You can open the Car Loan Agreement Template in multiple formats, including PDF, Word, and Google Docs.
Car Loan Agreement Template Printable | Editable FormSample
[Name of the Lender]
[Lender’s ID]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
[Name of the Borrower]
[Borrower’s ID]
[Borrower’s Address]
This document formalizes the car loan agreement entered into on [Agreement Date], whereby the Lender agrees to finance the purchase of a vehicle by the Borrower.
The Lender agrees to provide the Borrower a loan in the amount of [Loan Amount] for the purpose of purchasing a vehicle.
The loan is specifically for the following vehicle: [Make, Model, Year, VIN].
The loan shall bear an interest rate of [Interest Rate]% per annum, calculated on the remaining balance.
The Borrower agrees to repay the loan in [Number of Installments] equal installments of [Installment Amount] due on the [Payment Due Date] of each month.
The Borrower may prepay the loan in full or in part without any penalty, but must notify the Lender [Specify Time Frame] prior to such prepayment.
In the event of a default on payments, the Lender reserves the right to charge a late fee of [Late Fee Amount] and may initiate repossession of the vehicle.
This agreement will be governed by the laws of [Jurisdiction].
[Signature of the Lender]
[Name of the Lender]
[Signature of the Borrower]
[Name of the Borrower]
[Name of the Lender]
[Lender’s ID]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
[Name of the Borrower]
[Borrower’s ID]
[Borrower’s Address]
This Car Loan Agreement outlines the terms and conditions under which the Lender agrees to provide a loan to the Borrower for the purchase of a vehicle commencing on [Agreement Date].
The Borrower acknowledges that the loan will be used solely for the acquisition of a vehicle described as: [Make, Model, Year, VIN].
The total loan amount is [Loan Amount] with an interest rate of [Interest Rate]%, payable in [Number of Installments] installments as detailed below.
The Borrower will repay the loan in payments of [Installment Amount] due monthly on [Payment Due Date]. Each payment will include principal and interest as agreed.
The Lender shall retain a security interest in the vehicle until the loan is paid in full. The Borrower may not sell or transfer the vehicle without the Lender’s consent.
Should the Borrower default on payments, the Lender may demand immediate repayment and initiate repossession procedures in accordance with local laws.
The Borrower must maintain insurance on the vehicle for its full value throughout the term of this agreement, naming the Lender as an additional insured.
Any amendments to this agreement must be made in writing and signed by both parties.
[Signature of the Lender]
[Name of the Lender]
[Signature of the Borrower]
[Name of the Borrower]
Form
Please complete the form below to create the Car Loan Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step. Car Loan Agreement Template 1. Borrower Information 2. Lender Information 3. Vehicle Information 4. Loan Details 5. Payment Schedule 6. Insurance Requirements 7. Default Terms 8. Governing Law 9. Signatures and Acceptance 10. Declaration and Signatures
PDF
WORD
Car Loan Agreement Template Printable | Editable FormPrintable
