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, ________ (hereinafter the "Seller"), presently of the following address:
________
DOES HEREBY SELL, ASSIGN, AND TRANSFER to ________ (hereinafter the "Buyer"), presently of the following address:
________
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 ________. 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:
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________, Buyer
______________________________
Date
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________, Seller
______________________________
Date
II. WARRANTY
SELLER HEREBY NOTIFIES BUYER, AND BUYER HEREBY ACKNOWLEDGES AND AGREES THAT THE IS BEING SOLD AS IS WITHOUT ANY WARRANTY OF ANY KIND, EITHER EXPRESS OR IMPLIED, REGARDING THE CONDITION OF THE VEHICLE. SELLER EXPRESSLY DISCLAIMS ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR OF FITNESS FOR A PARTICULAR PURPOSE.
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. ENTIRE AGREEMENT
This Agreement contains the entire Agreement of the Parties regarding the subject matter of this Agreement, and there are no other promises or conditions in any other Agreement, whether oral or written.
V. SEVERABILITY
If any provision of this Agreement shall be held to be valid or unenforceable for any reason, the remaining provisions shall continue to be valid and enforceable.
If a court finds that any provision of this Agreement is invalid or unenforceable, but that by limiting such provision it would become valid and enforceable, then such provision shall be deemed to be written, construed, and enforced as so limited.
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 on ________.
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________, Buyer
______________________________
Date
______________________________
________, Seller
______________________________
Date