Installment buyer definition
Installment buyer or "buyer" means a person that buys, hires, or leases a motor vehicle for personal, family, or household use, and not for commercial, business, or agricultural use, under an installment sale contract or a legal successor in interest to that person.
Installment buyer means that term as defined in section 2 of the motor vehicle sales finance act, MCL 492.102.
Installment buyer or "buyer" means a person who buys,
More Definitions of Installment buyer
Installment buyer or "buyer" shall mean the person who buys, hires or leases a motor vehicle under any installment sale contract or any legal successor in interest to such person, and shall continue to designate such person notwithstanding he may have entered into one or more extensions, deferments, renewals or other revisions of the original contract, and includes any person who as surety, endorser, guarantor, or otherwise, is liable on the obligation created by the buyer under an installment sale contract.
Installment buyer or "buyer" means a person that buys,
Installment buyer or “buyer” means a person who buys, hires, or leases a motor vehicle for personal, family, or household use and not for commercial, business, or agricultural use, under an installment sale contract or a legal successor in interest to that person. The term continues to refer to that person even if he or she enters into 1 or more extensions, deferments, renewals, or other revisions of the original contract.
Installment buyer or “buyer” shall mean the person who buys, hires or leases a motor vehicle under any installment sale contract or any legal successor in interest to such person, and shall continue to designate such person notwithstanding he may have entered into one or more extensions, deferments, renewals or other revisions of the original contract, and includes any person who