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Thread: Racing car bill of sale ?

  1. #1
    Join Date
    Jun 2002
    Location
    Marietta GA
    Posts
    251

    Default Racing car bill of sale ?

    Anyone have one ?
    The only one i found has these as the terms:
    "In connection with the described vehicle, seller expressly disclaims all warranties, either express or implied, including, but not limited to, any implied warranty of merchantability or fitness for a particular purpose.

    Seller neither assumes nor authorizes any other person to assume for seller any liability in connection with the sale of the described vehicle.
    "
    and i dont see taht working for a racing car

    Anyone have one tehy could post or email to me ?

    Thanks
    ~Jonathan


  2. #2
    Join Date
    Jul 2001
    Location
    Memphis, TN, USA
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    688

    Default

    If I were selling, I'd want those provisions; if I were buying, I'd expect them. What's the problem?

  3. #3
    Join Date
    Jun 2002
    Location
    Marietta GA
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    I agree.. But I am looking for a form/outline that is bulletproof that someone else may have written

  4. #4
    Join Date
    Jan 2001
    Location
    Buffalo, New York
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    2,942

    Default

    CAVEAT EMPTOR MOTORS BILL OF SALE

    For the sum of $______________(Seller) hereby sells to (Buyer)one (1)_____________, as is, where is.

  5. #5
    Join Date
    Sep 2002
    Posts
    74

    Default

    As long as there are lawyers nothing will be bullit proof.

    No contract is legally binding and you can't sign your rights away.

    Get cash for the car, move, change your name and phone numbers, then deny all knowledge of ever owning the car.

    Jamie

  6. #6
    Join Date
    May 2001
    Location
    Milwaukee, WI,usa
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    149

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    Some years ago I sold a racecar to a fellow that I knew was going to race the car. The Bill of Sale was about the same as the one you quote. I added to it language that he and his spouse both know the risks of racing and assume the risk and wave any claims that might arise while racing the car. I had him and his wife sign. In Wisconsin liability can be wavied, but the husband and wife can have separate claims.
    Yea I are a lawyer.

  7. #7
    Join Date
    May 2001
    Location
    Milwaukee, WI,usa
    Posts
    149

    Default

    Some years ago I sold a racecar to a fellow that I knew was going to race the car. The Bill of Sale was about the same as the one you quote. I added to it language that he and his spouse both know the risks of racing and assume the risk and wave any claims that might arise while racing the car. I had him and his wife sign. In Wisconsin liability can be wavied, but the husband and wife can have separate claims.
    Yea I are a lawyer.

  8. #8
    Join Date
    May 2001
    Location
    Milwaukee, WI,usa
    Posts
    149

    Default

    Some years ago I sold a racecar to a fellow that I knew was going to race the car. The Bill of Sale was about the same as the one you quote. I added to it language that he and his spouse both know the risks of racing and assume the risk and wave any claims that might arise while racing the car. I had him and his wife sign. In Wisconsin liability can be wavied, but the husband and wife can have separate claims.
    Yea I are a lawyer.

  9. #9
    Join Date
    Sep 2002
    Location
    Orlando, FL, USA
    Posts
    2,322

    Default

    I suggest you follow the tone and tenor of our product waiver, which begins about half way down this page:

    http://isaacdirect.com/html/order.html

    ------------------
    Gregg Baker
    Isaac, LLC
    [email protected]

  10. #10
    Join Date
    Jun 2002
    Location
    Marietta GA
    Posts
    251

    Default

    Originally posted by gsbaker:
    I suggest you follow the tone and tenor of our product waiver, which begins about half way down this page:

    http://isaacdirect.com/html/order.html

    WHile i think its quite good.. I just dont think its serious enough! I am basically having a lwayer draw something up to cover my ass until i get get out of the country


  11. #11
    Join Date
    Nov 2003
    Posts
    14

    Default

    Draw up a bill of sale for parts.
    This body is to be used for parts only.
    The purchaser assures all responsability for it`s use...

    You can spend a million dollars to try and draw up a protection contract but there will always be a lawyer and a politician to help break it so someone can sue you. If you sell it for parts only then if it goes to court you stand a better chance of protecting yourself since you sold it for parts only.

  12. #12
    Join Date
    Apr 2002
    Location
    Monroeville, PA USA
    Posts
    541

    Default

    Might I suggest that you use a standard form Bill of Sale that is valid in your state for automobile sales. You can add the things that you want the buyer to agree to and have him/her initial each line before a Notary. This gives reasonable assurance that the deal is as clean as possible.
    I sold my 96 Civic and offered this document so that the buyer would not have any questions raised about the value or condition when he went to title it in his home state.
    Keep in mind that you are selling a car-whether it is setup to race or not it is a car. This assumes it is not a purpose built one. Previously street legal automobiles generally have a Title/true race cars can but generally will not unless the owner chose to obtain one. Thus the history via the Original BIll of Sale becomes very important to define ownership.

    Remember that contract conditions such as that in your questions are valid if the parties mutually agree to them in writing. If you have a 3rd party acting on your behalf that could be a different matter and one a lawyer or Notary might be able to clarify as to your state.


    ------------------
    Grandpa's toys-modded suspensions and a few other tweaks
    '89 CRX Si-SCCA ITA #99
    '99 Prelude=a sweet song
    '03 Dodge Dakota Club Cab V8-Patriot Blue gonna tow

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