CAR DEALER POWER OF ATTORNEY
This Power of Attorney is made on this day [DATE], by [YOUR NAME], residing at [YOUR ADDRESS], hereby appoint [CAR DEALER'S NAME], located at [CAR DEALER'S ADDRESS], as my attorney-in-fact ("Agent") to act on my behalf in all matters related to automotive transactions, including but not limited to the buying, selling, trading, and financing of vehicles.
_____________________________________________________________________________________
AUTHORIZATION
Representation: I authorize [Car Dealer's Name] to represent me and act on my behalf in all negotiations, agreements, contracts, and transactions related to the purchase, sale, trade-in, financing, leasing, registration, and titling of vehicles.
Signing Authority: My Agent is authorized to sign all documents necessary to complete automotive transactions, including but not limited to purchase agreements, sales contracts, loan documents, title transfer forms, and registration applications. This includes electronic signatures and digital transactions where applicable.
Financing: My Agent is authorized to apply for and obtain financing or lease agreements on my behalf, including submitting credit applications, negotiating terms, and signing financing contracts. They may also arrange for the payoff of existing loans or liens on vehicles being sold or traded.
Title and Registration: My Agent is authorized to handle all matters related to vehicle title and registration, including transferring titles, obtaining temporary tags, and registering vehicles in my name. They may also handle emissions testing, inspections, and compliance with state or local regulations.
Insurance: My Agent is authorized to obtain insurance coverage for vehicles purchased on my behalf, including obtaining insurance quotes, selecting coverage options, and binding insurance policies. They may also handle claims, renewals, and adjustments to insurance coverage as necessary.
Trade-Ins and Disposal: My Agent is authorized to trade in or dispose of vehicles owned by me, including negotiating trade-in values, signing trade-in agreements, and transferring ownership of traded vehicles. They may also handle the sale of vehicles through consignment or auction.
DURATION
This Car Dealer Power of Attorney shall remain in full force and effect until [Specify Duration or Condition], after which it shall automatically terminate. If no duration is specified, this Power of Attorney shall remain in effect indefinitely until revoked in writing.
REVOCATION
I reserve the right to revoke this Car Dealer Power of Attorney at any time by providing written notice to [AGENT'S NAME]. Additionally, this Power of Attorney shall automatically terminate upon the completion of the specific automotive transaction for which it was granted.
_____________________________________________________________________________________
SIGNATORIES
Acknowledgment
This Power of Attorney shall be effective immediately upon my signature and shall remain valid until my explicit and written revocation.
[YOUR NAME]
[DATE SIGNED]
Acceptance of Agent
I, [AGENT'S NAME], acknowledge that I have read and understood the terms and responsibilities outlined in this Power of Attorney document. I accept the appointment as Agent and agree to act by the instructions and limitations provided herein.
[AGENT'S NAME]
[DATE SIGNED]
_____________________________________________________________________________________
WITNESS ACKNOWLEDGEMENT
We, the undersigned witnesses, hereby acknowledge that the above-named Principal has signed this Power of Attorney in our presence on the date stated above.
Witness 1:
[WITNESS 1 FULLNAME]
[DATE SIGNED]
Witness 2:
[WITNESS 2 FULLNAME]
[DATE SIGNED]
_____________________________________________________________________________________
NOTARY ACKNOWLEDGEMENT
On this day of in the year , before me, a Notary Public in and for said County and State, personally appeared [YOUR NAME], known to me to be the person whose name is subscribed to the preceding instrument, and acknowledged that they executed the same for the purposes therein contained.
Witness my hand and official seal.
[NOTARY PUBLIC'S NAME]
My Commission Expires:
_____________________________________________________________________________________
Power of Attorney Templates @ Template.net
