USA Promissory Note for Purchase of Vehicle

Secure the payment of an outstanding balance on the purchase price of a vehicle with this USA Promissory Note for Purchase of Vehicle form.

• The Promissory Note contains two optional clauses for interest, one for annual interest at a specified rate and one for no interest.
• 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 penalty.
• The seller can repossess the vehicle if the buyer defaults in making payments.

The USA Promissory Note for Purchase of Vehicle form is downloadable and fully editable. Customize it to meet your exact needs.