Driving A Rental Car Without Being On Contract In Virginia

State:
Multi-State
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.


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.

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  • Preview Lease or Rental Agreement of Automobile, Car, Truck, or Vehicle by Individual - Personal - Template
  • Preview Lease or Rental Agreement of Automobile, Car, Truck, or Vehicle by Individual - Personal - Template
  • Preview Lease or Rental Agreement of Automobile, Car, Truck, or Vehicle by Individual - Personal - Template
  • Preview Lease or Rental Agreement of Automobile, Car, Truck, or Vehicle by Individual - Personal - Template
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It's a violation of a contract and is thus a civil matter. No. Simply not allowed.It depends on jurisdiction and the state the vehicle is registered in etc. This rental agreement contains provisions that govern how claims you and Flexdrive have against each other can be brought. The driver will need to possess a valid driver's license, be at least 25 years of age and be subject to any applicable driving record check. At Budget, you cannot rent a car with a suspended, revoked, or expired license. Learn about the driver's license requirements for renting a car from Budget. In Virginia, leasing a vehicle means making payments for the use of a vehicle for 12 months or more. Anything less than 12 months is considered renting. It is important to provide your valid driver's license and to tell the truth when you sign the rental car contract.

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Driving A Rental Car Without Being On Contract In Virginia