Model T Rental Terms
1.Rental Period
The rental period begins and ends on the dates shown in the confirmed rental order. The Model T must be returned or handed to the agreed return carrier by the confirmed return date.
2.Refundable Security Deposit
A refundable security deposit is collected with each rental:
Model T3: $200
Model T4: $300
Model T5: $450
After the Model T is returned and inspected, the deposit will be refunded within five business days, less any documented charges for damage, loss, late return or special cleaning.
3.Returns and Extensions
The Model T must be returned using the agreed method by the return date shown in the rental order. Extensions must be requested and approved before the original return date. Additional rental and transportation charges may apply.
4.Cancellation
Cancellations made at least 48 hours before the rental begins receive a full refund.
For cancellations made less than 48 hours before the rental begins, the refundable security deposit and any unused transportation charges will be refunded, and 50% of the rental fee will be retained. Transportation costs already incurred are non-refundable.
5.Damage, Loss and Cleaning
Normal wear from proper use is expected. The renter is responsible for documented repair, replacement or special cleaning costs caused by misuse, loss or damage.
The security deposit may be applied toward these charges. The security deposit does not necessarily limit the renter’s responsibility for repair or replacement costs.
6.Ownership
The rented Model T remains the property of PonyCycle, Inc. at all times. Payment of rental fees or a security deposit does not transfer ownership.