A December lease deal is one that is effected in the month of December. Sometime, a number of offers are provided to the lessee in the month of December, for example, as part of end of season sale and so on. The lessee may have to pay less in terms of monthly installments and down payments. This is usually specified by the lessor beforehand, which has led to the spurt of lease deals effected in this particular month. The normal terms and conditions which are applicable in the case of any other deal are applicable for these as well. Care should be taken to know the pros and cons of the deal.
Sample December Lease Deal
This is a lease deal effected between Jason Argine of 21 Mapleton Avenue, New Jersey [henceforth referred to as the lessee] and New Road Automobile Dealers Pvt. Ltd. of 5/1 Rexine Street, New York [henceforth referred to as the lessor], with regards to the leasing of an automobile [License plate: 77727NNG], currently valued at 2 Million USD [Please check attached documents for odometer readings]. The lease becomes valid with immediate effect from 21st December 2011. The duration of the lease is 12 months and the lease will be effectively terminated on 20th December 2012.
A monthly premium will have to be paid by the lessee of 200 USD. The initial down payment to be paid by the lessee is 3000 USD. The initial down payment is refundable and will be refunded to the lessee on completion of the lease deal. Care should be taken to understand the terms and conditions of the lease deal. In case of a contention or conflict of interest, please refer your doubts to the Sessions Court of New Jersey. Please check the attached documents for the terms and conditions of the lease deal.
Signature of lessor: _________________________
Signature of lessee: _________________________