Advantage Auto Lease

By | July 9, 2012

Advantage auto lease is an entity or a firm which deals in leasing of used/ pre- owned or new vehicles. The entity provides a wide variety of cars and other vehicles for leasing purpose. The list of the manufacturers/ companies of cars is huge and includes almost all the manufacturers known. Below is a document which records a leasing arrangement between a buyer of the lease and the firm advantage auto lease. The firm claims that it provides unique prices for the wide variety of cars.

Sample Advantage Auto Lease

This document is being prepared as on the 23rd of May 2010. It states that the Advantage Auto Lease is leasing a vehicle to Mr. James Mathews. The lease has been issued for a 2007 model of Lexus RX 350, white in color, 4- door SUV, plate number- CAY 234. The amount to be paid for the lease is a sum of $ 750. The lease holds for a period of 48 months.

Date of commencement of the lease: 25th May 2010

Date of expiry of the lease: 25th May 2012.

Duration of the lease: 2 years

The lease is governed by the following terms and conditions:

  • The lessee is responsible for the insurance and the repairs of the respective vehicle once the lease has been issued till the expiry of the lease.
  • On the expiry of the current lease, when the vehicle is returned the lessee may be required to pay for damages due to any accidents.
  • The amount to be paid for the lease has been mentioned and it is a onetime payment. No other payments are to be made from the lessee in favor of the owner.
  • This document is legal in nature

Signatures of the parties:

_________________________                                                 ________________________

Mr. Carmen Hopes                                                                     Mr. James Mathews

(Sales Manager, Advantage auto lease)


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