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The Used Car Sale Contract is an essential legal instrument in the Philippines for documenting the transfer of ownership of second-hand vehicles. It is designed to comply with Philippine legal requirements, including the Civil Code, Consumer Act, and Land Transportation regulations. This document is crucial for both private sales and commercial transactions, providing protection for both buyers and sellers by clearly documenting the vehicle's condition, sale price, and terms of transfer. It includes mandatory disclosures required by Philippine consumer protection laws, handles tax implications, and ensures proper documentation for vehicle registration transfer. The contract is particularly important given the significant used car market in the Philippines and the need to prevent future disputes regarding vehicle condition, payment terms, or ownership transfer.

1. Parties: Identification of the Seller and Buyer with complete details including names, addresses, and valid government IDs

2. Background: Context of the sale and brief description of the transaction

3. Definitions: Key terms used throughout the agreement

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

5. Purchase Price and Payment Terms: Agreed price, payment method, and schedule of payments if applicable

6. Vehicle Condition and Disclosures: Detailed description of the vehicle's current condition, known defects, accident history, and maintenance records

7. Transfer of Ownership: Process and requirements for transferring vehicle ownership, including registration and documentation

8. Representations and Warranties: Seller's representations about the vehicle's condition and legal status

9. Buyer's Acknowledgments: Buyer's confirmation of vehicle inspection and acceptance of condition

10. Closing and Delivery: Details of when and how the vehicle will be handed over

11. Governing Law: Specification that Philippine law governs the agreement

12. Execution: Signature blocks and execution requirements