Download Car Purchase Contract Background. A car sales contract is a document that is issued whenever there is purchase of an automobile. Addendum to purchase contract on.
Personal contract purchase (or pcp, for short) is a flexible finance option designed to help you purchase a car for a fixed period of time.
Let's go over the retail installment contract. It is a legal contract between the buyer and the seller to make the sale transaction final. Once you set up a car account, this is how you create a template for a purchase contract so all your information and the customary fees are on there already. This helps keep monthly payments low.