May I repurchase the vehicle prior to the expiry of the contract term?

Yes, you may do that – all you have to do is fill in the application and send as by email: lizingas@luminor.lt.

Will any charge be applied if I repurchase the vehicle prior to the contract expiry term?

A potential charge is specified in the General Part of the Financial Lease Contract.

Can I change the car prior to the expiry of the lease agreement?

Yes, you can. You need to find a buyer for the car on lease. In such cases, we recommend that you consult dealers of new and used cars, who could buy your leased vehicle and offer another one for you.

Where should I apply in case of an insured event?

In case of an insured event notify the respective institutions immediately (police, fire protection service, etc.), and your insurance company. Should you have any questions or concerns, please apply to our partner, insurance broker UADBB „AON Baltic“ tel. +370 5 252 6000

What shall I do if occasionally I am unable to make payments for the car on lease (due to temporary financial difficulties, for instance)?

It is best to contact us be email: lizingas@luminor.lt will find a mutually satisfying solution. For instance, you could:

  • Postpone payments for an agreed period of time (until you solve the problem that has emerged).
  • Extend the term of the lease agreement, which will minimize your monthly instalments.
  • Consult car sellers (we can recommend some), who could buy your leased vehicle.

What should I do when my financial lease agreement expires and all instalments have been paid?

In the case of financial lease, you become owner of the leased asset at maturity provided all instalments have been paid. This is finalized by signing a statement of Asset Transfer and Acceptance.

Why is my invoice different from the payments schedule?

Variable annual interest rate has changed.

When do I make the first leasing payment?

Interest calculated from the day when the asset was transferred till the start of a reference period is paid under a separate invoice.
Interest applicable until the start of the first reference period is not reflected in the payments schedule.
 

My CASCO insurance agreement has expired. How do I renew it?

On expiry of the CASCO insurance agreement, Luminor Lizingas UAB makes you an offer to renew the agreement. If you have already agreed on the terms and conditions of insurance, please send us your insurance policy by email luminor@aon.lt.

Can I pay several monthly instalments at a time?

Yes, you can. Notify us of your intentions no later than 30 days in advance by submitting an electronic enquiry lizingas@luminor.lt. You should also pay the amount you want to pay. Otherwise, the charge will not be executed.