People often use “leasing” and “car loan” as if they meant the same thing. The difference affects whose name the car is in, what you sign and how you can repay.
City Leasing JSC · Updated: 2026-11-15
Who owns the car
With a typical car loan you buy the car and the lender takes a pledge over it. With leasing, the leasing company holds the car and you receive the right to use it for the length of the contract.
At City Leasing the car is registered in the company’s name and you get full official driving rights. We do not install GPS trackers.
What City Leasing offers
- Financing up to 70% of the car’s market value
- Effective rate from 24% a year, in Georgian lari
- Term from 3 to 48 months
- Hidden fees: 0%
- Early repayment at any time, 0% fee
- No down payment is paid to City Leasing and none has to be shown; the buyer and seller agree the rest between themselves
What you need to apply
You need an ID card (or passport) and the technical passport of the car you chose. A driving licence is not required.
You apply online. In working hours a preliminary answer arrives by SMS within 20 minutes, and signing the contract and transferring the funds takes 30 minutes.
How to compare two offers
- Compare the effective annual rate, not only the nominal one
- Ask for the full cost over the whole term, fees included
- Find out what early repayment costs
- Check the currency: at City Leasing every contract is in lari, so a change in the dollar rate does not affect your payment
- Ask whose name the car is registered in and which restrictions apply (for example, GPS)
Work out your monthly payment in the calculator · All guides