Payment Plan Agreement For Vehicle Template for New Zealand

1. Trade-in Vehicle: Details of any vehicle being traded in as part of the purchase, used when there is a trade-in component

2. Co-Buyer Provisions: Additional terms when there is more than one buyer, specifying joint and several liability

3. Early Payment Provisions: Terms for early repayment including any fees or calculations, used when early payment is permitted

4. Balloon Payment: Terms for final balloon payment if applicable to the payment structure

5. Guarantor Provisions: Terms applying to any guarantor of the buyer's obligations

6. Cross-Collateralization: Used when the security interest extends to other assets or agreements

1. Schedule 1 - Vehicle Specifications: Detailed description of the vehicle including all features, accessories, and condition report

2. Schedule 2 - Payment Schedule: Detailed breakdown of all payments including amounts, due dates, and payment allocation

3. Schedule 3 - Fee Schedule: List of all applicable fees including establishment fees, maintenance fees, and default fees

4. Schedule 4 - Insurance Requirements: Specific insurance requirements including minimum coverage levels and named parties

5. Appendix A - Disclosure Statement: Required credit contract disclosure statement under CCCFA

6. Appendix B - Vehicle Inspection Report: Independent vehicle inspection report if applicable