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- What are the conditions to be met in order to extend the leasing contract?
The leasing contract may be extended in the following conditions:
- all installments should be paid up to date;
- the documentation necessary for the financial analysis of the client:
- balance+ balance sheet for the previous year bearing the endorsement of the State Revenue Office
- balance+ balance sheet for the current year
- extension application (maximum 1 year)
- the payment of all costs related to the contract extension (administration/ extension – customs, extension of license number)
- If I extend my leasing contract, which will be the new due date for the installments?
The due date of the installments will be established according to the term of the customs statements.
- if the customs declaration is due by 15 of the month, the due date will be 15 of the month
- if the customs declaration is due after 15 of the month, the due date will be 1 of the month
- Under what terms may somebody else buy the vehicle that I have in leasing?
The vehicle may be bought by another person at the end of the leasing under the following terms:
- in case the final buyer is a legal entity:
- the initial client should have paid all installments up to date
- the agreement by decision of the General Meeting of Associates of the company handing over the vehicle shall be submitted
- the agreement by decision of the General Meeting of Associates of the company taking over the vehicle shall be submitted
- the initial client should have paid all installments up to date
- in case the final buyer is a natural person:
- the initial client should have paid all installments up to date
- the agreement by decision of the General Meeting of Associates of the company handing over the vehicle
- copy of the IC of the person taking over the vehicle
- May I pay the residual value in cash?
Natural persons and authorized natural persons may pay in cash the residual value of the vehicle (based on a prior notification). For natural persons, the cash receipts are subjected to the lawful limitations in force regarding the maximum amounts that may be paid in cash.
- If I want my vehicle to be assessed, where can I go?
First of all the vehicle under a Tiriac Leasing contract shall be fully paid so that the user may become the owner of the vehicle. For the assessment of the vehicle you may contact the TiriacAutoRulate dealers.
- What do I have to do if I want to sell the vehicle under a Tiriac Leasing contract in order to buy a new one?
First of all the vehicle under a Tiriac Leasing contract shall be fully paid so that the user may become the owner of the vehicle. For the assessment of the vehicle you may contact the TiriacAutoRulate dealers. After the vehicle is checked in an authorized service and after the periodic technical inspection (ITP) is carried out, the car shall be sold to a TiriacAutoRulate dealer.The cashed amount shall represent the advance or part of the advance for another vehicle sold by Tiriac Auto, which shall represent the object of a new contract with Tiriac Leasing. In case the owner is not interested in signing a new contract with Tiriac Leasing, the assessed vehicle may be may be consigned by the TiriacAutoRulate dealer.
- What are the conditions to be met in order to assign a leasing contract?
The leasing contract may be assigned only based on the explicit agreement of the leasing company. The assignee has to submit for analysis the same set of documents which the assignor submitted when applying for the respective funding. If the assignee meets the evaluation criteria, the assignment will be accepted, after the payment of the analysis tax.
- Is it possible to end a leasing contract before its term?
The leasing contract may be ended before the expiration of the initially agreed term, but not earlier than 12 months from the date the leasing object was handed over to the user. (according to the provisions of G.O. 51/1997, as republished in 2000, the minimum duration of a leasing contract is 12 months). The conditions under which the duration initially agreed in the leasing contract may be reduced are the following: full payment of the contract value, including its residual value. The due date of the installments will be established according to the term of the customs statements. The vehicle may be bought by another person at the end of the leasing under the following terms: full payment of the contract value, including its residual value.
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Find out what vehicle you can purchase, depending on the monthly installment that you deposit. |
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Because we want the Tiriac Leasing services to fit your needs perfectly, we need your guidance. |
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