Auto Leasing is BB Leasing’s product for buying a new or used vehicle on lease, with the asset itself serving as collateral. The car is registered to the lessee while monthly lease payments are made over the agreed term.
The product is aimed at both individuals and businesses that prefer financing a vehicle rather than paying the full price upfront. The minimum lease amount is 5,000 GEL with a minimum down payment of 500 GEL.
What's good
- Low minimum lease amount and down payment
- Works for both new and used cars
Trade-offs
- Vehicle stays as collateral until the lease is repaid
- Interest rate is quoted individually, not published
