Green car leasing for individuals
Leasing for individuals buying new or used cars emitting up to 95 g CO₂/km under the WLTP vehicle emissions test.
Choose finance leasing if you want to pay for the full value of the car and become its owner at the end of the agreement. With operating leasing, you return the car to the dealer at the end and have lower monthly payments. The car is registered in the lessor’s name during the lease.
For a car rated at 0 g CO₂/km under WLTP, the published interest rate is 1.49% plus six-month Euribor. For a car rated at 1–95 g CO₂/km, it is 1.69% plus six-month Euribor. WLTP is the Worldwide Harmonised Light Vehicle Test Procedure; the car’s emissions figure under this test determines which pricing tier applies. Euribor is the variable part of the rate, and the rate can change every six months. The final interest rate depends on your customer profile and chosen car.
Financing starts at €10,000, with a repayment period of up to seven years and a down payment from 10%. The standard contract fee is 1.5% of the car’s price, reduced to 1.2% for Gold Service customers; the minimum fee is €150.
Eligibility
- This is the individual car-leasing route. Your monthly income after tax must be at least €700, or at least €1,200 together with a co-applicant.
- The green terms cover new and used cars with WLTP CO₂ emissions of 0 g/km or 1–95 g/km. The minimum car price financed by leasing is €11,000.
- The car must have CASCO comprehensive vehicle insurance and MTPL motor third-party liability insurance.
How to apply
- Status
- Open continuously
Choose a car and submit a car-leasing application through Swedbank Latvia’s Internet Banking or at the car dealership. A bank employee will contact you. Sign the agreement through Internet Banking and pay the down payment. New lending agreements can be signed online between 08:00 and 21:00; signing between 21:00 and 08:00 is not permitted.
Register the car in the lessor’s name with CSDD, Latvia’s vehicle registration authority, and arrange the required CASCO and MTPL insurance.