Car leasing – a faster way to your new car

Car leasing – a faster way to your new car

  • For purchasing new or used car
  • Fill out the application and receive a response within one working day
  • Favorable conditions even if you are not a Luminor customer

Interest rate from 1.89 %

Funding from EUR 8000

Funding up to 90 % of the car value

Leasing for acquisition of new and used cars

Terms and conditions

  • Interest rate – from 2.19 %, for environmentally friendly cars – from 1.89 %
  • Agreement fee – 1 % of the car price (but not less than EUR 200)
  • The term of the leasing is up to 7 years
  • At the end of the leasing agreement term, the age of the car should not exceed 13 years
  • Down payment – from 10 % of the car value
  • KASKO insurance is mandatory throughout the validity period of the agreement
  • Car must be registered in the name of Luminor Lizingas UAB
  • To use the leasing service, you must be at least 21 years old
Representative example. Assuming that the price of a car selected by the consumer is EUR 20,000, financial lease period is 5 years (60 months), down payment is EUR  4,000, i.e., 20 %, administration fee for preparation of the agreement is EUR 200 and the leasing interest rate is 2.95 % + 3 month EURIBOR (not less than 0 %), the total payment amount paid by the lessee is EUR 17,428.40, the annual rate of the total consumer credit price is 3.51 %, monthly payment is EUR 287.14. The example is informative. The car must be insured with CASCO insurance, at the expense of the consumer, with an insurance undertaking acceptable to Luminor Lizingas UAB (the insurance costs are not included in annual rate of the total consumer credit price).

Accepted insurance companies

Insurance companies accepted by Luminor across Baltics

Luminor across Baltics accepts insurance contracts issued by following companies and their branch offices:

  • Lietuvos draudimas AB (incl. PZU Kindlustus as AB “Lietuvos draudimas “Eesti filial)
  • AAS BALTA
  • If P&C Insurance AS
  • ERGO Insurance SE
  • Seesam Insurance AS
  • ADB Gjensidige
  • Compensa Vienna Insurance Group ADB
  • AAS BTA Baltic Insurance Company
  • Swedbank P&C Insurance AS

Insurance companies accepted by Luminor with conditions

Following insurance companies are accepted with conditions:

Insurance company Location/market Accepted insurance lines Value limit (incl. VAT) for object
SALVA Estonia only All No limit
BAN Latvia only All No limit
BALCIA Lithuania only MOD1 No limit 
1MOD/ KASKO/ CASCO

Do not forget the documents

  • Filled-out leasing application
  • Car dealer’s offer
  • Passport or personal identity card. If you are married, bring your spouse with you
  • If other documents are required, we will let you know

Get your own car

Similar products: Car loan

Choose the right solution for you

  Car loan Leasing
Down payment Not needed Starting from 10%
Loan amount From EUR 2000 to EUR 20000 From EUR 8000
Used car valuation - Mandatory
Interest rate Starting from 9% Starting from 1.89% 
Car age limit - Not older than 13 years at the end of the lease
KASKO insurance - Mandatory
Ownership On customers name On Luminor Lizingas name