What kind of guarantees is mentioned in vehicle sale agreement?

Buying a car is always a tricky situation as a consumer because of the uncertainty of what you are buying. Not just the old cars but new cars may also contain flaws as per your desire and requirements. Legally you as a consumer can cover yourself by negotiating comprehensive warrantees and then document them in a form of a vehicle sale agreement. These warrantees are related to the engine run time to security system. A comprehensive and well drafted agreement provides ample space for fall back mechanism in case there are any difficulties after you acquire the car. As seller one must be care full while committing to the warranties because you need to honor them in the future, so one must be aware of draw backs and faults of the car while selling it.


Following are few warranties rendered for the new cars
• Car needs to be of promised quality - safety, durability and free from defects
• Acceptable in appearance and finish and perform as expected.
• Car needs to be fit as per the purpose is promised.
• Demonstration model and sample car will match the actual one.
• Advertised description of the car needs to match the actual one.
• Honoring of express warranties.
• Provision of spare parts and repair facilities need to be rendered for a reasonable time.

When it comes to old cars different set of warranties are required. In some cases the cars are not paid off. Or it might turn out the car is not up to the safety and fitness standards. Common warranties rendered for used cars are as following

• Title(Owners name is must) to the goods
• Undisturbed possession of the goods(Pay off and other issues)
• There are no undisclosed securities on the goods. Before you purchase a used car, you should always check the Register of Encumbered Vehicles (REVs) in the state or territory where the vehicle is registered to confirm whether there is an outstanding debt on the vehicle. By doing a REVs check, you can confirm whether the vehicle is clear of any encumbrances (i.e. unpaid debts). A clear REVs certificate on the day that you are purchasing a used vehicle protects you from repossession due to a previous owner's unpaid debt. To do a REV check, you may need to supply the following vehicle identifiers:
• Registration number.
• Registration state.
• Engine number.
• VIN/chassis numbers.


What should be the contents of vehicle sale agreement?
 vehicle selling contract is quite a negotiable entity and it solely depends upon comprehensive understanding between the buyer and the seller. For general idea following contents are included in the agreement but again it depends on the circumstance • Specifications of the vehicle. • Agreed terms. • Warranties by the seller. • Pay off mechanism.