How to Secure Your Car Purchase in Arges: Downloadable Deposit Contract Template
When buying a vehicle in Spain, particularly in a town like Arges, trust is essential, but documentation is vital. A Contrato de Arras (Deposit Contract) is a private agreement between a buyer and a seller that secures the purchase of a car. By paying a small deposit, you legally reserve the vehicle, ensuring the seller cannot sell it to someone else while you finalize the remaining paperwork or secure financing. If the seller backs out, they are legally required to return double the deposit amount; if you back out, you forfeit your deposit.
Instructions on How to Use and Formalize This Contract in Arges
This contract is a private agreement (documento privado), meaning it does not need to be signed before a Notary to be legally binding between the two parties. To execute this in Arges:
- Print two copies of the document (one for the buyer, one for the seller).
- Ensure both the buyer and the seller sign every page of the document.
- Photocopy the DNI or NIE of both parties and attach them to the contract.
- If you are transferring the deposit via bank transfer, include the transaction receipt as proof of the "arras."
- While you do not need to submit this to the local Arges Town Hall (Ayuntamiento), keep it in a safe place until the final transferencia (change of ownership) is completed at the DGT (Dirección General de Tráfico).
CONTRATO DE ARRAS PARA LA COMPRAVENTA DE VEHÍCULO / VEHICLE PURCHASE DEPOSIT CONTRACT
En Arges, a [Date] de [Month] de 202X.
REUNIDOS / THE PARTIES:
De una parte, D./Dña. [Seller Name], con DNI/NIE [Number], en adelante "EL VENDEDOR" (THE SELLER).
De otra parte, D./Dña. [Buyer Name], con DNI/NIE [Number], en adelante "EL COMPRADOR" (THE BUYER).
EXPONEN / DECLARE:
Que el VENDEDOR es propietario del vehículo [Brand/Model], con matrícula [License Plate] y número de bastidor [VIN].
Que ambas partes acuerdan la compraventa del vehículo por un precio total de [Amount] €.
CLÁUSULAS / CLAUSES:
1. El COMPRADOR entrega en este acto la cantidad de [Deposit Amount] € en concepto de ARRAS (deposit) para reservar el vehículo. / THE BUYER pays [Amount] € as a deposit to reserve the vehicle.
2. El resto del precio [Remaining Amount] € se abonará en el momento de la firma del contrato definitivo y entrega del vehículo, que tendrá lugar antes del día [Deadline Date]. / The remaining balance shall be paid upon final signing and vehicle handover, no later than [Date].
3. Si el COMPRADOR desiste de la compra, perderá la cantidad entregada. Si el VENDEDOR desiste, deberá devolver el doble de la cantidad recibida. / If the BUYER withdraws, the deposit is forfeited. If the SELLER withdraws, they must return double the deposit amount.
Firma Vendedor / Seller Signature: ____________________
Firma Comprador / Buyer Signature: ____________________
Additional Documentation Required
Once you have signed the deposit contract, you must ensure the following documentation is prepared for the final transfer of the vehicle in Spain:
- Permiso de Circulación: The current vehicle registration document.
- Ficha Técnica: The technical inspection card (ITV) showing the vehicle is roadworthy.
- Receipt of IVTM: Proof that the local municipal circulation tax (Impuesto de Vehículos de Tracción Mecánica) for the previous year has been paid in Arges.
- DNI/NIE: Original and copies of both buyer and seller.
- Contract of Sale (Contrato de Compraventa): A formal sale contract to be presented to the DGT.
Expert Tip: Before finalizing the purchase, always request a "Informe de Vehículo" from the DGT website. This report costs a small fee but will reveal if the car has any outstanding liens, seizures, or unpaid fines (cargas) attached to it. Never hand over the final payment until you have confirmed the vehicle is "free of charges" (libre de cargas). If you are buying from a private individual, ensure the car has a valid ITV, as this is the most common point of friction in Spanish vehicle transactions.