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The Selling A Car With Payments Contract is designed for use in New Zealand when a vehicle is being sold with payment to be made in installments rather than as a single lump sum. This document is suitable for both private sellers and commercial dealers, providing a legally compliant framework under New Zealand's consumer credit and personal property securities legislation. It includes essential elements such as vehicle details, payment terms, security interests, ownership transfer conditions, and party obligations. The agreement is particularly important for protecting the seller's interests while ensuring compliance with consumer protection laws, making it suitable for various transaction values and buyer-seller relationships. It incorporates necessary provisions from key New Zealand legislation including the Credit Contracts and Consumer Finance Act 2003 and the Personal Property Securities Act 1999.

1. Parties: Identifies and provides full details of the seller and buyer, including names, addresses, and contact information

2. Background: Briefly explains the context of the agreement - that the seller owns the vehicle and wishes to sell it to the buyer who will pay in installments

3. Definitions: Defines key terms used throughout the agreement, including 'Vehicle', 'Purchase Price', 'Installment Payments', 'Settlement Date', etc.

4. Sale and Purchase: States the core agreement to sell and purchase the vehicle, including the total purchase price

5. Payment Terms: Details the payment schedule, including deposit amount, installment amounts, payment dates, and payment methods

6. Vehicle Details: Comprehensive description of the vehicle including make, model, year, VIN, registration number, and current odometer reading

7. Title and Risk: Specifies when ownership transfers and who bears risk for the vehicle during the payment period

8. Seller's Warranties: Warranties regarding vehicle ownership, condition, and compliance with law

9. Buyer's Acknowledgments: Buyer's confirmation of vehicle inspection and acceptance of condition

10. Default and Remedies: Consequences of payment default and available remedies

11. Registration and Transfer: Requirements for vehicle registration transfer and timing

12. General Provisions: Standard contract clauses including governing law, notices, and entire agreement