an official contract is involved in the overwhelming majority of car sales and functions as an agreement between you and a dealer in which you promise to pay the cost of the vehicle in installments over time in addition to interest, according to ford. ford also explains that to fully understand the contract, you need to recognize all of its components. the contract will also list the vehicle identification number or vin. this is the unique number assigned to every vehicle that can typically be found on the driver-side dashboard nearest the windshield. in this area are five boxes that detail the most important components of your purchase. specifically, the contract should describe exactly what services are covered by any applied warranties and for how long the warranty is applicable in terms of both mileage and time.

a vehicle sale agreement is a document that can be used to lay out the details of the sale of a vehicle from a seller to a buyer. this document can be used to sell a four-wheeled vehicle such as a car or van, a motorcycle, or a boat. having a well-written vehicle sale agreement can help protect one or both of the parties in case there is a problem with the sale. you can use this document if you are a seller who is selling a vehicle or a buyer looking to purchase a vehicle from a seller.