Promissory Note For Car Purchase Template for New Zealand

1. Co-Signer Provision: Include when there is a co-signer guaranteeing the loan

2. Late Payment Fees: Include when specific penalties for late payments are to be imposed

3. Insurance Requirements: Include when specific insurance requirements are mandated for the vehicle

4. Transfer Restrictions: Include when there are restrictions on transferring or selling the vehicle before full payment

5. Dispute Resolution: Include when specific dispute resolution procedures are desired

6. Collection Costs: Include when the borrower is to be responsible for collection costs in case of default

1. Schedule A - Vehicle Details: Detailed description of the vehicle including make, model, year, VIN, registration number, and condition

2. Schedule B - Payment Schedule: Detailed amortization schedule showing payment dates, amounts, and balance after each payment

3. Schedule C - Insurance Requirements: Specific insurance requirements and minimum coverage levels

4. Appendix 1 - Vehicle Inspection Report: Copy of current vehicle inspection report or condition assessment

5. Appendix 2 - Vehicle Registration: Copy of vehicle registration documents