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1. Parties: Identification of the lessor/seller and lessee/buyer with full legal names and addresses
2. Background: Context of the agreement and brief description of the transaction structure
3. Definitions: Definitions of key terms used throughout the agreement
4. Vehicle Description: Detailed description of the vehicle including make, model, year, VIN, and current condition
5. Lease Term and Purchase Option: Duration of lease period and conditions for exercising purchase option
6. Payment Terms: Monthly payment amount, payment schedule, and total purchase price
7. Title and Ownership: Provisions regarding vehicle ownership during lease period and transfer conditions
8. Insurance Requirements: Mandatory insurance coverage and responsibilities
9. Maintenance and Repairs: Maintenance obligations and repair responsibilities
10. Use Restrictions: Permitted use of vehicle and geographical limitations
11. Default and Remedies: Events of default and available remedies for both parties
12. Termination: Conditions and procedures for early termination
13. General Provisions: Standard contractual provisions including governing law, notices, and amendments
1. Trade-In Provisions: Include when there is a trade-in vehicle involved in the transaction
2. Co-Signer Requirements: Include when a co-signer or guarantor is required
3. Commercial Use Provisions: Include when vehicle is intended for commercial use
4. Cross-Border Usage: Include when vehicle will be used in mainland China or Macau
5. Modification Permissions: Include when allowing specific vehicle modifications
6. Sublease Provisions: Include when sublease or third-party use is permitted
1. Schedule 1 - Vehicle Specifications: Detailed technical specifications and features of the vehicle
2. Schedule 2 - Payment Schedule: Detailed breakdown of all payments including initial deposit, monthly payments, and final purchase payment
3. Schedule 3 - Vehicle Condition Report: Initial condition report with photographs and noted defects
4. Schedule 4 - Insurance Requirements: Specific insurance coverage requirements and minimum policy values
5. Schedule 5 - Maintenance Schedule: Required maintenance schedule and service intervals
6. Appendix A - Vehicle Registration Documents: Copies of current vehicle registration and licensing documents
7. Appendix B - Inspection Certificates: Current vehicle inspection certificates and emissions test results
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