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Texas Motor Vehicle Installment Contract #24-4312
Sum of Periodic Balances
Rule of 78
Sales Tax Deferred
This installment contract is designed for the financing of retail motor vehicle sales where the payments are collected monthly. The refunding method used in this contract is the Sum of Periodic Balances (Rule of 78.)This contract cannot be used for weekly or bi-weekly payments.
This is a Sales Tax Deferred contract.
Not for financing the sale of motorcycles, boats or trailers.
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