The Car Sold As Is Contract is essential for transactions where a vehicle is being sold in its current condition without warranties or guarantees beyond those mandated by Indonesian law. This document type is commonly used in Indonesia for private sales, dealership transactions, and corporate fleet disposals where the seller wishes to limit their liability and the buyer agrees to accept the vehicle in its present state. The contract complies with the Indonesian Civil Code (KUHPerdata), Law No. 8 of 1999 on Consumer Protection, and Law No. 22 of 2009 on Traffic and Road Transportation. It includes detailed vehicle information, condition reports, known defects, ownership transfer procedures, and explicit acknowledgments from the buyer regarding the "as is" nature of the sale. This document is particularly important in protecting both parties' interests while ensuring transparency in used vehicle transactions.
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1. Parties: Identification of the seller and buyer with complete legal names, addresses, and identification numbers as required by Indonesian law
2. Background: Context of the sale, including brief history of the vehicle ownership and intention to sell/buy 'as is'
3. Definitions: Key terms used in the agreement, including 'as is', 'current condition', and other relevant technical terms
4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, color, VIN, license plate number, and current odometer reading
5. Purchase Price and Payment: Agreed purchase price, payment method, and payment schedule if applicable
6. As Is Condition and Disclaimers: Explicit statement that the vehicle is sold 'as is', with detailed disclaimers and buyer acknowledgments of the vehicle's current condition
7. Seller's Representations: Basic representations about vehicle ownership, authority to sell, and absence of liens
8. Buyer's Acknowledgments: Buyer's confirmation of vehicle inspection, understanding of 'as is' nature, and acceptance of condition
9. Transfer of Ownership: Process and obligations for transferring vehicle ownership, including documentation requirements
10. Governing Law: Specification that Indonesian law governs the agreement
11. Execution: Signature blocks and execution requirements
1. Inspection Period: Optional section allowing buyer a specific period to inspect the vehicle, used when immediate transfer isn't possible
2. Third-Party Mechanic Review: Terms for allowing a professional inspection before sale completion, if agreed by parties
3. Payment in Installments: Include when the purchase price will be paid in multiple installments rather than a single payment
4. Security Interest: Include when seller maintains any security interest in the vehicle pending full payment
5. Arbitration: Optional dispute resolution mechanism, if parties prefer arbitration over court proceedings
1. Schedule A - Vehicle Condition Report: Detailed report of vehicle's current condition, including known defects, damage, and maintenance history
2. Schedule B - Vehicle Documents: List of all documents being transferred with the vehicle (registration, maintenance records, previous insurance claims)
3. Schedule C - Photographs: Dated photographs showing current condition of vehicle, including any damage or defects
4. Schedule D - Test Results: Results of any vehicle tests or inspections conducted prior to sale
5. Appendix 1 - Handover Checklist: List of items to be checked and confirmed during physical transfer of the vehicle
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