Effective Date: April 11, 2025
Legal Structure & Governing Law
This Agreement is governed by the laws of the State of Tennessee and applicable federal law, including the Federal Arbitration Act (9 U.S.C. §§ 1–16). Ashton.rent LLC manages vehicle rentals on behalf of its parent company, 10 S. Holdings LLC, which retains legal ownership of all vehicles unless otherwise stated.
Eligibility Requirements
Rental Terms: Duration & Renewals
All rentals require a minimum of three (3) days and are limited to a maximum of fourteen (14) days per agreement. To continue use, the rental must be formally renewed every 14 days. Renewals are subject to review, approval, and payment of outstanding balances. Failure to renew may result in overdue classification, fees, and repossession.
Security Deposit
Ashton.rent is a cash-based business. No security deposit is collected for rentals paid in cash. However, a $150 deposit is required when payment is made using a credit card, debit card, or digital method. This deposit may be used to cover unpaid charges, damages, or violations.
Fee Structure & Billing
Vehicle Use Policies & Prohibitions
Insurance & Liability (T.C.A. § 55-12-102)
Damage Waiver (Optional)
A damage waiver is optional and offered at the time of rental. It is not insurance and does not cover theft, off-road damage, tire issues, lost keys, or any damage from negligence or contract violation.
Accidents & Incident Reporting
You must notify Ashton.rent and law enforcement immediately following an accident or incident. A full report must be submitted within 24 hours, including photos and witness details.
GPS Monitoring & Telematics
Vehicles are equipped with GPS tracking and diagnostics. Disabling or tampering with these systems is strictly prohibited and may result in repossession and legal action.
Repossession Rights
Fraud & Misrepresentation
Providing false ID, using stolen payment information, or impersonating another individual is grounds for immediate contract termination and will be reported to law enforcement.
Third-Party Liability Waiver
Personal Property
We are not responsible for personal items left in the vehicle. Please check thoroughly before returning the car.
Refund & Cancellation Policy
Force Majeure
We are not liable for failure to perform obligations due to events beyond our control, including natural disasters, civil unrest, pandemics, or power failures.
Dispute Resolution & Arbitration
All disputes must be resolved via binding arbitration in Shelby County, TN. No jury trials or class actions are permitted. Arbitrator decisions are final and enforceable.
BRAVE Amendment Acknowledgment
You confirm you understand, accept, and voluntarily agree to all terms. You assume full financial and legal responsibility for your rental.
Severability
If any part of this Agreement is ruled invalid, the remainder shall remain in full effect.
Ownership Disclaimer – Legal Separation
10 S. Holdings LLC is the legal owner of the vehicles but is not involved in rental operations, customer interactions, or service management. All rentals, communications, payments, agreements, and liabilities are exclusively handled by Ashton.rent LLC. As such, 10 S. Holdings LLC shall not be liable for any accidents, damages, legal claims, or losses resulting from vehicle use.
Entire Agreement & Acceptance
By using our services, you agree that Ashton.rent LLC is the sole operator responsible for the rental, and you release any affiliated entities, including 10 S. Holdings LLC, from liability associated with the rental, use, or condition of the vehicle.
Deposit Policy Clarification
Ashton.rent requires a $150 security deposit for all rentals, regardless of payment method.
– For cash payments, the deposit is collected in person at the time of vehicle pickup.
– For credit card, debit card, or digital payments, the deposit is placed on hold in advance as a pre-authorization.
The deposit may be applied to any unpaid rental charges, late fees, damage, or violations of this Agreement.
Ashton.rent is a private vehicle access program for approved members in Memphis.
Payments are accepted via Stripe or in cash. Deposits are refundable upon return and inspection.