A vehicle agreement is made and committed between the vehicle owner and the interested buyer (individual/ company) to rent, purchase or lease the desired vehicle. The agreement contains details regarding the payment clauses, vehicle description along with details of both the parties/.
Sample Vehicle Agreement:
Agreement Number: 784/ VPA
Date: January 30th, 2011
This vehicle agreement is prepared & entered between:
Details of the vehicle owner:
Name: Candy Spielberg
Contact number: 7687 236 6979
Hereinafter called as the owner party
Details of the individual/ company:
Name: Mark McGraw
Phone number: 6790 367 7980
Hereinafter called as the purchasing party
Whereas, the owner party is willing to sell the vehicle to the purchasing party by accepting the given term & conditions at the committed vehicle price
This agreement is effective from January 31st, 2011.
Terms & conditions:
Hereby, the owner party is selling the vehicle name: Ford Fiesta, Registration Number AM6978 along with a license to the purchasing party.
The purchasing party is paying an amount of $ 38486 for the vehicle on January 31st, 2011.
After payment the documents will be transferred on the name of purchasing party.
Any kind of unsettled issue may leads to the termination of this agreement.
Acceptance of the vehicle agreement:
Signature of the Owner Party: Signature of the Purchasing Party: