How to Sign a Used Car Contract Safely?
1 Answers
Transferring and buying/selling a used car, even without transferring ownership, and only signing a transfer agreement, such an agreement has legal validity. An agreement is legally synonymous with a contract. As long as the agreement clearly, specifically, and affirmatively stipulates the rights and obligations of both parties to the sales contract, even if the written document is titled "agreement" or "memorandum of agreement," once signed and confirmed by both parties, it is as binding as a contract on both the buyer and the seller. The following points should be noted when purchasing a used car: 1. Identify reputable dealers: When buying a car, make sure to choose a reputable dealer so that any issues discovered after purchase can be effectively addressed; also, be cautious about those online used car websites—while they can be trusted, they should not be fully relied upon. 2. Pay attention to the mileage: This point mainly applies to decommissioned commercial vehicles. For such vehicles, it’s not just the mileage that’s an issue, but also the service life. Commercial vehicles are mandatorily scrapped after eight years, so by the time you get one, there may only be a year or two of usable life left. 3. How to choose a car: After considering the channels for buying a car, the next step is to look at how to select a car: First, you can browse online to see if there are any models you like, then compare the prices of vehicles on the website (for reference only); once you’ve made your choice, you can visit a used car market to browse and see if there are any models that catch your eye.
