Free Vehicle Loan Agreement Template in Garachico: Word & PDF Download

If you are planning to lend your car, van, or motorcycle to a family member, friend, or employee in Spain without charging rent, you need a proper legal document. In Spanish law, this is known as a Contrato de Comodato de Vehículo (a gratuitous vehicle loan agreement). Using this template protects the owner from unexpected liability—such as speeding tickets, tolls, or involvement in traffic accidents—while legally authorizing the borrower to drive the vehicle in Garachico and across Spain.

Instructions on how and where to submit it in Garachico

Unlike a vehicle sale, a private loan agreement between individuals does not strictly need to be registered at the DGT (Dirección General de Tráfico) if the borrower is just using the car occasionally. However, to have full legal validity against third parties, fines, and insurance companies, it is highly recommended to follow these steps:

• Signature and Signatures Verification: Both the lender (comodante) and the borrower (comodatario) should sign the document. For maximum legal security in Garachico, sign the document in the presence of a notary or get the signatures legitimized.
• DGT Notification (Optional but Recommended): While not mandatory for short-term loans, if the vehicle is going to be used exclusively by another person for a long period, you can notify the DGT of the habitual driver (conductor habitual) through their official website or by booking an appointment at the nearest DGT provincial jefatura.
• Local Notifications: There is no need to submit this private contract to the Ayuntamiento de Garachico unless required for specific local tax exemptions, though keeping a copy in the vehicle’s glove box alongside the vehicle registration (permiso de circulación) and ITV card is vital.

CONTRATO DE COMODATO DE VEHÍCULO (PRÉSTAMO GRATUITO)

VEHICLE GRATUITOUS LOAN AGREEMENT

En Garachico, a [Día] de [Mes] de [Año]
In Garachico, on [Day] of [Month] of [Year]

REUNIDOS / PARTIES

De una parte, D./Dña. [Nombre del Propietario], con DNI [DNI del Propietario] y domicilio en [Dirección en Garachico], en adelante el COMODANTE (propietario).
On one part, [Owner's Name], with ID [Owner's ID] and address at [Address in Garachico], hereinafter the LENDER.

Y de otra parte, D./Dña. [Nombre del Conductor], con DNI [DNI del Conductor] y domicilio en [Dirección del Conductor], en adelante el COMODATARIO (usuario).
And on the other part, [Borrower's Name], with ID [Borrower's ID] and address at [Borrower's Address], hereinafter the BORROWER.

Ambas partes se reconocen la capacidad legal necesaria para otorgar el presente documento y, a tal fin,
Both parties recognize the necessary legal capacity to grant this document and, to this end,

EXPONEN / DECLARE

PRIMERO.- Que el COMODANTE es el actual propietario del vehículo cuyas características son:
FIRST.- That the LENDER is the current owner of the vehicle with the following characteristics:

• Marca / Make: [Marca]
• Modelo / Model: [Modelo]
• Matrícula / License Plate: [Matrícula]
• Número de Bastidor / VIN: [Número de Bastidor]

SEGUNDO.- Que el COMODANTE cede el uso gratuito del mencionado vehículo al COMODATARIO, quien lo acepta, bajo las siguientes:
SECOND.- That the LENDER cedes the gratuitous use of the aforementioned vehicle to the BORROWER, who accepts it, under the following:

CLÁUSULAS / CLAUSES

FIRST (Gratuitous Nature).- The loan of the vehicle is strictly gratuitous (free of charge). Under no circumstances does this agreement constitute a lease or a sale. The BORROWER acquires solely the right to use the vehicle temporarily.

SECOND (Duration).- This agreement begins on [Fecha de inicio] and will conclude on [Fecha de fin] / (Alternatively: will remain in effect until the LENDER requests its return).

THIRD (Expenses and Maintenance).- All expenses derived from the normal use of the vehicle during the term of this contract—such as fuel, routine maintenance, toll fees, and parking—shall be borne exclusively by the BORROWER.

FOURTH (Insurance and Taxes).- The LENDER maintains the mandatory civil liability insurance (Seguro Obligatorio del Automóvil) and pays the corresponding municipal vehicle tax (IVTM) in Garachico. However, the BORROWER is strictly forbidden from driving the vehicle without valid insurance coverage.

FIFTH (Liability for Fines).- The BORROWER assumes full civil and administrative responsibility for any traffic fines, penalties, or infractions committed while operating the vehicle from the start date of this contract.

Y en prueba de conformidad, firman las partes el presente documento por duplicado en el lugar y fecha al principio indicados.
And as proof of conformity, the parties sign this document in duplicate at the place and date indicated above.

Fdo. El Comodante / Lender: _________________      Fdo. El Comodatario / Borrower: _________________

Additional documentation required

To ensure total legal security when lending your vehicle in Spain, make sure the borrower carries the following items inside the vehicle at all times:

• A signed copy of this Contrato de Comodato (preferably translated or bilingual, as provided above).
• The original or a validated copy of the Permiso de Circulación (Vehicle Registration Certificate).
• The Tarjeta de ITV (Technical Inspection Card) with a valid, up-to-date inspection sticker.
• Proof of valid compulsory vehicle insurance (though the policy is tied to the vehicle, it is essential that the driver's age and experience match the policy's driver restrictions to avoid claim denials).

Closing paragraph with expert tips

Drafting a vehicle loan agreement is a vital safeguard that prevents massive headaches in the event of automated speed camera fines or municipal towing incidents in Garachico. Always check your insurance policy terms before handing over the keys—some insurance companies apply a penalty or restrict coverage if drivers under a certain age or with less driving experience use the car. Keeping this bilingual template signed and stored properly ensures a transparent, legally sound arrangement for both parties.