First Car - TREZOR

First Car :

Incentive program for new car purchase is aimed at facilitating the access of individuals to purchase a new car by contracting loans guaranteed by the state through FNGCIMM.
 The car produced in intra-Community or imported, will fulfill the minimum requirements of Euro 5 and be purchased from businesses which have the object of selling vehicles at a purchase price not exceeding EUR 50,000 lei, plus VAT. Program recipients must have an advance of 5% of the purchase price of new passenger cars and undertakes to ensure vehicle procured through a CASCO insurance policy under the provisions of GEO 66/2014, as amended and supplemented.

Legal framework:
a) Government Emergency Ordinance no. 66 of 10.15.2014 on the approval of stimulating the purchase of new cars, as amended and supplemented;
b) Government Emergency Ordinance no. 72/2014 amending and supplementing Government Emergency Ordinance 66/2014 on the approval of stimulating the purchase of new cars.
c) Government Decision no. 1053/2014 for the approval of the application of GEO no. 66 of 15.10.2014 regarding incentive program for new car purchase, as amended and supplemented;
d) Minister of Finance and the Minister Delegate for Budget approving the form and content of the security agreement referred to in article 2 letter d) of the Convention referred to in article 6 and article 9 of the document provided. (1) of GEO. 66/2014, as amended and supplemented, and determining the level of the guarantee premium payable by the beneficiary Programme to stimulate the purchase of new cars.
e) general instructions relating to operations based guarantee mandate under Emergency Ordinance no. 66 / 10.15.2014 on the approval of stimulating purchasing autorisme new amended and supplemented.

For more information please visit:
National Credit Guarantee Fund for Small and Medium Enterprises (FNGCIMM)