Get Federal Consumer Leasing Act Disclosure Form

The Federal Consumer Leasing Act Disclosure Form is essential for understanding the terms of your vehicle lease. This guide provides clear instructions on how to fill out the form online, ensuring you have all the necessary information at your fingertips.

Follow the steps to complete the form effectively.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by entering the names of the lessor(s) and leasee(s) in the designated fields. Ensure that all names are spelled correctly.
3. In the 'Amount Due at Lease Signing or Delivery' section, itemize each component such as capitalized cost reduction, first monthly payment, refundable security deposit, title fees, and registration fees.
4. Complete the 'Other Charges' field with additional charges that are not part of your monthly payment.
5. In the 'Monthly Payments' area, fill out your first payment date and the amount, followed by the total number of monthly payments and their amount.
6. Calculate the total of payments in the corresponding field and double-check your calculations for accuracy.
7. Fill in the details for 'How the Amount Due at Lease Signing or Delivery will be paid', detailing the net trade-in allowance, rebates, and cash amounts.
8. Next, provide the gross capitalized cost, capitalized cost reduction, adjusted capitalized cost, residual value, depreciation, rent charge, and total base monthly payments.
9. Detail the lease term, base monthly payment, and any relevant tax information for a clear understanding of the total monthly payment.
10. Review the 'Early Termination', 'Excessive Wear and Use', and 'Purchase Option' sections, ensuring you understand the potential charges.
11. Finally, read through the 'Other Important Terms' and fill in any additional information such as official fees, insurance details, and warranties.
12. Once all fields are completed, you can save changes, download, print, or share the form.

Complete your Federal Consumer Leasing Act Disclosure Form online today.