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 For Car Lease 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.
Free preview
Form popularity
More info
1. Review your lease contract: : Familiarize yourself with the terms of your lease agreement, including any end-of-lease provisions or requirements. 2. Serving Phoenix, Mesa and Scottsdale, AZ here at Audi Chandler.Fill Out Our Lease Application Below. The typical auto lease term is 36-40 months. Leases can be structured to include a down payment or even with zero money down. Fill out the form below or call us at to schedule your lease return. What is an Auto Lease Agreement Template? An auto lease agreement template is a document that outlines the terms and conditions of an auto lease. Simply schedule your vehicle inspection with us, we'll help analyze any excess wear and tear, and complete your Nissan lease. Are you in the middle of a leasing contract and wondering what your end-of-term options are?