Who is Buyer?

• The Client (a person that leases the vehicle hereunder) is:

  • An individual
  • A company or organization

• Indicate the full company's name for Client:

• Indicate the Client's full name:

• Indicate full residential or business address of the Client:

General Information

• Select the state, where the vehicle is being registered:

  Choose option Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming District of Columbia

  !

  The laws of a state selected as an answer to this question will apply towards this Agreement.

• Indicate the date on which this Agreement is signed by both parties:

Vehicle's Details

• Select the type of a Vehicle being leased:

  • A car
  • A van
  • A truck
  • A motorcycle
  • A boat

• Indicate a Vehicle's make:

• Indicate a Vehicle's color:

• Indicate a Vehicle's year of manufacturing:

• Indicate a boat's length (in feet):

• Indicate a boat's HIN number:

  !

  A Hull Identification Number (HIN), also known as a Boatcode, is a unique series of letters and numbers permanently attached to a vessel’s hull.

  It serves as the vessel’s equivalent of a Vehicle Identification Number (VIN). HINs are typically 12 characters long and contain information like the country of manufacture, the manufacturer, serial number, and date of manufacture.

• Indicate a Vehicle's odometer reading details (in miles):

• Indicate a Vehicle s identification number (VIN):

  !

  A Vehicle Identification Number (VIN) is a 17-character alphanumeric code assigned to each vehicle, acting as a unique identifier.

  It contains information about the vehicle’s manufacturer, model, year, and other specifications. The VIN helps in tracking vehicle history, registration, and identification, as well as aiding in theft prevention and recovery.

• Do Parties wish to include additional details about the Vehicle?

  • Yes
  • No

• Describe in detail all additional Vehicle's features:

• Indicate a purpose for which a vehicle is being leased:

  • Personal usage
  • Business or commercial usage
  • Taxi services
  • Other purpose

• Describe for which exact purpose a vehicle is being leased:

Payment Terms

• Who should pay for registration and licensing fees?

  • Client
  • Lessor

  !

  Registration and licensing fees are mandatory government fees paid to register and legally operate the leased vehicle.

  They typically include the cost of registering the vehicle with the motor vehicle authority and obtaining license plates and tags. In a vehicle lease agreement, these fees may be included in the monthly payments or listed separately as upfront costs.

• Indicate the total amount of registration and licensing fees (in USD):

• Indicate the amount of a down payment in USD (i.e. a payment made by the Client at the lease-signing that reduces the monthly payment amount):

• Should the Client give a refundable security deposit?

  • Yes
  • No

  !

  A security deposit is an upfront payment made by the Client to the Lessor at the start of the lease.

  It serves as a form of financial protection for the Lessor against potential damage, excessive wear and tear, or missed payments. If there are no issues at the end of the lease, the deposit is typically refunded to the Client.

• Indicate the amount of a refundable security deposit (in USD):

• Will the Client pay a GAP coverage?

  • Yes
  • No

  !

  GAP coverage covers the difference between the amount Lessee owes on the car loan and the car’s estimated value.

  This is particularly helpful in case the Lessee is involved in an accident while driving the leased vehicle. In the event of an accident, the fair market value of the vehicle becomes a lot lower.

• Indicate the amount of a GAP coverage (in USD):

• How frequently the Client should pay lease payments?

  • Every month
  • Every week
  • Every day
  • Every year

• Select the day of the month, by which the regular annual lease payments should be made:

  Choose option 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th 11th 12th 13th 14th 15th 16th 17th 18th 19th 20th 21st 22nd 23rd 24th 25th 26th 27th 28th

• Select the month of the year, by which regular annual payment should be made:

  Choose option January February March April May June July August September October November December

• Select the day of the month, by which the regular monthly lease payments should be made:

  Choose option 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th 11th 12th 13th 14th 15th 16th 17th 18th 19th 20th 21st 22nd 23rd 24th 25th 26th 27th 28th

• Select the day of the week, by which regular weekly payment should be made:

  Choose option Monday Tuesday Wednesday Thursday Friday Saturday Sunday

• Indicate the amount of regular lease payments (in USD):

Miscellaneous

• Indicate the period of a lease (in days or months):

• Describe a payment method that should be used by the Client to make regular lease payments:

• Maximum amount of miles that the Client can drive the vehicle per year without incurring an additional charge:

• Amount per mile the Client pays once he/she drives over the mileage limit (in USD):

• Should the Client be able to purchase the Vehicle at the end of the lease (buyout option)?

  • Yes
  • No

  !

  A buyout option in a vehicle lease agreement allows the Client to purchase the vehicle at the end of the lease term, usually at a predetermined price stated in the lease contract.

  This purchase price may reflect the vehicle’s residual value or be negotiated separately.

• Indicate the purchase price (in USD), for which the Client can make a buyout of the vehicle at the end of the lease:

• Do you want to add a signature?

  • Yes
  • No

• Client's signature:

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