Car Rental Agreement
This agreement to rent (out) a car contains important provisions, such as liability and insurance in case of damage. It can be used by lenders as a template. Each time you rent out a car you can draw up a new agreement based on this template.
What to fill in yourself
Please fill in the brand/model, year of manufacture and fuel type and other factual information about the vehicle. Also fill in the rental fee and any additional costs per kilometre. When both the lender and the renter signed the agreement (in duplicate) it is legally valid.
Summary
Contains provisions on:
- Brand and car model;
- Rental fee;
- Maximum kilometres;
- Type of fuel;
- Costs engine oil/fuel/garaging;
- (Vehicle) documents;
- Insurance;
- Liability;
- Traffic fines;
- Duration.
Context
This document can be used in the following situation:
Renting out a car is a particular type of lease of movable property. It involves statutory liability of the driver and the owner of the car. It is important to use a solid agreement to make arrangements. Rental companies that are a member of BOVAG (association of motor car, garage and allied trades), can use their model. If you are not a member of BOVAG it is not allowed to use their model agreement.
What is a car rental agreement?
With a car rental agreement you can make arrangements to rent out your car. It provides for any relevant matters. There are variable costs that come with owning a car, such as driving costs. In addition to this, the rental fee is a payment for the car itself. Both aspects must be laid down properly in the agreement. The agreement also includes arrangements about contingencies, such as damage or traffic offences.
When to use a car rental agreement?
There are many situations to think of when someone else is driving your car. But you must always draw up an agreement. A car is owned by the person whose name is on the vehicle registration certificate. Without additional arrangements, this is the person who is responsible for paying taxes, to pay for damage, traffic fines etc.
You can use this agreement to hire out a car for a short time. If you rent out a car for a longer time, you can make arrangements by way of a car lease agreement. If you would like to lend out a car without fixed payments, you can use our loan for use agreement car.
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