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Auto Lease Agreement
Free auto lease agreement template for leasing a vehicle, covering monthly payments, mileage limits, and end-of-lease terms.
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This free auto lease agreement covers 1. Lease Term, 2. Payments, 3. Mileage Allowance, 4. Wear and Use, 5. End of Lease Options with 10 clearly marked [placeholder] fields to fill in — built for small businesses and individuals documenting a loan or expense putting financial terms in writing so both sides have a clear, shared record. Copy it into your own word processor, fill in the placeholders, and review it — or adapt it — before use. It's part of docstoc's free document template library, alongside business, legal, real estate, finance, and HR templates. Every template here is free to copy with no signup required, and each one carries a plain disclaimer: this is a starting point for informational purposes, not a substitute for advice from a licensed professional in your jurisdiction.
Auto Lease Agreement
Lessor: [Name/Dealership] · Lessee: [Name] Vehicle: [Year, Make, Model, VIN] · Date: [Date]
1. Lease Term
This lease runs for [Number] months, beginning [Date] and ending [Date].
2. Payments
Monthly lease payment: [Amount], due on the [Day] of each month. Due at signing: [Amount, itemized — first payment, security deposit, fees].
3. Mileage Allowance
Included mileage: [Number] miles per year. Excess mileage charged at [Amount] per mile over the limit at lease end.
4. Wear and Use
Lessee is responsible for maintaining the vehicle per manufacturer recommendations and returning it in good condition, normal wear excepted, per Lessor's wear-and-tear standards.
5. End of Lease Options
At lease end, Lessee may: [ ] return the vehicle [ ] purchase it for the residual value of [Amount] [ ] extend the lease, subject to Lessor's approval.
6. Early Termination
Terminating this lease early may result in an early termination fee of [Amount/formula], per the lease's early termination provisions.
7. Insurance
Lessee must maintain insurance meeting at least [Minimum coverage levels] for the duration of the lease.
Lessor: ______________________ Date: ____________ Lessee: ______________________ Date: ____________
*This document is provided for informational and educational purposes only and does not constitute legal advice. Federal law (the Consumer Leasing Act) requires specific standardized disclosures for consumer vehicle leases — a dealership's actual lease contract must meet these requirements, which this general outline does not replace.*
Edit directly in the box above. Download PDF anytime — the docstoc.io footer is always included and cannot be removed.
What's included
- Edit online — click the document, fill in placeholders, download a PDF
- 7 standard sections: 1. Lease Term, 2. Payments, 3. Mileage Allowance, 4. Wear and Use, 5. End of Lease Options, 6. Early Termination, …
- 10 clearly marked [placeholder] fields for quick personalizing
- Free to use — no account or signup required
- Fully editable — adjust any clause to match your actual situation
- Includes a signature block, ready to print or sign digitally
- Fixed docstoc.io footer on every PDF (not removable)
Who this template is for
Freelancers & solo founders
Handling routine business paperwork without commissioning custom legal drafting for every document.
Small businesses
Standardizing recurring documents — leases, agreements, notices — across a growing operation.
Anyone reviewing before signing
Using a clear starting structure to understand what a document should cover, even if a lawyer finalizes it.
Informal lending & reimbursements
Money changing hands between people or a business and its team, without a bank's paperwork.
FAQ
Is this auto lease agreement template really free?
Yes. Like every template in docstoc's library, this auto lease agreement is free to use, with no account or signup needed to view, edit, or download it.
What does this auto lease agreement cover?
This finance template includes 1. Lease Term, 2. Payments, 3. Mileage Allowance, 4. Wear and Use. Fill in the [bracketed] placeholders, edit any clause online, then download a PDF — the docstoc.io footer stays on every export.
Is this legal advice?
No. Financial documents like this can touch usury limits, lending disclosure rules, or tax treatment that vary by state and by amount — details a general template can't know. Have an accountant or attorney review the actual terms before money changes hands based on this.
Can I edit the wording?
Yes — edit directly on the page, adjust any section or clause, and re-fill the 10 placeholder fields to match your situation before downloading a PDF. It's a starting structure, not a rigid script.
Where can I find more free templates like this?
Browse more free finance and related document templates in the docstoc library at /document-templates/.
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