Conditions for financing
used vehicles
Passenger cars
Tenor
24 to 60 months
Down payment:
For individuals: minimum 20% of gross purchase value of the subject of lease (including VAT)
For legal entities: minimum 20% of gross purchase value of the subject of lease (including VAT)
Management fee:
1,6%
Value of down payment and tenor depend on the car’s year of manufacture
Value of down payment and tenor depends on year of manufacture of cars.
Security Instruments
Legal entities:
• promissory notes issued by the lessee
• fully comprehensive insurance entitled to OTP Leasing
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Individuals:
• promissory notes issued by the lessee
• fully comprehensive insurance entitled to OTP Leasing
• administrative ban to the lessee
• the amount of leasing installment with individuals may not exceed 30% of the earnings upon deduction of the liabilities as per other credits
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Entrepreneurs:
• promissory notes issued by the lessee and the entrepreneur
• fully comprehensive insurance entitled to OTP Leasing
