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1. Parties: Identification of all parties: Buyer, Seller/Dealer, and Lender
2. Background: Context of the transaction and relationship between the parties
3. Definitions: Definitions of key terms used throughout the agreement
4. Vehicle Description: Detailed description of the vehicle including make, model, year, VIN, and condition
5. Purchase Price and Payment Terms: Total purchase price, down payment, and payment structure
6. Loan Terms: Principal amount, interest rate, term length, payment schedule, and total cost of borrowing
7. Security Interest: Details of the lender's security interest in the vehicle
8. Insurance Requirements: Mandatory insurance coverage requirements and terms
9. Representations and Warranties: Statements of fact and guarantees by all parties
10. Default and Remedies: Circumstances constituting default and available remedies
11. Maintenance and Use: Requirements for vehicle maintenance and permitted uses
12. Title and Registration: Terms regarding vehicle title and registration requirements
13. General Provisions: Standard contract clauses including governing law, notices, and amendments
1. Trade-in Vehicle: Details of any trade-in vehicle and its valuation - used when there is a trade-in as part of the purchase
2. Co-Signer Provisions: Terms applicable to any co-signer on the loan - included when there is a co-signer
3. Extended Warranty: Terms of any extended warranty or service contract - included when additional warranty is purchased
4. Early Payment Provisions: Terms for early loan payoff and any applicable penalties - included when early payment options are offered
5. International Use: Terms for using the vehicle outside Canada - included when international travel is anticipated
6. Business Use: Special terms for business use of the vehicle - included when vehicle will be used for business purposes
7. Assignment: Terms allowing assignment of the agreement - included when assignment rights are granted
1. Schedule A - Vehicle Condition Report: Detailed inspection report of the vehicle's condition at time of sale
2. Schedule B - Payment Schedule: Detailed amortization schedule showing all payments, interest, and principal
3. Schedule C - Insurance Requirements: Specific insurance coverage requirements and minimum limits
4. Schedule D - Warranty Details: Detailed warranty terms and coverage
5. Appendix 1 - Cost of Credit Disclosure: Mandatory disclosure of all credit costs as required by provincial law
6. Appendix 2 - Vehicle History Report: Complete vehicle history report from authorized provider
7. Appendix 3 - Trade-in Valuation: Documentation of trade-in vehicle value and condition assessment
Automotive
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Insurance
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Finance
Sales
Compliance
Risk Management
Credit Operations
Customer Service
Collections
Documentation
Business Development
Contract Administration
Finance Manager
Sales Manager
Loan Officer
Credit Analyst
Compliance Officer
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Auto Finance Specialist
Dealership Manager
Financial Services Representative
Contract Administrator
Risk Manager
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Customer Service Representative
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