Passenger cars leasing


Piraeus Leasing is financing Bulgarian companies and individuals for purchasing of new and used automobiles under financial lease.

General terms for financial leasing of passenger cars



Lessee:                                                                                 
Bulgarian companies and International        companies operating on the Bulgarian Market or Individuals
Currency:Euro
Payment of VAT:The client may choose to pay the VAT upon the delivery of the asset or to be calculated over the principal payable with every lease installment during the whole lease period
Advance payment (minimum):20% of the purchase price for new and 30% of the purchase price for used passenger cars payable upon signing of the lease contract
Interest rate:The interest rate is based on BLIR plus spread. In case of changes the repayment schedule is updated according to the new rate.
Management fee:Payable at once upon signing the lease contract.
Lease period:from 12 to 60 months for brand new and from 12 to 48 months for used passenger cars
Installments:equal monthly, quarterly or seasonal installments
Obligatory Collaterals:Ownership over the financed vehicle until it is fully repaid Notary verification of the Lease agreement
KASKO and Third Party Liability insurance for the whole lease period
Review of the applications:The review of the applications for leasing shall not exceed 2 working days after presentation of the required documents

 
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