The Car Loan Contract is a crucial document used in the Netherlands when financing the purchase of a vehicle through a loan arrangement. It serves as the primary agreement between a financial institution (lender) and a borrower, establishing the legal framework for the loan and the security interest in the vehicle. This document is essential when a borrower requires financing to purchase a vehicle and must comply with Dutch financial regulations, including the Financial Supervision Act (Wft) and Consumer Credit Act. The contract includes detailed information about the loan terms, vehicle specifications, payment schedules, insurance requirements, and borrower obligations. It incorporates mandatory consumer protection provisions required under Dutch law and European regulations, making it suitable for both commercial and consumer lending situations while providing clear information about costs and borrower rights.

1. Parties: Identification of the lender and borrower with full legal names and addresses

2. Background: Context of the agreement, including the borrower's request for financing and the lender's agreement to provide it

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

4. Loan Details: Specific details of the loan including principal amount, interest rate, APR, and total amount payable

5. Vehicle Details: Complete description of the vehicle including make, model, year, VIN, and registration number

6. Security Interest: Creation of security interest in the vehicle in favor of the lender

7. Payment Terms: Payment schedule, method of payment, and allocation of payments

8. Borrower's Representations: Borrower's confirmations regarding their financial situation and information provided

9. Insurance Requirements: Mandatory insurance requirements for the vehicle

10. Default and Remedies: Events of default and lender's rights upon default

11. Early Repayment: Terms and conditions for early repayment of the loan

12. General Terms: Standard contract provisions including notices, amendments, and governing law