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1. Parties: Identifies and provides complete details of the seller/dealer and the buyer

2. Background: Establishes the context of the sale and payment arrangement

3. Definitions: Defines key terms used throughout the contract

4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, color, engine number, chassis number

5. Purchase Price and Payment Terms: Details of the total purchase price, down payment, and installment payment structure

6. Interest Rate and Finance Charges: Clearly stated interest rate and all applicable finance charges as required by the Truth in Lending Act

7. Payment Schedule: Specific dates and amounts for all required payments

8. Late Payment and Default: Consequences of late payments and conditions constituting default

9. Vehicle Possession and Use: Terms regarding vehicle possession, permitted use, and maintenance requirements

10. Insurance Requirements: Mandatory insurance coverage requirements and terms

11. Transfer of Title: Conditions and process for the transfer of vehicle ownership

12. Representations and Warranties: Statements of fact and promises made by both parties

13. Termination: Conditions and process for contract termination

14. Governing Law: Specification of Philippine law as governing law and relevant jurisdictions

1. Schedule A - Vehicle Specification: Detailed technical specifications and features of the vehicle

2. Schedule B - Payment Schedule: Detailed amortization table showing all payments, interest, and principal portions

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

4. Schedule D - Delivery Receipt: Document confirming the delivery and acceptance of the vehicle

5. Appendix 1 - Vehicle Inspection Report: Pre-delivery inspection report detailing the condition of the vehicle

6. Appendix 2 - Warranty Terms: Detailed warranty terms and conditions

7. Appendix 3 - Required Documents: List of all required documentation for vehicle registration and transfer