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Business leasing for buying a car

  • New and used cars, small commercial vehicles
  • Professional support
  • A good insurance offer
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7000 EUR

Minimum financed amount

From

2,1 %

Interest rate

Up to

7 years

Lease term

Starting from

10%

Down payment

The most popular cars in Latvia reviewed

With car expert Normunds Avotiņš.

Calculate the best deal for you

The amounts calculated using the calculator are informative.

Interest rate – a variable interest rate, assuming that it will not change throughout the duration of the Agreement.

Residual value – with operating leasing the value of the car at which the seller agrees to repurchase it at the end of the term of the agreement. An agreement for the terms of repurchase is signed with the seller.

Annual interest rate (AIR) – the total costs of the loan expressed as a percentage of the loan principal granted to you.

Types of leasing

Financial

Suitable, if you plan to use the car for a long period of time and want to become the owner at the end of the lease.

Operating

Suitable, if you plan to use the car for a certain period and want to return the car at the end of the term, not wishing to sell it. If you wish to use the car for a longer period, you may replace the operating lease with the financial lease.

Example comparison

Price of the vehicle 10 000 EUR (incl VAT)
Term 5 years
Down payment 10% or 1 000 EUR
Commision fee 1.5% or 150 EUR
Financial lease Operating lease
Monthly instalment (60 months) 161 EUR 122 EUR
Residual value at the end of lease 0 EUR 2500 EUR
Total costs 10 810 EUR 8470 EUR
Vehicle is transferred into the ownership of the customer. Vehicle is returned to SEB Leasing.

*The annual interest rate in the calculated sample is 3.49%
 
Lease conditions depend on the chosen vehicle and your ability to pay. To get a personal lease offer, please submit an application.

Simple to apply

1.
Submit a leasing application

2.
We will send you an offer in 1-2 working days

3.
After a positive decision, sign the agreement

Insurance for your assurance

Get insurance from SEB in cooperation with the insurer If P&C Insurance AS Latvian branch

IF Logotype

Price list

Services Fees
Lease application review Free of charge
Fee for the preparation of leasing agreement 1,5% of the price of leasing object,
min 150.00 EUR (incl. VAT)
Additional commission for preparation of leasing agreement in 2 languages (Latvian and English) 150.00 EUR (incl. VAT)
Changes in leasing agreement or payment schedule by clients' initiative 150.00 EUR (incl. VAT)
Issuing of documents (accounting statements, etc.)  and issuing of document copies from archive by clients' initiative 34.00 EUR (incl. VAT)
Issuing statements of paid contract interest
(submission to Rural Support Service)
11.00 EUR (incl. VAT)
Issuing power of attorney for going outside borders of the Latvian Republic for one person 30.00 EUR (incl. VAT)
Fee for sending invoices via post 3.50 EUR (incl. VAT)
Fee for leasing repayment before the term incl. additional invoice issuing for partial repayment 1,5% of the issued outstanding lease amount,
min 50.00 EUR (incl. VAT)
Fee for leasing repayment before the term cancellation 34.00 EUR (incl. VAT)
Fee for preparation, formatting or coordination of documents in case of the refinancing of leasing in another finance institution (agreements, contracts and their changes, requests, applications and others) 1,5% of the outstanding lease payments,
min 260.00 EUR (incl. VAT)
Fee for renewal of lease agreement by the Customer initiative without changes in the leasing agreement1 95.00 EUR (incl. VAT)
Commission fee for giving consent to transfer a vehicle to a trading company 34.00 EUR (incl.VAT)
Fee for uninsured Lease object monitoring2 12.10 EUR (incl. VAT)

1 In cases when expropriation process of leased asset is not started.

2 The fee is charged if the Lease object is not insured for more than 30 days.

More leasing options

Green leasing

  • To support sustainable decisions in your daily life
  • Special interest rate for battery powered electric vehicles

Commercial vehicle leasing

  • Cargo trucks, trailers and specialised transport
  • Buses, minibuses 
  • Other commercial vehicles
  • New and used vehicles

Other financing solutions

Investment loan

Expand your business and acquire fixed assets without using working capital.

Microloan

Financing up to 20,000 EUR without a commercial or real estate collateral.

Financing for agricultural companies

Different financing options to support the growth of companies active in agricultural sector.

Want to make sure you find a suitable solution?