Leasing

Nordea offers financial and operational car leasing for private customers.

Financial lease

• You choose the car leasing period
• The car value is covered with monthly installments
• At the end of the leasing period the car becomes your property

Operating lease

• You choose the car leasing period
• You pay rent during the leasing period that does not cover a full value of the car
• The Company shall return the car to the lessor after expiry of the lease term. The car shall be returned to the lessor or a repurchaser in a condition matching the state of its natural depreciation.
• You maintain the pre-emptive right for the car after the end of the leasing period
  

Steps to a new car

• You choose the car
• You submit necessary documents at any Nordea customer service unit or Nordea Finance Latvia office
• We revise the application and within one working day inform about the offer
• We prepare the leasing and purchase agreements, the invoice for the downpayment and flat fee, and also delivery acceptance deed
• Leasing and purchase agreements are signed
• You pay the downpayment and flat fee
• The vehicle is registered at Road Traffic Safety Directorate in the name of Nordea Finance and KASKO insurance policy is prepared
• Nordea Finance will help you to process documents for insurance policy
• You go to the car dealer for your car, sign the delivery acceptance deed and drive the chosen car
• The delivery acceptance deed is forwarded to Nordea Finance
• You receive installment invoices monthly by mail or electronically

Nordea Finance Latvia invites you to borrow responsibly and consider your capability to repay the lease funding.

A sample reflecting the total costs of a borrowed funding under the finance lease.