This contract can be used to lease a car or other vehicle to a consumer, but it is more likely to be used to rent out unused vehicles to another business. It is also suitable for use where the parties are members of the same group of companies and the lease is designed to redistribute profit where you want it to fall. The document is suitable for all types of vehicle, from motorbike to car and vans to forklifts.
Compliant with the latest law in
Microsoft Word DOCX Apple Pages RTF
Backed by our watertight guaranteeIf the document isn’t right for your circumstances for any reason, just tell us and we’ll refund you in full immediately.
Written in plain EnglishWe avoid legal terminology unless necessary. Plain English makes our documents easy to understand, easy to edit and more likely to be accepted.
Guidance notes includedYou don’t need legal knowledge to use our documents. We explain what to edit and how in the guidance notes included at the end of the document.
Support from our legal teamEmail us with questions about editing your document. Use our Lawyer Assist service if you’d like our legal team to check your document will do as you intend.
Up to date with the latest lawOur documents comply with the latest relevant law. Our lawyers regularly review how new law affects each document in our library.
This is a comprehensive and flexible agreement for leasing any vehicle whether new or used. The type of vehicle does not matter. The vehicle could be of any size or type, from a small car to a delivery scooter or can be a van, flatbed lorry or vehicles used for transportation.
The lease period may range from months to years. Despite whatever may be the length of term, this well drawn agreement protects the lender and the vehicle.
Using an agreement such as this one provides both sides with a record of the arrangements and the condition of the vehicle, helping to prevent and more easily resolve disputes.
To make your life easy, we have provided multiple options in many areas including responsibilities for maintenance, payment of the lease, options for buy-out at the end of lease, and options to extend.
By and large, you can set the terms you want, particularly the commercial ones.
The document should be edited so that it reflects exactly how your business works. Our guidance notes will tell you what you can change safely, and what we don't advise changing.
This agreement can be used by any person, business or other organisation to lease to a business or individual.
Examples of use might be:
Because this contract is exempt from consumer regulations, we have taken the advantage to include all the commercial provisions you may need.
As this agreement is exempt from the Consumer Contracts (ICAC) Regulations 2013, the terms are based on common law that deals with the basics of contracts: offer, acceptance, price and payment, provision of service, liabilities and risk.
However, we have included provisions allowing you to comply with Supply of Goods and Services Act 1982.
This document can not be used as a consumer hire agreement under the Consumer Credit Act 1974.
This agreement is extremely comprehensive. It has been drawn in plain English for maximum flexibility and ease of use.
Key features are:
Use a business equipment lease agreement to rent any type of office equipment to another business.
It could be used by a director or shareholder lending to his own business, a professional leasing business renting on a commercial basis, a business that wants to make good use of spare equipment, or as a record of within a group of related companies.
It is suitable for any type of equipment, from mobile phones, to computer hardware, to furniture. The document is suitable for both long and short term loans.
We are happy to answer any questions you have. Arrange for us to call you.
