Section 1 - Party Identification
ALASKA VEHICLE PURCHASE AGREEMENT
Date of Agreement: [[Date of Agreement]]
SELLER
Name / Dealership Name: [[Seller Full Legal Name or Dealership Name]]
Dealer License Number (if applicable): [[Alaska Dealer License Number - or "N/A - Private Party Sale"]]
Address: [[Seller Street Address]], [[Seller City]], Alaska [[Seller ZIP Code]]
Phone: [[Seller Phone Number]]
Email: [[Seller Email Address]]
BUYER
Name: [[Buyer Full Legal Name]]
Address: [[Buyer Street Address]], [[Buyer City]], Alaska [[Buyer ZIP Code]]
Phone: [[Buyer Phone Number]]
Email: [[Buyer Email Address]]
Driver's License Number / State: [[Buyer Driver's License Number]] / [[Issuing State]]
Section 2 - Vehicle Description
| Field | Details |
|---|
| Year | [[Vehicle Year]] |
| Make | [[Vehicle Make]] |
| Model | [[Vehicle Model]] |
| Trim / Body Style | [[Vehicle Trim and Body Style]] |
| Exterior Color | [[Vehicle Exterior Color]] |
| Interior Color | [[Vehicle Interior Color]] |
| VIN (17 Characters) | [[Vehicle Identification Number]] |
| License Plate (if transferring) | [[Current License Plate Number - or "N/A"]] |
| Current Odometer Reading | [[Current Odometer Reading]] miles |
| Title Number | [[Existing Title Number]] |
| Title-Issuing State | [[Title-Issuing State]] |
Section 3 - Itemized Purchase Price
| Item | Amount |
|---|
| Cash Sale Price (before adjustments) | $[[Cash Sale Price]] |
| Trade-In Vehicle Allowance (credit) | - $[[Trade-In Allowance - or "0.00"]] |
| Trade-In Payoff Amount (if financed trade-in) | + $[[Trade-In Payoff Amount - or "0.00"]] |
| Dealer Documentation / Preparation Fee | $[[Dealer Doc Fee Amount - or "N/A"]] |
| Dealer Accessories / Add-Ons | $[[Accessories and Add-Ons Total - or "0.00"]] |
| Extended Warranty / Service Contract | $[[Extended Warranty Amount - or "0.00"]] |
| Other Fees / Charges | $[[Other Fees Description and Amount - or "0.00"]] |
| Subtotal (before tax and government fees) | $[[Subtotal Before Tax]] |
| Alaska State Motor Vehicle Sales / Use Tax | $[[State Tax Amount - or "0.00 (Alaska has no statewide tax)"]] |
| Local Sales Tax (Municipality / Borough) | $[[Local Sales Tax Amount - or "0.00"]] |
| Alaska Title / Lien Fee | $[[Title Fee]] |
| Registration / Tag Fee | $[[Registration and Tag Fee]] |
| Other Government Fees | $[[Other Government Fees - or "0.00"]] |
| Total Amount Due | $[[Total Amount Due]] |
| Less: Deposit / Down Payment Paid | - $[[Deposit and Down Payment Amount - or "0.00"]] |
| Balance Due at Signing / Delivery | $[[Balance Due at Signing]] |
> Note on Taxes in Alaska: Alaska does not impose a statewide sales or use tax on motor vehicles. However, some cities and boroughs (e.g., Anchorage, Fairbanks North Star Borough) may impose local sales taxes. The buyer is responsible for any applicable local taxes at registration. Confirm current rates with the Alaska DMV or local tax authority.
> Note on Dealer Fees: Alaska does not set a statutory maximum on documentation or preparation fees. Fees must be clearly disclosed and may be subject to Alaska's Unfair Trade Practices and Consumer Protection Act (AS 45.50.471 et seq.).
Section 4 - Financing and Truth-in-Lending Disclosures (If Applicable)
If this transaction is financed by the Seller or a third-party lender arranged through the Seller:
- Annual Percentage Rate (APR): [[APR - e.g. 7.99%]]
- Finance Charge: $[[Finance Charge Amount]]
- Amount Financed: $[[Amount Financed]]
- Total of Payments: $[[Total of Payments]]
- Number of Payments: [[Number of Monthly Payments]]
- Monthly Payment Amount: $[[Monthly Payment Amount]]
- Payment Schedule: Beginning [[First Payment Date]], due on the [[Payment Due Day]] of each month for [[Loan Term in Months]] months.
- Prepayment: [[Prepayment Penalty Terms - or "No prepayment penalty"]]
- Security Interest: The vehicle described secures the obligation.
- Late Charge: [[Late Charge Terms]]
The disclosures above are made in accordance with the federal Truth in Lending Act and Regulation Z. The creditor is [[Lender or Seller Name]].
Section 5 - Odometer Disclosure Statement
I, [[Seller Full Legal Name]], state that the odometer reading on the vehicle described above is [[Current Odometer Reading]] miles and to the best of my knowledge it reflects the actual mileage of the vehicle, unless one of the following is checked:
- [ ] The odometer reading exceeds the mechanical limits of the odometer.
- [ ] The odometer reading is not the actual mileage. WARNING - ODOMETER DISCREPANCY.
Seller certifies under penalty of perjury that the statements made herein are true and correct.
Seller Signature: ___________________________ Date: [[Date of Agreement]]
Printed Name: [[Seller Full Legal Name]]
Section 6 - Warranty and "As-Is" Status
The vehicle is sold:
[[Warranty Status - e.g. "AS-IS WITH NO WARRANTIES, EXPRESS OR IMPLIED, INCLUDING ANY IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, except as may be required by Alaska law or separately stated in writing."]]
If any warranty is provided, it is limited to: [[Warranty Description or "None - sold AS-IS"]]
Buyer acknowledges they have had the opportunity to inspect the vehicle or have it inspected by a mechanic of their choice. Buyer accepts the vehicle in its current condition, subject only to any written warranty provided.
Section 7 - Title, Liens and Encumbrances
Seller warrants that Seller is the lawful owner of the vehicle, has good and marketable title, and the vehicle is free of all liens, security interests, and encumbrances except: [[Liens or Encumbrances - or "None"]].
Seller agrees to deliver a properly executed title, odometer statement, and any required release of lien to Buyer at delivery or within [[Title Delivery Timeline - e.g. "5 business days"]].
Buyer is responsible for all title transfer, registration, and related fees at the Alaska Division of Motor Vehicles.
Section 8 - Delivery and Risk of Loss
Delivery of the vehicle and keys will occur on [[Delivery Date]] at [[Delivery Location]].
Risk of loss passes to Buyer upon delivery and execution of this Agreement. Until delivery, Seller bears risk of loss.
Section 9 - Alaska DMV Transfer Steps and Buyer Responsibilities
Buyer must complete the following steps with the Alaska DMV or authorized agent to transfer title and register the vehicle:
- Complete this signed Purchase Agreement and Odometer Disclosure.
- Obtain a completed and signed title from Seller (with lien release if applicable).
- Complete Alaska DMV Form 811 (Application for Title and Registration) or current equivalent.
- Provide proof of insurance meeting Alaska minimum requirements.
- Pay any applicable local sales tax, title fees, and registration fees.
- Submit documents and fees to an Alaska DMV office or online where permitted within [[DMV Transfer Deadline - e.g. "30 days of purchase"]] to avoid penalties.
- Obtain new registration and license plates as required.
Seller agrees to cooperate with any reasonable requests for additional signatures or information needed for transfer.
Section 10 - Default and Remedies
If Buyer fails to pay the balance due or otherwise defaults, Seller may pursue all remedies available under Alaska law, including retention of any deposit as liquidated damages (where permitted) and recovery of the vehicle or damages.
If Seller fails to deliver clear title, Buyer may rescind and recover all amounts paid plus reasonable costs.
Section 11 - Governing Law and Entire Agreement
This Agreement is governed by the laws of the State of Alaska. Any disputes shall be resolved in the state or federal courts located in Alaska.
This Agreement, together with any attached exhibits or addenda, constitutes the entire agreement between the parties and supersedes all prior negotiations or representations. No modification is binding unless in writing and signed by both parties.
Section 12 - Signatures
SELLER
Signature: ___________________________ Date: [[Date Seller Signs]]
Printed Name: [[Seller Full Legal Name]]
Address: [[Seller Street Address]], [[Seller City]], Alaska [[Seller ZIP Code]]
BUYER
Signature: ___________________________ Date: [[Date Buyer Signs]]
Printed Name: [[Buyer Full Legal Name]]
Address: [[Buyer Street Address]], [[Buyer City]], Alaska [[Buyer ZIP Code]]
CO-BUYER (if applicable)
Signature: ___________________________ Date: [[Date Co-Buyer Signs]]
Printed Name: [[Co-Buyer Full Legal Name]]
Section 13 - Notary Acknowledgment (Optional but Recommended for Private Sales)
State of Alaska
County of [[County or Borough Name]]
On this [[Day]] day of [[Month]], [[Year]], before me personally appeared [[Seller Full Legal Name]] and [[Buyer Full Legal Name]], known to me (or proved to me on the basis of satisfactory evidence) to be the persons whose names are subscribed to the within instrument and acknowledged to me that they executed the same for the purposes therein stated.
Notary Public Signature: ___________________________
Notary Printed Name: [[Notary Full Name]]
My Commission Expires: [[Notary Commission Expiration Date]]
Notary Seal / Stamp:
> ⚠️ Template example - not professional (legal/financial/medical) advice. This document is a general template for informational purposes only. Vehicle purchase laws, DMV procedures, tax obligations, title requirements, and fees in Alaska are subject to change. Verify all requirements, fees, and forms directly with the Alaska Division of Motor Vehicles (https://dmv.alaska.gov), your local borough or city tax office, and a licensed Alaska attorney before use. Odometer disclosures must comply with federal law. Implied warranty disclaimers must be conspicuous. Consult professionals for high-value, financed, or disputed transactions. Sources referenced as of June 2026: Alaska Statutes Title 28; 49 U.S.C. §§ 32701-32711; 49 C.F.R. Part 580; AS 45.50.471 et seq.; Alaska DMV guidance; FTC Used Car Rule.
Exhibit A - Additional Terms or Inspection Notes (Optional)
[[Additional Terms, Inspection Findings, or Special Conditions - attach pages if needed]]
Exhibit B - Bill of Sale Receipt (Optional Stub)
Received from [[Buyer Full Legal Name]] the sum of $[[Amount Received]] as [[full / partial]] payment for the vehicle described herein on [[Date]].
Seller Initials: ________
Buyer Initials: ________
End of Alaska Vehicle Purchase Agreement.