3 Price and manner of payment
3.1 The price payable by the Buyer to the Seller for the Motor Vehicle is the sum of (insert purchase price) which amount will be paid as a once-off transaction (excluding the application of the
Consumer Protection Act 68 of 2008) on or before (enter date of payment).
3.2 The Seller and the Buyer agree that the amount shall be paid by (indicate payment options, for example, electronic fund transfer/direct deposit/cash).
4 Place where Motor Vehicle is to be kept
4.1 The Buyer shall inform the Seller in writing of the address at which the Motor Vehicle is to be kept and shall not, while any portion of the purchase price remains unpaid, remove the Motor Vehicle from the said premises without the written consent of the Seller, which consent shall not be
unreasonably withheld.
5 Risk
5.1 The risk in the Motor Vehicle shall forthwith pass to the Buyer who shall remain liable to pay the full balance of the purchase price despite any damage to or depreciation, loss or destruction of the Motor Vehicle from whatsoever cause arising.
5.2 The Buyer shall bear the costs of registration, transfer and traffic fines of the Motor Vehicle as from date of this agreement.
6 Restriction of Buyer's rights
6.1 The Buyer shall not sell, cede, assign, transfer or pledge the Motor Vehicle or allow it to become
subject to any lien of whatsoever nature or deliver possession thereof to any other person while any portion of the purchase price remains unpaid.
7 Voetstoots clause
7.1 The Motor Vehicle is sold voetstoots.
7.2 The Seller shall not be responsible for any defects, latent or patent, or any damage resulting therefrom and the Buyer hereby agrees to accept the Motor Vehicle as it stands with all faults.
7.3 The Seller must inform the Buyer of all defects, of which s/he is aware, before conclusion of the agreement.
8 No warranties and representations
8.1 The Buyer hereby agrees that no warranties or representations have been given or made as to the
state, condition or fitness of the Motor Vehicle which s/he takes with all faults and agrees to accept all risks of whatsoever nature.
9 Inspection
9.1 The Buyer hereby acknowledges that the Motor Vehicle is second hand, that s/he has inspected it, has satisfied him/herself that it is in good order and condition and is aware of all defects.
10 Roadworthy certificate
10.1 The Seller shall take the necessary steps to render the Motor Vehicle fit for a roadworthy certificate and shall deliver such certificate to the Buyer prior to delivery of the Motor Vehicle.
11 Registration
11.1 The Seller shall, upon receiving the full purchase price, sign such forms and deliver to the Buyer such documents as may be necessary to enable the Buyer to register the Motor Vehicle in his/her name.