9000 EUR
The minimum sum of funding
7 years
Term of lease
10%
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 apdrosinasana@seb.lv or deliver it to any SEB branch.
Information about the distributor of insurance products (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
Types of leasing
Financial
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.
Operating
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
| 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 |
At some point you might need some of this
| 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)1 |
| 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)2 | 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 agreement3 | 95.00 EUR (incl. VAT) |
| Commission fee for giving consent to transfer a vehicle to a trading company | 34.00 EUR (incl.VAT)4 |
| Fee for uninsured Lease object monitoring5 | 12.10 EUR (incl. VAT) |
| Fee for preparing the final invoice for a third party6 | 50.00 EUR (incl. VAT) |
1 Starting from 1st of March 2022 the fee for making changes to the agreement or payment schedule at the initiative of the customer has been canceled, in cases where the client requests a grace period. In other cases, the fee remains unchanged – 150 EUR (including VAT).
2 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".
3 In cases when expropriation process of leased asset is not started.
4 Starting from 1st of March 2022 the fee for agreeing to hand over the vehicle to the transport company will henceforth be 95 EUR (including VAT)..
5 The fee is charged if the Lease object is not insured for more than 30 days.
6 Starting from 1st of March 2022 a new fee will been introduced for preparing the final invoice for a third party – 50 EUR (including VAT).
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.
