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The Loan Vehicle Sale Agreement is a crucial document used in Australian vehicle sales transactions where financing is required for the purchase. This agreement serves as both a sale contract and a financing document, establishing the terms under which a vehicle is sold and financed. It is designed to comply with Australian consumer protection laws, the National Consumer Credit Protection Act 2009, and relevant state-specific vehicle trading legislation. The document is typically used by automotive dealers, finance companies, and private sellers when selling vehicles with financing arrangements. It includes essential information about the vehicle, sale price, loan terms, interest rates, repayment schedules, security interests, and the rights and obligations of all parties. The agreement also addresses registration requirements, insurance obligations, and warranty terms, providing a comprehensive framework for the entire transaction.

1. Parties: Identifies and provides full details of all parties to the agreement, including the seller, purchaser, and finance provider

2. Background: Sets out the context of the agreement, including the seller's ownership of the vehicle and the purchaser's desire to acquire it with financing

3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes rules for interpretation

4. Sale Terms: Details the basic terms of the vehicle sale, including price, condition, and transfer of ownership

5. Loan Terms: Specifies the financing arrangements, including loan amount, interest rate, repayment schedule, and term

6. Vehicle Details and Warranties: Comprehensive description of the vehicle and any warranties or guarantees provided

7. Security Interest: Establishes the security interest in the vehicle and PPSR registration requirements

8. Payment Terms: Details payment obligations, methods, and consequences of default

9. Delivery and Transfer: Specifies arrangements for vehicle delivery and transfer of registration

10. Insurance Requirements: Outlines mandatory insurance requirements and responsibilities

11. Default and Enforcement: Defines events of default and enforcement rights

12. Termination: Sets out circumstances and process for agreement termination

13. General Provisions: Standard legal provisions including notices, governing law, and dispute resolution