Vehicle Sales Agreement Excel Template

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Vehicle Sales Agreement
Particulars Details
Seller's Details
Name Mr. Shyam Modi
Address Line 1 33, M.G. Road
Address Line 2 Nr. Post Office
City and State Pune, Maharashtra
Pincode 400325
Age 40
Buyer's Details
Name Mr. Pawan Wadhwani
Address Line 1 156, Lane 3
Address Line 2 Industrial Notified Area
City and State Pune, Maharashtra
Pincode 400355
Age 45
Other Details
Date of Agreement 03/03/2020
Vehicle Honda City Car
Vehicle Make Honda
Vehicle Model City
Vehicle Type Car
Year of Manufacturing 2018
Vehicle's Regisration No. MH-01-TC-1111
Vehicle's Chasis No. ABCDEFGHI758594030WW
Vehicle's Engine No. IKVL3858632-29294-98789TE
Agreement Effective Date 03/03/2020
Consideration Amount Rs. 4,50,000/-
Amount in words Rupees Four Lakh Fifty Thousand Only
Existing loan account number CV201948459595893
Date of repayment of loan 03/03/2020
N.O.C. to be furnished by 25/03/2020
Witness 1 Details
Name Mr. Santosh Mishra
Address Line 1 23, Edward Street
Address Line 2 Mulund
City and State Mumbai, Maharashtra
Pincode 400212
Witness 2 Details
Name Mr. Dipak Mishra
Address Line 1 24, Edward Street
Address Line 2 Mulund
City and State Mumbai, Maharashtra
Pincode 400212
Vehicle Sale Agreement

This agreement made at the day of ### BETWEEN

1. Mr./Ms. Mr. Shyam Modi , residing at 33, M.G. Road, Nr. Post Office, Pune, Maharashtra, 400325
aged 40 , hereinafter called “the Vehicle Owner / Seller” of Vehicle Honda City Car
(which expression shall, unless it be repugnant to the context or meaning thereof, include their respective heirs, executors,
administration and assigns) of the ONE PART

AND

1. Mr./Ms. Mr. Pawan Wadhwani , residing at 156, Lane 3, Industrial Notified Area, Pune, Maharashtra, 400355
aged 45 , hereinafter called “the Buyer” (which expression shall, unless it be repugnant to the context or
meaning thereof, include their respective heirs, executors, administration and assigns) of the OTHER PART

WHEREAS

The Seller has the absolute ownership with all rights of ownership and possession with / without any liability on Vehicle
Honda City Car - 2018, MH-01-TC-1111 and Chassis No. ABCDEFGHI758594030WW
and Engine No. IKVL3858632-29294-98789TE .

Effective from 03/03/2020 for value consideration as per mutual consent of Rs. 4,50,000/-
Rupees Four Lakh Fifty Thousand Only in form of cash/cheque/DD payment, seller has agreed to sell,
convey and transfers the Vehicle described into the buyer by handing over Original RC, All Original Keys, Bank
Documents (if any) and any other documents pertaining to the transfer of the Vehicle with signed RTO Forms. The seller
understands that s/he transfers the sole right of ownership of the Vehicle referred into the buyer to be used at sole
discretion of the buyer at his / her own will.

The buyer takes the full ownership of the Vehicle Honda City Car - 2018, MH-01-TC-1111 , bearing
Chasis No. ABCDEFGHI758594030WW and Engine No. IKVL3858632-29294-98789TE
and consents to complete all transfer formalities to transfer vehicle in RTO, Insurance in his / her name on the earliest
basis.

The Buyer Consents that he has taken the delivery of the Vehicle and consents to be in possession of all material papers
and documents pertaining to the Vehicle. Buyer understands that all responsibilities, RTO and other penalties, risks
associated after date and time of executing this agreement will be his/her responsibility.

Seller also understands that all responsibilities, RTO and other penalties, risks associated before date and time of
executing this agreement will be his/her responsibility.

Seller has paid the outstanding amount of Bank loan wide loan account no. CV201948459595893 , on
03/03/2020 and as per the procedure of Bank he will furnish NOC issued by bank to the Buyer latest by
25/03/2020 . In case Seller fails to do so then he will be liable to pay back the whole amount of consideration
to buyer and get the possession of vehicle back.

Seller warrants that all documents to buyer and other matters in connection with such transaction are in all respects as

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required by, and in accordance with, all applicable laws and regulations prevailing at the time of signing this sale
agreement with no material facts hidden.

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SIGNED AND DELIVERED by the Witness:

Seller: 1)
Mr. Shyam Modi Mr. Santosh Mishra
23, Edward Street Mulund Mumbai, Maharashtra - 400212

Buyer: 2)
Mr. Pawan Wadhwani Mr. Dipak Mishra
24, Edward Street Mulund Mumbai, Maharashtra - 400212
Dated: 03/03/2020

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