Lease To Own Agreement For Vehicle Template for New Zealand

1. Trade-In Details: Include when there is a trade-in vehicle involved in the transaction

2. Guarantor Provisions: Required when a guarantor is providing additional security for the lessee's obligations

3. Early Purchase Option: Terms for early purchase of the vehicle before the end of the lease term

4. Cross-Border Use: Include when vehicle may be used outside New Zealand

5. Commercial Use Provisions: Additional terms when vehicle is intended for commercial use

6. Multiple Lessee Provisions: Special terms when there are multiple lessees sharing responsibility

1. Payment Schedule: Detailed breakdown of all payments including dates, amounts, and allocation between principal and fees

2. Vehicle Condition Report: Detailed description of vehicle condition at commencement of lease including photographs

3. Insurance Specifications: Detailed insurance requirements including minimum coverage levels

4. Disclosure Statement: Mandatory credit contract disclosure information as required by NZ law

5. Maintenance Schedule: Required maintenance intervals and procedures

6. Return Conditions: Specific conditions the vehicle must meet if returned before ownership transfer