Sales and purchase agreement for salvage vehicle sample

Purchase and sale agreement for a salvage vehicle

A purchase and sale agreement is one of the most secure ways to complete transactions with a car. With the help of such a document, both parties can confirm ownership of the vehicle or challenge it in court. When drawing up a document, it is necessary to take into account the characteristic features of the alienated vehicle. What is a purchase and sale agreement for a used car and how to draw it up, read below.

Sample contract for the sale and purchase of a used car

A purchase and sale agreement is a document that confirms the parties' intention to complete a transaction. In this case, counterparties are obliged to comply with the conditions: the buyer must pay the full purchase price, and the seller must transfer the property at the specified time in the appointed place. Most often, such transactions are made when alienating a car. The text of the document indicates the distinctive features of the vehicle, as well as the price. Such an agreement can be drawn up either in printed or written form. Particular attention must be paid to the terms of the transaction. If the buyer purchases a used car or a damaged car, the relevant information is indicated in the text:

list of damages;
list of suitable parts;
serviceability of the vehicle;
technical inspection results.

The contract must also indicate the purpose of using the car. A damaged vehicle can be used for its intended purpose only if the engine, as well as other important components of the transport system, remain in good working order. The buyer must also know the cause of the damage to the vehicle in order to assess the possibility of repair work.

The purchase and sale agreement for a used car does not have a specialized form. However, the document has a number of significant conditions. For convenience, notaries use special forms.

The contents of the purchase and sale agreement for a used car include the following information:

Title of the document;
date and place of the transaction;
Full name of the buyer;
seller's passport details;
subject of the contract (detailed description of the vehicle):
- brand;
- model;
- color;
- engine capacity;
- specifications;
- list of external and internal damage;
- service life, etc.
car cost;
terms of the transaction;
payment method;
duties of the parties;
responsibility of the seller and buyer;
signatures.

In order to protect the parties from possible risks, it is recommended that the car purchase and sale agreement be certified by a notary, but this condition is not mandatory. According to the law, along with the car, the seller must provide the new owner with the appropriate documents for the car, as well as assist in re-registering the vehicle at the road inspection department.

After signing the purchase and sale agreement, the document comes into legal force. Its effect can be canceled only with the mutual desire of the parties or in court, if there are grounds for this.

The purchase and sale agreement for a used car itself signifies the intention of the parties to complete the transaction. Actual confirmation that the property has been transferred to the new owner is the act of acceptance and transfer. This document is an annex to the main agreement, on the basis of which the buyer has the basis for registration of ownership rights.

The act of acceptance and transfer of a damaged car is drawn up according to the type of contract. The text indicates all the essential characteristics of the external and internal appearance of the vehicle that are observed at the time of acceptance of the property. However, you should be extremely careful when preparing the document so as not to miss any nuances. Subsequently, based on the recorded defects, the seller or buyer can challenge the transaction in court.

Download a sample contract for the purchase and sale of a used car here:

Required documents

To draw up a purchase and sale agreement for a salvage car, the parties will need the following documents:

identification;
bank account details;
vehicle passport;
certificate of registration and issue of state license plates for the car (purchase agreement, general power of attorney or other document confirming ownership of the vehicle);
MTPL insurance;
diagnostic card;
a copy of the report on the car’s participation in an accident or another document with a list of damage to the vehicle.

Copies of documents are attached to the purchase and sale agreement.

When registering a vehicle with state registration, the new owner will need:

act of acceptance and transfer of the car;
PTS for the car;
state numbers (if available).

Deal Features

Buying and selling a car has a number of significant features:

The contract must comply with legal requirements;
All accompanying documents must be signed by the buyer and seller. If the transaction was certified by a notary, an official visa is also required;
If a car is sold by proxy, the buyer must have the appropriate permission.

In addition to the car itself, other components are often sold, such as wheels, spare keys, etc. This condition should be included in the car purchase and sale agreement as a separate clause.

What does a salvage vehicle purchase and sale agreement look like?

Home » Documents » contracts » Purchase and sale agreements » What does a purchase and sale agreement for a salvage vehicle look like?

Selling your favorite car, even if the car is faulty or has been involved in an accident, is not an easy task. However, parting with a broken or damaged car is only a matter of time. This article will discuss how to correctly draw up a contract for the sale and purchase of a damaged car.

The sequence of actions for buying and selling is as follows:

Preparation of contract. Notarization of the purchase and sale agreement is not required, only a written form is sufficient. However, if you want to increase your guarantees, take the contract to a notary to have it certified;
Inscribing the new owner in the vehicle passport (PTS);
Receiving a pre-agreed amount of money for a damaged vehicle.

Sample of a standard contract for the sale and purchase of a salvage vehicle

The purchase and sale of a salvage vehicle occurs by drawing up a standard vehicle purchase and sale agreement.

In this agreement, please include:

date and place of conclusion of the contract;
passport details of the seller and buyer;
data from the vehicle passport: make, number, color of the car, as well as other identification data;
registration certificate data and other document data;
terms of purchase and sale;
be sure to describe the payment procedure (the best option is prepayment of 100% of the cost);
indicate the conditions for transferring the vehicle to the new owner: when and how it will be done;
indicate what else is being transferred to the buyer (any documents, jack, tires, accessories);
signatures of the parties.

The legislation of the Russian Federation does not establish a unified model for sales contracts. This agreement is drawn up in any form.

However, to avoid unnecessary disputes, we advise:

write down your passport details in detail and carefully;
duplicate the price in words;
stipulate the date or deadline for handing over the car;
indicate what you are enclosing with the car (jack, tires, other accessories, documents).

Avoid abbreviations, and also put dashes in those columns where you do not write anything. Obviously, this is necessary to prevent an unscrupulous buyer from adding terms that are favorable to him.

What documents are required to conclude a car purchase and sale transaction?

To complete a car sale transaction, you must collect the following package of documents:

vehicle passport (PTS). Note that it is noted by the traffic police that the vehicle has been deregistered for sale;

Sample contract for the sale and purchase of a garage by proxy.

See what a simplified car purchase and sale agreement looks like here.

passports of the buyer and seller;
power of attorney from the owner of the car (if the seller is not the owner;
if the buyer does not intend to become the owner, a power of attorney is required from the person who will be the new owner of the car;
passport, seal of the organization, power of attorney of the organization for the right to purchase (sell) a vehicle (if the transaction is made on behalf of a legal entity).

New rules for car purchase and sale transactions

Let's look at the procedure for selling vehicles, which has now changed somewhat:

The peculiarity of this order is that now there is no need to change numbers when the owner changes. Registration numbers now follow the car, they are not tied to the owner. In fact, this is very convenient, because it eliminates unnecessary red tape - the buyer no longer needs to issue new license plates, and the seller no longer needs to deregister the car;
in addition, there is now no need to obtain transit license plates - every purchased car comes with the old plates that the previous owner ordered;

The contract for the sale and purchase of a car no longer needs to be taken to a notary - there is no longer any need to have it certified. The contract is drawn up in any form; it is enough to indicate a number of essential conditions - information about the seller/buyer, information about the vehicle;
Vehicle registration is carried out in any region of the Russian Federation. Therefore, you can sell a car to anyone, regardless of their place of residence and registration.

Having examined the legislative aspects of the contract for the sale of a car, let’s move on to the question of how to sell a damaged car.

Car purchase and sale agreement (download)

As for the vehicle registration document, when purchasing a car, it is more advisable to make it in triplicate, since one of them will remain with the previous owner, the second will remain with the new owner, and the third copy will be taken by a traffic police officer upon registration. And if, nevertheless, you make it up in two, then after registering the car you will have nothing left in your hands.

When registering a car, special attention should be paid to correctly filling out the purchase and sale agreement.

You can fill it out in simple written form, if both parties are satisfied with everything (price, completeness), right at the point of sale. It must be signed by both sides and does not require notarization.

As for filling it out, it must be carefully filled out, it is imperative to check all the numbers on the units and in the documents for the car and enter them, without any blots or corrections, since you may be refused to register the vehicle with the traffic police if there are any. Also, the DCP is the main document confirming your ownership of the purchased car.

Download the form of the car purchase and sale agreement with the acceptance certificate

Well, if we are talking about buying and selling, and you are just going to sell or buy a vehicle, we post the appropriate forms for downloading. Pay special attention to the act of accepting the transfer of the car, and do not ignore it when making a transaction; it adds certain guarantees to the seller and buyer, although it is not mandatory.

Good luck with your transaction. Before purchasing, do not forget to check the car by VIN number for lien, arrest, number of registrations, prohibition of registration actions, and participation in an accident. It's absolutely free.

Sales and purchase agreement for salvage vehicle sample

Recommendations for filling out a car purchase and sale agreement

We print out the form in three copies (for the Seller, the Buyer, the traffic police)
We fill out the contract with a pen of the same color (blue or black), or in printed form
We enter the contract number (any number, for example 0228/2020, then this number will be included in the PTS)
Fill in the column for the place (city) of the transaction and set the current date.
We carefully fill out the passport details of the Seller and the Buyer
We fill in the car data taken from the PTS and Vehicle Certificate without errors.
By agreement of the parties to the transaction, we indicate the cost of the car in numbers and in words (we advise you to indicate the true cost, in the absence of significant arguments before the tax authorities)
Before signing the Car Purchase and Sale Agreement, the Seller and the Buyer exchange documents and car keys for money, and only after that sign the Agreement combined with the vehicle transfer acceptance certificate

List of necessary documents for drawing up a contract for the sale and purchase of a car.

Documents from the Seller:

PTS (Vehicle Passport). (Original)
Vehicle registration certificate. (Original)
Citizen's passport (valid)

Documents from the Buyer:

Citizen's passport (valid)
MTPL policy for the purchased car, without it you cannot move the purchased car

Recommendations for the Buyer:

1. Make sure that the car you are planning to purchase:

Not subject to collateral
There are no restrictions on registration actions (in any MREO)
Not credit (online service on the Internet)
No fines were imposed based on the car number (traffic police website)
Not under arrest

2. Before drawing up a purchase and sale agreement , it is necessary to verify the identity of the Seller with the submitted documents (passport, PTS, Certificate of Registration)

*Do not forget, based on the result of the transaction, to enter the new owner of the vehicle into the PTS, indicate the date of purchase and the number of the document of ownership with the date of its execution, as well as sign the Seller and the Buyer.

Recommendations after selling a car

According to the law that came into force in 2014, the Buyer is obliged to register the vehicle (register the car in his name) within 10 days from the date of signing the purchase and sale agreement. After this period, you can contact the district MREO traffic police department and check the registration of your former car with the new owner. If the new owner has not re-registered the car in his name, you have the right to terminate the registration of the vehicle by writing an application and submitting a purchase and sale agreement.

Recommendation: before writing a statement to the traffic police, contact the new owner of the vehicle and ask why he did not re-register the car in his name.

If, at the time of selling the car, the MTPL policy has not yet expired, you can return the money for the unused insurance period.

Please note that in case of selling a car, the number of unused days is calculated from the day following the day the notice of termination is written. Thus, the sooner you contact your insurance company, the greater the payment will be.

To terminate the contract, you need to come to the office of the insurance company (address, telephone number is indicated on one of the policy stamps) and, with the help of an employee, write a statement of termination. You should have the following documents with you:

DCP (photocopy)
PTS of the sold car with a note about the new owner (photocopy)
General power of attorney (if any) (photocopy)
Insurance policy and receipt (payment order if the policyholder is a legal entity)
Passport (or its photocopy) of the policyholder

Sample contract for the sale and purchase of a used car

The number of accidents on Russian roads is not decreasing. In almost all of them, cars are damaged to one degree or another. They can be insignificant, but sometimes, due to a strong impact, a faulty car can no longer leave the scene of an accident on its own. The owner is faced with the question of whether to repair the car, sell it for parts, essentially sending it to scrap, or try to sell it “as is”, receiving a tidy sum right away. This material contains information on how to draw up and conclude a contract for the sale and purchase of a used car, a sample and features of its implementation.

What condition can the car be in when concluding the contract?

Let's start with the fact that you can sell a car in any condition. The only question is whether we are talking about a whole vehicle or one disassembled into spare parts for repairing other cars.

If there are no problems with the sale of intact vehicles, then with damaged vehicles everything is somewhat more complicated. If the car is damaged, but not completely, for example, with extensive damage, “on the move” and is able to independently get to the MREO, the technical inspection is still valid for it, then you can sell it almost as if it were intact. The only difference will be the price.

The situation is more complicated with heavily damaged or “total” cars. Such cars cannot be registered. They will not be able to pass the MOT, which means it will not be possible to purchase an MTPL insurance policy for them. As a result, it will be possible to register it only after repairs, which of course will take some, sometimes a long, time. This raises the problem of registering a vehicle within 10 days. The Code of Administrative Offenses of the Russian Federation provides for a fine for violating the terms of vehicle registration and for driving a car that is not registered.

So, you can sell a car with any damage. The only question is the difficulty of subsequent registration.

You'll have to pay a fine. But the seller is not concerned about this fact. As long as the car is under repair after purchase, it will remain the property of the previous owner. All fines and transport taxes will go to him. In this case, the seller also has options for solutions. To avoid fines, it is worth discussing with the buyer:

The deadline for upcoming repairs, after which the car will be re-registered.
Periodically check the car on the traffic police website for new fines. The very first fine or a letter of happiness and the owner immediately goes to remove it from the register. A fine for new registration will be guaranteed.
Inclusion in the price of the amount of transport tax for the period of repair. Simply divide the tax by 12 with your head and multiply it by the number of potential months of repairs.

If the parties are satisfied with everything, then you can begin to draw up an agreement.

Features of drawing up a contract

By and large, a contract for the sale of a damaged car to any extent differs little from an ordinary car’s contract. With one significant difference. It is in the interests of the parties that it is simply necessary to carefully describe all existing damage to the vehicle and indicate that the car is being transferred “as is.” This will mean that the buyer knows that the machine is unsuitable for use “here and now” and will not subsequently make additional claims.

Attention! It is also important to indicate that the car is not under encumbrances and is free from the rights of third parties. This may well be the result of litigation for damage caused in an accident. Therefore, before purchasing, you should personally check the car in the traffic police database for this item.

It is advisable to draw up such a document on a computer. If you nevertheless decide to download the form and fill it out by hand, then after completing the list of damages, you must put a dash in the empty lines in order to avoid “extending the list” without the consent of the parties.

To avoid further problems, you should follow the same rules as when selling any car:

Carefully check the documents of the buyer and seller before concluding an agreement.
Check the car against the traffic police database for “purity of history.”
Fill out the agreement either on a computer or with a ballpoint pen.
Periodically monitor the car for deregistration.
Save the agreement and contact information of the other party. If deregistration is delayed after the agreed repair period, it would be a good idea for the buyer to call and clarify why the car is still registered as his property. Perhaps the repair turned out to be more complex and took longer.

Approximate sample

In each specific case, the purchase agreement for a defective car will be different. The list of damages will vary. They need to be described very clearly and even in detail. Otherwise, there is a risk that the buyer will go to court when he decides that resale will not return the money invested in repairs and the costs of the “patient” himself. However, when drawing up each specific contract, it will not be amiss to familiarize yourself with the sample first.

Let’s assume that a Mitsubishi CX 5 was badly damaged in an accident. The owner is not ready to send the initially expensive car for scrap, but he also does not plan to repair it himself. For this reason, he decided to sell it to a reseller, with whom he drew up an agreement.

Car purchase and sale agreement

Ivanovsk 15.01. 2019

We, hereinafter referred to as the “Parties” represented by Ilya Arkadevich Petrenko, born in 1984. passport 30569833899 issued by the Left Bank police department. G. Ivanovsk born December 11, 2000 hereinafter referred to as “Buyer” and Savelyev Fedor Petrovich, born in 1970. passport 7846093345 issued by the Central District Department of Internal Affairs of Ivanovsk on October 30, 1998, we agreed on the following:

The seller transfers ownership of a red Mitsubishi CX 5 car, state registration plate KU845O, produced in 2018 in Kaluga, body VIN 74875748675676, engine VIN 782758745783787 (hereinafter referred to as the Car)

The car belongs to the buyer by right of ownership on the basis of PTS No. 75876876567898 and is transferred to the buyer free of restrictions and rights of third parties.

The vehicle is transferred in “as is” condition and is not “on the move”. At the time of signing the contract and has the following damage:

Dented: hood, left and right fenders,
Headlights, turn signals, fog lights and running lights are broken,
The front bumper is missing,
The geometry of the body is broken,
Damaged front shock absorbers, wheels, suspension,
The engine is faulty.

There may be additional latent damage caused by an impact to the front of the vehicle.

The Buyer undertakes to pay the Seller the cost of the car in the amount of 500,000 (five hundred thousand) rubles.

The buyer undertakes to pay the amount specified in this agreement in a lump sum upon conclusion.

This agreement is an act of acceptance and transfer of the car.

The agreement is drawn up in 3 copies. Each party received one copy. Another one was handed over to the buyer for further registration with the MREO.

So, you can sell a car in any condition, even “total”. It is not necessary to send it for disassembly. Selling the whole thing, even if not on the move, can bring more profit, the main thing is to draw up the contract correctly.