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.
Deal With Car In Mecklenburg
Category:
State:
Multi-State
County:
Mecklenburg
Control #:
US-00400BG
Format:
Word;
Rich Text
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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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To title and register a vehicle, go to an NCDMV license plate agency or mail in the information outlined in the following steps. 1. In the red rectangle, marked "1", the seller enters the name and address of the BUYER. 2.Not sure how to register your vehicle in North Carolina? Don't worry, we've got all the information you need! North Carolina assesses a 3 percent sales tax on all vehicle purchases, according to CarsDirect. This sales tax is known as the Highway Use Tax. You can donate your car, truck, motorcycle, RV, or boat to be sold, with the proceeds benefiting Crisis Assistance Ministry. Here are the documents I need to provide: A valid NC vehicle insurance policy, A valid NC driver's license, Proof of ownership - out-of-state registration card. North Carolina's vehicle Tag and Tax Together program was designed to make it easier to pay your annual registration renewal and vehicle property taxes. Please bring a bill of sale showing your sale or purchase amount as well as the seller's and purchaser's name and address to our office.