Promissory Note for Vehicle Purchase | USA

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.
Document Type: Microsoft Word
Last Updated: 02-September-2022
SKU: 3824
$2.29
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