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All purchases of new cars are governed by
the terms and conditions contained in the
Sales Contract. It is important that you
familarise yourself with the terms and
conditions contained in the Sales Contract.
Signing the contract indicates that you agree
to the terms and conditions. Listed below are
some of the important items that you should
look out for.
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Description of Model (it should contain
a description of the car you are buying). Important details include:
- model name
- engine capacity
- year of manufacture
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Colour (be sure that it indicates the colour you want)
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Accessories & Options (it should list all accessories and options included in the purchase price)
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Price (you should know what you are paying for! Confirm what are the items included). For example, check whether it includes items such as:
- Certificate of Entitlement (COE)
- Road Tax
- Insurance, if any
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Deposit Amount (i.e. what is the deposit payable upon signing?)
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Payment Terms (i.e. when are you expected to make subsequent payments, if any?)
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Delivery Period (i.e when is the car expected to be delivered to you?)
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Warranty/Service Packages (i.e what is the warranty period. Does the purchase price include any service packages?)
*Signing the contract indicates that you agree to the terms and conditions.*
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Disclaimer: This is intended as a guide only. You should satisfy yourself with all
items in the contract(s) pertaining to the sale. The Association will not bear any
responsibility for any loss resulting from the use of this guide.
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Copyright 2003-2010 Motor Traders Association of Singapore.
All rights reserved. |
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