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The Used Car Bill of Sale is a crucial legal document used in the Philippines when transferring ownership of pre-owned vehicles. This document is essential for both private sales and commercial transactions, serving as official proof of sale and protecting both parties' interests. It must comply with Philippine regulations, including requirements from the Land Transportation Office (LTO), Bureau of Internal Revenue (BIR), and local government units. The document typically includes comprehensive vehicle details, warranty disclaimers, price and payment terms, and representations about the vehicle's condition. It's particularly important in the Philippine context where used car sales must be properly documented for registration transfer and tax purposes. The Bill of Sale helps prevent future disputes and ensures a clear chain of vehicle ownership.

1. Parties: Identifies the seller and buyer with their complete legal names, addresses, and contact information as required by Philippine law

2. Background: Brief context stating this is a sale of a used vehicle and the parties' intention to enter into this agreement

3. Definitions: Defines key terms used in the document including 'Vehicle', 'Purchase Price', 'Closing Date', etc.

4. Vehicle Description: Detailed description of the vehicle including make, model, year, color, VIN/chassis number, engine number, plate number, and current odometer reading

5. Purchase Price and Payment: States the agreed purchase price, payment method, and payment terms

6. Seller's Representations: Seller's declarations about vehicle ownership, absence of liens, vehicle condition, and authority to sell

7. Vehicle Condition: Details the current condition of the vehicle, any known defects or damage, and recent repairs

8. Transfer of Title: Specifies the process and timing of ownership transfer, including registration requirements

9. Taxes and Fees: Outlines responsibility for transfer taxes, registration fees, and other applicable charges

10. Governing Law: Specifies that the agreement is governed by Philippine law

11. Execution: Signature block for both parties and witnesses as required by Philippine practice