2. Eligibility and Access
To access and use our services, you must be at least 18 years old and possess the legal authority to enter into binding contracts. Our services are not available to individuals whose use of MotorEnvy Finance, Inc. services has been previously terminated or suspended. By accessing our website, you represent and warrant that you meet these eligibility requirements.
Access to certain areas of our website and services may require registration and/or subscription. In these cases, you agree to provide accurate, current, and complete information during the registration process and to update such information to keep it accurate, current, and complete.
3. Lease Agreements
Our leasing services are subject to specific terms and conditions as set forth in our lease agreements. These agreements outline the rights and responsibilities of both MotorEnvy Finance, Inc. and our clients, including but not limited to payment terms, lease duration, and conditions of the leased vehicle.
Key lease terms include:
Payments and Fees: Detailed information on monthly payments, security deposits, late fees, and other applicable charges.
Lease Duration: The standard term for our leases, with options for early termination under specific conditions.
Vehicle Condition: Expectations regarding the maintenance and return condition of the leased vehicle.
4. State-Specific Regulations
MotorEnvy Finance, Inc. complies with the laws and regulations of the states in which we operate, including California, Florida, New York, New Jersey, Connecticut, Pennsylvania, and Colorado. Specific compliance details for each state are as follows:
California (CA): Adherence to California’s consumer protection and vehicle leasing laws, including disclosure requirements and consumer rights.
Florida (FL): Compliance with Florida’s leasing regulations, including insurance requirements and lease termination rights.
New York (NY), New Jersey (NJ), Connecticut (CT), Pennsylvania (PA), Colorado (CO): Each of these states has unique regulations governing vehicle leases, and our services are designed to meet these specific legal requirements.
5. Payment and Financial Terms
Payment Obligations: By entering into a lease agreement with MotorEnvy Finance, Inc., you agree to timely pay all fees and charges associated with your lease. This includes monthly lease payments, applicable taxes, registration fees, and any other charges as outlined in your lease agreement.
Billing Procedures: We will bill you in accordance with the payment schedule outlined in your lease agreement. You are responsible for providing accurate and current billing information and for updating this information as necessary.
Late Payments: Late payments may incur additional fees as detailed in your lease agreement. Continuous failure to make timely payments may result in additional actions as allowed under the lease agreement and applicable law.
6. Insurance and Liability
Insurance Requirements: As a lessee, you are required to maintain a comprehensive insurance policy that covers the leased vehicle. Proof of insurance must be provided to MotorEnvy Finance, Inc. before taking possession of the vehicle.
Liability: MotorEnvy Finance, Inc. is not liable for any accidents, injuries, or damages that occur during the lease term. Lessees assume all risks associated with the operation and use of the leased vehicle.
7. Vehicle Use and Restrictions
Permitted Use: The leased vehicle must be used in a lawful, safe, and responsible manner. The vehicle is intended for personal or business use as specified in the lease agreement.
Prohibited Activities: Activities prohibited with the leased vehicle include, but are not limited to, subleasing or lending the vehicle to unapproved third parties, using the vehicle for illegal purposes, and participating in racing or other high-risk activities.
8. Termination and Early Lease End Options
Termination by Lessee: You may terminate the lease agreement early under certain conditions as specified in the lease agreement. Early termination may result in additional fees and penalties.
MotorEnvy Finance, Inc. Termination Rights: MotorEnvy Finance, Inc. reserves the right to terminate the lease agreement under specific circumstances, such as a breach of contract or failure to make timely payments.
9. Dispute Resolution
Arbitration: In the event of a dispute arising under or relating to this agreement or the services provided by MotorEnvy Finance, Inc., both parties agree to first attempt to resolve the dispute informally. If the dispute cannot be resolved informally, it shall be resolved through binding arbitration in accordance with the rules of the American Arbitration Association.
10. Privacy and Data Protection
11. Modification of Terms
12. Contact Information
13. Acknowledgment and Acceptance
Thank you for choosing MotorEnvy Finance, Inc. for your vehicle leasing needs. We value your trust and are committed to providing exceptional service while ensuring compliance with all applicable laws and regulations.
Your relationship with MotorEnvy Finance, Inc. is of utmost importance to us. We encourage you to reach out with any questions, concerns, or feedback to help us continually improve our services.
Effective Date: March 22, 2022