Green car leasing for individuals
Leasing for individuals buying a new or used zero-emission or low-emission car, with interest margins based on the vehicle’s CO₂ emissions.
Denne finansieringsmuligheten er foreløpig beskrevet på engelsk.
For a car with zero CO₂ emissions, the advertised interest margin starts at 1.49% plus six-month Euribor. For a car emitting 1–95 g CO₂/km, it starts at 1.69% plus six-month Euribor. Euribor is the variable part of the interest rate, so your contract rate can change every six months. The emissions figure must use WLTP, the vehicle-testing procedure used for the car’s published emissions data. Your offered rate depends on your profile and chosen vehicle; negative Euribor is treated as zero.
With capital leasing, you pay the car’s full value and become its owner at the end. With operational leasing, a residual amount remains: you can pay it to keep the car, sell the car and pay that amount, or return the car to the seller. To return it, present it for inspection at least one month before the contract ends; it must meet normal-wear requirements.
The agreement fee is 1% of the vehicle price, with a €200 minimum. The green conditions also include a 10% discount on Swedbank comprehensive insurance for the first year.
As the car’s responsible user, you pay Estonia’s annual vehicle tax. A registration fee applies before the car’s first registration in Estonia, or on its first change of ownership if that fee has not already been paid. Taking ownership yourself at the end of the lease is exempt; a third-party purchase is not.
Eligibility
- The new or used car must have zero emissions or emit 1–95 g CO₂/km under WLTP to qualify for the green conditions.
- Your net monthly income must be at least €800, or at least €1,300 with a co-applicant.
- Financing starts at €10,000; the published minimum vehicle price is €11,200. The down payment starts at 10%.
- The lease can last up to seven years, or up to five years for operational leasing. The car must be no more than 15 years old when the lease ends.
- Comprehensive insurance and motor third-party liability insurance are required.
How to apply
- Status
- Løpende søknader
After choosing a car, submit the car-leasing application through Swedbank’s internet bank or at the dealership. Swedbank will contact you. If the seller is not a Swedbank cooperation partner, order a vehicle valuation report.
Sign the agreement in the internet bank and make the down payment. The seller starts registration in Swedbank AS’s name with the Estonian Transport Administration. Arrange comprehensive and motor third-party liability insurance for the car.