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Car Terms - V2

This car rental agreement is between Maria Fe G. Cacho as the lessor and Ma. Patricia Ann O. Egonia as the lessee. It details the rental of a 2017 Mitsubishi Adventure GLS Sport gray vehicle from November 13, 2017 to November 16, 2017 for a rental fee of 12,000 pesos, with half due upon delivery and half upon return. The lessee is responsible for any damage or loss of the vehicle regardless of fault and for returning it with the same amount of fuel. If the vehicle is totaled or lost, the lessee must pay the full selling price.

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50% found this document useful (2 votes)
3K views2 pages

Car Terms - V2

This car rental agreement is between Maria Fe G. Cacho as the lessor and Ma. Patricia Ann O. Egonia as the lessee. It details the rental of a 2017 Mitsubishi Adventure GLS Sport gray vehicle from November 13, 2017 to November 16, 2017 for a rental fee of 12,000 pesos, with half due upon delivery and half upon return. The lessee is responsible for any damage or loss of the vehicle regardless of fault and for returning it with the same amount of fuel. If the vehicle is totaled or lost, the lessee must pay the full selling price.

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© © All Rights Reserved
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CAR RENTAL AGREEMENT

This Car Rental Agreement (the “Agreement”) is made and entered on 13 November 2017 (the
“Effective Date”) by Maria Fe G. Cacho (the “Lessor”) with residence address at 6046 Blk 197 Lot 12
Champaca St. Area D. Camarin II Caloocan City and Ma. Patricia Ann O. Egonia (the “Lessee”) with
residence address at 7002 Jasmin St Guadalupe Viejo Makati City.

Subject to the terms and conditions stated below the parties agree as follows:
A. RENTED VEHICLE DESCRIPTION. Mitsubishi Adventure GLS Sport 2017 Gray with
Conduction sticker BOI414.
B. RENTAL PERIOD. The lessor agrees to rent the vehicle to lessee for the following period:
Start date: 13 November 2017 1:00 a.m
End date: 16 November 2017 1:00 a.m
C. RENTAL PAYMENT. The total rental fee is PhP 12,000.00. 50 % payable upon delivery of
the vehicle and 50% upon return.

D. AUTHORIZED DRIVERS.
Driver’s Name:
License Number:

The LESSEE agree that it shall not allow its Qualified and Authorized Drivers to perform any act
that may endanger the driver and his passengers and other parties or put in danger the
condition of the leased vehicle.

E. RESPONSIBILITY FOR LOSS OF OR DAMAGE TO THE VEHICLE. LESSEE is


responsible for the FULL VALUE regardless of fault. Whatever brakes in the rented vehicle is the
LESSEE's responsibility to fix/ restore back to original. In case of any damage, LESSEE is
responsible to contact and report to the lessor.

F. FUEL. LESSEE is responsible for returning the vehicle with as much fuel in the tank as when
received. If the LESSEE returned the vehicle with less fuel than we supplied it with, a fuel
charge applies. LESSOR determines how many fuel are needed by the refilling of the tank. AT
THE TIME OF RETURN, LESSEE WILL NOT RECEIVE CREDIT FOR ANY FUEL REMAINING IN THE
VEHICLE.

G. LIABILITY. If the rented vehicle has been lost/car nabbed or in any case that the renter can't
return the vehicle then the renter is responsible for the whole amount of the rented vehicle, it's
based on the selling price of the vehicle at the time of the lost/accident. Total wreck-if the
rented vehicle has been damaged severely that it can't be fix, the renter is responsible in
paying the whole amount of the rented vehicle based on the selling price on the time of the
accident/police report date.
H. TERM. The term of this contract commences from the date of the DELIVERY AND ACCEPTANCE
of the "vehicle" to the LESSEE and ends on the date specified. Such Delivery and Acceptance
Date for all purpose be all conclusively presumed to be the actual, true and correct date of
Delivery and Acceptance by the LESSEE.

In case of termination/cancellation of this contract agreement by the LESSEE before


agreed end date of this contract, the LESSOR has all the rights to forfeit any amount unused or
paid by the LESSEE this will all fall as penalty and damage to the LESSOR by the LESSEE.

______________________
MARIA FE G. CACHO

_______________________
MA. PATRICIA ANN O. EGONIA

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