The buyer pays a certain part of the price of the car (initial payment), and then pays a fixed monthly amount each month for the full purchase of the car during a certain period (leasing term). For its services, the leasing company usually charges a single commission from the buyer at the conclusion of the leasing contract. The leasing company will buy the car for you and then sell it to you under a lease, in connection with which it charges an interest on the amount of your debt. Each leasing company determines at its discretion the amount of interest. As a result, the amount of the down payment, commission and monthly payments will be higher than the standard price when you buy the car at the car dealership. The owner of the car until the full redemption is the leasing company, then the rights of the owner pass to the buyer.

No warranty is required from the buyer. The car must be insured against all risks annually (Casco insurance). Insurance costs are borne by the buyer. The cost of insurance may vary depending on the leasing company. Usually, in the case of leasing, the buyer has no contractual relationship with the car supplier (car dealer). The buyer signs the contract with the leasing company in which the conditions of the leasing contract are described in detail. To address the issue of leasing to the potential buyer, a package of documents is provided in accordance with the requirements of the appropriate leasing company. During the term of the leasing contract, the buyer uses the car on the basis of a power of attorney issued by the leasing company, because the technical passport of the car is issued in the name of the leasing company.