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Car leasing - fastest way to a new car

Car leasing - fastest way to a new car
  • For purchasing a new or low-use car
  • Fill out the application and receive a response within one working day
  • Special leasing conditions even if you are not a Luminor customer
  • Special offers for our customers
Apply
See what I can afford

Car leasing or loan?

Choose the right solution

Interest rate from
1.45 % + 3-month Euribor

Funding from €8,000

Funding up to 90 % of the purchase price of the car

Financial or operational leasing for acquisition of new and used cars

  • Special leasing interest rate offer for new cars:
    - 1.45 % per year + 3-month Euribor – for electric cars
    - 1.49 % per year + 3-month Euribor – for low-emission cars (CO2 ≤ 50 g/km)
    - 1.79 % per year + 3-month Euribor - for medium-emission (CO2 51-130 g/km) and hybrid cars
    - 1.89 % per year + 3-month Euribor - for other cars
  • Leasing interest rate for used cars
    - starting from 1.89 % per year + 3-month Euribor - for electric, low or medium-emission (CO2 ≤ 130 g/km ) and hybrid cars
    - starting from 2.20 % per year + 3-month Euribor - for other cars
  • Agreement fee 1,5 % of the purchase price of the car (no less than €165, including VAT)
  • The term of the financial leasing is up to 7 years, operational leasing - up to 5 years
  • At the end of the financial leasing term, the age of the car may not exceed 13 years, at the end of the operational leasing term - 10 years
  • CASCO insurance is mandatory throughout the validity period of the agreement
  • The car shall be registered in the name of Luminor Līzings SIA
  • To use the service, you must be at least 21 years old
Representative example: Car purchase price €24 000, down payment €2 400, financing amount €21 600, financial lease term 5 years, leasing annual interest rate 1.89 %+ 3 month Euribor (2.16 % at 24.04.2025), agreement fee €360, total repayment amount €24 256.80, monthly instalment €398.28, annual percentage rate (APR) 4.84 %. CASCO insurance must be ensured for the car. This example is informative. Service provider: Luminor Līzings SIA (reg. No. 40003348054).
In case you make a full early repayment of the financial leasing, a proportional part of agreement fee will be automatically returned to your account for the period the leasing was not used.

Private leasing calculator

Leasing type
EUR
EUR
%
month
%
EUR
%

Estimated monthly payment: EUR

Contract fee: 360 EUR

The displayed result is informative and based on approximate calculation.

Representative example. Car purchase price €24 000, down payment €2 400, financing amount €21,600, financial lease term 5 years, leasing annual interest rate 2.20 %+ 3 month Euribor (2.16 % as at 24.04.2025), agreement fee €360, total repayment amount €24 439.20, monthly instalment €401.32, annual percentage rate (APR) 5.17 %. CASCO insurance must be ensured for the car. This example is informative. Service provider: Luminor Līzings SIA (reg. No. 40003348054).

Representative example. Car purchase price €24,000, down payment €2,400, financing amount €21,600, operational leasing term 5 years, residual value 30 % of the car purchase price, leasing annual interest rate 1.89 %+ 3 month Euribor (2.16 % as at 24.04.2025), transaction processing or commitment fee €360, total repayment amount (excluding down payment and including residual value) €24 949.38, monthly instalment €289.82, annual percentage rate (APR) 4.68 %. CASCO insurance must be ensured for the car. This example is informative. Service provider: Luminor Līzings SIA (reg. No. 40003348054).

Provide the below requested information to check how much you can borrow.

Number of borrowers
EUR
EUR
EUR

: EUR

: EUR

The displayed result is informative and based on approximate calculation.

Apply now Change

Additional info

Payment schedule table

Payment No.Unpaid partValue of assets to coverInterest rate amountTotal monthly payment

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For applying you will need

  • Leasing application
  • Your income statement
  • Evaluation report (for a used car)

Choose the right solution for you

Purchasing a car is an important and well-thought-out decision, moreover, the purchase often requires a bank support. But what is the difference between a car loan and a financial leasing, and which option is right for me? To help answer this question, we created a tool that highlights the key differences between the two financial solutions.
 
This result is based on approximate calculation and is not considered as the right financing solution in all cases.  Please contact a Bank representative to make the right decision.
€
€ 2 000
€ 100 000
€
€ 0
€ 100 000
€
Car loan: from € 2 000 Leasing: from € 8 000
Car loan: to € 20 000 Leasing: no maximum limit
years
1 year
7 years
year
1970
2025
View the result
Incorrect amount. Enter an amount between € 2 000 and € 100 000.
No down payment is required for a car loan, for financial leasing it is from 10% of the car purchase value.
The maximum repayment period for a car loan/leasing is 7 years.
For car loans, there is no car age limit. For financial leasing – at the end of the leasing term, the car's age may not exceed 13 years; at the end of the operating lease term – 10 years.
We cannot offer an appropriate solution for the specified criteria. Please fill out a loan or leasing application, and our financial advisers will help you choosing the most appropriate financial solution to make the right decision. For financial leasing, the down payment is from 10% of the car price, and the maximum age of the car at the end of the lease is 13 years.
Recommended
landplot
Car Loan
Financing for the car purchase without a down payment and no car age limit
Recommended
landplot
Financial leasing
Financing for the car purchase with a lower interest rate compared to a car loan, but the car age is limited and a down payment is required
Down payment
Down paymentNot needed
Down paymentFrom 10% of the car purchase value
Loan amount
Loan amountFrom EUR 2 000 to EUR 20 000
Loan amountFrom EUR 8 000
Interest rate
Interest rateFrom 8.9% per year, for environmentally friendly cars – from 6.9% per year
Interest rateFrom 1.89% + 3-month Euribor, for environmentally friendly cars – from 1.45% + 3-month Euribor
Used car valuation
Used car valuationNot needed
Used car valuationNeeded
Car age limit
Car age limitNo limit
Car age limitNot older than 13 years at the end of the lease
CASCO insurance
CASCO insuranceNot mandatory, but recommended
CASCO insuranceMandatory
Ownership
OwnershipOn the customer’s name
OwnershipOn SIA Luminor Līzings name
Minimum age of the customer
Minimum age of the customer18 years
Minimum age of the customer21 years
ApplyLearn more
ApplyLearn more

Car price Down payment Leasing amount Repayment term Variable interest rate Agreement fee Total repayment amount Monthly instalment Annual percentage rate (APR)
€24,000 €2,400
(10 %)		 €21,600 60 months 4.36 %* €360** €24 439.20 €401.32 5.17 %
The result is informative and based on an approximate calculation.
The customer is obliged to provide CASCO insurance for the car. CASKO insurance costs are unknown to the Bank, hence it is not included in the annual interest rate.
* Base rate 3M Euribor (2.16 % as of 24.04.2025), margin 2.20 %
** 1.5 % of the purchase price of the car

Loan amount Loan repayment term Fixed annual interest rate Loan agreement fee Minimum monthly account maintenance fee Total repayment amount Monthly instalment Annual percentage rate (APR)
€ 8 000 84 months 9.5 % € 0 € 1.30 € 11 092.20 € 130.75 10.27 %
The result is informative and based on an approximate calculation.

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About Luminor Līzings SIA
Insurance requirements (vehicles and equipment)

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See also: Banking packages, Car loan, Leasing Insurance

Service provider: Luminor Līzings SIA (reģ. nr. 40003348054)
Credit broker: Luminor Bank AS, reg. No 11315936, address: Liivalaia 45, 10145, Tallinn, Republic of Estonia, represented within the Republic of Latvia by Luminor Bank AS Latvia Branch, reg. No 40203154352, address: Skanstes iela 12, LV-1013, Riga, Republic of Latvia, telephone +371 67 17 1880, www.luminor.lv.