Legal & Documents

The agreement between you and Bysmillah. It defines Bysmillah as a facilitator only — not a lender, dealer, broker, payment processor, or guarantor — and sets out eligibility, user obligations, seller transaction limits, and liability.

What Bysmillah claims religiously, what it does not claim, and the basis for the structure. Covers why this is a sale and not a loan, and the specific practices adopted on late payment, early settlement, rescheduling, and repossession.

Written for the buyer in plain language: what you are buying, what you will pay, what you are responsible for, and exactly what happens if you cannot pay. Includes a checklist to work through before signing.

The seller's promises: that they own the vehicle and hold clear title, that the condition has been described honestly, that they stay under the sale limit that would require a dealer licence, and that they handle their own tax.

The numbers, itemised: the seller's cost, the disclosed markup, the total price, the down payment, and the payment schedule — shown before the sale agreement is signed.

A record of the vehicle's actual condition at the moment of sale: known defects, odometer reading, smog status, and open safety recalls. The vehicle is sold as-is by a private party.

The core contract. It sets the fixed total sale price, the installment schedule, transfer of title on day one, the seller's lien, and what each side may do on default. The price cannot increase for any reason, including delay.

Grants the seller a security interest in the vehicle and sets out how it is recorded with the California DMV. This is what makes the seller's lien real rather than theoretical.

Evidences that ownership actually transferred from the seller to the buyer at the moment of sale — the point that makes this a genuine sale rather than a loan.

The buyer's undertaking that any late charge is paid to a named charity and never kept by the seller. This is what keeps a late charge from becoming interest on a delay.

Protects the buyer if the seller disappears, dies, or refuses to release the lien once the vehicle is fully paid for — a pre-signed release is held by an independent third party.

The written notice a seller must send before taking any recovery action, giving the buyer a defined period to catch up, plus the accounting notice required after any repossession. Used only if something goes wrong.