Company Vehicle Temporary Loan Contract

This contract is made between:
Lender (Company):
Borrower (Employee):
Date:

Vehicle Details

Make & Model
Year
License Plate No.
VIN
Odometer
Other Notes

Loan Period

Start Date: End Date:

Terms & Conditions

1. The vehicle remains the property of the company at all times.
2. The borrower will use the vehicle for company business only unless otherwise authorized.
3. The borrower shall maintain the vehicle in good condition and notify the company of any damage, loss, or theft immediately.
4. All fines, penalties, or tickets incurred during the loan period are the sole responsibility of the borrower.
5. The vehicle must be returned in the same condition as it was received, with all original equipment and documents.
6. Any additional terms: