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The Selling A Car With Payments Contract is essential for transactions where a vehicle is sold with payment made in installments rather than as a single lump sum. This document, governed by English and Welsh law, provides protection for both the seller and buyer by clearly defining payment terms, ownership rights, and responsibilities. It ensures compliance with the Consumer Credit Act 1974, Sale of Goods Act 1979, and other relevant legislation. The contract is particularly important for private sellers, dealerships, and financial institutions offering vehicle financing, as it helps prevent disputes and provides clear remedies in case of default.

1. Parties: Details of the seller and buyer including full names, addresses, and contact information

2. Background: Context of the sale and basic transaction information

3. Definitions: Key terms used throughout the agreement including 'Vehicle', 'Purchase Price', 'Payment Schedule'

4. Vehicle Description: Detailed description of the vehicle including make, model, year, registration number, VIN, mileage, and current condition

5. Purchase Price and Payment Terms: Total purchase price, deposit amount, payment schedule, interest rates if applicable, and payment methods

6. Transfer of Title: Conditions for transfer of ownership and timing of title transfer relative to payments

7. Seller's Representations: Warranties about vehicle condition, ownership, and disclosure of known defects

8. Default Provisions: Consequences of payment default, including repossession rights and remedies

9. Governing Law: Specification that the agreement is governed by the laws of England and Wales