Car leasing terms

Leasing object: new or used car or van, which is not older than 9 years after the end of the leasing period.

Seller of the leasing object:  car seller must be a legal entity or private person.

Leasing period: 12-60 months

First payment: 10% - 20%

Interest rate: fixed or floating

Minimal financed amount: LVL 3500

Currency of the deal: LVL or EUR

Flat fee: up to 1.5% of the Leased Object’s price + VAT (min. LVL 100 + VAT)

Application reviewed: 1 working day

Documents to be submitted: 

• Filled car leasing application for a private person
• Income information
      - SRS note with income information (in case of financial leasing if car price exceeds or even-up 20 000 LVL)
      - Employee’s note about the average earning for the last six month
      - Acknowledgement of other income
• Valuation, if car is used (list of estimators)
• Copy of the passport
• Offer/invoice from the seller

Leasing application forms can be submitted:

• At any Nordea customer service unit or Nordea Finance Latvia office in Krisjana Valdemara Street 62, Riga
• By fax: 67 005 482
• At Nordea netbank under Tab Applications