This Vehicle Lease Agreement can be used by a Lessor and a Lessee to lease a vehicle. Customize the Vehicle’s specifications, the monthly payment amount, the down payment, early lease termination fees, and much more. Lease arrangements should always use a written agreement to avoid complications and disputes between the parties. In addition, the lease payments can be broken down in further detail under “Schedule A” of this agreement. This agreement is ideal for small businesses or individuals that want to lease a vehicle.