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The Car Loan Contract serves as the primary legal instrument for financing vehicle purchases in Austria, typically used when an individual seeks to acquire a vehicle through borrowed funds from a financial institution. This document is essential for establishing the legal framework of the lending relationship, incorporating crucial elements such as loan terms, interest rates, repayment schedules, and security interests in compliance with Austrian banking regulations and consumer protection laws. The contract must adhere to the Austrian Consumer Credit Act (VKrG), Banking Act (BWG), and relevant EU directives, while also addressing practical aspects such as vehicle registration, insurance requirements, and ownership transfer procedures. It's designed to protect both the lender's security interest and the borrower's consumer rights under Austrian law.

1. Parties: Identification of the lender (financial institution) and borrower, including full legal names, addresses, and registration details where applicable

2. Background: Brief context of the loan agreement, including the purpose of the loan for vehicle purchase

3. Definitions: Key terms used throughout the agreement, including 'Vehicle', 'Loan Amount', 'Interest Rate', 'Payment Terms', etc.

4. Loan Details: Specific details of the loan including principal amount, interest rate, term, and total amount payable

5. Vehicle Information: Detailed description of the vehicle being financed, including make, model, year, VIN, and registration number

6. Payment Terms: Schedule of payments, payment methods, due dates, and consequences of late payments

7. Interest Calculation: Method of interest calculation, whether fixed or variable, and terms for interest rate changes

8. Security and Ownership: Details of vehicle ownership, registration of security interest, and liens

9. Insurance Requirements: Mandatory insurance coverage requirements and procedures for insurance claims

10. Borrower's Representations: Warranties and representations made by the borrower regarding their ability to repay and other key declarations

11. Events of Default: Circumstances constituting default and consequences thereof

12. Termination: Conditions and procedures for early termination or early repayment

13. Governing Law: Specification of Austrian law as governing law and jurisdiction

14. Execution: Signature blocks and execution requirements