This Vehicle Agreement outlines the terms and conditions between the [Your Company Name] and the vehicle owner or lessee for the use or purchase of a vehicle. This agreement ensures that both parties understand their rights and responsibilities.
This Agreement is entered into on between [Your Company Name], hereinafter referred to as "Company," and , hereinafter referred to as "Customer."
Make:
Model:
Year:
VIN:
Color:
License Plate:
Lease/Purchase Amount:
Payment Schedule:
Duration of Agreement:
Deposit Amount (if applicable):
Delivery Date:
Company's Responsibilities:
Ensure the vehicle is in good working condition upon delivery.
Provide all necessary documents related to the vehicle, including the title and registration.
Customer's Responsibilities:
Make timely payments as per the agreed schedule.
Maintain the vehicle in good condition and perform regular maintenance.
The Customer agrees to maintain insurance coverage for the vehicle during the term of this agreement, with [Your Company Name] listed as an additional insured party. The Customer is responsible for any damages, accidents, or liabilities arising from the use of the vehicle.
This agreement may be terminated by either party with days' written notice. Upon termination, the Customer must return the vehicle in its original condition, subject to reasonable wear and tear.
This Agreement will be governed by the laws of . Any disputes will be resolved through arbitration in .
By signing below, both parties agree to the terms and conditions outlined in this agreement:
Company's Details | Customer's Details |
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