Examples of New Vehicles in a sentence
Test 3.3(t) – 1: Term of Receivable for New Vehicles Observe the Contract and, if the description of the Financed Vehicle is new, observe the "Number of Payments" from the payment schedule section of the "Federal Truth-in-Lending Disclosures" box of the Contract and confirm the total number of payments is 84 or fewer.
The Demonstrator values will be the value for New Vehicles calculated pursuant to Section 2(b)(ii) above less $0.25 per mile in excess of 500 miles, but not to exceed $5,000.00 per Demonstrator.
The Company shall pay the cost of all collateral audits other than collateral audits relating to New Vehicles.
The New Vehicle Floorplan Borrowers shall use the proceeds of the New Vehicle Swing Line Loans to finance Eligible New Vehicles (including to refinance Former Lender Loans).
New Vehicles with 5,000 or more miles will be valued as a Used Vehicle (defined below).