Is there a purchase contract when buying a car?

[AdrielFitz]

When purchasing a new car, there is a purchase contract, which serves as an effective means to minimize disputes. The purchase contract is a formal sales agreement signed between the buyer and the dealer, serving as a basis to protect the rights and interests of both parties. Here are some key points to pay attention to in the purchase contract: Detailed vehicle information: When signing the car purchase contract, clearly specify essential elements of the car itself, such as the brand, vehicle identification number, engine number, and chassis number (VIN). Clear terms on breach of contract: Particular attention should be paid to clearly defining the liabilities for breach of contract, the methods for resolving disputes, and the jurisdiction of the contract. For example, specify whether the dealer should pay a penalty or allow a refund if they delay the delivery of the vehicle.