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Begin the year with a new car

Commission fee of 0.75% for leasing applications in the internet bank

The offer is valid until 31 March for the purchase of new cars by completing a leasing application in the internet bank. The standard commission – 1.5% of the car price.*


9000 EUR

The minimum sum of funding

Up to

7 years

Term of lease

Starting from


The first deposit

Favorable terms

By submitting a leasing, you will receive a fixed low interest rate:

  • 2.20% per annum (+ 3 months EURIBOR) – for the purchase of new cars on lease;
  • 1.85% per annum (+ 3-month EURIBOR) – for the purchase of a new and little-used (up to 3 years) car with a hybrid engine.

Reach your goal in just a few steps

  • Choose a car you would like to purchase
  • Apply for leasing and receive an answer about your financing opportunities
  • In the agreement you can choose the insurance for your car
  • Sign the agreement remotely
  • Make the first deposit
  • Register your car at the Road Traffic Safety Directorate (CSDD)
  • SEB leasing transfers funds to the car seller

We encourage you to choose an electric car

  • A special interest rate 1,45% +3 months EURIBOR
  • First deposit for operating and financial lease starting from 10%
  • Lower maintenance costs
  • Special price for CASCO insurance
  • Your responsible choice for our planet


Feedback from our customers

"I received the car before the competing bank was able to make an offer. Speed is important today. Thank you!"

Comment from NPS survey

"I have taken both a housing loan and a car lease from SEB. SEB has made good offers without excessive question-and-answer round and time delay."

Comment from NPS survey

"Pleasant and fast service remotely (by phone and e-mail)."

Comment from NPS survey

When choosing leasing in SEB you can be sure about lot of things

Reviewing your application within 1-2 business days
Apply and sign the agreement and other related documents remotely
Individual interest rate
Insurance and leasing payments could be in one invoice

Insurance for protection in unexpected situations

Both CASCO and MTPL insurance are provided by If insurance.

Learn more about vehicle insurance.

Please send your CASCO insurance policy to or deliver it to SEB customer service point.

Information about the distributor of insurance products (PDF, LAT)

Advantages of CASCO:


  • A special price offer for our customers
  • Unlimited car replacement cover
  • Possibility to split insurance premium in 12 payments
  • Insurance is valid in Europe without an additional cost


Leasing calculator

*Calculation example:
The monthly payment is 529 EUR, assuming that the car purchase amount is 30 000 EUR, the amount of customer’s down payment is 3000 EUR (10% of the purchase value), the term of the financial lease is 5 years, the interest rate is 2.5% + variable 3M EURIBOR, and the commission fee for processing the leasing is 450 EUR (1.5% of the car purchase amount). The annual percentage rate is 7.47%. The total amount to be repaid during the lease term is 32 167 EUR. This example is for informative purposes only, and the situation of each customer is assessed individually.

Types of leasing


Suitable if you plan to use the car for a long period of time and receive the car into ownership at the end of the lease term.


Suitable if you plan to use the car for a certain period of time and return the car at the end of the lease term without selling it. If you wish to use the car for a longer period of time, you may replace the operating lease with a financial lease.

Comparison example

Price of the vehicle – 15 000 EUR

Term – 5 years

First deposit – 10% or 1500 EUR

Commission fee – 1,5% or 225 EUR

Calculate the most beneficial leasing using the calculator

Service Financial lease Operating lease

Monthly instalment (60 months)

242 EUR 162 EUR

Residual value at the end of the lease (35%)

0 EUR 5250 EUR

Total costs

16 245 EUR 11 445 EUR

Vehicle is transferred into the ownership of the customer

Vehicle is returned to the SEB leasing
Service Fee
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 document copies from archive by clients' initiative 34.00 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 (in case of floating interest rate)1 Free of charge
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) Free of charge
Fee for renewal of lease agreement by the Customer initiative without changes in the leasing agreement2 95.00 EUR (incl. VAT)
Commission fee for giving consent to transfer a vehicle to a trading company 95.00 EUR (incl.VAT)
Fee for uninsured Lease object monitoring3 12.10 EUR (incl. VAT)
Fee for preparing the final invoice for a third party 50.00 EUR (incl. VAT)

1 In case leasing agreement is with fixed interest rate, for repayment before term additionally is applied compensation for fixed interest rate termination expenses, but not more than stated in rules “Rules about crediting consumers" by The Cabinet of Ministers".

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

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

Have a question about leasing or purchasing a car?

We will contact you at the earliest convenience to find the right solution according to your needs.

  • Our client executives will help you find the right solution for your needs
  • We have a dedicated team of profesionals you can trust
  • 90% of requests get feedback in less than 2 hours

We will contact you at the earliest convenience to find the right solution according to your needs.