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- An auto loan agreement is a contract used to secure a loan by a buyer of a motor vehicle1. The agreement establishes the names of the borrower and lender, the amount ($) that was borrowed, the length of the loan, how much the borrower needs to pay on a monthly basis, and other important terms1. The agreement should include the vehicle value received by the borrower, the lender's name and mailing address, and the payment terms2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.An auto loan agreement is a contract used to secure a loan by a buyer of a motor vehicle. The agreement establishes the names of the borrower and lender, the amount ($) that was borrowed, the length of the loan, how much the borrower needs to pay on a monthly basis, and other important terms.esign.com/loan-agreement/auto/For the vehicle value received by address of agrees to pay (Lender Name) with a mailing address of (the “Lender”). PAYMENT. This agreement, (the “Note”), shall be due and payable, including the principal with a mailing (the “Borrower”), and any accrued interest, on a monthly basis.esign.com/wp-content/uploads/Auto-Loan-Agreem…
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