Rental Agreement

Vehicle Rental Agreement

 

This Vehicle Rental Agreement (hereinafter referred to as the “Agreement”) is

entered into as of _________________ by and between Miles Away Campers LTD, (hereinafter referred to as the “Owner”)

and ________________________, with a mailing address of ____________________

____________________________________ (hereinafter referred to as the “Renter”),

collectively referred to as the “Parties,” both of whom agree to be bound by this

Agreement.

 

  1. Vehicle Being Rented. The Owner agrees to rent the following vehicle to the Renter:

 

Nissan Elgrand                                               ML5_ WAY

 

hereinafter referred to as the “Vehicle”.

 

  1. Rental Amount. The amount of the Vehicle Rental is £__________

 

The Rental includes unlimited miles. The Renter will not be required to pay any fees for miles used.

 

  1. Vehicle Cost Disclosure. The full retail value of the Vehicle is £30,000

 

  1. Down Payment. The Renter will provide the full rental amount in advance.

 

  1. Rental Duration. This Agreement will begin on _____________________ and remain in full force and effect until the Vehicle is returned to the Owner. It is agreed

that the Renter will return the Vehicle on _____________________ unless the Agreement is terminated earlier.

 

  1. Damage or Loss. As permitted given the extent of the law, the Renter will be responsible for risk of theft, damage, loss, or destruction of the Vehicle from any and every cause. If while in the Renter's possession the Vehicle becomes damaged, the Renter agrees to pay for any and all costs of repair, up to the £500 (£700 if under 25) deposit held.  This will cover the insurance excess in the event of any damages sustained.

 

  1. Late Return. If the Vehicle is returned to the Owner after the date and time that the Rental period ends, the Renter agrees to pay the Owner a charge of £200 per day for each day beyond the end of the rental period, until the Vehicle is returned. The Owner is also allowed to subtract these charges from the security deposit (if applicable).

 

  1. Security Deposit. In addition to the fees listed in the Rental Amount and Late Return, The Renter agrees to pay a deposit of £500 (£700 if under 25) at the time this Agreement is signed. The Owner may use this deposit to cover any amounts due under this Agreement.

 

  1. Insurance. Insurance coverage is supplied for the Vehicle under this Agreement for all individuals between 23 and 79. I confirm having reviewed the T&C’s for full conditions.

 

  1. Vehicle Responsibility. The Renter agrees that they will be the sole operator of the Vehicle over the term of the Rental, unless otherwise agreed upon with the Owner.

 

  1. Vehicle Care. It is agreed that the Vehicle must only be used in a proper and careful manner consistent with the Owner's instructions and/or as the Vehicle was originally designed.

 

  1. Legal and Binding Agreement. This Agreement is legal and binding between the Parties as stated above. The Parties each represent that they have the authority to enter into this Agreement.

 

  1. Entire Agreement. The Parties acknowledge and agree that this Agreement represents the entire agreement between the Parties. In the event that the Parties desire to change, add, or otherwise modify any terms, they shall do so in writing to be signed by both parties.

The Parties agree to the terms and conditions set forth above as demonstrated by their signatures as follows:

 

 

OWNER

Name: ______________________

Signed: _____________________

Date: _______________________

 

 

RENTER

Name: ______________________

Signed: _____________________

Date: _______________________