Affordable Vehicle Leasing Agreement
A Vehicle Leasing Agreement is a contract made between a vehicle owner (lessor) and someone who pays the owner to have possession of the vehicle for a predetermined period (lessee). The lease payment, which is typically paid monthly, consists of a vehicle depreciation fee, a finance fee which is similar to the interest charged on a car loan, and any relevant sales taxes. A Vehicle Leasing Agreement is commonly used with new and previously-owned cars, trucks, and motorcycles.
A Vehicle Leasing Agreement is a contract made between a vehicle owner (lessor) and someone who pays the owner to have possession of the vehicle for a predetermined period (lessee). The lease payment, which is typically paid monthly, consists of a vehicle depreciation fee, a finance fee which is similar to the interest charged on a car loan, and any relevant sales taxes. A Vehicle Leasing Agreement is commonly used with new and previously-owned cars, trucks, and motorcycles.
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