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Car Dealer Sales Contract Form Template for Nigeria

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Key Requirements PROMPT example:

Car Dealer Sales Contract Form

"I need a Car Dealer Sales Contract Form for selling new Toyota vehicles in Lagos, Nigeria, that includes extended warranty options and a financing arrangement with monthly installments over 36 months, planned for implementation by March 2025."

Document background
The Car Dealer Sales Contract Form is a fundamental legal document used in Nigeria for formalizing vehicle sales transactions between authorized dealers and purchasers. This document becomes necessary whenever a dealership engages in the sale of new or used vehicles to either individual or corporate buyers. It incorporates key requirements under Nigerian law, including compliance with the Sale of Goods Act, Consumer Protection Council Act, and Federal Road Safety Commission regulations. The contract form includes comprehensive details about the vehicle, payment terms, warranties, and after-sale services, while ensuring proper documentation for vehicle registration and ownership transfer. It serves as both a legal protection mechanism and a standardized process document for dealerships operating in Nigeria's automotive sector.
Suggested Sections

1. Parties: Identification of the dealer and purchaser with full legal names, addresses, and registration details for the dealership

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, VIN, color, mileage, and existing condition

5. Purchase Price and Payment Terms: Total purchase price, payment schedule, deposit requirements, and payment methods

6. Transfer of Ownership: Terms and process for transferring vehicle ownership and registration

7. Warranties and Representations: Standard warranties provided by the dealer and any manufacturer warranties

8. Delivery Terms: Details of vehicle delivery or collection, including timing and location

9. Documentation: List of required documents for the sale and registration transfer

10. Risk and Insurance: Point at which risk transfers to the buyer and insurance requirements

11. Governing Law: Specification that Nigerian law governs the agreement

12. Execution: Signature blocks and execution requirements

Optional Sections

1. Trade-in Vehicle: Details of any vehicle being traded in as part of the purchase, used when there is a trade-in component

2. Financing Terms: When the purchase involves dealer financing or hire purchase arrangements

3. Extended Warranty: Terms of any additional warranty packages purchased by the buyer

4. After-Sales Service: Details of any service packages or maintenance agreements included in the sale

5. Modifications: Details of any modifications to be made to the vehicle before delivery

6. Import Documentation: For imported vehicles, including relevant import documentation and compliance certificates

Suggested Schedules

1. Schedule 1 - Vehicle Specification: Detailed technical specifications of the vehicle

2. Schedule 2 - Vehicle Condition Report: Comprehensive report on the vehicle's condition at time of sale

3. Schedule 3 - Warranty Terms: Full terms and conditions of warranties provided

4. Schedule 4 - Payment Schedule: Detailed breakdown of payment terms if involving installments

5. Appendix A - Vehicle Documents: Copies of vehicle registration, roadworthiness certificate, and insurance documents

6. Appendix B - Dealer Certification: Copies of dealer's business registration and automotive sales certification

Authors

Alex Denne

Head of Growth (Open Source Law) @ 红杏直播 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions








































Clauses






























Relevant Industries

Automotive

Retail

Finance

Insurance

Transportation

Import/Export

Manufacturing

Relevant Teams

Sales

Legal

Finance

Compliance

Customer Service

Documentation

Operations

Import/Export

Administration

Relevant Roles

Sales Manager

Finance Manager

Compliance Officer

Legal Counsel

Automotive Sales Representative

Dealership Owner

Contract Administrator

Business Development Manager

Customer Service Manager

Documentation Specialist

Import/Export Manager

Vehicle Registration Officer

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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