service: Terms governing maintenance, support, and additional services provided after purchase

What schedules should be included in a Dealer Purchase Agreement?

1. Schedule 1 - Vehicle Specification: Detailed description of vehicle(s) being purchased including make, model, year, and specifications

2. Schedule 2 - Pricing Schedule: Breakdown of costs, including extras, modifications, and payment structure

3. Schedule 3 - Warranty Terms: Detailed warranty conditions, coverage periods, and exclusions

4. Appendix A - Vehicle Documentation: Copies of vehicle registration, MOT certificates, service history, and other relevant documentation

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

England and Wales

Publisher

Genie AI

Document Type

Purchase Agreement

Cost

Free to use
Relevant legal definitions
































Clauses



























Industries

Sale of Goods Act 1979: Primary legislation governing contracts for the sale of goods, including implied terms about quality and fitness for purpose, and defining rights and duties of both parties

Consumer Rights Act 2015: Key legislation providing consumer protection, setting quality standards and defining unfair contract terms when dealing with consumers

Supply of Goods and Services Act 1982: Legislation covering contracts that include both goods and services components

Unfair Contract Terms Act 1977: Regulates clauses that exclude or restrict liability and defines reasonableness test for contract terms

Misrepresentation Act 1967: Addresses false statements that induce contracts and provides remedies for misrepresentation

Consumer Contracts Regulations 2013: Additional regulations governing consumer contracts including distance selling and off-premises contracts

Competition Act 1998: Legislation ensuring fair competition and preventing anti-competitive practices in dealer agreements

Data Protection Act 2018: Legislation governing the handling and protection of personal data in business transactions

European Union (Withdrawal) Act 2018: Post-Brexit legislation affecting trade agreements and contractual relationships previously governed by EU law

Vehicle Trading Standards Regulations: Industry-specific regulations governing vehicle trading and dealer operations

Financial Conduct Authority Regulations: Regulatory framework for financial aspects of dealer agreements, particularly relevant if financing is involved

Distance Selling Regulations: Specific regulations governing sales made at a distance or online, protecting consumer rights in remote transactions

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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