Flooring Agreement Promissory Note

Don't sell a vehicle to a buyer with the price to be paid over time unless you get them to sign this Promissory Note for Vehicle Purchase.

• This form is for vehicle sales in the United States only.
• The Promissory Note includes two interest clauses, one for annual interest at a specified rate and one for no interest. Use the one that best fits your situation.
• If the title is transferred to the buyer, the seller has a lien on the vehicle until the balance is paid in full.
• The buyer can prepay the outstanding balance at any time without paying a penalty.
• The seller can repossess the vehicle if the buyer fails to make the payments on time.
• Available in MS Word format.

If a buyer gives you a deposit before buying a vehicle from you, issue them a receipt with this easy-to-use template form.

• This receipt form is only for motor vehicle sales in the United States.
• The receipt contains the identifying information about the vehicle (VIN, title number and odometer reading).
• The form also sets out the amount of the deposit and the amount of the balancing still owing for the purchase of the vehicle.
• Available in MS Word format so it's easy to use. Just fill in the details and print for signing.

This NAAA-recommended Premium Fleet ⁄ Lease Condition Report for Automobile is for vehicle auctions selling previously leased vehicles. The form contains detailed sections for:

• exterior,
• interior,
• mechanical and electrical,
• options,
• details of any damage, with estimated repair cost per item,
• a list of Damage Codes.

The Vehicle Auction Premium Fleet ⁄ Lease Condition Report for Automobile is a PDF download. Use it as a preprinted form for the appraiser to fill in at the time of inspection.

Auctioneers, write up a seller contract for a reserve bid sale with this customizable Auction Agreement for Sale with Reserve.

• Seller's Costs. The seller will pay for the auction catalog, advertising, delivery of the goods to the auctioneer, and insurance up until the time of delivery.
• Insurance. Once the goods are in the auctioneer's possession, the auctioneer is responsible for all risk insurance coverage.
• Promotion. The auctioneer is responsible for distributing the catalog and arranging the advertising for the sale.
• Compensation. The auctioneer's compensation will be in the form of a buyer's premium on all sales, not to exceed 15%.
• Scope of Agreement. This contract can be used for general sales of vehicles and household goods, or for auctions of collectibles, antiques, art, and other special items.

This Auction Agreement for Sale with Reserve is available in MS Word format. Download and customize for your unique business.