The Car Dealer Purchase Agreement Form is a crucial document used in the Philippine automotive retail sector when a licensed dealership sells a new or used vehicle to a purchaser. This agreement ensures compliance with Philippine consumer protection laws, transportation regulations, and commercial contract requirements. It is designed to protect both the dealer's and buyer's interests by clearly documenting the vehicle specifications, purchase price, payment terms, warranties, and conditions for ownership transfer. The agreement incorporates requirements from various Philippine laws including the Consumer Act (RA 7394), the Civil Code, and Land Transportation Office regulations. It serves as both a legal record of the transaction and a reference document for any future warranty claims or disputes.
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1. Parties: Identification of the car dealer and the purchaser, including complete legal names, addresses, and contact information
2. Background: Brief context of the transaction and the dealer's authority to sell the vehicle
3. Definitions: Key terms used throughout the agreement defined for clarity
4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, color, VIN, engine number, and mileage
5. Purchase Price and Payment Terms: Total purchase price, payment schedule, deposit requirements, and payment methods
6. Delivery Terms: Timing and conditions for vehicle delivery, including location and responsibility for delivery costs
7. Warranties and Representations: Dealer's warranties on the vehicle and representations about its condition and ownership
8. Transfer of Ownership: Process and requirements for transferring vehicle ownership and registration
9. Taxes and Registration Fees: Responsibility for various taxes, registration fees, and other governmental charges
10. Default and Remedies: Consequences of default by either party and available remedies
11. Governing Law: Specification of Philippine law as governing law and jurisdiction
12. Execution: Signature blocks and execution requirements
1. Trade-In Details: Used when the buyer is trading in another vehicle as part of the purchase
2. Financing Terms: Required when the purchase involves dealer financing or coordination with a third-party lender
3. Insurance Requirements: Included when the dealer requires specific insurance coverage before delivery
4. Modifications and Accessories: Used when the purchase includes dealer-installed modifications or accessories
5. Extended Warranty: Details of any extended warranty packages purchased with the vehicle
6. Return Policy: Included when the dealer offers a return or exchange period
7. Force Majeure: Added in cases where delivery timing is critical and potential delays need to be addressed
1. Schedule A - Vehicle Specification Sheet: Detailed technical specifications of the vehicle including all features and equipment
2. Schedule B - Vehicle Inspection Report: Pre-delivery inspection report detailing the condition of the vehicle
3. Schedule C - Warranty Terms and Conditions: Detailed warranty terms, conditions, and exclusions
4. Schedule D - Payment Schedule: Detailed breakdown of payment installments if applicable
5. Schedule E - Delivery Checklist: List of items to be checked and confirmed during vehicle delivery
6. Appendix 1 - Required Documentation: List of documents required for vehicle registration and transfer
7. Appendix 2 - Maintenance Schedule: Recommended maintenance schedule for warranty compliance
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