Terms & Conditions for Used Vehicle Sale and Purchase
- General Terms
- These Terms & Conditions govern all transactions related to the sale and purchase of used vehicles through our business.
- By engaging in a transaction, both buyer and seller agree to comply with the terms outlined herein.
- Vehicle Condition
- Vehicles are sold in “as-is” condition unless otherwise specified in writing.
- No warranties or guarantees (express or implied) are provided regarding the condition, performance, mileage accuracy, or future reliability of the vehicle.
- Buyers are encouraged to inspect the vehicle and/or obtain a professional inspection before completing the purchase.
- Ownership & Documentation
- The seller must provide original ownership documents, registration certificate (RC), insurance papers, pollution certificate, and any loan clearance (if applicable).
- The buyer is responsible for transferring the ownership at the Regional Transport Office (RTO) within the prescribed period.
- Until the transfer is completed, the seller may not be held liable for fines, challans, or misuse of the vehicle, provided proper transfer documentation has been executed.
- Payment Terms
- Payments must be made via agreed methods (bank transfer, cheque, demand draft, or cash as per legal limits).
- Full payment must be received before delivery of the vehicle and documents.
- Any advance paid is non-refundable unless the seller fails to complete the sale.
- Liability Disclaimer
- The business acts only as a facilitator between buyers and sellers unless the vehicle is directly owned by the business.
- We are not responsible for post-sale disputes, hidden defects, or future accidents involving the vehicle.
- Road tax, insurance renewal, and other statutory compliances are the responsibility of the buyer after purchase.
- Test Drives & Risk
- Buyers taking test drives shall do so at their own risk. The business will not be held liable for any damages, accidents, or violations occurring during test drives.
- Cancellation Policy
- Once the sale agreement is signed and payment made, cancellation is not permitted unless mutually agreed by both parties.
- Jurisdiction
- All disputes arising out of transactions shall be subject to the jurisdiction of the courts where the business is registered.
Declaration:
By proceeding with the transaction, both buyer and seller acknowledge that they have read, understood, and agreed to these Terms & Conditions.