The Dealer Arranged Conditional Sale Agreement is used when a customer wishes to purchase a vehicle through finance arranged by a dealership. This tripartite arrangement, governed by English and Welsh law, enables the customer to spread the cost of the vehicle over time while providing security for the finance company through retention of title until full payment. The agreement must comply with strict regulatory requirements under the Consumer Credit Act 1974 and FCA guidelines, including mandatory information disclosure and formatting requirements. It typically includes detailed vehicle specifications, payment terms, ownership conditions, and customer obligations.

1. Parties: Identifies the dealer, finance company, and customer

2. Background: Context of the agreement and relationship between parties

3. Definitions: Key terms used throughout the agreement

4. Vehicle Details: Specific information about the vehicle being sold

5. Payment Terms: Details of purchase price, deposit, instalments, and payment schedule

6. Title and Risk: Provisions regarding ownership and risk transfer

7. Termination Rights: Circumstances and process for agreement termination

8. Customer Obligations: Customer responsibilities regarding vehicle maintenance and use