Leasing

Financial leasing is a type of leasing in which the customer pays the full value of the car in monthly installments and becomes the owner at the end of the lease term. During the leasing period, the customer fully covers the value of the car and pays interest. At the end of the financial lease term, the client receives a deed of termination of the covered liability and re-registers the asset in its own name. Private persons may conclude only financial leasing.

Operating leases are essentially long-term leases. During the lease period, the customer pays the rent, which is the difference between the purchase value of the car and the determined residual value. During the term of the contract, the customer pays only a part of the price of the car, paying for its depreciation or amortization. In the case of a finance lease, the car does not automatically become the property of the customer at the end of the lease term. At the end of the contract, the customer can redeem the car for its residual value (with an additional redemption fee), transfer the redemption right to a third party or return it to the seller.

Citadele Leasing provides a response on financing opportunities within 1-2 business days after receiving all the documents required to evaluate the transaction.

Citadele Leasing finances the purchase of cars, motor vehicles, commercial vehicles, various types of machinery and equipment. The leased object can be new or used.

You need to submit a request on the leasing portal for the buyout of the car. Upon receipt of the invoice and payment you become the owner of the property and you can then sell the car.

Leasing with residual value – a type of leasing where the lessee covers part of the property price specified in the leasing contract during the planned leasing period, and the remaining part of the property price is left to be paid together with the last payment, which is paid by the Lessee himself or the property is bought out by a third party – the buyer (if a buyout contract has been signed).

Leasing without residual value – A way of leasing where the client pays the entire value of the vehicle in equal parts, after which he becomes the owner of the vehicle.
 

Before the end of the leasing contract term, it is possible to buy out the property by paying the entire remaining leasing balance. For individuals – free of charge (if variable interest rates are provided in the contract), for legal entities – 1.5% of the unpaid amount, but not less than 150 EUR. Detailed information in the leasing price list.

After the end of the Financial Leasing Agreement and all payments have been made (if there are no debts under other contracts), the client does not need to apply additionally. Upon receiving a message in the system that the client has settled – End documents are issued within 1-2 business days along with instructions on how to submit a property acquisition declaration in the Eketris (Regitra) system. After confirmation, contact Regitra for property registration.

After paying a larger installment than planned in the payment schedule, you can submit a request for partial/early leasing coverage on the leasing portal. Upon receipt of the request, the payment schedule will be recalculated. You can always find the actual recalculated schedule on the leasing portal. The prepayment fee is set in the SIA “Citadele Leasing“ Lithuanian branch service price list for private clients: Rates for private clients | “Citadele“ Bank, business clients: Rates for business clients | “Citadele“ Bank.

7 years or 84 months.

Not older than 15 years at the end of the leasing term.

Any type of certificate can be ordered by sending a free-form request by e-mail to info@citadeleleasing.lt. Certificates are prepared within 10 business days from the date of submission of the request. A fee for prepared certificates is applied according to the leasing price list.

Necessary car registration in Regitra, car owner – leasing company, and you are the vehicle operator.

Write a free-form request to support@citadeleleasing.lt, indicating the name, surname and personal code or date of birth, and the contacts to be changed.