Can you reserve a car with a pre-contract??
Imagine that after a long search, you have finally found your dream car found at a dealer or a private seller.
Unfortunately you can buy the car do not pay cash immediately and first have to ask relatives for financial help for the purchase or apply for a car loan from the bank.
This can take some time, and so days often go by when a other buyers could snatch the vehicle away from under their noses. In such a situation, is there a way to get securing the right of first refusal on the car at the time of sale?
Yes. Before you draw up a contract for the purchase of the car, you can also create a pre-contract.
Yes. a pre-contract for the purchase of a car is legally binding for both contracting parties. You can therefore not simply withdraw from this purchase contract.
Our sample shows you how a preliminary contract for the purchase of a car can look like. You can download this free of charge.
In fact, you have the option to buy a so-called pre-contract for the purchase of the car to subscribe. What buyers or. sellers should pay attention to and how to sign a pre-contract for the car formulate correctly, learn more in this guide.
What is actually a pre-contract when buying a car?
The preliminary contract for the purchase of a car – whether from a private person or from a dealer – is a obligation of two parties, within a fixed period to conclude a binding purchase contract. This form of contract is particularly common in real estate transactions, but it can also be used in the purchase or. Sale of vehicles such an agreement can be quite useful.
Is the pre-contract legally binding for the car?
Neither the buyer nor the seller may withdraw from the pre-contract for the purchase of a car without reason.
The pre-contract for the car purchase is for both parties, so for the buyer as well as for the seller, legally binding. If the seller finds another buyer in the meantime, who would pay a higher price, he is not allowed to sell the car to him.
And also the purchaser may be exempt from the pre-contract on the purchase of the car do not simply withdraw. This is only possible on the basis of the agreements specified in the contract.
If the main contract does not materialize within the agreed period of time, can the seller file a lawsuit, insist on the fulfillment of the contract or claim damages.
Pre-contract for the purchase of a car: download sample
From the following sample you can see, how a pre-contract for the purchase of a car can be structured. This is a regular purchase contract, but with an additional agreement added to it. Keep in mind that this is just an example which must be adapted to the individual case in question.
Sample: preliminary contract for the purchase of a car
[name, first name]
[DATE OF BIRTH]
[name, first name]
[date of birth]
[ID card number]
[manufacturer and model/type]
[vehicle identification number]
[nr. The registration certificate part II]
[official license plate]
[date of first registration]
[next main inspection]
[read odometer reading.]
[quote in euro]
[in case of payment by installments: number and amount of monthly installments]
The vehicle is sold under exclusion of any liability for material defects. the exclusion of liability for material defects does not apply to claims for damages which are based on an intentional or grossly negligent breach of obligations by the seller or his vicarious agents, as well as to claims arising from injury to life, limb or health.
[list of optional extras included in the price]
[list of existing damages]
[more information about the vehicle and its condition]
this is a preliminary contract.
reasons for concluding the preliminary contract: [indicate here the reasons why the final purchase contract has not yet been concluded.]
the prospective buyer agrees to make a decision as to whether to enter into a definitive purchase agreement by [insert date]. If this deadline is exceeded, the above-mentioned seller has the right to sell the vehicle to another interested party.
[seller’s date and signature]
[buyer: date and signature]
Sample: pre-contract for car purchase free download
Notice: this pre-contract for the purchase of a car is a sample that you should only use in an adapted form.
Use the sample, making sure that the wording is adapted to your specific situation.
Here you can download the sample as a word-document (doc) or as a PDF file.
2 thoughts on " pre-contract for the car purchase – tips for the handling of the car purchase "
I didn’t know that you can make buying a car much easier by signing a pre-contract. There is still enough time to sign a real sales contract, because the pre-contract is already legally binding. I will tell my sister that she can secure the car in advance by signing a pre-contract.
Thank you for the tips on how to buy a vehicle. my brother drives a half-year car and is looking around for a new car. It is good to know that the pre-contract is also binding for the parties involved.