PandaTip: If this lease applies to a vehicle that is not a car, you may need to change some of the above information. This customizable vehicle rental agreement contains terms and conditions and payment options found in most vehicle rental agreements, allowing the lessor and lessee to easily agree on fair, proportionate and advantageous terms. If you have some information before you start, you can speed up the process: the automaker`s recommended selling price, the residual value of the car (the expected price of the car at the end of the lease), and your state`s local sale and usage rate. Just answer a few simple questions and you can create your car rental agreement in minutes. PandaTip: In this car rental example, the “owner” is the person who owns the vehicle and the “renter” is the person who will rent it. The renter is not required to be an authorized driver (the list of drivers can be found in Appendix B). The tenant can be a natural or legal person (such as a company). If the tenant is a natural person, you must amend the above clause to reflect this fact. This self-lease agreement (the “Contract”) sets out the conditions: including [lessor`s name] (the “Lessor”), a business duly registered under the laws of [the State] with registered number [registered number] and its address registered at [ADDRESS], a rented vehicle [name of the lessee] (the “Lessee”), a business duly registered in accordance with the laws of [the State] with registered number [registered number] and having its registered address at [ADDRESS] (together, the “Parties”).