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Car sense

Car rental basics

Rentals are paid (or received) in the form of rent made (or make) the right to use an asset of the business. Lease there are two basic types of parties, namely the lessor and the lessee. Known as lessor assets leased to others owned by its unit or person called the lessee refers to units or individuals from leased assets in the hands of others. Leasing is realized through the form of contract. A lease whereby the lessor within a certain period of right to use the asset are transferred to the lessee an agreement to lease. &Nbsp;

according to ownership of the leased asset-related risks and rewards of ownership are divided into operating lease and financial lease forms.  

      , operating leases primarily to meet the management of temporary or seasonal needs and asset leasing.  


      1. and the related risks and rewards of ownership is not actually transferred, and eventually return to the lessor all the ownership of the leased asset.  

      2. lessor normally taken after many rentals, to recover the investment in leasing assets.  

      3. operating lease period is relatively short, generally cannot be extended to all the durability period of the leased asset.  

      4. the expiration of the lease, the lessee will return equipment to the lessor; or according to the party's demands, early termination of the lease contract.  

Second, finance lease is essentially transfers all the risks and rewards incidental to ownership of an asset of a rental.  



      1. lessor retains ownership of the leased asset, but with substantially all risks and rewards related to the leased asset have been transferred.  

      2. lease is usually cannot be cancelled or canceled only in certain special cases.  

      3. the term of the lease is longer, nearly all the useful life of the leased asset.


      4. in the General case, financial leasing only through a lease, you can recover the overall use of the leased asset investment, and make a reasonable profit.


      5. the end of the lease, the lessee has priority right to choose a cheap purchase the leased asset at; or take the extension; or will lease the assets returned to the lessor.  

rent a car should pay attention to what  

       Shanghai the existing number of car rental companies, operating, leasing vehicles, service content difference. Is provided by the company within one year of high-end cars, and some to spare vehicles for rent. In front of the car, you must first understand the rental company for the car models, a condition to determine whether for their own needs. Then, consult the rental form, rental, deposit of the documents required. Car rental required documents include identity cards, household registration and driver's license, rent is usually paid in advance, and not deducted from the security deposit.  

responsibilities and obligations of leasing companies

      , good vehicles when leased property, spare wheel, vehicle tools are complete and valid, and car rental transfer to work out.

       second, the vehicle responsible for the provision of various types of insurance, taxes and fees and management fees.  

       three, responsible for the leased vehicle properly repaired and regularly maintained.  

       four, is responsible for the leased vehicle to the designated car repair shop for repair.  

       five people, assisting car rental deal with traffic accidents and insurance provisions of the claims procedures.  

car rental responsibilities to  

       lessees in the normal vehicle repair, maintenance, inspection and insurance from the rental company. Because of delay in vehicle maintenance or annual review of the lessee, which take full responsibility for the losses caused by the lessee.

       during the leasing period, the lessee according to the manual of use, operation and maintenance of vehicles. In front of the car, must be examined such as engine oil, brake oil, condensate, and lights, tire pressure, and if problems are found, must feed speed center designated repair maintenance, or face the consequences.

       the tenant during the lease period, has an obligation to keep good, using rented cars and related documents, keeping the body clean until returned to the leasing company so far. If lost should immediately inform the rental company and the relevant departments.

       the tenant during the lease period, harm to the Center are not allowed ownership of the leased vehicle.  

1, the leasing of vehicles shall not be transferred, sublet, sale and ownership of any violations of the lease, such as mortgage and investment company Act.  

2, there will be no rental vehicle operations, sports, military, competition, non-loaded inflammable, explosive or corrosive materials.  

3, shall not use rental vehicles for any irregularities in the activities.

      4, the lessee has run closures, layoffs, mergers or bankruptcy, in addition to leasing companies, other creditors are not competent to deal with rental companies rent out vehicles.

      5 without written consent of leasing companies, vehicle body chartered by the lessee shall not change the color, shape, and shall not be modified or added loading structures.

       being the charterer responsible for causing accidents, injury, death, loss and theft, and so on, lessee shall report back to the rental company and support the business compensation fee and damages, as follows:

      1, vehicle documents and information such as lossy missing, lost, the lessee shall take the full responsibility and cost, as well as be liable for lost time of the document until all the rent on the date of completion of additional.

      2, compensation for accidents the lessee, lessee not provided for payment of insurance companies while the actual costs incurred, heart bear criminal liability for causing the accident.

      3, and vehicles was stolen, and was Rob Shi, tenant people to bear insurance company from lost part of amount compensation to this Center; tenant people also must bear lost car Hou to insurance company compensation Qian the during 50% of rental costs; handle claims Shi tenant people should to insurance company submitted accident proved, and accident mediation closed book, and loss listing and various about costs of documents, truthfully fill in motor vehicle danger report single, card.

       after the accident, lessee must immediately notify the proper authorities and leasing companies and protect the site.

       lessee responsible for the leased vehicle fuel, tolls, storage fees and other cost.

       during the rental period the lessee, rent-a-car accidents, regardless of size, must immediately report accidents to the leasing company, and provide the required evidence.

       repair of the leased vehicle if there is no special reason requires factory specified in the leasing company, otherwise the lessee split according to the parts price 2~3 compensation, and shall return the original parts apart, and must bear all the responsibilities arising therefrom.

       car rental period, found that vehicles should stop driving them immediately when an exception or failure and notify the leasing company. Meanwhile, leasing company should also comply with the instructions.

       due to an irresistible disaster caused by loss of the leased vehicle, the lessee shall immediately notify leasing companies and cars sent to the designated repair shop.

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