This Lease is meant to be used by one individual dealing with another individual rather than a dealership situation. It therefore does not contain disclosures required by the Federal Consumer Leasing Act.
Agreement With Vehicle In Phoenix
Category:
State:
Multi-State
City:
Phoenix
Control #:
US-00400BG
Format:
Word;
Rich Text
Instant download
Description
An "Automobile Lease Agreement" is generally used to describe the formal contract or agreement that binds the leasing customer to the terms and conditions set forth by a leasing company or bank ("financier") . It is usually prepared or provided by the automobile dealership. This type of Automobile Lease is one the methods by which an automobile may be financed. It allows the customer to drive an automobile by making monthly payments to the financier. The payments serve to compensate the financier for the depreciation in value of the automobile during the time it is being driven. The financier will also assess a monthly finance charge that is similar to interest on a loan. This compensates the financier for the use of their money that is tied up in the purchase of the automobile from a dealer. The financier or car dealership actually owns the automobile. The automobile is leased for a specific period of time and is typically returned to the car dealership at the end of that time.
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Due to the number of stolen vehicle reports the Phoenix Police Department (P. After receiving payment, a seller should signin to their account at AZMVDNow.Gov and complete a "sold notice. To complete an application, click on​ Exhibit Checklist, Revocable Permit Application and Revocable Permit Example in the More Information section on this page. Remember: Arizona does NOT have a "cooling off" period or three-day right to cancel a car sale. The motor vehicle seller must insert the sales price, nonresident state and Arizona county tax rates and complete all mathematical calculations. An Arizona motor vehicle bill of sale is part of the vehicle registration process. You can use our free template to create your document. Use the tips and resources below to help protect yourself and prepare for your next automobile purchase. Click on the topic to learn more.