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1. Parties: Identifies and provides full details of the seller and buyer, including names, addresses, ID numbers, and contact information
2. Background: Brief context of the sale and confirmation that the seller owns the vehicle and has the right to sell it
3. Definitions: Defines key terms used throughout the agreement including 'As Is', 'Vehicle', 'Purchase Price', and 'Completion Date'
4. Vehicle Details: Specific identification of the vehicle including make, model, year, VIN/chassis number, registration number, and color
5. Purchase Price and Payment: States the agreed purchase price and payment terms, including method and timing of payment
6. 'As Is' Condition and Disclaimer: Explicit statement that the vehicle is sold 'as is' with no warranties or guarantees, and buyer accepts all known and unknown conditions
7. Transfer of Ownership: Process and requirements for transferring vehicle ownership, including documentation and registration requirements
8. Seller's Representations: Basic representations about vehicle ownership, lack of encumbrances, and authority to sell
9. Buyer's Acknowledgments: Buyer's confirmation of vehicle inspection and acceptance of 'as is' condition
10. Completion Process: Steps for completing the sale, including document signing, payment, and vehicle handover
11. Governing Law: Specifies that Pakistani law governs the agreement and jurisdiction for disputes
1. Payment in Installments: Used when the purchase price is to be paid in installments, including payment schedule and consequences of default
2. Third-Party Authorization: Required when either party is represented by an authorized agent for the transaction
3. Export/Import Provisions: Included if the vehicle is intended for export or import, addressing additional requirements
4. Insurance and Transfer: Details about transferring or obtaining insurance, if handled as part of the sale
5. Witness Provisions: Additional witnessing requirements if required by local practice or at parties' request
1. Schedule 1 - Vehicle Specification: Detailed technical specifications of the vehicle, including engine size, transmission type, mileage, etc.
2. Schedule 2 - Known Defects: List of known issues or defects with the vehicle disclosed by the seller
3. Schedule 3 - Vehicle Documents: List of all documents being transferred with the vehicle (registration book, maintenance records, previous insurance certificates)
4. Appendix A - Vehicle Inspection Report: If available, third-party inspection report or seller's condition assessment
5. Appendix B - Vehicle Photographs: Dated photographs of the vehicle showing its condition at the time of sale
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