HomeMy WebLinkAboutDELLENBACH MOTORS - CONTRACT - LEASE PURCHASE AGREEMENT - CHEVY 2003 ASTRO 8399VEHICLE
Lessor.
Lessee:
GREEMENT
OELLENBACH MOTORS
SED-END
PO BOX 271065
CITY OF FORT COLLINSY
FMOTOR
PAYMENTS
FT. COLLINS CO.
N MASON
80527
�215
DL>F - COLLINS CO. 80521
Lease Arranger (if applicable):
State: Date DL issued:
Lessee:
Lease Date
DL#
State: Date DL issued:
... ...... vcnn.�c: Xxrvew LJ Used
Make
Additional Description:
2. DEFINITIONS: "You," "your" and "Lessee" mean each person or legal entity, l'ointly and individually, who signs this LBe Arranger, if one is identified aboveease agreement as the "Lessee." "We,",
our,' "us" and "Lessor' mean the Lessor who signs this Lease agreement and Its successors and assigns. The Lea
helped arrange this Lease, but is not a party to the actual Lease contract. Disclosures in this Lease are made on behalf of the Lessor and any Lease Arranger.
3. AGREEMENT TO LEASE: You agree to lease the motor vehicle described in section 1 ("Vehicle') from us according to the terms included on all three ppages
of this lease agreement ("Lease"). The Federal Consumer Leasing Act Disclosures are also contract terms of this Lease agreement except for sections 7, 8(b)
and 10 which are made for disclosure purposes only.
Federal Cnnslrmor I anoinn AM
4. Amount Due
S. Monthly Payments
••vJ � VrJYrVJY1 GJ
6. Other Charges
at Lease Signing
or Delivery
Your first Monthly Payment of $ 738 A5
(not part of your Monthly Payment)
7. Total of Payments
(The amount you will
(Itemized Below)'
is due on 09-..25 8a , followed by
Disposition Fee (if you do
have paid by the end of
23 payments of $ 7_38, 45
not purchase the Vehicle) $ _NSA
the Lease)
due on the 2 5TH day of each month beginning
$
. The total of your
$
$ 747 - Q5
Monthly Payments is $ Gov--- 1 7722 on -
Total$ N��_
$ 17;132 30,
8.. Itemization of Amount Due at Lease Signing or Delivery
(a) Amount Due At Lease Signing or Delivery: (b) How the Amount Due at Lease Signing or Delivery Will Be Paid:
(1) Capitalized Cost Reduction $ N/A (1) Net trade-in allowance $_XZA
(2) First Monthly Payment 71845 (2) Rebates and noncash credits hj/A
(3) Refundable Security Deposit Db4A (3) Amount to be paid in cash 747.95
(4) Title fees 9 - 59 (4) Total $ 747.95
(5) Registration fees NIA
(6)
(7)
(8)
(9) Total $ 747.96
9. Your Monthly Payment is Determined as Shown Below:
(a) Gross Capitalized Cost. The agreed upon value of the Vehicle ($ 216600.00— ) and any items you pay
over the Lease Term (such as service contracts, insurance and any outstanding prior credit or lease balance) .......................... $
--
If you want an itemization of this amount, please initial here:—J (Lessee initials)
(b) Capitalized Cost Reduction. The amount of any net trade-in allowance, rebate, noncash credit or cash
you pay that reduces the Gross Capitalized Cost ................................................
_N/A
(c) Adjusted Capitalized Cost. The amount used in calculating your Base Monthly Payment.......................................................... = 26600.0
(d) Residual Value. The value of the Vehicle at the end of the Lease used in calculating your Base Monthly Payment .............................. -
--
(e) Depreciation And Any Amortized Amounts. The amount charged for the Vehicle's decline in value through
normal use and for other items paid over the Lease Term ................................................. _
14600.99 --
(f) Rent Charge. The amount charged in addition to the Depreciation And Any Amortized Amounts
................................................ + 3122 - 8Q
(g) Total of Base Monthly Payments. The Depreciation And Any Amortized Amounts plus the Rent Charge .................................. _
17722 - 80
(h) Lease Payments. The number of payments in your Lease. This is also the number of months in your Lease ("Lease Term").... + 24
(i) Base Monthly Payment. .............................................................................................................................................................. -
-738:4g
G) Monthly Sales/Use Tax.................................................................................................................................................................
(k) + —
............ +
(m) Total Monthly Payment . ..................................
............................................ .............................................................................. _ $ 788-�
. Early Termination. You may have to pay a substantial charge if you end this Lease early. The charge may be un to several
thousand dollars The actual charge will depend on when the Lease is terminated. The earlier you end the Lease, the greater
this charge is likely to be.
r
11. Excessive Wear and Use. You may be charged for excessive wear based on our standards for normal use and for mileage in excess of 30000
miles per year at the rate of - 1 S per mile (EXCESS MILEAGE CHARGE).
12. Purchase Option at End of Lease Term.
❑ You do not have an option to purchase the Vehicle at the end of the Lease Term.
❑ You have an option to purchase the Vehicle at the end of the Lease Term for $
}2eee. e8 plus the following additional costs and fees:
This purchase option price does not include official fees such as for taxes, tags, licenses and registration, which you will also be required to pay.
13. Other Important Terms. See your Lease documents for additional information on early termination, purchase options and maintenance responsibilities,
warranties, late and default charges, insurance and any security interest, if applicable.
"e" means estimate
•.w n yo- uu not meet your contract obligations, you may lose the Vehicle and the right to use it under this Lease.
AK, OR and SD Notice: If this Lease is for a consumer purpose, then this Lease is CONSUMER PAPER.
14. DESCRIPTION OF TRADE-IN: Make:
Outstanding Prior Credit or Lease Balance on Trade -In (if any) $
Year:
Model:
Page 1 of 3'
Consumer or Business Purpose True lease/Initial term over 4 months
E2� 0 1997 Bankers Systems, Inc., St, cloud, MN Form MVL-CE-MP 1W25/2MIl