Motor Finance Proposal Form at a glance
What it is: The Motor Finance Proposal Form, when completed, is sent to one or more financial institutions who are members of the Irish Finance Houses Association.
Who signs: Sign in the Signature box and enter the Date. Signed by Applicant or on behalf of Applicant (please tick as appropriate). The recipients of this information are authorised to contact you.
A filled-in Motor Finance Proposal Form example: a dealer completes a proposal for an applicant
How to fill out Motor Finance Proposal Form, box by box
Dealer
Enter the Proposal Ref. No.
Enter the Dealer, the Address and the Sales person (print name).
Applicant
Under APPLICANT, enter the Surname, First name and Address.
Enter the Time at address in yrs and mths, and the Mother's maiden name.
Enter the Previous address (if less than 3 years at current address) and the Time at previous address in yrs and mths.
Date of birth, Telephone and Marital status
Enter the Date of birth and the Place of birth (as per driving licence/passport).
Enter the Telephone (Work, Home and Mobile) and the Email.
Enter the Marital status and the No. of dependent children.
Employment, income and bank
Enter the Occupation. For the Employment status, please fill both A and B: A) Full time, Part time or Self-employed, and B) Permanent, Temporary or Contract.
Enter the Work Permit no. and the Work Permit expiry date.
Enter the Employer name, the Employer address, the Employer tel. no. and the Time with employer in yrs and mths.
Enter the Previous employer name (if less than 3 years with current employer), the Time with previous employer in yrs and mths, the Net salary € per mth and Other income € per mth.
Enter the Mortgage / Rent payment per mth € and Other borrowings per mth €.
Enter the Name of bank, the Bank sort code, the Bank account number, the Branch and the Time with branch in yrs and mths.
Vehicle
Under VEHICLE, enter the Make, Model, Specification and Registration no.
Mark New, Used or Demo, then enter the Current mileage or Current kilometres.
Cash price, Less customer deposit and Finance amount
Enter the Cash price, the Less customer deposit and the Less trade-in, each in €.
Enter the Registration no. of trade-in and the Plus settlement figure.
Enter the Finance amount, the Term mths and the No. in advance.
Enter the Customer final payment and the Dealer buyback.
Signature and Date
By signing this proposal form, you certify that all information provided on this form is complete and accurate, and you consent to the use and disclosure of this information for the purposes set out. You acknowledge that the recipients of this information are authorised to contact you and to disclose any material misstatements of fact on this proposal to their members and other relevant bodies. Tick Signed by Applicant or on behalf of Applicant (please tick as appropriate).
Sign in the Signature box, then enter the Date next to it.
More rules for Motor Finance Proposal Form
Complete this form in block capitals in black ink.
Please provide Joint Applicant details on separate Proposal Form, which must be signed by the Joint Applicant.
Please tick the box if you do not wish to be contacted.
If you miss a repayment, you will be charged interest on arrears and your agreement may be terminated.
Warning: If you do not meet the repayments on your agreement, your account will go into arrears. This may affect your credit rating.
Where this application has been completed by a motor dealer or other third party on behalf of the applicant for finance, the motor dealer or other third party, by submitting this form, is certifying that all information provided on this form is complete and accurate and has been provided to it and confirmed by the applicant for finance; and it has been authorised to complete and submit this application form on the applicant's behalf and as the applicant's agent. N.B. The applicant will be required to provide the financial institution with evidence of identity and current permanent address in compliance with the provisions of the Criminal Justice Act, 1994.
Sources
[1] Motor Finance Proposal Form, Irish Finance Houses Association (September 2007) (the Official source link on this page).