|Motter's Music, Inc. - Lease Contract|
For the purpose of determining whether my child has the ability to play a musical instrument, Motter's Music, Inc. agrees to lease with option to purchase the following:
If an additional lease is desired we will continue to lease on the basis as above until the instrument
is paid for.
OPTIONAL LOSS AND DAMAGE PLAN:
|Where less than full size (4/4) stringed instruments are leased, we will at any time, during the lease only, allow exchange
to a different size of comparable make, quality and kind. When lease payments are completed, and instrument is owned, Motter's Music, Inc. will allow 50% trade-in
toward the purchase of a new instrument of the same kind (at current manufacturer's suggested list price) at any time in the future.
Title to the instrument shall remain with Motter's Music, Inc. until the purchase is made by the lessee. If lease payment is not received within 10 days from the due date, all previous lease payments will not be allowed toward the purchase price. Positively no refunds on any lease fees paid. If the lessee is more than 15 days late in the payment of the lease, Motter's Music, Inc. may at its option terminate this agreement, repossess the instrument and collect the late fees that are due, and hold the lessee liable for any costs incurred in the collection of fees, including attorney's fees. We reserve the right to repossess the instrument leased if payment is not on time.
|Maintenance during the lease period is free. This includes any adjustments and normal maintenance required to keep the instrument
in playing condition. Any damage due to negligence and any major dents will be assessed at the time of return of the instrument.|
If Payment is not received within two weeks of due date, Motter's Music will charge payment on to your credit card.
Lease Program For
Requirements to lease: valid driver's license and credit card (Master Card, Visa, Discover, American Express). Ohio debit and Epic cards are not accepted for approval,although payment can be accepted with these cards. Deposits are taken when there is no credit card available. Deposits are 1/2 the value of the instrument being leased and are payable by cash, money order or bank check. All leases subject to approval.
Stringed Instruments: Where less than full size (4/4) stringed instruments are leased, we will at any time, during the lease only, allow exchange to a different size of comparable make, quality and kind. When lease payments are completed, and instrument is owned, Motter's Music House will allow 50% trade-in toward the purchase of a new instrument of the same kind (at current manufacturer's suggested list price) at any time in the future. MLD (Maintenance, Loss, and Damage) PLAN covers replacement of strings.
Note: If desired, you may purchase an instrument with a 40% discount from the manufacturer's current retail value.
We also have a large selection of used instruments available for purchase only. These instruments are name brands and have been professionally cleaned and maintained by our service department.
Motter's Music Inc. also carries a full line of instrument accessories and music at discounted prices. We also have in stock a large selection of intermediate and professional level instruments.
For further advancement in your child's musical ability, Motter's gives music lessons on all instruments at an additional charge. Please call to schedule a time.
Worry Free Plan-MLD (Maintainance, Loss, and Damages): The Worry Free Plan-MLD (Maintainance, Loss, and Damages)is required at the time of inception. All maintainance, loss, and damages (MLD) are covered under this plan. MLD fees do not apply toward the purchase of the instrument. 1) An instrument totally destroyed by fire or accidental damage, or lost by theft will be replaced with an instrument of equal value (as of the time of loss) provided reasonable proof of such loss is presented and the theft is reported to the local police within 24 hours of discovery of theft. 2) All adjustments and repairs must be made by Motter's Music Inc. Do not attempt any repairs on your own or take elsewhere as this is part of the service you are paying for. 3) A claim for repair or replacement does not alter the Lease/Purchase agreement. 4) The instrument is only protected when all fees are paid up to date.