Vehicle Lease Agreement Form. VEHICLE LEASE SERVICE AGREEMENT This Vehicle Lease Service Agreement is executed 30 September 2016 by and between Penske Truck Leasing Co. Outline the lease length and the allowable limit of kilometres.
THE PARTIES HEREBY MUTUALLY AGREE AS FOLLOWS. For example you may be required by a car rental service to pick up and return the car at a specified time. Individuals and companies may use a Vehicle Leasing Agreement to lease new and previously-owned cars trucks and motorcycles.
This agreement is hereby made between Lessor Name hereafter referred to as the Lessor and Lessee Name hereafter referred to as the Lessee.
Prepare a Contract Hire Agreement by compiling the necessary information. This Vehicle Lease Agreement hereinafter the Agreement is entered into and made effective as of the date set forth at the end of this document by and between the Lessor ________ hereinafter referred to as Lessor of the following address. Lessee shall have the option to end its Lease with a 30 day advanced notice or convert to Lease to Purchase and Car will be sold at Fair market value. VEHICLE LEASE SERVICE AGREEMENT This Vehicle Lease Service Agreement is executed 30 September 2016 by and between Penske Truck Leasing Co.