according to capital one, reference, and motorologist, the contract that contains the agreed-upon terms of the sale is also called a buyer’s order. you will also be asked to review and sign the title, bill of sale, and other documents depending on the specific terms of your deal. it also includes information about both you as the buyer and the dealer from which you are purchasing the car. capital one notes that you do not commit to buying the vehicle until you sign the buyer’s order. edmunds has compiled a list of other documents you will receive from the car dealership when purchasing a new or preowned vehicle.

you might want to settle the deal with a mere handshake, but it does not guarantee that you will stay safe if an issue arises, especially if you’re selling your car to a stranger. a car sale contract usually includes information about yourself as the seller, the buyer, and your car. a vehicle sale contract consists of the following parts: often, selling your used car to a buyer is more economical than trading in your car to a car dealership.