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.
Rental Car Vehicle Form Agreement Form In Clark
Category:
State:
Multi-State
County:
Clark
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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The Rental Program is for car rental companies who rent a vehicle to individuals other than the DMV registered owner. The US Government Rental Car Program offers reduced rates and special benefits when renting cars, passenger vans, or sport utility vehicle (SUV)If YES - Complete sections 1-4 of this form. Note: If this vehicle is a pick-up truck that is never used for commercial purposes and does not have. Use this application to enroll your company in the Rental Program. Upon receipt of this application, we will send you a bill listing your summonses. A rental vehicle company shall not charge more than the following amounts per full or partial twentyfour hour rental day for optional vehicle protection. The printed lease form must be labeled "lease agreement," "retail lease agreement," or "motor vehicle lease agreement. The next screen will have the estimate of the rental. Click on Book now to complete the reservation.