Euro Leasing - What is leasing

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Chevrolet Aveo 1,5 MT

lease for

$184

Ford Fiesta 1.3

lease for

$231

What is leasing

Leasing is a modern efficient way of vehicles finance. It is a long-term hire with the option to purchase the vehicle upon lease term expiry. Choosing leasing you receive a wide range of services:

Vehicle purchase finance
Payments administration – all the accountancy, and other documents related with the car use and ownership, the leasing company process and books on its balance, and you only effect a single payment on the monthly basis
Registration of the car, paying all the taxes and charges (transport tax, 3% to Pension Fund)
Installation of all the necessary additional equipment
Scheduled maintenance exclusively in a network of official service stations
Set of winter tires
Tires replacement and storage at a specialized storehouse of the leasing company
CASCO insurance in the best insurance companies under the optimal terms
Obligatory third parties liability insurance with coverage of USD 1 thousand
The 24-hours technical support «8-800»
Provision and administration of credit fuel cards
Delivery of a car to/from the office of a client, an airport
Provision of predelivery cars, etc.

Operative or financial leasing?

Operative leasing	Financial leasing
The leasing company is the owner of the vehicle and all the risks related with the ownership belong to the leasing company. Lessee is not responsible for buying-out of the vehicle and may either replace it or purchase upon contract expiry.
The vehicle is booked on the leasing company balance.	The vehicle is booked on the Lessee’s balance. Depreciation is calculated on the whole vehicle cost. That allows reducing the profit tax.
All the leasing payments are 100% gross expenditures for trucks, and 50% for cars.	100% of leasing payments are gross expenditures of the Lessee.
Upon leasing agreement expiry the vehicle can be purchased by the Lessee at a price considerably lower than the market price.	The ownership right can be transferred to the Lessee together with the last leasing payment.
The insurance of the vehicle is arranged by the leasing company (is included in leasing payments).	The insurance of the vehicle can be arranged either by leasing company or by Lessee (with a single payment).