What is an Vehicle Lease Agreement?
A vehicle lease agreement is a written contract between 2 parties, a lessor and a lessee. The lessor is usually a dealership or leasing company, and a lessee is an individual or business.
This contract gives the person or business leasing the vehicle the right to use it for a set period of time for a certain amount of money.
Some elements of a lease agreement usually include the following:
- Make, model, and VIN of the vehicle
- How long the lease will last
- How repairs will be handled
- Mileage limits per month or per year
- Monthly fees
- Down payments
- Taxes information
- Options at the end of the lease, like returning the car, purchasing it at a price set by the lessor, or starting another lease with a new vehicle
Instead of paying costly legal fees, use our free, and easy-to-use vehicle lease agreement template to create one yourself.
Fill in Online
Answer a few simple questions to create your custom legal document.
Save, Print & Download
Print your document online or download a copy for Word (.docx) or PDF.
Done in Minutes
Your Vehicle Lease Agreement will be ready in as little as 5 minutes.
What's Included in This Template
- Complete vehicle lease template
- Vehicle specification details
- Payment terms structure
- Insurance requirement clauses
- Mileage usage provisions
- Termination procedures
- Vehicle return conditions
- Signature execution blocks
Article written by
Legal Writer & Researcher | Licensed Attorney | 49 Articles
Rachael Goldstein is a licensed attorney and an experienced writer based in Pennsylvania. As a licensed attorney, she specializes in writing clear an accessible articles for EasyLegalDocs.com.
Share
Like what you see? Share this with your friends!
Or copy link