Vehicle leasing

Insurance contract is an element of leasing agreement. Machinery and equipment insurance must cover risks defined by lessor.
During the use of the leased vehicle and up to expiration of leasing agreement, you are required to renew the vehicle insurance policy and no-fault policy each year.
As a user of the leased vehicle, you are required to pay all fees, taxes, stamp duties, penalties, liquidated damages and other penalties to providers of parking, HRT subscription, as well as all other levies, costs and liabilities that are charged to the leased asset for the duration of the leasing agreement and/or result from the leasing agreement. The user of the leased vehicle must pay the tax for road motor vehicles (RMV) annually according to engine power in kW and vehicle age.

Leasing rentals/instalments, downpayments and fees are always paid in HRK. Commitments under agreements concluded in EUR are expressed in that currency, and payment is carried out in HRK according to the selling rate of Zagrebačka banka on the day of payment.

Leasing can be:

• operative (without acquiring ownership) provides you with the ability to use a vehicle that is returned after expiry of the agreement with the possibility of a new replacement
• financial (full ownership) is a long-term lease with the clear intention of buying a vehicle with which the user gains full ownership after expiry of the agreement. i.e. last instalment payment