Guide to Handwritten Used Car Sale Contracts in Vietnam

The old saying “Durability lies with the owner” remains true. However, in modern life, changing cars is inevitable to suit evolving needs. If you own a used car and want to sell it, understanding the legal process is crucial. This guide provides detailed instructions on handwritten used car sale contracts in Vietnam and essential tips to protect your interests.

Why Use a Handwritten Used Car Sale Contract?

A handwritten used car sale contract is a crucial legal document confirming the transfer of vehicle ownership from seller to buyer. Whether it’s a truck, bus, or car, using a handwritten contract offers several benefits:

• Simplicity and Ease: You can easily write one yourself or download and fill out a template.
• Cost Savings: Compared to notarization, a handwritten contract saves significant costs.
• Flexibility: You can easily modify and add information to suit both parties’ agreement.

However, for legal validity, ensure complete and accurate information on the contract.

How to Write a Handwritten Used Car Sale Contract

Mandatory Information:

1. Seller and Buyer Information: Full name, ID/Citizen ID number, permanent address, phone number.
2. Vehicle Information: License plate, chassis number, engine number, make, model, year of manufacture, color, engine displacement.
3. Sale Price: Clearly state the price in words and numbers, including the currency.
4. Time and Place of Vehicle Delivery: Specify the date, time, and location for vehicle handover.
5. Seller’s Commitment: Confirm the car is in good working order, free of disputes, not collateralized, and has valid documentation.
6. Signatures of Seller and Buyer: Full signatures and seals (if applicable) at the end of the contract.

Sample Handwritten Used Car Sale Contract (Reference):

SOCIALIST REPUBLIC OF VIETNAM

Independence – Freedom – Happiness

——-o0o——-

USED CAR SALE CONTRACT

Today, the … day of … month … year …, at …, we, the undersigned:

Seller:

• Full Name: …
• ID/Citizen ID No.: … issued on …/ …/ … at …
• Address: …
• Phone Number: …

Buyer:

• Full Name: …
• ID/Citizen ID No.: … issued on …/ …/ … at …
• Address: …
• Phone Number: …

Agree to the sale and purchase of a used car under the following terms:

Article 1: Subject of Sale

The Seller agrees to sell and the Buyer agrees to buy the following used car:

• License Plate: …
• Chassis Number: …
• Engine Number: …
• Make: …
• Model: …
• Year of Manufacture: …
• Color: …
• Engine Displacement: … cc

Article 2: Sale Price

The total value of the vehicle is: … VND (In words: …).

Article 3: Payment Method

The Buyer shall pay the Seller in cash upon signing the contract.

Article 4: Time and Place of Vehicle Delivery

The Seller shall deliver the vehicle to the Buyer at … o’clock on … day of … month … year … at ….

Article 5: Commitments of the Parties

• The Seller guarantees the car is in good working condition, free from disputes, not used as collateral, and has valid documentation.
• The Buyer, upon receiving the vehicle, is responsible for transferring ownership according to regulations.

Article 6: Contract Validity

This contract is effective from the date of signing and is made in 02 (two) copies, each party retaining 01 (one) copy of equal value.

Seller’s Representative Buyer’s Representative

(Signature and Full Name) (Signature and Full Name)

Important Notes:

• Print two copies of the contract, one for each party.
• After signing, the seller should keep a photocopy of the buyer’s ID/Citizen ID as proof.
• Request the buyer to complete the ownership transfer within 30 days of purchase.

FAQs about Handwritten Used Car Sale Contracts:

1. Is a handwritten used car sale contract legally binding?

Yes, if it meets these conditions:

• Written format with both parties’ signatures.
• Content complies with the law.
• Participants have full legal capacity.

2. Does a handwritten used car sale contract need notarization?

Currently, notarization is not required. However, for legal safety, you can opt for notarization at a notary office or the local People’s Committee.

3. What if disputes arise after a sale with a handwritten contract?

Negotiate calmly to find a solution. If unresolved, seek legal intervention for protection.

Expert Advice:

According to Mr. Nguyen Van A, a legal expert at XE TẢI HÀ NỘI, “Handwritten Used Car Sale Contracts offer convenience. However, to avoid legal risks, both buyer and seller should thoroughly understand legal regulations, complete all information, and sign the contract. Choose reputable dealerships for a secure transaction.”

Conclusion

Buying or selling a used car is a significant decision requiring careful consideration of legal procedures and choosing a trustworthy dealer. Hopefully, this article provided helpful information. Be an informed consumer and choose the best solution for yourself.

Used truck sale

Truck sale contract

For more information on trucks, dump trucks, and specialized vehicles, contact XE TẢI HÀ NỘI – Hanoi’s leading provider of genuine and reputable trucks. We are committed to your complete satisfaction with professional service and superior product quality.

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