HomeMy WebLinkAboutDELLENBACH - CONTRACT - LEASE PURCHASE AGREEMENT - CHEVY TRUCK 2003 7146MOTOR VEHICLE
Lessor: ULLLLNHALN NOIOHS
Lessee: I,l l i Of FUNI LOLLINS
LEASE AGREEMENT
PO BOX Z/I05b
Z15 N MASUN PUB 580
CLOSED -END
I CULLINS CU 805Z/
WRT LOLLINS LO 805ZZ
MONTHLY PAYMENTS
OLa
State: NIA Date DL issued:
Lease Arranger (If applicable):
Lessee:
Lease Date
DLa
State: Date DL issued:
1. DESCRIPTION OF LEASED VEHICLE: 0 New ❑ Used
Make I Year ,,,,., Model Body Style
2. DEFINITIONS: "You," "your' and "Lessee" mean each person or legal entity, I'ointly and individually, who signs this Lease agreement as the "Lessee." "We,"
our" "ue' and "Lessor mean the Lessor who signs this Lease agreement antl its successors and assigns. The Lease Arranger, if one Is identified above,
helped arrange this Lease, but is not a parry 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 induced on all three ooagas
Of this lease agreement ("Lease"). The Federal Consumer Leasing Ad Disclosures are also contract terms of this Lease agreement except for sections 7, l(b)
and 10 which are made for disclosure purposes only.
Federal Consumer Leasino Act Disclosures
4. Amount Due
5. Monthly Payments
6. Other Charges
7. Total of Payments
at Lease Signing
Your first Monthly Payment of $ / 15.99
(not part of your Monthly Payment)
(The amount you will
or Delivery
is due on 121 ZOIO2 , followed by
Disposition Fee (if you do
have paid by the end of
the Lease)
(Itemized Below)'
Z3.4}nents Of $ /15 99
not purchase the Vehicle) $ q(10 fill
due on the 20th day of each month beginning
$ MIA
01/20/03 . The total of your
$ N/A
g L?5.49
Monthly Payments is $ 17I83. %5.
Total $ 300 Of)
$ 17441 9K
S. - 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 $ NIA.
(2) First Monthly Payment 715.99 (2) Rebates and former credits NIA
(3) Refundable Security Deposit N/A (3) Amount to be paid in cash 125, 49
(4) Title fees N/A f4) Total $ 725 49
(5) Registration fees N/A
(6) N/A
(7) N/A
(8) 01 UPFRONT Fli AXIS 9 5O
(9) Total $ /25 49
9. Your Monthly Payment Is Determined as Shown Below:
(a) Gross Capitalized Cost. The agreed upon value of the Vehicle ($ 2&090 SO I 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: 0 (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 _ ............ ............... -........ ._...... -.... ........ ........... ...... ............ ................ .... ....... - MIA
(c) Adjusted Capitalized Cost. The amount used in calculating your Base Monthly Payment, ............... ............ - ..... ........ ............. . _ 21 (IN
(it) Residual Value. The value of the Vehicle at the end of the Lease used in calculating your Base Monthly Payment...... -
(a) Depreciation 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.. .... -...... .............. ........ .................. .... -..... ...... ............. ......... ................. = 1 A 1 Nn "Of)
(f) Rent Charge. The amount charged in addition to the Depreciation And Any Amortized! Amounts ........... ..... - .............. ...... .... .... + q(ll /G
(g) Total of Base Monthly Payments. The Depreciation And Any Amortized Amounts plus the Rent Charge...... ..... ....... ...... ....... = 1 71 Rq '/A
(h) Lease Payments. The number of payments in your Lease. This is also the number of months in your Lease ("Lease Term").... + 211
illBase Monthly Payment . ........... ........ ............. ....... .... ...... .......... ......... ...... .... ._................. _.........-...... ...... ................................. . _ /IF qq
G) Monthly Sales/Use Tax.._...._ ........ ......................... .......... ..-...... _.................... ......................................................... ...... .......... . + NJA/A
(k) .... I....... + Y/A
+
(1) ............
(m) Total Monthly Payment. ........................ - ............ ...... ..... ............... .. ...... .............................................. - = $ 715g9
10. Early Termination. You may have to pay a substantial charge if you end this Lease early. The charge may be up to several
thousand dollars. The actual charge will depend on when the Lease is terminated. The earlier you and the Lease, the greater
this charge is likely to be.
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
miles per year at the rate of 30000 per mile (EXCESS MILEAGE CHARGE).
12. Purchase Option at End of Lease Term.
Cfl 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 and of the Lease Term for It NIA 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
PA Notice: If you do not meet your contract obligations, you may lose the Vehicle and the right to use it under this Lease.
APE
Aft, OR and SD Notice: If this Lease is for a consumer purpose, then this Lease is CONSUMER PR.
14. DESCRIPTION OF TRADE-IN: Make: Year: Model:
Outstanding Poor Credit or Lease Balance on Trade -In (if any) $ NIA
Consumer or Business Purpose True leawInitial term over 4 months..
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