MOTOR VEHICLE LEASE AGREEMENT – CLOSED-END
Multistate_CC-LSG_60620-0_021920
5. **ITEMIZATION OF AMOUNT DUE AT LEASE SIGNING OR DELIVERY
A. AMOUNT DUE AT LEASE SIGNING OR DELIVERY
(1) Capitalized Cost Reduction $ ______________
(2) First Monthly Payment
$ ______________
(3) Single Payment
$ ______________
(4) Refundable Security Deposit
$ ______________
(5) Title Fees
$ ______________
(6) Registration Fees
$ ______________
(7) License Fees
$ ______________
(8) Upfront Sales/Use Tax
$ ______________
(9) Capitalized Cost Reduction Tax
$ ______________
(10) Acquisition Fee
$ ______________
(11) Dealer Documentation/Service Fee***
$ ______________
(12) _______________________________________
$ ______________
(13) _______________________________________
$ ______________
(14) TOTAL
$ ______________
B. HOW THE AMOUNT DUE AT LEASE SIGNING OR DELIVERY WILL BE PAID:
(1) Net Trade-in Allowance (if positive) $ ______________
(2) Rebates and Noncash Credits
$ ______________
(3) Amount to be Paid in Cash
$ ______________
(4) TOTAL
$ ______________
6. YOUR MONTHLY OR SINGLE PAYMENT IS DETERMINED AS SHOWN BELOW
A. GROSS CAPITALIZED COST. The Agreed Upon Value of the
Vehicle ( $________________ ) and any items you pay for
over the Lease Term (such as service contracts, insurance, and
outstanding prior credit or lease balance)
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
C. ADJUSTED CAPITALIZED COST. The amount used in
calculating your Base Monthly Payment or Base Single Payment
D. RESIDUAL VALUE. The value of the Vehicle at the end of the
Lease used in calculating your Base Monthly Payment or Base
Single 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
$ ����������
–
$ ����������
=
$ ����������
–
$ ����������
=
$ ����������
F. RENT CHARGE. The amount charged in addition to the
Depreciation and any Amortized Amounts
G. TOTAL OF BASE MONTHLY PAYMENTS OR SINGLE PAYMENT.
The Depreciation and any Amortized Amounts plus the Rent Charge
H. LEASE PAYMENTS. The number of payments in your Lease
I. BASE MONTHLY PAYMENT OR BASE SINGLE PAYMENT
J. SALES/USE TAX
K. ______________________________________________
L. ______________________________________________
M. TOTAL MONTHLY PAYMENT (“MONTHLY PAYMENT”)
OR TOTAL SINGLE PAYMENT (“SINGLE PAYMENT”)
+
$ ����������
=
$ ����������
÷ ����������
=
$ ����������
+
$ ����������
+
$ ����������
+
$ ����������
=
$ ����������
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 end the Lease, the greater this charge is likely to be.
7. ExCESSIVE WEAR AND USE. You may be charged for excessive wear based on our standards for normal use and for mileage in excess of your contracted mile amount (“RegularMileage”,
plus Additional Miles), at $ __________________ per mile. The “Regular Mileage” shall be __________________ miles per year. You have the option topurchase miles at Lease signing.
You hereby agree to purchase __________________ miles at $ __________________ per mile (“Additional Miles”). Amounts paid for Additional Miles that are not used upon termination
of this Lease shall not be refundable.
8. PURCHASE OPTION AT THE END OF LEASE TERM. You have an option to purchase the Vehicle at the end of the Lease Term for (i) the Residual Value, plus (ii) any past due
Monthly Payments and any other amount due under this Lease, plus (iii) official fees and taxes, plus (iv) a $350 purchase option fee (the “Purchase Option Fee”), plus (v) a document or
other administrative fee that may be charged by the dealer or third party processing such purchase, up to the maximum allowed by applicable state law. Please contact your preferred
dealer for the amount of such document or other administrative fee.
9. PURCHASE OPTION PRIOR TO THE END OF LEASE TERM. You have an option to purchase the Vehicle prior to the end of the Lease Term for (i) the Residual Value, plus
(ii) any past due Monthly Payments and any other amount due under this Lease, plus (iii) official fees and taxes, plus (iv) the Base Monthly Payment multiplied by the number of Base
Monthly Payments not yet due (only if this is a Monthly Payment Lease), plus (v) a document or other administrative fee that may be charged by the dealer or third party processing
such purchase, up to the maximum allowed by applicable state law, minus (vi) unearned Rent Charges calculated according to the actuarial method, plus (vii) the Purchase Option Fee
described on Section 8 above. Please contact your preferred dealer for the amount of the document or other administrative fee.
10. OTHER IMPORTANT TERMS. See both sides of this Lease for additional information on early termination, purchase options and maintenance responsibilities, warranties, late
and default charges, insurance, and any security interest, if applicable.
FEDERAL CONSUMER LEASING ACT DISCLOSURES
1. AMOUNT DUE AT
LEASE SIGNING
OR DELIVERY
(Itemized Below)**
$ _______________
2. MONTHLY OR SINGLE PAYMENT
A. Your first Monthly Payment of $
is due on
followed by
payments of $ due on the
of each month, starting on .
B. The total of your Monthly Payments is $
.
C. If this is a Single Payment Lease, your Single Payment of $
is due on which is at Lease Signing or Delivery.
3. OTHER CHARGES
(not part of your Monthly Payment or Single
Payment)
A. Disposition Fee (if you
do not purchase the
Vehicle) $
B. Total $
4. TOTAL OF PAYMENTS
(The amount you will have
paid by the end of the Lease)
$ ___________________
(Sum of Sections 1, 2.B or
2.C (as applicable) and 3.B,
minus Sections 5.A.2 or 5.A.3
(as applicable) and 5.A.4)
LEASE PARTIES
Lessee Vehicle Garaging Address Lessor (Dealer)
Co-Lessee
LEASED VEHICLE (“VEHICLE”)
NEW
DEMO
YEAR MAKE MODEL BODY STYLE VEHICLE IDENTIFICATION NUMBER ODOMETER READING
Vehicle is to be used primarily for Personal, Family or Household purposes
Business, Commercial or Agricultural purposes
TRADE-IN VEHICLE AND ALLOWANCE
Year
Make
Model
VIN
Owned Leased
Gross Amount of Trade-In Allowance $
Prior Credit or Lease Balance $
Net Trade-In Allowance = $
NATURE OF LEASE
This is an agreement to lease the Vehicle. This Motor Vehicle Lease Agreement (“Lease”), between the undersigned lessee(s) (“Lessee”) and the undersigned lessor (“Lessor”) whose names
and addresses are listed above provides agreed terms and conditions in connection with the lease of the Vehicle. As used in this Lease, the words “you” or “your” refer to the Lessee and “us” or
“our” refer to the Lessor (or its successors and assigns). You agree to lease the Vehicle from us according to the terms of this Lease. If more than one Lessee signs this Lease, each Lessee may
be held individually liable for the entire amount owing under this Lease. Please note this is a Lease, and not a purchase agreement. Therefore, we own the Vehicle.
LEASE DATE:
LEASE TERM:
MONTHS SINGLE PAYMENT LEASE: SIGN AND DRIVE LEASE*:
(check if applicable) (check if applicable)
* If this is a Sign and Drive Lease, CCAP Auto Lease Ltd. will pay the first Monthly Payment described in Section 2.A below.
SEE OTHER SIDE FOR ADDITIONAL TERMS AND CONDITIONS
18. SIGNATURES
CONSUMER LESSEE(S) SIGNATURE(S)
Lessee Signature Co-Lessee Signature
BUSINESS LESSEE SIGNATURE
Authorized Signer Name (Print) Title Signature
LESSOR SIGNATURE AND ASSIGNMENT
By signing below, Lessor identified above agrees to the following: (1) Lessor accepts this Lease; (2) Lessor assigns all right, title and interest in this Lease and the Vehicle to CCAP Auto Lease Ltd.
(“Assignee”) under the terms of the Chrysler Capital Non-Recourse Master Dealer Agreement in effect as amended from time to time. Lessor acknowledges that Lessor is not an agent of Assignee
or its servicer and that neither the Chrysler Capital Non-Recourse Master Dealer Agreement nor this assignment makes Lessor an agent of Assignee or its servicer.
Lessor Signature Lessor Representative Name Title
11. ITEMIZATION OF GROSS CAPITALIZED COST
A. Agreed Upon Value of the Vehicle
$ _______________
B. License/registration/title fees
+
$ _______________
C. Sales/Use tax
+
$ _______________
D. Net Trade-In Allowance (if negative)
+
$ _______________
E. Optional service contract
+
$ _______________
F. Optional maintenance contract
+
$ _______________
G. Acquisition fee
+
$ _______________
H. Dealer Documentation/Service Fee***
+
$ _______________
I. __________________________________________
+
$ _______________
J. __________________________________________
+
$ _______________
K. __________________________________________
+
$ _______________
L. __________________________________________
+
$ _______________
M. Total = Gross Capitalized Cost
=
$ _______________
*** NOTICE TO FLORIDA LESSEES: This charge represents costs and profit to the dealer for items such as inspecting, cleaning, and adjusting vehicles, and preparing documents
related to the sale or lease.
*** NOTICE TO MISSISSIPPI LESSEES: A DOCUMENT/SERVICE FEE IS NOT AN OFFICIAL FEE AND IS NOT REQUIRED BY LAW, HOWEVER, IT MAY BE CHARGED TO A BUYER/LESSEE FOR THE
PREPARATION, HANDLING AND PROCESSING OF DOCUMENTS AND THE PERFORMANCE OF SERVICES RELATED TO THE SALE OR LEASE OF A MOTOR VEHICLE AND MAY INCLUDE DEALER
PROFIT. THIS NOTICE IS REQUIRED BY REGULATION OF THE MISSISSIPPI MOTOR VEHICLE COMMISSION.
12. OFFICIAL FEES AND TAxES
You will pay when due all government license, title, registration, testing, and inspection fees and taxes for the Vehicle whether included in your Monthly or Single Payment or in other amounts paid
to Lessor. You will pay all taxes due under the Lease or related to the Vehicle that the government levies against you, the Vehicle, or the Lessor, even if they become due after the end of the Lease.
Your Monthly Payment may change if taxes or fees change and you may be separately billed for taxes and fees.
Estimated Official Fees and Taxes You Must Pay During the Lease. The total amount Lessor estimates that you will pay for official and license fees, registration, title, and taxes over the Lease
Term, whether included with your Monthly or Single Payment or assessed otherwise: $ ______________________. The actual total of official fees and taxes may be higher or lower depending
on the tax rates in effect, the location or the value of the Vehicle when a fee or tax is assessed.
13. INSURANCE
NO PHYSICAL DAMAGE OR LIABILITY INSURANCE COVERAGE FOR BODILY INJURY OR PROPERTY DAMAGE CAUSED TO OTHERS IS INCLUDED IN THIS LEASE. As a result, you are liable for
any physical damage to the Vehicle and any bodily injury, death, personal injury or property damage arising out of your or any person’s use of the Vehicle. You agree to maintain in full force and
effect primary and noncontributory insurance with at least the following minimum limits and coverage during the Lease Term and until the Vehicle is returned to us: (1) Liability insurance required
by applicable state law, including any no-fault and uninsured motorist law; (2) Collision insurance with limits no less than actual value of the Vehicle with a maximum deductible of $1,000; (3)
Comprehensive insurance including perils of fire, weather, vandalism and theft, with limits no less than actual value of the Vehicle with a maximum deductible of $1,000; and (4) you must be listed
as an insured on the insurance policy. You understand that the insurance policy must provide CCAP Auto Lease Ltd. with primary coverage as an additional insured on Item (1) and as
loss payee on Items (2) and (3). The policy must state that CCAP Auto Lease Ltd. will be given at least 10 days’ notice of any cancellation, nonrenewal, limit reductions or material
coverage changes. You agree to buy the insurance from an insurance company reasonably acceptable to CCAP Auto Lease Ltd. and to furnish CCAP Auto Lease Ltd. with initial and
renewal certificates of insurance evidencing coverage.
NOTICE TO FLORIDA LESSEES: The valid and collectible liability insurance and personal injury protection insurance of any authorized rental or
leasing driver is primary for the limits of liability and personal injury protection coverage required by ss. 324.021(7) and 627.736, Florida Statutes.
14. VEHICLE WARRANTIES
The Vehicle is covered by the manufacturer’s standard new car warranty. LESSOR LEASES THE VEHICLE TO YOU “AS IS”, EXCEPT AS PROVIDED IN THIS LEASE AND (UN
LESS PROHIBITED BY
LAW) LESSOR MAKES NO EXPRESS OR IMPLIED WARRANTIES OR REPRESENTATIONS AS TO THE VEHICLE’S (OR ANY OF ITS PARTS OR ACCESSORIES) CONDITION, MERCHANTABILITY,
SUITABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE AND LESSOR MAKES NO OTHER REPRESENTATIONS OR WARRANTIES WHATSOEVER. If this Lease is entered into in Kansas, Maine,
Massachusetts, Mississippi, Vermont (if the Vehicle is new) or West Virginia, Lessor does not disclaim any implied warranty of merchantability or fitness for any particular purpose.
15. OPTIONAL INSURANCE AND ADDITIONAL PRODUCTS
You are not required to purchase any of the insurance, contracts, agreements or products listed in this Section in order to lease the Vehicle. Your decision to buy them is not a factor in
our decision to approve this Lease. We will obtain any optional insurance coverage(s) that you initial below. A notice you receive when you sign this Lease describes the coverage(s) in greater
detail. Life insurance and disability insurance may not cover taxes and other amounts due besides the Base Monthly Payments.
Optional Product Charge or Premium Coverage Provider Term By initialing below you indicate that you elect to purchase the Optional Product
Service Contract
$ /
✔
Lessee/Co-Lessee Initials
Maintenance Contract
$ /
✔
Lessee/Co-Lessee Initials
Wear and Tear
$ /
✔
Lessee/Co-Lessee Initials
Other
$ /
✔
Lessee/Co-Lessee Initials
Other
$ /
✔
Lessee/Co-Lessee Initials
16. COMMUNICATIONS WITH LESSEE
A. CONSENT TO MONITOR AND RECORD PHONE CALLS. To ensure that Lessee’s inquiries are handled promptly, courteously, and accurately, some of the phone calls between you and us or
any of our affiliates, agents, assigns and service providers, may be monitored and recorded by us and any of our affiliates, agents, assigns and service providers, to enhance service to you.
You consent to this monitoring and recording.
B. SERVICING AND COLLECTION CALLS. You agree that, in order for us to service this Lease or to collect any amounts you owe, Lessor may make calls and/or send text messages to you at
any telephone number(s) that you have provided to us, now or in the future, including wireless telephone numbers that could result in charges to you. The manner in which these calls or text
messages are made to you may include, but is not limited to, the use of prerecorded/artificial voice messages and/or automatic telephone dialing system. You further agree that in order for
us to service this Lease or to collect any amounts you owe, that Lessor may send e-mails to you at any e-mail address you provide us or use other electronic means of communication to the
extent permitted by law.
17. NOTICES
NOTICE: If you do not meet your Lease obligations, you may lose the Vehicle. AK, OR and SD Notice: If this Lease is for a consumer purpose, then this Lease is CONSUMER PAPER.
THIS IS A LEASE AGREEMENT. THIS IS NOT A PURCHASE AGREEMENT. PLEASE REVIEW THESE MATTERS CAREFULLY AND
SEEK INDEPENDENT PROFESSIONAL ADVICE IF YOU HAVE ANY QUESTIONS CONCERNING THIS TRANSACTION. YOU ARE
ENTITLED TO AN EXACT COPY OF THE AGREEMENT YOU SIGN.
NOTICE TO MICHIGAN LESSEES: The Early Termination Liability (Section 22) as determined by Lessor may be different than the actual cash value of the Vehicle as determined by the insurer of the
Vehicle. Except to the extent that the GAP Waiver in Section 28 applies, Lessee is responsible for the amount by which the Early Termination Liability exceeds the proceeds from the insurer of the Vehicle.
Lessee’s Initials
✔ Co-Lessee’s Initials ✔
THIS LEASE CONTAINS THE ENTIRE AGREEMENT BETWEEN YOU AND US. No agreements exist between you and Lessor except as set forth in this Lease. The agreement between the parties
may only be modified by a writing signed by you and Lessor, except that at the end of the original Lease Term the Lease may be extended by agreement at our discretion for a period not to exceed six
(6) months. No course of performance will modify the agreement between the parties or constitute a waiver of any right under this Lease.
Lessee’s Initials
✔ Co-Lessee’s Initials ✔
NOTICE: (1) BY SIGNING BELOW, YOU AGREE TO ALL THE PROVISIONS ON BOTH SIDES OF THIS LEASE. (2) YOU ACKNOWLEDGE THAT YOU HAVE READ THE ENTIRE LEASE,
INCLUDING THE REVERSE SIDE. (3) YOU ACKNOWLEDGE THAT YOU HAVE RECEIVED A COMPLETELY FILLED-IN COPY OF THIS LEASE AND OF ANY OTHER AGREEMENTS,
POLICIES OR CERTIFICATES THAT YOU SIGNED OR AGREED TO PURCHASE. (4) YOU AGREE THAT YOU HAVE READ THE ARBITRATION PROVISION ON THIS LEASE,
INCLUDINGTHE METHOD FOR OPTING OUT, AND YOU AGREE TO ARBITRATE ALL CLAIMS IN ACCORDANCE WITH THE ARBITRATION PROVISION IN SECTION 30.
NOTICE TO CONSUMER: 1. Do not sign this agreement before you read it. 2. You are entitled to a copy of this agreement.
©2020 Chrysler Capital. Chrysler Capital is a registered trademark of FCA US LLC and licensed to Santander Consumer USA Inc. Lease agreements are owned by CCAP Auto Lease Ltd. and serviced by Chrysler Capital.
Multistate_CC-LSG_60620-0_021920_Rd1.indd 1 2/19/20 7:30 PM
X
2020
MAKE
MODEL
STYLE
XXXXXXXXXXXXXXXXX
10
X
N/A
N/A
N/A
10/01/20
36
X
24,181.51
N/A
N/A
N/A
N/A
N/A
N/A
N/A
20,268.96
10/01/20
395.00
395.00
23,726.51
N/A
N/A
20,268.96
850.00
13.00
89.55
N/A
2,365.00
N/A
595.00
N/A
N/A
N/A
24,181.51
N/A
N/A
24,181.51
24,181.51
37,840.00
37,840.00
0.00
37,840.00
18,000.00
19,840.00
428.88
20,268.96
1
20,268.96
0.00
N/A
N/A
20,268.96
0.25
N/A N/A
15,000
37,840.00
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
37,840.00
2,454.55
N/A
N/A
N/A
N/A
N/A
123 Main St.
Dallas, TX 75247
Dealer Name
Dealer Address
City, State Zip
Applicant Name
123 Main St. Dallas, TX 75247
Co-Applicant Name
123 Main St. Dallas, TX 75247
Single Pay Example
Continued on page 2
SAMPLE
MOTOR VEHICLE LEASE AGREEMENT – CLOSED-END
Multistate_CC-LSG_60620-0_021920
5. **ITEMIZATION OF AMOUNT DUE AT LEASE SIGNING OR DELIVERY
A. AMOUNT DUE AT LEASE SIGNING OR DELIVERY
(1) Capitalized Cost Reduction $ ______________
(2) First Monthly Payment
$ ______________
(3) Single Payment
$ ______________
(4) Refundable Security Deposit
$ ______________
(5) Title Fees
$ ______________
(6) Registration Fees
$ ______________
(7) License Fees
$ ______________
(8) Upfront Sales/Use Tax
$ ______________
(9) Capitalized Cost Reduction Tax
$ ______________
(10) Acquisition Fee
$ ______________
(11) Dealer Documentation/Service Fee***
$ ______________
(12) _______________________________________
$ ______________
(13) _______________________________________
$ ______________
(14) TOTAL
$ ______________
B. HOW THE AMOUNT DUE AT LEASE SIGNING OR DELIVERY WILL BE PAID:
(1) Net Trade-in Allowance (if positive) $ ______________
(2) Rebates and Noncash Credits
$ ______________
(3) Amount to be Paid in Cash
$ ______________
(4) TOTAL
$ ______________
6. YOUR MONTHLY OR SINGLE PAYMENT IS DETERMINED AS SHOWN BELOW
A. GROSS CAPITALIZED COST. The Agreed Upon Value of the
Vehicle ( $________________ ) and any items you pay for
over the Lease Term (such as service contracts, insurance, and
outstanding prior credit or lease balance)
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
C. ADJUSTED CAPITALIZED COST. The amount used in
calculating your Base Monthly Payment or Base Single Payment
D. RESIDUAL VALUE. The value of the Vehicle at the end of the
Lease used in calculating your Base Monthly Payment or Base
Single 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
$ ����������
–
$ ����������
=
$ ����������
–
$ ����������
=
$ ����������
F. RENT CHARGE. The amount charged in addition to the
Depreciation and any Amortized Amounts
G. TOTAL OF BASE MONTHLY PAYMENTS OR SINGLE PAYMENT.
The Depreciation and any Amortized Amounts plus the Rent Charge
H. LEASE PAYMENTS. The number of payments in your Lease
I. BASE MONTHLY PAYMENT OR BASE SINGLE PAYMENT
J. SALES/USE TAX
K. ______________________________________________
L. ______________________________________________
M. TOTAL MONTHLY PAYMENT (“MONTHLY PAYMENT”)
OR TOTAL SINGLE PAYMENT (“SINGLE PAYMENT”)
+
$ ����������
=
$ ����������
÷ ����������
=
$ ����������
+
$ ����������
+
$ ����������
+
$ ����������
=
$ ����������
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 end the Lease, the greater this charge is likely to be.
7. ExCESSIVE WEAR AND USE. You may be charged for excessive wear based on our standards for normal use and for mileage in excess of your contracted mile amount (“RegularMileage”,
plus Additional Miles), at $ __________________ per mile. The “Regular Mileage” shall be __________________ miles per year. You have the option topurchase miles at Lease signing.
You hereby agree to purchase __________________ miles at $ __________________ per mile (“Additional Miles”). Amounts paid for Additional Miles that are not used upon termination
of this Lease shall not be refundable.
8. PURCHASE OPTION AT THE END OF LEASE TERM. You have an option to purchase the Vehicle at the end of the Lease Term for (i) the Residual Value, plus (ii) any past due
Monthly Payments and any other amount due under this Lease, plus (iii) official fees and taxes, plus (iv) a $350 purchase option fee (the “Purchase Option Fee”), plus (v) a document or
other administrative fee that may be charged by the dealer or third party processing such purchase, up to the maximum allowed by applicable state law. Please contact your preferred
dealer for the amount of such document or other administrative fee.
9. PURCHASE OPTION PRIOR TO THE END OF LEASE TERM. You have an option to purchase the Vehicle prior to the end of the Lease Term for (i) the Residual Value, plus
(ii) any past due Monthly Payments and any other amount due under this Lease, plus (iii) official fees and taxes, plus (iv) the Base Monthly Payment multiplied by the number of Base
Monthly Payments not yet due (only if this is a Monthly Payment Lease), plus (v) a document or other administrative fee that may be charged by the dealer or third party processing
such purchase, up to the maximum allowed by applicable state law, minus (vi) unearned Rent Charges calculated according to the actuarial method, plus (vii) the Purchase Option Fee
described on Section 8 above. Please contact your preferred dealer for the amount of the document or other administrative fee.
10. OTHER IMPORTANT TERMS. See both sides of this Lease for additional information on early termination, purchase options and maintenance responsibilities, warranties, late
and default charges, insurance, and any security interest, if applicable.
FEDERAL CONSUMER LEASING ACT DISCLOSURES
1. AMOUNT DUE AT
LEASE SIGNING
OR DELIVERY
(Itemized Below)**
$ _______________
2. MONTHLY OR SINGLE PAYMENT
A.
Your first Monthly Payment of $ is due on
followed by payments of $ due on the
of each month, starting on .
B. The total of your Monthly Payments is $ .
C. If this is a Single Payment Lease, your Single Payment of $
is due on which is at Lease Signing or Delivery.
3. OTHER CHARGES
(not part of your Monthly Payment or Single
Payment)
A. Disposition Fee (if you
do not purchase the
Vehicle) $
B. Total $
4. TOTAL OF PAYMENTS
(The amount you will have
paid by the end of the Lease)
$ ___________________
(Sum of Sections 1, 2.B or
2.C (as applicable) and 3.B,
minus Sections 5.A.2 or 5.A.3
(as applicable) and 5.A.4)
LEASE PARTIES
Lessee Vehicle Garaging Address Lessor (Dealer)
Co-Lessee
LEASED VEHICLE (“VEHICLE”)
NEW
DEMO
YEAR MAKE MODEL BODY STYLE VEHICLE IDENTIFICATION NUMBER ODOMETER READING
Vehicle is to be used primarily for Personal, Family or Household purposes Business, Commercial or Agricultural purposes
TRADE-IN VEHICLE AND ALLOWANCE
Year Make
Model
VIN
Owned Leased
Gross Amount of Trade-In Allowance $
Prior Credit or Lease Balance $
Net Trade-In Allowance = $
NATURE OF LEASE
This is an agreement to lease the Vehicle. This Motor Vehicle Lease Agreement (“Lease”), between the undersigned lessee(s) (“Lessee”) and the undersigned lessor (“Lessor”) whose names
and addresses are listed above provides agreed terms and conditions in connection with the lease of the Vehicle. As used in this Lease, the words “you” or “your” refer to the Lessee and “us” or
“our” refer to the Lessor (or its successors and assigns). You agree to lease the Vehicle from us according to the terms of this Lease. If more than one Lessee signs this Lease, each Lessee may
be held individually liable for the entire amount owing under this Lease. Please note this is a Lease, and not a purchase agreement. Therefore, we own the Vehicle.
LEASE DATE: LEASE TERM:
MONTHS SINGLE PAYMENT LEASE: SIGN AND DRIVE LEASE*:
(check if applicable) (check if applicable)
* If this is a Sign and Drive Lease, CCAP Auto Lease Ltd. will pay the first Monthly Payment described in Section 2.A below.
SEE OTHER SIDE FOR ADDITIONAL TERMS AND CONDITIONS
18. SIGNATURES
CONSUMER LESSEE(S) SIGNATURE(S)
Lessee Signature Co-Lessee Signature
BUSINESS LESSEE SIGNATURE
Authorized Signer Name (Print) Title Signature
LESSOR SIGNATURE AND ASSIGNMENT
By signing below, Lessor identified above agrees to the following: (1) Lessor accepts this Lease; (2) Lessor assigns all right, title and interest in this Lease and the Vehicle to CCAP Auto Lease Ltd.
(“Assignee”) under the terms of the Chrysler Capital Non-Recourse Master Dealer Agreement in effect as amended from time to time. Lessor acknowledges that Lessor is not an agent of Assignee
or its servicer and that neither the Chrysler Capital Non-Recourse Master Dealer Agreement nor this assignment makes Lessor an agent of Assignee or its servicer.
Lessor Signature Lessor Representative Name Title
11. ITEMIZATION OF GROSS CAPITALIZED COST
A. Agreed Upon Value of the Vehicle
$ _______________
B. License/registration/title fees
+
$ _______________
C. Sales/Use tax
+
$ _______________
D. Net Trade-In Allowance (if negative)
+
$ _______________
E. Optional service contract
+
$ _______________
F. Optional maintenance contract
+
$ _______________
G. Acquisition fee
+
$ _______________
H. Dealer Documentation/Service Fee***
+
$ _______________
I. __________________________________________
+
$ _______________
J. __________________________________________
+
$ _______________
K. __________________________________________
+
$ _______________
L. __________________________________________
+
$ _______________
M. Total = Gross Capitalized Cost
=
$ _______________
*** NOTICE TO FLORIDA LESSEES: This charge represents costs and profit to the dealer for items such as inspecting, cleaning, and adjusting vehicles, and preparing documents
related to the sale or lease.
*** NOTICE TO MISSISSIPPI LESSEES: A DOCUMENT/SERVICE FEE IS NOT AN OFFICIAL FEE AND IS NOT REQUIRED BY LAW, HOWEVER, IT MAY BE CHARGED TO A BUYER/LESSEE FOR THE
PREPARATION, HANDLING AND PROCESSING OF DOCUMENTS AND THE PERFORMANCE OF SERVICES RELATED TO THE SALE OR LEASE OF A MOTOR VEHICLE AND MAY INCLUDE DEALER
PROFIT. THIS NOTICE IS REQUIRED BY REGULATION OF THE MISSISSIPPI MOTOR VEHICLE COMMISSION.
12. OFFICIAL FEES AND TAxES
You will pay when due all government license, title, registration, testing, and inspection fees and taxes for the Vehicle whether included in your Monthly or Single Payment or in other amounts paid
to Lessor. You will pay all taxes due under the Lease or related to the Vehicle that the government levies against you, the Vehicle, or the Lessor, even if they become due after the end of the Lease.
Your Monthly Payment may change if taxes or fees change and you may be separately billed for taxes and fees.
Estimated Official Fees and Taxes You Must Pay During the Lease. The total amount Lessor estimates that you will pay for official and license fees, registration, title, and taxes over the Lease
Term, whether included with your Monthly or Single Payment or assessed otherwise: $ ______________________. The actual total of official fees and taxes may be higher or lower depending
on the tax rates in effect, the location or the value of the Vehicle when a fee or tax is assessed.
13. INSURANCE
NO PHYSICAL DAMAGE OR LIABILITY INSURANCE COVERAGE FOR BODILY INJURY OR PROPERTY DAMAGE CAUSED TO OTHERS IS INCLUDED IN THIS LEASE. As a result, you are liable for
any physical damage to the Vehicle and any bodily injury, death, personal injury or property damage arising out of your or any person’s use of the Vehicle. You agree to maintain in full force and
effect primary and noncontributory insurance with at least the following minimum limits and coverage during the Lease Term and until the Vehicle is returned to us: (1) Liability insurance required
by applicable state law, including any no-fault and uninsured motorist law; (2) Collision insurance with limits no less than actual value of the Vehicle with a maximum deductible of $1,000; (3)
Comprehensive insurance including perils of fire, weather, vandalism and theft, with limits no less than actual value of the Vehicle with a maximum deductible of $1,000; and (4) you must be listed
as an insured on the insurance policy. You understand that the insurance policy must provide CCAP Auto Lease Ltd. with primary coverage as an additional insured on Item (1) and as
loss payee on Items (2) and (3). The policy must state that CCAP Auto Lease Ltd. will be given at least 10 days’ notice of any cancellation, nonrenewal, limit reductions or material
coverage changes. You agree to buy the insurance from an insurance company reasonably acceptable to CCAP Auto Lease Ltd. and to furnish CCAP Auto Lease Ltd. with initial and
renewal certificates of insurance evidencing coverage.
NOTICE TO FLORIDA LESSEES: The valid and collectible liability insurance and personal injury protection insurance of any authorized rental or
leasing driver is primary for the limits of liability and personal injury protection coverage required by ss. 324.021(7) and 627.736, Florida Statutes.
14. VEHICLE WARRANTIES
The Vehicle is covered by the manufacturer’s standard new car warranty. LESSOR LEASES THE VEHICLE TO YOU “AS IS”, EXCEPT AS PROVIDED IN THIS LEASE AND (UNLESS PROHIBITED BY
LAW) LESSOR MAKES NO EXPRESS OR IMPLIED WARRANTIES OR REPRESENTATIONS AS TO THE VEHICLE’S (OR ANY OF ITS PARTS OR ACCESSORIES) CONDITION, MERCHANTABILITY,
SUITABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE AND LESSOR MAKES NO OTHER REPRESENTATIONS OR WARRANTIES WHATSOEVER. If this Lease is entered into in Kansas, Maine,
Massachusetts, Mississippi, Vermont (if the Vehicle is new) or West Virginia, Lessor does not disclaim any implied warranty of merchantability or fitness for any particular purpose.
15. OPTIONAL INSURANCE AND ADDITIONAL PRODUCTS
You are not required to purchase any of the insurance, contracts, agreements or products listed in this Section in order to lease the Vehicle. Your decision to buy them is not a factor in
our decision to approve this Lease. We will obtain any optional insurance coverage(s) that you initial below. A notice you receive when you sign this Lease describes the coverage(s) in greater
detail. Life insurance and disability insurance may not cover taxes and other amounts due besides the Base Monthly Payments.
Optional Product Charge or Premium Coverage Provider Term By initialing below you indicate that you elect to purchase the Optional Product
Service Contract
$ /
✔
Lessee/Co-Lessee Initials
Maintenance Contract
$ /
✔
Lessee/Co-Lessee Initials
Wear and Tear
$ /
✔
Lessee/Co-Lessee Initials
Other
$ /
✔
Lessee/Co-Lessee Initials
Other
$ /
✔
Lessee/Co-Lessee Initials
16. COMMUNICATIONS WITH LESSEE
A. CONSENT TO MONITOR AND RECORD PHONE CALLS. To ensure that Lessee’s inquiries are handled promptly, courteously, and accurately, some of the phone calls between you and us or
any of our affiliates, agents, assigns and service providers, may be monitored and recorded by us and any of our affiliates, agents, assigns and service providers, to enhance service to you.
You consent to this monitoring and recording.
B. SERVICING AND COLLECTION CALLS. You agree that, in order for us to service this Lease or to collect any amounts you owe, Lessor may make calls and/or send text messages to you at
any telephone number(s) that you have provided to us, now or in the future, including wireless telephone numbers that could result in charges to you. The manner in which these calls or text
messages are made to you may include, but is not limited to, the use of prerecorded/artificial voice messages and/or automatic telephone dialing system. You further agree that in order for
us to service this Lease or to collect any amounts you owe, that Lessor may send e-mails to you at any e-mail address you provide us or use other electronic means of communication to the
extent permitted by law.
17. NOTICES
NOTICE: If you do not meet your Lease obligations, you may lose the Vehicle. AK, OR and SD Notice: If this Lease is for a consumer purpose, then this Lease is CONSUMER PAPER.
THIS IS A LEASE AGREEMENT. THIS IS NOT A PURCHASE AGREEMENT. PLEASE REVIEW THESE MATTERS CAREFULLY AND
SEEK INDEPENDENT PROFESSIONAL ADVICE IF YOU HAVE ANY QUESTIONS CONCERNING THIS TRANSACTION. YOU ARE
ENTITLED TO AN EXACT COPY OF THE AGREEMENT YOU SIGN.
NOTICE TO MICHIGAN LESSEES: The Early Termination Liability (Section 22) as determined by Lessor may be different than the actual cash value of the Vehicle as determined by the insurer of the
Vehicle. Except to the extent that the GAP Waiver in Section 28 applies, Lessee is responsible for the amount by which the Early Termination Liability exceeds the proceeds from the insurer of the Vehicle.
Lessee’s Initials
✔ Co-Lessee’s Initials ✔
THIS LEASE CONTAINS THE ENTIRE AGREEMENT BETWEEN YOU AND US. No agreements exist between you and Lessor except as set forth in this Lease. The agreement between the parties
may only be modified by a writing signed by you and Lessor, except that at the end of the original Lease Term the Lease may be extended by agreement at our discretion for a period not to exceed six
(6) months. No course of performance will modify the agreement between the parties or constitute a waiver of any right under this Lease.
Lessee’s Initials
✔ Co-Lessee’s Initials ✔
NOTICE: (1) BY SIGNING BELOW, YOU AGREE TO ALL THE PROVISIONS ON BOTH SIDES OF THIS LEASE. (2) YOU ACKNOWLEDGE THAT YOU HAVE READ THE ENTIRE LEASE,
INCLUDING THE REVERSE SIDE. (3) YOU ACKNOWLEDGE THAT YOU HAVE RECEIVED A COMPLETELY FILLED-IN COPY OF THIS LEASE AND OF ANY OTHER AGREEMENTS,
POLICIES OR CERTIFICATES THAT YOU SIGNED OR AGREED TO PURCHASE. (4) YOU AGREE THAT YOU HAVE READ THE ARBITRATION PROVISION ON THIS LEASE,
INCLUDINGTHE METHOD FOR OPTING OUT, AND YOU AGREE TO ARBITRATE ALL CLAIMS IN ACCORDANCE WITH THE ARBITRATION PROVISION IN SECTION 30.
NOTICE TO CONSUMER: 1. Do not sign this agreement before you read it. 2. You are entitled to a copy of this agreement.
©2020 Chrysler Capital. Chrysler Capital is a registered trademark of FCA US LLC and licensed to Santander Consumer USA Inc. Lease agreements are owned by CCAP Auto Lease Ltd. and serviced by Chrysler Capital.
Multistate_CC-LSG_60620-0_021920_Rd1.indd 1 2/19/20 7:30 PM
X
2020
MAKE
MODEL
STYLE
XXXXXXXXXXXXXXXXX
10
X
N/A
N/A
N/A
10/01/20
36
X
24,181.51
N/A
N/A
N/A
N/A
N/A
N/A
N/A
20,268.96
10/01/20
395.00
395.00
23,726.51
N/A
N/A
20,268.96
850.00
13.00
89.55
N/A
2,365.00
N/A
595.00
N/A
N/A
N/A
24,181.51
N/A
N/A
24,181.51
24,181.51
37,840.00
37,840.00
0.00
37,840.00
18,000.00
19,840.00
428.88
20,268.96
1
20,268.96
0.00
N/A
N/A
20,268.96
0.25
N/A N/A
15,000
37,840.00
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
37,840.00
2,454.55
N/A
N/A
N/A
N/A
N/A
123 Main St.
Dallas, TX 75247
Dealer Name
Dealer Address
City, State Zip
Applicant Name
123 Main St. Dallas, TX 75247
Co-Applicant Name
123 Main St. Dallas, TX 75247
©2020 Chrysler Capital. Chrysler Capital is a registered trademark of FCA US LLC and licensed to Santander Consumer USA Inc.
Lease agreements are owned by CCAP Auto Lease Ltd. and serviced by Chrysler Capital. CC-LSG_30807-0_100720
Single Pay Example
(continued)
SAMPLE
