When purchasing a motorcycle, it is important to have a motorcycle sale agreement in place to protect both the buyer and the seller. This document outlines the terms of the sale and helps prevent any misunderstandings or disputes. As a professional, I have compiled a sample motorcycle sale agreement below to help guide your next purchase.

Sample Motorcycle Sale Agreement:

This agreement is made on [date] between [seller name] (hereafter referred to as “Seller”) and [buyer name] (hereafter referred to as “Buyer”) for the sale of a motorcycle described as follows:

Make: [make]

Model: [model]

Year: [year]

VIN: [VIN]

The Seller warrants that they are the owner of the above-described motorcycle and have the right to sell it. The Buyer acknowledges that they have inspected the motorcycle and are satisfied with its condition.

Purchase Price and Payment:

The purchase price of the motorcycle is [purchase price]. The Buyer shall make a payment of [down payment] as a deposit at the time of signing this agreement. The remaining balance of [balance] shall be paid to the Seller at the time of delivery of the motorcycle.

Delivery and Title:

The Seller agrees to deliver the motorcycle to the Buyer on [delivery date] at [delivery location]. The Buyer shall take possession of the motorcycle at that time and will be responsible for arranging transportation and any associated costs.

Upon receipt of the full purchase price, the Seller agrees to transfer ownership of the motorcycle to the Buyer. The Seller shall provide all necessary documents to transfer the title, including a signed title, bill of sale, and any necessary registration documents.

Warranties:

This motorcycle is being sold “as-is” and with no warranties, express or implied. The Seller makes no representations or warranties as to the condition or fitness of the motorcycle for any particular purpose.

Indemnification:

The Buyer agrees to indemnify and hold the Seller harmless from any claims, damages, or liabilities arising out of the use or operation of the motorcycle after delivery.

Governing Law:

This agreement shall be governed by and construed in accordance with the laws of [state/jurisdiction].

Entire Agreement:

This agreement represents the entire understanding between the parties and supersedes all prior negotiations and understandings relating to this transaction.

In conclusion, having a clear and concise motorcycle sale agreement can save both the buyer and the seller time and money in the event of a dispute. By following this sample agreement, you can ensure that your purchase is protected and that both parties are satisfied with the sale.