Discover our easy full-service lease solution for your business

Amendments to the agreement and invoicing

Invoicing of lease payments

Lease payments are invoiced in advance. The invoice is issued every month or every three months and delivered by post. If you have taken out a comprehensive A1 Liikennekasko insurance policy on the car, the insurance premiums are included in the same invoice as the lease payments. The lease payment is fixed.

The lease payment is based on the agreed kilometre allowance and it includes regular after sales services as stated in the maintenance manual, repair costs resulting from normal wear and tear and tyre replacement.

E-invoicing

Your company has the option of receiving e-invoices. If you would like to get e-invoices instead of paper invoices, contact our Customer Service and tell them your company’s e-invoicing address and operator ID.

Termination of your lease agreement

If you want to terminate your full-service lease agreement early, please contact the car dealership. The seller will inspect the car and fill in a form regarding the termination of your agreement. We will make a calculation which will determine the costs arising from the termination of the agreement.

Agreeing on a repayment period

If you would like to agree on a repayment period, please contact our Customer Service by phone or send us customer mail via Nordea’s Netbank. Due to bank secrecy, we cannot handle credit-related matters via email.

Change of due date

If you want to change the due date of your monthly payments under your lease agreement, please contact our Customer Service. Changing the due date of an invoice is subject to a fee set in our tariff.  

Overpayments

If you wish to pay more than your usual lease payment, you can make an overpayment. If you want to reduce your upcoming lease payments by making an overpayment, you must make a change to the repayment schedule in your agreement. To adjust your repayment plan and change the repayment schedule of your outstanding lease payments, please contact our Customer Service or send us customer mail via Nordea’s Netbank.

Changing the repayment plan is subject to a fee set in our tariff. 

Kilometre allowance amendments

If you are covering considerably less kilometres than the kilometre allowance originally set in your lease agreement or you are about to exceed your agreed kilometre allowance, it makes sense to amend it. The amendment will be made for the remaining lease period and it will subsequently decrease or increase your monthly payments.

If you want to amend your kilometre allowance, please contact Nordea Finance Customer Service. Nordea Finance calculates the kilometre charge for going over/under your allowance.

The amendment is subject to a transaction fee set in our tariff. 

Lease payments and taxation

You can deduct the entire lease payment as expense in taxation. VAT is deducted from each lease payment.

 

Are you taking your car out of the country?

When you are planning a road trip abroad, you need to request written permission from us to take your car out of the country. Remember to order the document about two weeks before leaving for abroad. We also recommend contacting your insurance company well in advance to make sure that your car insurance covers travelling abroad.

When taking your vehicle to abroad or to Åland, you must bring with you the technical part of the registration certificate which you can order directly from Traficom’s e-Services or a vehicle inspection facility.

Permission to take a vehicle abroad can be granted for:

• Travelling in Europe (subject to the restrictions below)
• The duration of the trip (maximum 6 months)
• Permission to take a vehicle abroad is not granted for trips outside Europe.

You are entitled to get permission if:

• The lease payments under your finance agreement are up to date
• You have valid motor liability insurance and comprehensive motor vehicle insurance policies
• Your insurance premium payments are up to date
• Your insurance covers damage to the vehicle for which permission is requested and damage to the vehicle of the other party involved in your destination.

f your destination is Russia, Belarus, Ukraine, Moldova, Kosovo or Turkey, please contact our Customer Service. In addition, your insurance company must provide us with a written confirmation of the validity of your comprehensive motor vehicle insurance if your insurance policy or the theft insurance included in your comprehensive insurance is not automatically valid in these countries.

Finnish motor liability insurance policies are valid in Russia after it joined the Green Card system in 2009. However, with motor liability insurance, the payout is usually low in Russia despite the Green Card system, as compensation for damage is paid out in accordance with the local laws. In order to ensure sufficient insurance cover, we may also require taking out a voluntary motor liability insurance policy.

For further information about the Green Card needed for travelling abroad, the Nordic countries excluded, please contact your insurance company or visit Insurance Centre’s website at www.vakes.fi Green Card is an international certificate of valid motor liability insurance. You can order it for free from your insurance company.

Order permission to take your vehicle abroad here. Permission to take your vehicle abroad is subject to a fee set in our tariff. Please note that if such permission is ordered and needed within the same day, you will be charged a fee set in our tariff.

Trading in your lease car

If you are looking to trade in a car mid-term, please contact the car dealership and salesperson from whom you leased the car. The seller will inspect the car and fill in a form regarding the termination of your agreement. We will make a calculation which will determine the costs arising from the termination of the agreement.

Regular after sales services and repairs

Your full-service lease includes all regular after sales services as stated in the maintenance manual and repair costs resulting from normal wear and tear. Regular after sales services and repairs are performed by an authorised servicing partner. The car also has separate instructions for after sales services and repairs, which are to be shown to the technician when bringing your car to the repair shop. They will charge us for all after sales services included in the lease agreement.

Inspection of your lease car

Your lease car is required to have its first inspection when it is three years old. This must be done no later than on the same date as the first registration date and no earlier than four months before this date.

We cover the costs of your full-service lease car’s annual inspections and A-Katsastus invoices us directly. If you take your car to another vehicle inspection facility, send the original receipt and your account number to our Customer Service and we will reimburse you for the inspection costs.

Nordea Finance does not cover the cost of inspections of lease cars. In accordance with the terms and conditions of the lease agreement, the lessee is liable to pay these costs.

Changes to your vehicle registration

Does your company need to make changes to your vehicle registration details? Do you want to take your car off the road or start using it again? Here you can find answers to these questions.

Adding another holder to the registration certificate of the vehicle

You can register another holder for your vehicle. In such a case, please contact our Customer Service. The co-holder is not required to have any contractual relationship with Nordea Finance. Adding a holder is subject to a fee set in our tariff and a fee set in Traficom’s tariff.

Register your car as off the road

A lease car can be taken off the road if your insurance company covers any damage which may occur during the time the car is registered as off the road. Contact your insurance company to check if your insurance policy covers the lease car during the time it is registered as off the road.

You can make an off-the-road notification by contacting our Customer Service. Making an off-the-road notification is subject to a fee set in our tariff and a fee set in Traficom’s currently valid tariff.

You are not allowed to drive a car that has been declared off the road until it has been registered as on the road again.

Commissioning to traffic  

When you want to declare your vehicle back on the road, please contact our Customer Service well in advance. Declaring your car on the road is subject to a fee set in our tariff and a fee set in Traficom’s currently valid tariff. We also recommend notifying your insurance company when your car is in use again.

You can also make these changes using your online banking codes in Traficom’s e-Services.  

Change of insurance company

If you want to switch your insurance company, fill in an insurance application in the new insurance company and ask them to contact our Customer Service. The insurance company will provide us with the necessary information and we will handle the change of your insurance company directly.

Change of insurance company is subject to a transaction fee set in our currently valid tariff and a fee set in Traficom’s tariff.

Upon the expiry of the agreement

When your full-service lease is about to expire, you will receive a letter from us asking you to return the car on the last day of your lease period to the car dealership from which you got it.

Follow the steps below:

• Contact the car dealership to agree on return time in advance.

• Make sure that you also hand in the original accessories, documents, code cards and all keys. Also ensure that both summer and winter tyres are returned with the vehicle.
  

• Clean and wash the car before returning it.

The car will be inspected for wear and tear, kilometres and any damage. The results of the inspection will be filled on a return form.

Please be present when your car is returned and inspected. By signing the return form, you accept any damage and defects found. The form is also signed by a representative of the car dealership. Ask for a copy of the return form.

File a claim to your insurance company for any damage caused by an accident. The repair shop will charge you the deductible related to this damage. If you have not filed a claim, the lessee is charged for the repair costs resulting from the damage in full.

Excess kilometre charge 

If you have gone over the kilometre allowance agreed on your lease, the lessor has the right to charge you any excess kilometres after the expiry of your agreement period or if your lease agreement is terminated during the lease agreement period. 

Lease extension

If you have been offered a lease extension and you have accepted the offer, your agreement period is extended by one year. Lease extensions are not offered beforehand for full-service lease agreements. If you wish to extend your agreement, please contact our Customer Service.

 

Finance Leasing Tariff, Corporate Customers

Valid from 1st of January 2023

Finance Leasing Tariff for Corporate Customers

An arrangement fee of 0.5% on the agreement capital, domestic / import leasing, min.	300 / 600 €
Bank guarantee, domestic / foreign	175 / 350 €
Personal or corporate guarantee, per guarantee	90 €
Other security (e.g. pledge)	175 €
Documentary credit or forward trade	850 €
Advance payment agreement (creation of the agreement and the first payment) following payments	175 € 90 €
Extension of the preliminary status, per lease agreement	175 €
Fee for aggregate invoicing, 1–2 agreements 3-10 agreements  more than 10 agreements	9 € 18 € 30 €
Adding an agreement to an aggregate invoice or change of due date	50 €
Invoicing fee of sales invoice	9 €
Copy of receipts or agreements, written confirmation or ordered reports	30 €
Liabilities statement	in accordance with the bank’s tariff
IFRS reports	100 €
Export registration urgent/same-day processing	50 € 75 €
Driving instruction permit	30 €
Investigations / alterations agreed on separately; hourly rate, minimum fee 100 €	100 € / h
Partial redemption of assets under the agreement / object	100 €
Rescission of the agreement	175 €
Registration / changes (registration costs subject to Traficom’s currently valid tariff are added to the price)	30 €
Change to repayment plan	200 €
Assignment of an agreement, merger	300 €
Extention of agreement	200 €
Cancellation of termination of agreement	175 €
Agreement on repayment period for lease payment	15 €
Reminder letter / call (no VAT added)	12 €
Draft (no VAT added)	42 €
Protesting a draft (no VAT added)	58 €

Valid VAT is added to the prices. This prices can vary based on the terms of the contract. In addition, any external costs that are caused for Nordea Finance from the procedures will be charged. When determining the fees for applying changes to a collection and payment plan, we always follow the valid debt collection legislation.

Forms and usefull links

Luovutuskirja (Trafin luovutuskirja)Opens new window

Leasing ostotarjouslomakeOpens new window

Liikenteen turvallisuusvirasto Traficom.fiOpens new window

Vakuutuskeskus Vakes.fiOpens new window

MaastavientilupaOpens new window

Palautus-, tarkastus- ja tarjouslomakeOpens new window