Download Your Car Purchase Deposit Contract Template for Olías del Rey (Word/PDF)

Buying a second-hand car from a private seller or a dealership in Spain involves a certain amount of trust. To secure the vehicle and ensure neither the buyer nor the seller backs out at the last minute, the standard legal tool used is the "Contrato de Arras" (Earnest Money Contract). This document acts as a binding reservation agreement where the buyer pays a small deposit—deducted from the final price—locking the car purchase under agreed penalties if either party defaults.

Instructions on how and where to use this template in Olías del Rey

Unlike bureaucratic administrative forms, a Contrato de Arras is a private agreement between two parties. You do not need to submit this document to any specific local government office, town hall (Ayuntamiento), or Trafico (DGT) office in Olías del Rey at the time of signing. Instead, both the buyer and seller should sign it in person, ideally when the deposit is handed over.

However, if you reside in Olías del Rey (Toledo) and are finalizing the purchase, keep in mind the subsequent steps you will need to take locally:

• Payment of Taxes: Once the final purchase contract is signed, you must pay the "Impuesto sobre Transmisiones Patrimoniales" (ITP) at the competent regional tax office in Castilla-La Mancha.
• DGT Transfer: The actual change of ownership (Cambio de Titularidad) must eventually be registered with the Dirección General de Tráfico (DGT), which can be done online with a digital certificate or through a gestoría in the Toledo area.

CONTRATO DE ARRAS PENITENCIALES / EARNEST MONEY CONTRACT

En Olías del Rey (Toledo), a [Día] de [Mes] de [Año]

REUNIDOS / PARTIES

DE UNA PARTE (EL VENDEDOR / THE SELLER): Don/Doña [Nombre Apellidos], con DNI/NIE [Número], y domicilio a efectos de notificaciones en [Dirección], Olías del Rey (Toledo).

DE OTRA PARTE (EL COMPRADOR / THE BUYER): Don/Doña [Nombre Apellidos], con DNI/NIE [Número], y domicilio a efectos de notificaciones en [Dirección].

Ambas partes se reconocen mutua y recíprocamente la capacidad legal necesaria para el otorgamiento del presente contrato privado de arras penitenciales.

Both parties mutually recognize each other's legal capacity to grant this private earnest money contract.

EXPONEN / STATEMENTS

I. Que el Vendedor es propietario del siguiente vehículo: / That the Seller is the owner of the following vehicle:

• Marca / Brand: [Ej. Ford]
• Modelo / Model: [Ej. Focus]
• Matrícula / License Plate: [0000-XXX]
• Bastidor / VIN: [Número de bastidor]

II. Que estando interesado el Comprador en la adquisición del citado vehículo, ambas partes han convenido celebrar un Contrato de Arras Penitenciales de conformidad con las siguientes:

That the Buyer being interested in acquiring the aforementioned vehicle, both parties have agreed to enter into a Penitential Earnest Money Contract in accordance with the following:

CLÁUSULAS / CLAUSES

PRIMERA (Objeto y Precio): El Vendedor se compromete a vender y el Comprador a comprar el vehículo anteriormente descritos por el precio total y convenido de [Importe en número] euros ([Importe en letra] EUR).

FIRST (Object and Price): The Seller agrees to sell and the Buyer to buy the vehicle described above for the total agreed price of [Amount] euros.

SEGUNDA (Señal / Arras): En este acto, el Comprador entrega al Vendedor la cantidad de [Importe de la señal] euros ([Letra] EUR) en concepto de señal o arras, sirviendo el presente documento como eficaz carta de pago de dicha cantidad. Dicha suma será descontada del precio final del vehículo en el momento de la firma del contrato definitivo de compraventa.

SECOND (Deposit): In this act, the Buyer delivers to the Seller the amount of [Deposit amount] euros as a deposit, this document serving as an effective payment receipt. This sum will be deducted from the final price at the signing of the final sale contract.

TERCERA (Plazo): La escritura o contrato privado de compraventa definitivo, así como la entrega material del vehículo y la firma de la transferencia, se realizarán antes del día [Fecha límite] de [Mes] de [Año].

THIRD (Term): The final purchase agreement, physical delivery of the vehicle, and transfer signing shall take place before [Deadline Date].

CUARTA (Penalización / Penalties): El presente contrato se otorga con el carácter de penitencial, de conformidad con el artículo 1454 del Código Civil español:

FOURTH (Penalties): This contract is granted with a penitential character, pursuant to Article 1454 of the Spanish Civil Code:

• Si el Comprador desistiere del contrato, perderá la cantidad entregada en concepto de arras. / If the Buyer withdraws, they will lose the deposit.
• Si el Vendedor desistiere, estará obligado a devolver el doble de la cantidad recibida. / If the Seller withdraws, they must return double the amount received.

Y en prueba de conformidad, firman las partes el presente documento por duplicado y a un solo efecto en el lugar y fecha al principio indicados.

And in proof of conformity, the parties sign this document in duplicate in Olías del Rey on the date indicated above.

EL VENDEDOR / THE SELLER              EL COMPRADOR / THE BUYER

Fdo: _________________________              Fdo: _________________________

Additional documentation required

When you proceed from signing this deposit contract to completing the actual vehicle transaction in Olías del Rey, ensure you request and review the following documentation from the seller to avoid legal scams or hidden vehicle issues:

• Permiso de Circulación: The vehicle's registration certificate.
• Tarjeta de Inspección Técnica (ITV): Must be up to date, including the sheet showing the latest inspection passed ("Ficha técnica").
• Informe del Vehículo de la DGT: A vehicle report ("Informe Reducido o Completo") confirming there are no outstanding embargoes, fines, or outstanding finance charges (cargas) on the car.
• DNI / NIE / Passport: Valid identification copies of both the buyer and the seller.
• Proof of payment of the local "Impuesto de Vehículos de Tracción Mecánica" (IVTM): The municipal road tax corresponding to the previous year for Olías del Rey.

Expert Tip: Never hand over cash for high amounts without a signed receipt or this exact contract clause. Whenever possible, make the deposit transfer via bank wire (transferencia bancaria immediate) indicating in the concepts "Arras compra coche matrícula XXXX" to maintain clear, traceable financial proof recognized by Spanish courts and authorities.