/ Financial Service / Leasing

Leasing

Volkswagen on lease is a service for legal entities and entrepreneurs

Advantages of leasing

  • Time and money saving on vehicle registration and maintenance of the company’s car fleet
  • Technical servicing:
    • All technical checkup expenses are included into lease payments
    • Out of turn servicing at the most convenient for you time on authorized technical service stations
  • CASCO and third party liability insurance
  • Tires:
    • seasonal tire replacement
    • tire replacement in case of wear
    • tire depositing in warehouse
  • Another car is offered in case if replacement is necessary
  • Service support in all regions of Ukraine
  • Fuel credit card
  • 24/7 technical support line
  • Possibility to restructure the lease payment schedule depending on your business seasonality
  • Tax consultations from the leading audit company

Operating lease peculiarities

  • Tax optimization: 100% of operating lease payments for commercial vehicles are expensed at gross expenditures
  • Payments handling optimization:
    • All accounting and any other documents related to car use are drawn up and processed be the leasing company
    • You pay the monthly payments by one amount
  • More beneficial conditions and quality service compared to credit
  • No property rights problems
  • A lease appears on the balance sheet of a lessor
  • When the lease term expires a lessee has a pre-emptive right to buy out the vehicle or prolong the lease agreement assuming the residual value
  • Fleet renewal each 2-4 years
  • New vehicle is given immediately upon lease agreement termination without down payment
Finance lease peculiarities
  • Possibility to expense the whole vehicle value at gross expenditures within the depreciation norms limits
  • A vehicle appears on the balance sheet of a lessee
  • When the lease term expires a lessee has a pre-emptive right to buy out the vehicle or prolong the lease agreement assuming the residual value
Vehicle lease procedure
  • A leasing company purchases the vehicle as per your order from official dealer
  • A lease term may vary from 12 to 60 months
  • A lessee pays the down payment in the amount of 0 to 30% of the vehicle’s value and monthly lease payments for using the vehicle
Documents necessary for car lease (copy)
  • Statute
  • Articles of incorporation (if available)
  • State registration certificate
  • Tax payer certificate
  • VAT payer certificate
  • Documents confirming the powers of company officials (minutes, order)
  • Three passport centrefolds of General Manager and Chief Accountant
  • Balance sheet (Form 1) for the past 4 periods
  • Financial results statement for the past 4 periods
  • Lessee application form