Financial Leasing - FAQ

Here you can see what the steps are for taking a car on financial

Porsche Leasing finances the purchase of second-hand cars not older than 5 years, which are offered by all authorized Volkswagen & Audi dealerships in Bulgaria.

Contact number for all questions related to your leasing contract or insurance policy:

+359 (0)2 489 9100

You can drive the leased car abroad, but you must have a notarized power of attorney from us. Also, make sure that the countries you will be traveling to are covered by Third-party Liability and Casco insurances.

You can submit a request for a power of attorney abroad here.

For questions, contact us at phone: +359 (0)2 489 9100.

The amount of interest is calculated depending on the risk assessment and/or the number of leased cars. The leasing schemes offered are with variable interest rates based on three-month EURIBOR. Interest is charged on the amount financed by us.

EURIBOR is the interest rate offered by the first-class banks participating in the London International Banking Market for deposits in Euros. In the event that the three-month EURIBOR changes compared to the time of the last adjustment of the interest, respectively the date of delivery of the car, by more than 25 basis points (one percentage is equal to 100 basis points), an interest adjustment is carried out - for financial leasing, or of the monthly payment - for operation leasing, as of the first day of the month following the corresponding calendar quarter, which adjustment is analogous to the change in the three-month EURIBOR. The three-month EURIBOR on the first day of the previous month is used as the basis for calculation compared to the three-month EURIBOR on the day of the last interest/payment adjustment, respectively on the date of handover of the car.

The down payment is from 20% to 45% of the value of the car and its amount is determined by the customer himself. It represents the customer's personal involvement in the transaction. No interest is charged on it. It is paid upon signing a leasing contract, and payment is a condition for the start of the contract.

If necessary and in accordance with the customer's creditworthiness, Porsche Leasing has the right to require the provision of the following guarantee: promissory note or contract surety.

Payment is made in monthly payments, including principal repayment and monthly interest on the remaining principal. Payments are accepted only by bank transfer to the current account of Porsche Leasing:

PERSONAL IBAN

Payments to Porsche Leasing are made in the national currency, and the BNB fixing of 1.95583 is used to calculate the amount in Bulgarian leva.

You must notify us in writing in a manner convenient for you:

- e-mail: info@porscheleasing.bg

- post address: Porsche Leasing BG EOOD, гр. София, Mladost 4, Business Park Sofia, build. 12А, floor 2

New passenger cars are subject to technical inspection in the third year from the date of initial registration, and new light trucks in the second. After the first inspection, the car is again subject to such inspection annually. You can go to any workshop authorized to carry out annual technical inspections. For this purpose, you will need a copy of the large registration card and paid road tax for the relevant year, which you can get from Porsche Leasing.

You should immediately contact a Porsche Leasing representative who will give you instructions according to the specific situation.

Keep in mind that the absence of a key is a prerequisite for the insurer to refuse to pay insurance compensation in case of theft of the car, so it is absolutely necessary to take all precautions until the problem is solved and the car is in a safe place.

The instructions you will receive from Porsche Leasing will be agreed with the insurer to ensure insurance coverage after the problem has been rectified /ordering a new key or a set of new locks and keys/.

Contact a Porsche Leasing representative to request duplicates of the relevant documents. Porsche Leasing will provide you with a duplicate of the small registration card of the car, as well as the card and the Third-party Liability policy. You will need to visit an Annual Technical Inspection location to obtain a new annual car technical inspection card.

The maximum term of financial leasing contracts is 5 years.

The financial leasing contract can be terminated after the expiration of at least 6 months from its entry into force. The lessee must submit a prepayment application, in response to which he will receive from Porsche Leasing a statement of all amounts due for termination. After the payment of these amounts, the lessee receives the relevant invoices for the payments made and the car is notary transferred.

Yes, it is possible. In this case, the third party must provide Porsche Leasing with a complete set of documents to assess its creditworthiness. The documents can be found here.