Azerbaijani Leasing Company Offers Auto Leasing Service
Azerbaijan, Baku, 17 June / Trend / Parex Leasing & Factoring has offered a new terms of auto leasing, envisaging advance payment formed at the level of 20% of car's price, the company said.
"Active application of a special offer on purchase of cars, attractive terms of financing and close cooperation with official salons and distributors of leading manufacturer in Azerbaijan enabled Parex Leasing & Factoring to be one of the leaders in this market," the company said.
Parex Leasing & Factoring has changed the terms of 'Leasing cars for individuals', and from now on every citizen can buy any motor transport means at leasing, paying primary payment of 20% interests of the car's price. Within the framework of this program, the maximal term of car leasing is 60 months and interest rate ranges from 18% a year. In accordance with the terms of the project, cars with the production date beginning from 2004 and unlimited price are liable to financing.
Parex Leasing Factoring, a leasing company with 100% of Latvian capital, has been operating in Azerbaijan since March 2005.