Car Purchase Payment Agreement Template for Australia

1. Trade-In Details: Used when the buyer is trading in another vehicle as part of the purchase arrangement

2. Financing Terms: Required when the purchase involves third-party financing or seller financing

3. Insurance Requirements: Included when specific insurance requirements need to be maintained during the payment period

4. Security Interest: Required when the seller maintains a security interest in the vehicle until full payment

5. Condition Report: Optional section detailing the current condition of the vehicle, including any existing damage or issues

6. Maintenance Requirements: Used when specific maintenance conditions must be met during the payment period

7. Early Payment Provisions: Details terms for early payment or contract termination if allowed

1. Schedule 1 - Vehicle Specification: Detailed technical specifications and features of the vehicle

2. Schedule 2 - Payment Schedule: Detailed breakdown of payment amounts, due dates, and payment methods

3. Schedule 3 - Vehicle Condition Report: Comprehensive report of the vehicle's condition at time of sale, including photographs

4. Schedule 4 - Transfer Documents: List of required documents for vehicle transfer and registration

5. Appendix A - Vehicle Service History: Documentation of the vehicle's service and maintenance history

6. Appendix B - Vehicle Insurance Requirements: Specific insurance requirements and minimum coverage details