Promissory Note in Connection with Sale of Vehicle or Automobile - Oregon 2026

1. Click ‘Get Form’ to open it in the editor.
2. Begin by entering the sale amount in the designated field labeled '$_____'. This is the total amount you are borrowing for the vehicle purchase.
3. Fill in the county and date fields at the top of the form. Ensure that you enter '____ County, Oregon' and today's date accurately.
4. In the section labeled 'FOR VALUE RECEIVED', input your name as Buyer(s) and the Seller(s) name along with their address. This identifies both parties involved in the transaction.
5. Specify whether interest will be charged by selecting either 'with interest of ___ percent per annum' or 'no interest'. Enter monthly payment amounts and due dates accordingly.
6. Complete vehicle details including Make, Model, Year, and VIN in the provided fields to ensure proper identification of the vehicle being financed.
7. Decide on title retention by checking one of the options regarding whether it will be retained by Seller or transferred to Buyer. This affects ownership rights until payment is complete.
8. Finally, have all parties sign at the bottom where indicated, ensuring that each Borrower/Buyer includes their Social Security Number for identification purposes.

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