黑料视频

Loan Vehicle Sale Agreement Template for Philippines

Create a bespoke document in minutes, 聽or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Loan Vehicle Sale Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership聽of your information

Key Requirements PROMPT example:

Loan Vehicle Sale Agreement

"I need a Loan Vehicle Sale Agreement for a fleet of 5 delivery vans being purchased by my logistics company from Toyota Manila, with financing through BDO Bank over 48 months starting March 2025, including provisions for commercial vehicle insurance and GPS tracking requirements."

Document background
The Loan Vehicle Sale Agreement is a specialized legal instrument used in the Philippines when a vehicle purchase involves financing arrangements. This document is essential when a buyer wishes to purchase a vehicle through loan financing, whether from a dealer, manufacturer, or third-party financial institution. The agreement comprehensively addresses both the sale and financing aspects of the transaction, ensuring compliance with Philippine regulations including the Civil Code, Consumer Act, and Truth in Lending Act. It details the vehicle specifications, purchase price, loan terms, payment schedules, security interests, and the rights and obligations of all parties involved. The document is particularly important as it serves as both the primary sale document and the loan agreement, protecting the interests of the seller, buyer, and financing party throughout the duration of the loan term.
Suggested Sections

1. Parties: Identification of the Seller, Buyer/Borrower, and Financing Party (if separate from Seller)

2. Background: Context of the transaction, including the Seller's ownership of the vehicle and Buyer's desire to purchase with financing

3. Definitions: Definitions of key terms used throughout the agreement

4. Sale and Purchase: Details of the vehicle sale transaction, including vehicle description and purchase price

5. Loan Terms: Financing amount, interest rate, payment schedule, and loan duration

6. Payment Terms: Payment mechanics, including down payment, installment payments, and payment methods

7. Vehicle Delivery and Acceptance: Terms regarding vehicle delivery, inspection, and acceptance

8. Title and Registration: Provisions regarding transfer of title and registration requirements

9. Security Interest: Creation of security interest in the vehicle and related rights

10. Representations and Warranties: Statements of fact and promises by both parties regarding the vehicle and their capacity to enter the agreement

11. Events of Default: Circumstances constituting default and consequences

12. Remedies: Rights and remedies available to parties in case of default

13. General Provisions: Standard legal provisions including notices, amendments, governing law, and dispute resolution

Optional Sections

1. Guarantor Provisions: Required when a third party guarantees the loan obligations

2. Insurance Requirements: Detailed insurance obligations when specific coverage is required beyond standard requirements

3. Prepayment Terms: Include when early payment options are allowed with specific terms

4. Co-Borrower Provisions: Required when there are multiple borrowers for the vehicle

5. Trade-In Provisions: Include when the buyer is trading in another vehicle as part of the purchase

6. Post-Dated Checks: Required when payment via post-dated checks is part of the arrangement

7. Electronic Payment Authorization: Include when automatic electronic payments are being set up

Suggested Schedules

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

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

3. Schedule C - Delivery Receipt: Form for documenting vehicle delivery and acceptance

4. Schedule D - Insurance Requirements: Detailed insurance specifications and requirements

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

6. Appendix 2 - Vehicle Registration Documents: Copies of current registration and transfer documents

7. Appendix 3 - Disclosure Statement: Truth in Lending Act disclosures and financial terms summary

Authors

Alex Denne

Head of Growth (Open Source Law) @ 黑料视频 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions








































Clauses




























Relevant Industries

Automotive

Financial Services

Banking

Insurance

Consumer Finance

Retail

Transportation

Vehicle Leasing

Relevant Teams

Legal

Finance

Sales

Compliance

Credit

Risk Management

Collections

Customer Service

Documentation

Business Development

Operations

Relevant Roles

Sales Manager

Finance Manager

Legal Counsel

Compliance Officer

Credit Analyst

Auto Finance Specialist

Dealership Manager

Contract Administrator

Risk Manager

Collections Manager

Vehicle Finance Officer

Business Development Manager

Customer Service Manager

Documentation Specialist

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Purchase Of Vehicle Agreement

A Philippine law-governed agreement documenting the sale and purchase of a vehicle, including terms, conditions, and ownership transfer requirements.

find out more

Deed Of Sale Motor Vehicle With Fill Up

A Philippine-compliant legal document for transferring motor vehicle ownership, meeting all LTO requirements and Civil Code provisions.

find out more

Motor Vehicle Selling Agreement

A Philippine law-governed agreement for the sale and transfer of ownership of a motor vehicle, detailing terms, conditions, and compliance requirements.

find out more

Bill Of Sale Trailer

A Philippine law-governed document that legally transfers ownership of a trailer from seller to buyer, meeting LTO requirements and establishing transaction terms.

find out more

Contract To Sell Motorcycle

A Philippine law-compliant agreement documenting the terms and conditions of a motorcycle sale, including payment terms, delivery conditions, and transfer of ownership requirements.

find out more

Car Deed Of Sale

A legal document under Philippine law that formalizes the transfer of vehicle ownership between seller and buyer, meeting LTO requirements and civil code provisions.

find out more

Bill Of Sales Contract

A legal document under Philippine law that records and validates the transfer of property ownership from seller to buyer, detailing the terms and conditions of the sale.

find out more

Car Buying Contract

A Philippine-compliant legal agreement for the purchase and sale of a motor vehicle, detailing terms, conditions, and ownership transfer requirements.

find out more

Motorcycle Sale Deed

A legal document under Philippine law that formalizes the sale and transfer of ownership of a motorcycle between parties, complying with LTO requirements and civil law regulations.

find out more

Car Buyers Sellers Contract

A legally binding agreement under Philippine law for the sale and purchase of motor vehicles, ensuring compliant transfer of ownership and protecting both parties' interests.

find out more

Selling A Car With Payments Contract

A Philippine law-compliant contract template for vehicle sales with installment payments, including payment terms, ownership transfer conditions, and legal protections for both parties.

find out more

Loan Vehicle Sale Agreement

A Philippine law-governed agreement combining vehicle sale and financing terms, establishing rights and obligations for vehicle purchase with loan arrangements.

find out more

Auto Consignment Agreement

A Philippine law-governed agreement between a vehicle owner and dealer for the consignment sale of vehicles, outlining terms, responsibilities, and commission structures.

find out more

Motorcycle Purchase Agreement

A legally binding agreement under Philippine law for the sale and purchase of a motorcycle, detailing terms, conditions, and ownership transfer requirements.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.