https://www.citadele.ee/en/private/leasing

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  1. Private customers
  2. Car leasing

Leasing

Turn on the green light! Take a chance to get your vehicle in a short time and on favorable terms.

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Apply Find out your options
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Personalized interest

Fill an application and we will make you a personal offer

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Down payment from 10%

Lease period up to 7 years

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Financing from 5,000 EUR

The age of the car at the end of the lease term is up to 15 years

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Electric car at a great rate from 1.49%

  • Financial or operating lease (car rental).
  • Interest rate from 1.49%.
  • Leasing term up to 72 months.
Apply

Choose your method of financing

Financial leasing
A method of leasing whereby the customer pays the entire value of the vehicle in monthly installments, after which they become the owner of the vehicle.

Operating leasing
A method of leasing which is essentially a long-term hire. During the contract, the customer does not purchase the vehicle in full. Rather, the vehicle is given to the customer to use for a set amount of time, and for no more than 6 years.

Smallest monthly payment
Smallest monthly payment

Monthly payment 352.19 EUR
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Monthly payment 267.29 EUR
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Repayment schedule Repayment schedule
Financing amount
from 5,000 EUR and up
from 5,000 EUR and up
Annual interest rate
from 3,20% + 3 month EURIBOR
from 3,20% + 3 month EURIBOR
Commission fee
1% of the vehicle price, min. 190 EUR
1% of the vehicle price, min. 190 EUR
Age of car
No older than 15 years at the end of the leasing term
No older than 15 years at the end of the leasing term
Valuation
If the seller of the vehicle is not a cooperation partner of Citadele Leasing, a valuation of the vehicle is required
Approved appraisers
If the seller of the vehicle is not a cooperation partner of Citadele Leasing, a valuation of the vehicle is required
Approved appraisers
Requirements for the applicant
Net monthly income at least 800 EUR
Net monthly income at least 800 EUR
CASCO
is required
is required

Financial leasing
A method of leasing whereby the customer pays the entire value of the vehicle in monthly installments, after which they become the owner of the vehicle.

Smallest monthly payment
Monthly payment 352.19 EUR
Repayment schedule Apply

Financing amount

from 5,000 EUR and up

Annual interest rate

from 3,20% + 3 month EURIBOR

Commission fee

1% of the vehicle price, min. 190 EUR

Age of car

No older than 15 years at the end of the leasing term

Valuation

If the seller of the vehicle is not a cooperation partner of Citadele Leasing, a valuation of the vehicle is required
Approved appraisers

Requirements for the applicant

Net monthly income at least 800 EUR

CASCO

is required

Operating leasing
A method of leasing which is essentially a long-term hire. During the contract, the customer does not purchase the vehicle in full. Rather, the vehicle is given to the customer to use for a set amount of time, and for no more than 6 years.

Smallest monthly payment
Monthly payment 267.29 EUR
Repayment schedule Apply

Financing amount

from 5,000 EUR and up

Annual interest rate

from 3,20% + 3 month EURIBOR

Commission fee

1% of the vehicle price, min. 190 EUR

Age of car

No older than 15 years at the end of the leasing term

Valuation

If the seller of the vehicle is not a cooperation partner of Citadele Leasing, a valuation of the vehicle is required
Approved appraisers

Requirements for the applicant

Net monthly income at least 800 EUR

CASCO

is required

The calculation is approximate and may differ from the conditions offered to the customer.

The financial service provider is the Estonian branch of SIA Citadele Leasing (entered in the list of creditors under number 4.1-1 / 81), address Narva mnt 63/1, Tallinn 10120. The annual percentage rate is 6.54% on the following example conditions: purchase amount 21 149.00 EUR (with VAT); down payment 15%; residual value 30%; the sum of the credit 17 976.65 EUR (with VAT); contract period 60 month; number of repayments 61; contract fee 190 EUR; floating interest rate 3.50% per annum + 3 months' Euribor (31.03.2023 3-month Euribor rate was 3.038%; the rate set out in your agreement may change every 3 months; negative Euribor equals to zero); the total sum of the credit 18 484.03 EUR; the sum of repayments 18 294.03 EUR. A motor third party liability insurance contract and CASCO insurance contract need to be concluded. Please examine carefully the terms and conditions of the service on our webpage https://www.citadeleleasing.ee/en/private/docs/ before entering into any agreement and if necessary, to consult a specialist.

How does EURIBOR impact financial leasing and operative leasing payments?

  • EURIBOR (European Interbank Offered Rate) is the average European interbank rate for a set period. An interest rate is comprised of a fixed part and a variable part, which is the EURIBOR rate. Citadele offers its customers a three- or six-month EURIBOR rate. This means that the variable part of the interest rate is fixed for a period of three or six months. If the EURIBOR rate increases within those three or six months, then your leasing payment will also increase.
  • Considering these changes to interest rates and monthly payments, it is important to evaluate whether you will be able to fulfil your obligations if your monthly payment increases. For example, if the loan amount is 30,000 EUR, an overall interest rate increase of 1 % means that the monthly interest payment will increase by around 26 Euro (around 255 Euro per year.) The larger the loan amount, the greater the impact of interest rate changes on your monthly payment.
  • If you already have a leasing agreement or you wish to sign a new agreement, you can calculate the impact of rate increases on your monthly payment in our leasing calculator.
EURIBOR rate
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4 simple steps towards your own car

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Fill in an application

through the online bank or website
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Offer

we will make you a personal leasing offer
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Sign a contract

and make the down payment
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Register your vehicle

in the name of Citadele Leasing and conclude the necessary insurance contracts
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Fill in an application

through the online bank or website
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Offer

we will make you a personal leasing offer
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Sign a contract

and make the down payment
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Register your vehicle

in the name of Citadele Leasing and conclude the necessary insurance contracts

How can we help you?

For sale

All vehicles

Looking for a new car?

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When you purchase a vehicle from our auto partners, you will receive a valuable consultation in leasing matter.

List of auto leasing partners
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CASCO insurance for your car

  • Possibility to pay insurance premiums in monthly installments.
  • Helps you find the best insurance provider.
  • Professional assistance in case of insured events.
  • Insurance for the entire leasing period.
Insurance offer

Insurance partner of SIA Citadele Leasing Estonian branch is Smart Kindlustusmaakler AS.

Didn’t find the answer to your question?

Visit our interactive assistant and find the information you need

Interactive assistant
What is the difference between operational leasing and financial leasing?

Financial leasing will be most suitable if you want to own your car. Monthly payments, compared with an operating lease, will be higher, however, the car will be yours after the final payment. 

Operating leasing is suitable if you want to use a car for a certain amount of time and aren’t sure whether you wish to keep it. Monthly payments, compared with financial leasing, will be smaller. At the end of the lease period, you will be able to choose whether to return the car or purchase it for the remaining value.

Where should I submit copy of CASCO insurance policy?

Please send copy of  CASCO insurance policy to kindlustus@citadeleleasing.ee.

How long does it take to find out if I can get leasing?

Citadele leasing provides an answer on financing opportunities within 2 business days after receiving all documents necessary for the evaluation of the transaction.

If you are a natural person, we recommend that you find out your personal leasing limit by logging in and filling in the application here.

What costs do I have to take into account when concluding a leasing agreement?

Initial costs that you have to take into account when concluding a leasing transaction: down payment, agreement fee, car appraisal (if a used car is purchased), car registration with the Traffic Register Bureau of the Transport Administration, CASCO and traffic insurance. In the following period - monthly leasing payments, insurance, fuel and car maintenance costs.

What is financed by Citadele Leasing?

Citadele Leasing finances purchase of cars, motor vehicles, commercial vehicles, various types of machinery and equipment. The leasing object can be new or second hand.

Does a car in leasing need insurance?

The object of leasing must be insured with CASCO and traffic insurance for the entire period of the lease. 

At your request, our partner, Smart Kindlustusmaakler AS, will make you a CASCO and traffic insurance offer.

Where can I see what the rate is for my leasing agreement?

In general, the rate in your leasing/rental agreement is made up of a fixed rate and the EURIBOR rate or variable rate (base rate). The frequency and date of changes to your variable (EURIBOR) rate is set out in your rental/leasing agreement. You can keep up with your updated monthly invoices and payment schedule in the emails we regularly send to the email address in your agreement. Private customers can also conveniently see their monthly invoices from Citadele Leasing in the Leasing Portal. Please bear in mind that the repayment schedule we send to your email address is for your information only, and does not reflect potential fees for missed payments and other additional fees in accordance with the agreement.

More questions
What is the difference between operational leasing and financial leasing?

Financial leasing will be most suitable if you want to own your car. Monthly payments, compared with an operating lease, will be higher, however, the car will be yours after the final payment. 

Operating leasing is suitable if you want to use a car for a certain amount of time and aren’t sure whether you wish to keep it. Monthly payments, compared with financial leasing, will be smaller. At the end of the lease period, you will be able to choose whether to return the car or purchase it for the remaining value.

Where should I submit copy of CASCO insurance policy?

Please send copy of  CASCO insurance policy to kindlustus@citadeleleasing.ee.

How long does it take to find out if I can get leasing?

Citadele leasing provides an answer on financing opportunities within 2 business days after receiving all documents necessary for the evaluation of the transaction.

If you are a natural person, we recommend that you find out your personal leasing limit by logging in and filling in the application here.

What costs do I have to take into account when concluding a leasing agreement?

Initial costs that you have to take into account when concluding a leasing transaction: down payment, agreement fee, car appraisal (if a used car is purchased), car registration with the Traffic Register Bureau of the Transport Administration, CASCO and traffic insurance. In the following period - monthly leasing payments, insurance, fuel and car maintenance costs.

What is financed by Citadele Leasing?

Citadele Leasing finances purchase of cars, motor vehicles, commercial vehicles, various types of machinery and equipment. The leasing object can be new or second hand.

Does a car in leasing need insurance?

The object of leasing must be insured with CASCO and traffic insurance for the entire period of the lease. 

At your request, our partner, Smart Kindlustusmaakler AS, will make you a CASCO and traffic insurance offer.

Where can I see what the rate is for my leasing agreement?

In general, the rate in your leasing/rental agreement is made up of a fixed rate and the EURIBOR rate or variable rate (base rate). The frequency and date of changes to your variable (EURIBOR) rate is set out in your rental/leasing agreement. You can keep up with your updated monthly invoices and payment schedule in the emails we regularly send to the email address in your agreement. Private customers can also conveniently see their monthly invoices from Citadele Leasing in the Leasing Portal. Please bear in mind that the repayment schedule we send to your email address is for your information only, and does not reflect potential fees for missed payments and other additional fees in accordance with the agreement.

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