⁇ Purchase of a leased car

⁇ Types of leasing

First of all, it is important to distinguish two basic types of leasing:

1. Operating leasing

• It's basically about long-term rental vehicles, without the obligation of permanent ownership.
• Contracted participation (approximately 20%) i residual value of the vehicle which is payable if you decide to buy back the car at the end of the contract.
• It is possible Return the vehicle at the end of the contract and take a new one – often with the same war.
• It is common Limited mileage (20,000-30,000 km/year).
• Suitable for companies because of more favourable VAT treatment and costs.

2. Financial leasing

• The most common form of leasing for natural persons, especially for used vehicles.
• After paying off all the wars, The vehicle becomes your property.
• No residual value – the amount is repaid evenly.
• Participation is mandatory (usually 0-20%).

📋 What does the process of buying a leased car look like?

1. Choose a vehicle which you want to fund.
2. Request trader's offer (new or used vehicle).
3. Collect necessary documentation.
4. Leasing company makes an offer and conducts an assessment.
5. After approval, the vehicle goes for technical and registration.
6. The vehicle is yours - you use it and pay it through monthly instalments.

⁇ Basic conditions and criteria

Not all vehicles are eligible for leasing. The following criteria are mainly considered:

• Age of the vehicle – up to 9-12 years at the end of the lease
• Mileage
• Real market price
• VAT status (Some vehicles must be in the VAT system)
• Seller – must be a legal person, usually an authorised trader;

⁇ Documentation required for leasing

For natural persons:

• Vehicle offer
• Identity card
• Payrolls (3 months)
• Credit indebtedness certificate
• Additional statements (e.g. GDPR, political exposure)
• Seafarers: additional documentation (seaman's book, contract, payments from abroad)
• Additional forms as needed

For legal persons:

• Vehicle offer
• GFI-POD and Gross Balance Sheet
• BON 2
• Founding Act and Owner's Declaration
• Identity cards of authorised persons
• Indebtedness certificate

⁇ Costs of buying a leased car

When purchasing, you should count on:

• Participation (0-20% vehicle values)
• Casco Insurance – mandatory for most leasing houses
• It can be total or just total damage.
• Processing costs and possible fees (depends on leasing house)

The good news: no cost of vehicle transcription It's like a classic purchase.

⁇ How to choose a leasing house?

It is important to compare the conditions offered by different leasing houses. Differences can be significant:

• Maximum age of the vehicle
• Obligatory participation height
• Amount of interest
• Flexibility around casco insurance
• Processing and prepayment costs

We advise you to contact us – we will help you find the optimal offer.