Car financing

  • Car lease – a loan for a new car!

    If you’re thinking about buying a new car and you need a loan, car lease makes a perfect solution.

    • Interest rate for new cars – 1.99% + 6-month EURIBOR
    • Agreement can be signed via Internet Banking

    Borrow responsibly by fairly assessing your loan repayment capabilities.

Great car bargains right here on Internet Banking.

See the offers

Car lease / Car loan calculator

Sum EUR
EUR
Term
Term
Interest rate

The data provided by the calculator is for information only, however it gives you a picture of what could be the size of your monthly payments for сar loan (сar lease).

Information about loan costs

Consumer loan

Car loan

Car Lease

Monthly payment
Down payment Not needed Not needed From 10%
Loan amount From 500 up to 5500 EUR From 3000 up to 12 000 EUR From 5000 EUR
Repayment period 6-60 months 6-84 months 12-84 months
Monthly income From 252 EUR From EUR 600 From EUR 600
CASCO Recommended Recommended Compulsory
Collateral Not needed Not needed Car

Fill out the application

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Fill out the application

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Fill out the application

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Terms

Car loan
  • Loan from 3000 EUR to 12,000 EUR.
  • Down payment – 0 EUR.
  • Income from 600 EUR.
  • Interest rate from 8% to 17%.
  • Repayment period up to 7 years.
  • Commission fee: 1% of the loan amount (min 100 EUR).
  • Car valuation not required.
  • CASCO - optional.
Car Lease
  • Amount from 5000 EUR.
  • Down payment from 10%.
  • Income from 600 EUR.
  • Interest rate from 1.99%*.
  • Repayment period up to 7 years.
  • Commission fee: 1.5% of the loan amount (min 120 EUR).
  • Valuation required.
  • CASCO - mandatory.

* For a new car from dealership.

  • Save 853 EUR

    ŠKODA Kodiaq Active 1.4TSI 92kW/125Zs

    Price incl. VAT: 21 800 EUR
    Monthly payment: 202 EUR
    Rate: 1.99% + 6 mēn. Euribor

    Find out more
  • Save 1950 EUR

    KIA Sportage 1,6 LX Plus

    Price incl. VAT: 17 540 EUR
    Monthly payment: 164 EUR
    Rate: 1.99% + 6 mēn. Euribor

    Find out more
  • New!

    Honda CIVIC 5D 1.0 Comfort MT

    Price incl. VAT: 19 624 EUR
    Monthly payment: 183 EUR
    Rate: 1.99% + 6 mēn. Euribor

    Find out more
  • New!

    VW Golf Comfortline 1.0 TSI

    Price incl. VAT: 18 016 EUR
    Monthly payment: 168 EUR
    Rate: 1.99% + 6 mēn. Euribor

    Find out more
  • Rate 0,9%

    ŠKODA Octavia sale

    Price incl. VAT from: 18 684 EUR
    Monthly payment: 154 EUR
    Rate: 0,9% + 6 mēn. Euribor

    Find out more
  • Save 1570 EUR

    Toyota CH-R 1,2 Turbo Multidrive S Active

    Price incl. VAT: 21 820 EUR
    Monthly payment: 221 EUR
    Rate: 1.99% + 6 mēn. Euribor

    Find out more
  • 4th year guarantee

    Mercedes Benz CLA 180

    Price incl. VAT: 35 230 EUR
    Monthly payment: 299 EUR
    Rate: 1.99% + 6 mēn. Euribor

    Find out more
  • Save 1232 EUR

    HONDA CR-V 2,0 Comfort MT 2WD Y16

    Price incl. VAT: 23 030 EUR
    Monthly payment: 215 EUR
    Rate: 1.99% + 6 mēn. Euribor

    Find out more
  • New!

    Volvo V90 Cross Country D4 AWD Momentum MT6

    Price incl. VAT: 53 260 EUR
    Monthly payment: 498 EUR
    Rate: 1.99% + 6 mēn. Euribor

    Find out more

Step-by-step guide to taking out Car loan

  1. Apply for Car Loan by filling out the application via Internet Banking or at any branch. Filling out the application takes only a couple of minutes!
  2. After submitting the application you will be contacted by a bank employee.
  3. Sign the loan agreement via the Internet Banking site. The money will be transferred to your current account at Swedbank within a matter of minutes.
  4. Congratulations! Now you’re all set to get a new car. The car must be purchased within 30 days after receiving the loan and must be registered in your name with CSDD.
  5. Don’t forget to take out the MTPL and CASCO insurance.

Mandatory insurance of third-party liability of owners of motor vehicles ("MTPL") and car casualty and collision insurance ("CASCO") is provided by Swedbank P&C Insurance AS which is represented in Latvia by Swedbank P&C Insurance AS Latvian branch and the tied insurance agent Swedbank AS.

Step-by-step guide to taking out lease

  1. Apply for car leasing, find out whether you meet the leasing requirements. Filling out the application takes only a couple of minutes! Read more
  2. After submitting the application you will be contacted by a bank employee. Read more
  3. Get a valuation on the car. Read more
  4. Sign the leasing agreement and pay the down-payment invoice. Read more
  5. Re-register the car with Road Traffic Safety Directorate (CSDD). Read more

Mandatory insurance of third-party liability of owners of motor vehicles ("MTPL") and car casualty and collision insurance ("CASCO") is provided by Swedbank P&C Insurance AS which is represented in Latvia by Swedbank P&C Insurance AS Latvian branch and the tied insurance agent Swedbank AS.

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