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Automobile Rental Agreement

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Automobile Rental Agreement This Agreement is made and entered in this ___ day of ________________, 200__, between _____________________, of _________________________________, hereinafter called "Owner", and ____________________, of ______________________________, hereinafter called "Renter". VEHICLE The vehicle which the Owner hereby agrees to rent is described as follows: Make: ________________Model: ___________________Year:_________ Color:_________________________ Odometer Reading at Beginning of Rental Period:______________ Miles Number of Cylinders or Engine Specifications___________________ VIN #: (Vehicle Serial Number) ______________________________ The Owner represents that to the best of his knowledge and belief that said vehicle is in sound and safe condition and free of any known faults or defects which would affect its safe operation under normal use. RENTAL PERIOD The Owner agrees to rent the above-described vehicle to the Renter for a period of _________ beginning at _____M. on _______________ and ending at _____M. on ___________________. The Renter agrees (a) that the rented vehicle shall not be used to carry passengers or property for hire; (b) that the rented vehicle shall not be used to carry passengers other than in the interior or cab of the vehicle; (c) that the rented vehicle shall not be used to carry passengers in excess of the capacity thereof; (d) not to use the vehicle to push, propel or two another vehicle, trailer or any other thing without the written permission of the owner; (e) not to use the vehicle for any race or competition; (f) not to use the vehicle for any illegal purpose; (g) not to operate the vehicle in a negligent manner; (h) not to permit the vehicle to be operated by any other person without the written permission of the owner; and (i) not to carry passengers, property or materials in excess of the rated weight carrying capacity of the vehicle. INSURANCE The Renter hereby agrees that he shall fully indemnify the Owner for any and all loss of or damage to the vehicle or equipment during the term of this Agreement whether caused by collision, fire, flood, vandalism, theft or any other cause, except that which shall be determined to be caused by a fault or defect of the vehicle or equipment. RENTAL RATE The Renter hereby agrees to pay the Owner at the rate of $__________ per _________ for the use of said vehicle. All fuel used shall be paid for by the Renter. DEPOSIT The Renter further agrees to make a deposit of $______________ with the Owner, said deposit to be used, in the event of loss of or damage to the vehicle or equipment during the term of this Agreement, to defray fully or partially the cost of necessary repairs or replacement. In the absence of damage or loss, said deposit shall be credited toward payment of the rental fee and any excess shall be returned to the Renter. RETURN OF VEHICLE TO OWNER The Renter hereby agrees to return the vehicle describe above to the Owner at _______________________________________ no later than ________________________. IN WITNESS WHEREOF, the parties hereto hereby execute this Agreement on the date first above written. RENTER__________________________________________ SIGNATURE_______________________________________ OWNER__________________________________________ SIGNATURE_______________________________________
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