The Car Finance Agreement is essential for transactions involving vehicle financing in Germany. It is used when a customer wishes to purchase a vehicle through financial assistance from a bank or finance provider, rather than paying the full purchase price upfront. The agreement must comply with strict German consumer protection laws, including the Verbraucherkreditgesetz and banking regulations. It typically includes detailed information about the vehicle, financing terms, APR calculations as required by German law, payment schedules, ownership conditions, and mandatory insurance requirements. This document is crucial for automotive dealers, finance providers, and consumers, as it protects all parties' interests while ensuring compliance with German financial services regulations and consumer protection laws.
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the finance provider, dealer (if applicable), and the customer/borrower
2. Background: Context of the agreement including the customer's intention to purchase the vehicle and seek financing
3. Definitions: Definitions of key terms used throughout the agreement
4. Vehicle Details: Comprehensive description of the financed vehicle including make, model, VIN, and condition
5. Financial Terms: Details of the financing including purchase price, down payment, interest rate, APR, and total amount payable
6. Payment Terms: Payment schedule, method of payment, and consequences of late or missed payments
7. Duration and Termination: Length of the agreement, early termination provisions, and final payment details
8. Vehicle Usage and Maintenance: Requirements for vehicle care, permitted use, and maintenance obligations
9. Insurance Requirements: Mandatory insurance coverage and requirements
10. Transfer of Ownership: Conditions for transfer of vehicle ownership upon completion of payments
11. Default and Remedies: Consequences of default and available remedies for both parties
12. Data Protection: GDPR-compliant provisions regarding personal data processing
13. Governing Law: Confirmation of German law application and jurisdiction
1. Balloon Payment Terms: Include when the finance agreement includes a final balloon payment option
2. Dealer Obligations: Include when the dealer is a party to the agreement and has ongoing obligations
3. Vehicle Return Options: Include when the agreement offers end-of-term vehicle return options
4. Guaranteed Future Value: Include when the agreement includes a guaranteed future value provision
5. Additional Services: Include when financing package includes maintenance, warranty, or other services
6. Cross-Border Usage: Include when vehicle usage in other EU countries needs to be addressed
7. Co-Signer Provisions: Include when there is a co-signer or guarantor for the finance agreement
1. Payment Schedule: Detailed breakdown of all payments including dates, amounts, and allocation between principal and interest
2. Vehicle Specification: Detailed technical specifications and equipment list of the vehicle
3. Pre-Contract Information: Standard European Consumer Credit Information (SECCI) as required by German law
4. Insurance Requirements: Detailed insurance specifications and minimum coverage requirements
5. Withdrawal Form: Standard form for exercising right of withdrawal (Widerrufsformular)
6. Direct Debit Authorization: SEPA direct debit mandate form
7. Vehicle Condition Report: Initial condition report of the vehicle at time of agreement
Relevant legal definitions
Clauses
Relevant Industries
Automotive
Financial Services
Banking
Consumer Finance
Insurance
Retail Automotive
Vehicle Leasing
Consumer Credit
Relevant Teams
Legal
Compliance
Finance
Sales
Risk Management
Customer Service
Credit Operations
Documentation
Retail Finance
Contract Administration
Relevant Roles
Finance Manager
Legal Counsel
Compliance Officer
Car Sales Manager
Credit Risk Manager
Consumer Finance Specialist
Automotive Finance Director
Contract Administrator
Customer Service Representative
Financial Services Advisor
Automotive Finance Underwriter
Documentation Specialist
Retail Finance Manager
Find the exact document you need
Sellers Finance Agreement
A German law-governed agreement establishing terms for seller-provided financing arrangements, including payment terms, security, and enforcement provisions.
find out more
Two Party Loan Agreement
A German law-governed bilateral loan agreement establishing terms and conditions for lending arrangements between two parties, compliant with BGB requirements.
find out more
Finance Lease Agreement
A German law-governed agreement for long-term asset financing where the lessor provides funding while transferring asset risks and rewards to the lessee.
find out more
Co Financing Agreement
A German law-governed agreement establishing terms for multiple parties to jointly finance a project, detailing financial contributions, disbursement terms, and inter-creditor arrangements.
find out more
Simple Loan Repayment Agreement
A German law-governed agreement establishing terms and conditions for loan repayment between lender and borrower, compliant with BGB requirements.
find out more
Royalty Financing Agreement
A German law agreement establishing terms for financing in exchange for ongoing royalty payments based on company revenue or profits.
find out more
Seller Financing Business Contract
A German law-governed agreement combining business sale and seller financing terms, enabling business acquisition through direct seller financing arrangements.
find out more
Loan For Use Agreement
A German law agreement (governed by BGB) where one party grants another the temporary, free-of-charge use of an item with specified terms and conditions for its use and return.
find out more
Mortgage Loan Assumption Agreement
A German law agreement enabling the transfer of mortgage loan obligations from an original borrower to a new party, maintaining property security interests and complying with German banking and property regulations.
find out more
Lease Hire Agreement
A German law-governed agreement establishing terms for equipment or property lease hire, including payment terms, maintenance obligations, and usage conditions.
find out more
Hire Purchase Agreement For Car
A German law-governed agreement for the purchase of a vehicle through installment payments, with ownership transferring upon final payment.
find out more
Bike Hire Purchase Agreement
A German law-governed agreement for the hire purchase of a bicycle, combining sales and financing terms in compliance with German consumer protection and financial regulations.
find out more
Trade Finance Facility Agreement
A German law-governed financing agreement establishing terms for trade finance facilities, including operational procedures and regulatory compliance requirements under German banking and commercial law.
find out more
Trade Finance Agreement
A German law-governed agreement establishing trade finance facilities between financial institutions and commercial entities, setting out financing terms and security arrangements for international trade transactions.
find out more
Short Term Loan Agreement
A German law-governed Short Term Loan Agreement setting out terms and conditions for temporary financing, compliant with BGB requirements and German banking regulations.
find out more
Simple Unsecured Loan Agreement
A German law-governed unsecured loan agreement (Darlehensvertrag) documenting basic lending terms without security arrangements.
find out more
Real Estate Loan Agreement
A German law-governed agreement establishing terms for real estate financing between a lender and borrower, including loan terms and property security arrangements.
find out more
Promissory Loan Agreement
A German law-governed agreement documenting a loan arrangement with promissory note elements, setting out terms for lending, repayment, and security.
find out more
Official Loan Agreement
A German law-governed agreement establishing the terms and conditions of a loan, including amount, interest, repayment terms, and parties' obligations in compliance with BGB requirements.
find out more
Master Loan Agreement
German law-governed Master Loan Agreement establishing framework terms for multiple loan facilities between lenders and borrowers, compliant with German banking regulations and BGB requirements.
find out more
Margin Loan Agreement
German law-governed agreement establishing terms for a loan facility secured by financial assets as collateral, with associated margin and maintenance requirements.
find out more
Loan Note Agreement
German law-governed agreement establishing terms for the issuance of loan notes, including repayment and interest provisions.
find out more
Installment Loan Agreement
A German law-governed agreement setting out terms for a loan repayable in regular installments, compliant with German banking and consumer protection regulations.
find out more
Financing Contract Agreement
German law-governed financing agreement (Darlehensvertrag) establishing terms for financial facilities between lender and borrower.
find out more
Financial Support Agreement
A German law-governed agreement establishing terms for providing financial support, including disbursement conditions, repayment terms, and regulatory compliance requirements.
find out more
Financial Assistance Agreement
German law-governed agreement establishing terms for providing financial assistance, including facility terms, repayment conditions, and regulatory compliance requirements.
find out more
Formal Loan Agreement
A German law-governed agreement establishing terms and conditions for providing and repaying a loan, including all essential financial and legal provisions.
find out more
Equipment Lease Purchase Agreement
A German law contract combining equipment lease and purchase arrangements, enabling equipment use with regular payments and a purchase option/obligation at term end.
find out more
Car Finance Contract
A German law-governed agreement for vehicle financing, complying with German consumer credit laws and detailing financial terms, security arrangements, and parties' obligations.
find out more
Business Loan Contract
German law-governed business loan agreement establishing terms and conditions for commercial lending, compliant with German banking regulations and civil code requirements.
find out more
Auto Loan Contract
A German law-governed vehicle financing agreement that enables automobile purchases through structured lending arrangements, incorporating German consumer protection requirements and EU financial regulations.
find out more
Auto Finance Contract
A German law-governed vehicle financing agreement establishing terms for vehicle purchase through structured payments, compliant with German banking and consumer protection regulations.
find out more
Owner Financing Lease Purchase Agreement
A German law-governed agreement combining property lease and purchase terms with owner financing, enabling gradual property acquisition while leasing.
find out more
Debtor In Possession Loan Agreement
A German law-governed financing agreement enabling companies in insolvency proceedings to obtain new financing while maintaining operational control, subject to court oversight and insolvency regulations.
find out more
Future Receivables Factoring Agreement
A German law-governed agreement for the sale and purchase of future receivables, enabling businesses to obtain financing against receivables before they arise.
find out more
Vehicle Finance Agreement
A German law-governed agreement for vehicle financing, incorporating key requirements from German banking and consumer protection regulations.
find out more
Consortium Loan Agreement
German law-governed agreement establishing terms for a syndicated loan facility provided by multiple lenders to a borrower.
find out more
Common Loan Agreement
A German law loan agreement setting out terms and conditions for credit provision, compliant with BGB requirements and German banking regulations.
find out more
Small Business Loan Agreement
A German law-governed agreement establishing terms for a financial institution to provide a loan to a small business, including loan amount, interest rates, and repayment terms.
find out more
Rental Loan Agreement
A German law-governed agreement combining property rental terms with loan financing arrangements, establishing rights and obligations for both lending and tenancy aspects.
find out more
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)