At the point of disclosing the retail installment sale agreement, who are the parties to the contract?

In a retail installment sale agreement, the main parties involved are the customer and the selling dealer. The customer is the individual purchasing the goods or services, while the selling dealer is the entity that is selling those goods or services on an installment basis. This arrangement typically includes terms regarding payment amounts, interest, and other financial obligations related to the sale.

The customer directly interacts with the selling dealer to negotiate the terms of the sale and financing arrangements, making them the primary parties in the contract. Although financial institutions like banks may be involved in providing credit or financing, they are not parties to the actual retail installment sale agreement unless the contract specifically states their involvement in financing terms. Therefore, focusing on the direct relationship and transaction between the customer and the selling dealer defines the contractual parties accurately.