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New Car Purchase Agreement

New Car Purchase Agreement Template for Australia

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Key Requirements PROMPT example:

New Car Purchase Agreement

"I need a New Car Purchase Agreement for a luxury vehicle sale to a corporate buyer, including provisions for a fleet discount and scheduled delivery of 5 identical vehicles in March 2025, with specific warranty terms for business use."

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Document background
The New Car Purchase Agreement is a vital legal document used in Australian vehicle sales transactions to formalize the purchase of a new vehicle from an authorized dealer. This agreement is designed to comply with Australian Consumer Law, state-based motor vehicle regulations, and other relevant legislation while protecting both dealer and purchaser interests. It should be used whenever a new vehicle is being sold to either private or business customers, incorporating essential elements such as vehicle specifications, statutory warranties, payment terms, and delivery conditions. The document also accommodates various payment methods, including finance arrangements, and can include provisions for trade-ins, additional warranties, and after-sale services. Its structure reflects current Australian automotive industry practices and regulatory requirements, making it suitable for use by dealerships across all Australian states and territories.
Suggested Sections

1. Parties: Identification of the dealer/seller and the purchaser with full legal names and addresses

2. Background: Context of the agreement and brief overview of the transaction

3. Definitions: Definitions of key terms used throughout the agreement

4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, VIN, engine number, and color

5. Purchase Price: Total purchase price, deposit requirements, and payment terms

6. Statutory Warranties and Guarantees: Mandatory warranties and guarantees under Australian Consumer Law

7. Delivery: Delivery terms, timing, and conditions for vehicle handover

8. Title and Risk: Transfer of ownership and risk provisions

9. Dealer Obligations: Obligations of the dealer including pre-delivery inspection and preparation

10. Purchaser Obligations: Obligations of the purchaser including payment and acceptance conditions

11. Default and Termination: Consequences of default and termination rights

12. General Provisions: Standard legal provisions including governing law, notices, and entire agreement

13. Execution: Signing provisions and execution blocks

Optional Sections

1. Trade-in Vehicle: Details of any trade-in vehicle and associated terms - include when there is a trade-in as part of the purchase

2. Finance Arrangements: Details of financing terms and conditions - include when the purchase involves dealer financing

3. Insurance: Insurance requirements and arrangements - include when the dealer offers insurance packages

4. Extended Warranty: Terms of any extended warranty or additional protection packages - include when optional warranties are purchased

5. Accessories and Modifications: Details of additional accessories or modifications - include when the vehicle is to be modified or fitted with extras

6. Registration and Transfer: Handling of registration and transfer procedures - include when the dealer manages registration

7. Return Policy: Specific return or cooling-off period terms - include when offered beyond statutory requirements

Suggested Schedules

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

2. Schedule 2 - Included Features and Accessories: Itemized list of all features and accessories included in the purchase price

3. Schedule 3 - Warranty Terms: Detailed warranty terms, conditions, and exclusions

4. Schedule 4 - Pre-Delivery Inspection Checklist: Checklist of items inspected and prepared before delivery

5. Appendix A - Manufacturer's Warranty: Copy of the manufacturer's warranty documentation

6. Appendix B - Service Schedule: Required service intervals and maintenance schedule

7. Appendix C - Finance Terms: Detailed finance terms and conditions if applicable

Authors

Alex Denne

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

alex.den.21@genieai.co
Relevant legal definitions

























Clauses






























Relevant Industries

Automotive

Retail

Financial Services

Insurance

Manufacturing

Transportation

Consumer Goods

Relevant Teams

Sales

Legal

Compliance

Finance

Customer Service

Documentation

Operations

Business Development

Risk Management

Relevant Roles

Sales Manager

Finance Manager

Compliance Officer

Legal Counsel

Automotive Dealer Principal

Sales Executive

Business Development Manager

Contract Administrator

Customer Service Manager

Fleet Manager

Insurance Specialist

Documentation 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,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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