Car leasing	Apply Fees

Operational leasing

Operational leasing means that the car is transferred into your use for a determined time period, within which you will have to pay the amortization (depreciation) value of the car.

When the Agreement expires, you will have a possibility to choose whether to return the car to the back-buyer (as agreed on upon conclusion of the agreement) or to buy out the car or transfer the redemption right to another person.  

Usually the following are chosen

Operational leasing is usually chosen by legal entities who find an as possibly small monthly payment very important and who want to make cash flow easier for their business.

What to do if your operating lease contract is about to run out
Guidelines for Determining Vehicle’s Normal Wear

Financial leasing

Financial leasing means that within the lease period you gradually cover the value of the car by monthly payments and become the owner of the car at the end of the lease period.

Usually the following are chosen

Financial leasing is usually chosen by legal entities who want to own the car and to use it for a long time.

Full-Service Leasing for companies

This service allows to finance the purchase, meanwhile also enjoying services related to car maintenance such as insurance (CASCO, mandatory third-party liability insurance), technical maintenance and repairs, tyre replacement and storage at warehouse, 24-hour emergency service, etc. The client agrees with the leasing company on the additional services and the costs of such services are distributed evenly over the leasing period and added to monthly payments. More information

You can apply for and receive car leasing

Offers for pre-owned and new cars are available in the www.lizings.lv catalogue.
Car lease can be formalized at any Swedbank branch in Latvia, plus down payments on used cars from the www.lizings.lv catalogue start at 5%.