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Automobile Lease Forms

Make your Auto Lease Transaction Valid!

Legal Scales It is important to have a valid lease when leasing your automobile to a third party. Select your State to download the automobile lease form in seconds.

Automobile Lease Forms FAQ

What is a vehicle lease? A vehicle lease is similar to a long-term rental agreement. You are paying for the right to drive a vehicle purchased and owned by someone else. In most cases, you will be solely responsible for the maintenance on the vehicle, including the maintenance required to maintain warranty coverage.

What are some of the charges that may affect my lease payment? Some of the charges that may affect your lease payment are as follows:

MSRP (Manufacturer's Suggested Retail Price)
Optional Equipment Costs
Taxes, Title, License
Fee for acquiring the lease (Acquisition Fee)
Refundable security deposit
Optional Insurance/Warranty Items
Excess Mileage Charge
Excess Wear and Tear

What are my payment options? You may make an initial payment on your lease in cash or by trading in a vehicle. This payment is made before or at the time you accept delivery of the vehicle. If all or part of this amount is used to reduce the capitalized cost, it will lower your payments.

May I break my lease early? Yes, you may terminate your lease early, however, you must return the vehicle to the leasing company and you will be responsible for some or all of the remaining lease payments and in many cases a termination fee.

May I buy the leased vehicle? Your leasing company may include an option to buy the leased vehicle. A purchase option fee may be applied to the buy-out cost of the vehicle.

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