Vehicle Offer And Sale Agreement Nz

By december 20, 2020Geen categorie

If we receive a notification that you have sold a vehicle, we update the vehicle registry to show that you are no longer the registered person for the vehicle. If you are selling a vehicle without current WoF or CoF, you must: We can send you a letter to find out if you have sold the vehicle. We do not always do, but we will send you a letter if we have noticed something that does not add up. Dealers generally enter into CGA contracts for vehicles sold for commercial purposes. An extended warranty can therefore be a good option if you buy the vehicle for your business and not for your personal use. Before you accept the purchase of a car, you must understand the car dealership`s sales contract and extended warranty offer – or enter into your own contract with a private seller. You must inform us immediately if you have sold a vehicle. The quickest and easiest way to tell us that you have sold a vehicle is online. Otherwise, you can retrieve a form from one of our agents and send it to us. When a vehicle is purchased or sold privately, the buyer and seller are legally required to notify Waka Kotahi NZ Transport Agency regardless of the sale and acquisition. You have to do it immediately. This evidence may be the part of the communication received by the customer who acquired a vehicle form (MR13B) issued by an NZTA license officer. The sale of a vehicle “as it is” does not eliminate the seller`s legal requirements under consumer and transportation law.

If you do not let us know that you have sold a vehicle, you could be fined up to $1000 as an individual and $5,000 if you are a business. While a do-it-yourself contract does not offer you additional legal protection, you have documented evidence of the sale. This will be useful if there is a post-purchase problem that you cannot resolve with a seller and you have to take the case to court. This is because you are covered by the Consumer Guarantee Act (CGA) when you buy a car from a dealership. This means that the vehicle must be of acceptable quality and take a reasonable amount of time. Although some dealers say otherwise, there is no set time you have to return a defective car. If there is a problem with the vehicle you did not cause, you have the right to find a remedy from the dealer under the CGA – even if you have not purchased an extended warranty. If you sell an unregistered vehicle, the buyer must re-register the vehicle.

If you sell a vehicle to a car dealership, it can complete some or all of the notification procedures on your behalf. However, you should always confirm that the merchant has completed this process for peace of mind. For any private sale, you can agree on terms between you and the other party. As a seller, you can write your car with a poster in the window with “sold as seen, no given or implied warranty” on it and accept cash in the hand of the first person who wants to buy. The agreement would be oral and legally binding. There are many free versions on the Internet, but we think that the free versions do not go far enough to document the car or legal agreement. The Net Lawman version is not free, but it is much more complete and thus protects both parties much more strongly. You can sell a vehicle without a license, but you are responsible for the outstanding licensing fee up to the date of sale and acquisition. If you are selling a vehicle, it must have a fitness guarantee (WoF) no more than a month before the date you handed the vehicle over to the buyer.

If you sell a vehicle with custom license plates and leave the license plates on the vehicle, you must transfer the right to the license plates to the new owner of the vehicle. It`s something else than telling the NZTA. Vehicle sales contract with private seller Model [DOCX, 18 KB] The dealer must tell you if road costs are not included in the sale price. It should not come as a surprise to you after the purchase.