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The Car Loan Contract is a fundamental document used in Irish vehicle financing transactions, essential for both financial institutions and consumers seeking to finance vehicle purchases. This agreement is designed to comply with Irish financial regulations, particularly the Consumer Credit Act 1995 and the Central Bank Consumer Protection Code 2012. It details crucial information including loan amount, interest rates, repayment schedules, and security arrangements over the vehicle. The document provides protection for both lender and borrower while ensuring transparency in line with Irish consumer protection requirements. It's particularly relevant for new and used vehicle purchases through financial institutions, banks, or authorized credit providers in Ireland.

1. Parties: Identification of the lender and borrower with full legal names and addresses

2. Background: Context of the loan agreement, including purpose of the loan and reference to the vehicle being financed

3. Definitions: Definitions of key terms used throughout the agreement

4. Loan Details: Specific details of the loan including principal amount, interest rate, APR, and total amount payable

5. Vehicle Details: Comprehensive description of the vehicle including make, model, year, VIN, and registration number

6. Repayment Terms: Payment schedule, method of payment, and payment amounts

7. Interest Calculations: Method of calculating interest and circumstances where interest rate may change

8. Security Arrangements: Details of the security interest in the vehicle and registration of same

9. Insurance Requirements: Mandatory insurance requirements and consequences of non-compliance

10. Borrower's Representations: Borrower's confirmations regarding their capacity to enter the agreement and accuracy of provided information

11. Borrower's Obligations: Ongoing obligations including vehicle maintenance, notifications, and compliance requirements

12. Events of Default: Circumstances constituting default and consequences thereof

13. Lender's Rights: Rights of the lender including right to repossess and sell the vehicle in case of default

14. Early Repayment: Terms and conditions for early repayment of the loan

15. Notices: How formal communications between parties should be made

16. Governing Law: Confirmation of Irish law as governing law and jurisdiction

17. Execution: Signature blocks and execution requirements