There are several payment methods that you can use when making your purchase. Read carefully to understand the types and terms of the funding agreement. If you do not make the necessary payments as promised, the contract provides for certain remedies that the seller can take. Find out if the seller can seize your vehicle or sue you on the loan balance or if they can do both. The dealer may have the right to impose a penalty, depending on a clause sometimes found at the back of the vehicle purchase contract. These fees are limited by rules. They must not exceed the higher of these two amounts: $400 or 2% of the price of the vehicle. If this clause is not on the back of the contract, the dealer may require you to comply with the contract (whether you purchase the vehicle) or to pay compensation for the actual losses suffered by the dealer.