An Employee Vehicle Lease Agreement is a legally binding document that defines the details of an employee’s access, use, and responsibility for a leased vehicle. This agreement outlines how long, when, and for what purpose the car will be used, as well as the employee’s obligations to maintain the car in good condition, follow all local traffic laws, and pay all associated costs. An employee vehicle lease agreement can provide significant benefits for businesses, such as increased control over expenses and greater security, but only if all parties involved understand their rights and responsibilities.