Toyota Lease Deal

By | December 17, 2011

A Toyota lease deal is a document which outlines the nature of the transaction between the lessor and the lessee as regards a Toyota vehicle for a certain stipulated period of time. Such a document is a legal document and it must be given the respect it deserves. It should be watertight and unambiguous. The terms and conditions governing the Toyota lease deal must be mentioned clearly and without any confusion. All information that pertains to the transaction must be mentioned.

Sample Toyota Lease Deal:

The following document is a Toyota lease deal affected between Car at Ease, Delight Street, London [henceforth referred to as the lessor] and Simone Rogers of 45 New Wood Road, London [henceforth referred to as the lessee]. The car to be leased is a Toyota Etios, with a license plate number TEN376474, and a registration certificate numbered 346765734. The car shall be used for personal use only, and any damage incurred by the lessee shall be paid for by the lessee himself.

The duration of the Toyota lease deal is two months, starting from 2nd June 2011 to 2nd August 2011. A grace period of three days is allowed to the lessee, within which the car must be returned to the office of the dealer or lessor, failing which additional charges will be levied against the lessee. The lessee shall pay a refundable security deposit of 1000USD and rental charges are at the rate of 10 USD per hour.

Signature of lessor: ___________________________

Signature of lessee: ___________________________

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