This depends on whether you would like to become the owner of the car when the lease agreement expires or whether you only want to use it.
Financial lease – if the company would like to become the owner of the car and pays the whole price to us during the term of the lease.
Operational lease – if you only want to use the car. However, at the end of the lease period you return it to the seller.
The leased car may not be more than 10 years old by the end of the lease term.
Yes, it can. If you would like to terminate your agreement early, please send us your request by e-mail email@example.com and we will send you the invoice for buying out the car. Once you’ve paid this amount to us, we will send you the termination documents and you can initiate the change of ownership in Regitra.
Yes, Casco insurance is mandatory. Insurance manages the main risks that may emerge when the leased asset is damaged or destroyed. Beneficiary shall always represent Luminor Lizingas UAB, code 111667277.
For further information on insurance terms and conditions, click here.
In case of an insured event notify the respective institutions immediately (police, fire protection service, etc.), and your insurance company.
Yes, you can. Please send us your request by e-mail firstname.lastname@example.org. Upon request, the options, and conditions for transferring your contract will be considered (the new conditions of the agreement may differ from the current agreement).