Agreement for the sale of a motorhome
In this agreement (the “Agreement”), the following terms shall have the following meanings:
|WBAM:||We Buy Any MotorCaravan|
Bretby Business Park
Ashby Road (A511)
|Seller:||You, the owner of the motorhome|
|Leisure Asset:||The motorhome for sale|
|Purchase Price:||The agreed sale price|
|Specific Terms:||Subject to the Motorhome being in full working order, good condition with no evidence of damp|
The Agreement is made upon and subject to the Terms and Conditions below.
Terms and Conditions
These are the terms and conditions (“the Terms”) for the purchase of the Seller’s motorhome by Caravan and Motorhome Sales Ltd which trades as We Buy Any MotorCaravan Ltd. Please read these Terms. If you have any questions about these Terms please contact us and we will be happy to answer any questions you have. These Terms apply to the exclusion of any other terms that you seek to impose or incorporate, or which are implied by trade, custom, practice or course of dealing.
Before entering into this Agreement you will receive a valuation of the motorhome (“the Valuation”). This Valuation is provided on a “subject to contract” basis and does not constitute an offer to buy the motorhome. We Buy Any MotorCaravan reserves the right to withdraw the Valuation at any time without legal consequence and with no liability to the Seller.
The price quoted in the Valuation will be in pounds sterling and will be inclusive of VAT. The price quoted in the Valuation is given in good faith and relies on the information given by the Seller. If the information provided is inaccurate, false or misleading, including a lack of MOT certificate, it will result in an inaccurate valuation which cannot be relied upon by the Seller. No liability whatsoever can be accepted by We Buy Any MotorCaravan for an incorrect valuation which was given in good faith.
Inspection and Offer
Prior to completion of this Agreement the motorhome will be inspected by a We Buy Any MotorCaravan representative. The Valuation may be revised where, inter alia, the motorhome does not comply with the information provided during the valuation process, where the condition is such that it has a substantial impact on the value of the motorhome or where other factors not disclosed by the Seller affect the valuation. In addition to the initial inspection, the motorhome may be examined by a qualified mechanic and/or engineer.
The motorhome may either be delivered by the Seller to the place designated by We Buy Any MotorCaravan at the Seller’s expense or We Buy Any MotorCaravan may agree to collect the motorhome from the Seller free of charge. The initial inspection will then take place at We Buy Any MotorCaravan’s premises. Following the initial inspection We Buy Any MotorCaravan will make an offer to the Seller which may be the same as or different to the Valuation (“the Offer”).
Following acceptance of the Offer, the Seller shall provide We Buy Any MotorCaravan with all necessary documentation relating to the motorhome such as finance details, service record, invoices, V5 log book, road tax disc, spare keys, manuals etc.
We Buy Any MotorCaravan will make payment for the motorhome to the Seller, on the date of this Agreement. Transfer are usually instant but in rare instances can take up to two hours. The motorhome will not be taken until funds are cleared.
Title and Risk
Risk in the motorhome will pass to We Buy Any MotorCaravan on delivery to the designated place or on collection of the motorhome from the Seller.
Title to the motorhome will pass to We Buy Any MotorCaravan once the Seller has received payment in full for the motorhome.
Until title has passed to We Buy Any MotorCaravan, We Buy Any MotorCaravan will take all reasonable care of the motorhome and keep it in reasonable condition and will insure the motorhome with a reputable insurer.
The Seller expressly warrants that:
- all of the information supplied during the valuation process is accurate and true;
- the motorhome is not subject to undisclosed finance;
- to the best of his/her knowledge and belief, the motorhome has not been an insurance right-off or involved in any other serious accident or incident that required substantial repairs;
- the mileage reading (where applicable) on the motorhome is true and accurate and that the odometer has not, to the best of his/her knowledge and belief been tampered with;
- there are no undisclosed physical defects with the motorhome that would be likely to decrease the value of the motorhome;
- there are no undisclosed title defects with the motorhome;
- he/she is the legal owner of the motorhome, has the right to transfer the full unencumbered legal title and full ownership of the motorhome to We Buy Any MotorCaravan; and
- no other person or entity has any claim to the motorhome.
Motorhomes Subject to Finance
It is the responsibility of the Seller to disclose to We Buy Any MotorCaravan any existing finance associated with the motorhome.
We will settle the existing finance in lieu of payment or part payment for the motorhome to the Seller. In such circumstances, if the Offer is lower than the settlement figure required to fully settle the outstanding finance, the Seller must pay to We Buy Any MotorCaravan the difference between the settlement figure and the Offer in advance of We Buy Any MotorCaravan settling the outstanding balance on the finance. Failure to do so will give We Buy Any MotorCaravan the right to terminate this Agreement
The Seller remains liable to the finance company in respect of the finance at all times until the credit agreement has been legally terminated. We Buy Any MotorCaravan does not accept any liability with respect to the related finance at any time or for any reason. Subject to receipt of funds from the Seller, We Buy Any MotorCaravan will use its reasonable endeavours to pay off the settlement sum on or before the due date. However, it is the Seller’s responsibility to ensure that We Buy Any MotorCaravan is aware of any such due date and no liability is accepted if payment cannot be made or is not made by the due date.
In circumstances where the motorhome is subject to finance, risk in and title to the motorhome will not pass to We Buy Any MotorCaravan until the outstanding finance has been settled and the Seller’s credit agreement has been validly terminated. Any monies due to the Seller from We Buy Any MotorCaravan in excess of the settlement figure for the finance will be paid to the Seller within 3 days of We Buy Any MotorCaravan receiving confirmation that the Seller’s credit agreement has been settled.
In the event that We Buy Any MotorCaravan discovers a serious defect with the motorhome, We Buy Any MotorCaravan may terminate this Agreement immediately by notice in writing with no further liability to the Seller. In such case, the motorhome will be returned to the Seller and no monies shall be payable by We Buy Any MotorCaravan to the Seller.
In the event of cancellation of this Agreement by either party for any reason the Seller shall also reimburse We Buy Any MotorCaravan for any costs and expenses incurred including collection and delivery costs, valet work and/or repairs which have been undertaken and any other costs and expenses which have been incurred by We Buy Any MotorCaravan in relation to the motorhome.
We Buy Any MotorCaravan, its directors, employees or other agents shall not be liable for direct or indirect inconsequential losses of any kind including loss of profits and other forms of expenses and compensation incurred by the Seller pursuant to this Agreement.
Governing Law and Jurisdiction
The Agreement, incorporating these Terms, and any matter arising from or in connection with it shall be governed by and construed in accordance with English Law and the parties agree to submit to the full jurisdiction of the English courts.