The best leasing is secure
Benefits
Lower debt service with the possibility of contracting a residual value to be settled at the end of the contract (optional).
Flexible set up terms, initial entry and residual value.
Solution for new vehicle acquisition at a discount rate.
A process organisation fee and a contract change/reformulation fee, previously defined by the Bank, will be charged.
To subscribe for the Auto Leasing Pack, visit any Millennium bim Branch.
An index interest rate, applicable as of the date of granting the corresponding facility will be charged, with an additional spread established at the Credit Risk level. If you subscribe for the Mais Auto Insurance, you will have access to a reduced spread.
The contract allows the Customer to use the vehicle temporarily, against a lease payment for a certain period. At the end of the period, you will have the option to purchase the vehicle with the payment of the residual value.
Financing Amount
|
Financing Amount |
Up to 90% of the acquisition value |
---|---|---|
Term
|
Term |
Min: 24 months Max: 60 months |
Interest Rate
|
Interest Rate |
Financial System Prime Rate + Spread with 1% discount if insurance is taken out with Millennium bim. |
Initial Entry
|
Initial Entry |
10% to 20% |
Residual value
|
Residual value |
Minimum 2% and Maximum 10% |
Currency
|
Currency |
Metical (MZN) and Dollar (USD) |
Guarantees
|
Guarantees |
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