Printable Car Lease Letter
January 1, 2060
Zoe Willis
876 Zenith Drive, Unit 44,
Peak Point, AZ 56789
Subject: Car Lease Agreement for 2060 Model Lunar SUV
Dear Ms. Willis,
This letter serves as the formal lease agreement between [YOUR COMPANY NAME] (hereafter referred to as "Lessor") and Zoe Willis (hereafter referred to as "Lessee") for the leasing of the 2060 model Lunar SUV. The terms of this lease are outlined below.
Vehicle Information | Details |
|---|
Make/Model | Lunar SUV |
Year | 2060 |
VIN Number | 1HGBH41JXMN206060 |
Color | Jet Black |
Mileage at the Start of the Lease | 25 miles |
Lease Terms
Lease Duration: The lease will commence on January 5, 2060, and will terminate on January 5, 2065.
Monthly Payment: The lessee agrees to make monthly payments of $850. Payments are due on the 1st of each month, beginning on February 1, 2060.
Total Lease Payment: The total amount payable over the term of the lease is $51,000.
Responsibilities of the Lessee
Maintenance and Repairs: The lessee is responsible for maintaining the vehicle in accordance with the manufacturer's guidelines. All routine services must be conducted at certified service centers.
Insurance: The lessee must maintain comprehensive car insurance with coverage of at least $50,000 for the leased vehicle. Proof of insurance must be provided before the lease commences.
Mileage Limit: The lessee agrees to a mileage limit of 12,000 miles per year. Any excess mileage will incur an additional charge of $0.20 per mile.
Responsibilities of the Lessor
Ownership: [YOUR COMPANY NAME] retains full ownership of the vehicle throughout the duration of the lease.
Warranty Coverage: The leased vehicle is covered under the manufacturer’s warranty for the first 3 years or 36,000 miles, whichever comes first. Any repairs or replacements covered under this warranty will be the responsibility of the lessor.
End of Lease Conditions:
After the lease on January 5, 2065, the lessee must return the vehicle to the Lessor in good condition, subject to normal wear and tear. The vehicle will be inspected for any damages, and repair costs will be deducted from the security deposit if necessary.
Early Termination:
If the lessee wishes to terminate the lease before the agreed end date, they must provide 30 days written notice. Early termination will incur a penalty fee of $3,000.
Both parties agree to the terms and conditions outlined in this lease agreement.
[YOUR NAME]
Leasing Manager
Zoe Willis
Lessee
Please feel free to contact us if you have any questions or need further clarification regarding this agreement. We look forward to providing you with exceptional service throughout the lease period.
Best regards,
[YOUR NAME]
[YOUR EMAIL]
Leasing Manager
[YOUR COMPANY NAME]
Letter Templates @ Template.net
