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Leasing

Electric car at a great rate from 1.49% + 3 month EURIBOR.

Leasing Portal Find out your options

Personalized interest

Fill an application and we will make you a personal offer

Down payment from 10%

Lease period up to 7 years

Financing from 10 000 EUR

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

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Leasing portal

Check your applications, active agreements and apply for new leasing.

Log in

Choose your method of financing

Finance lease
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 10 000 EUR and up*
from 10 000 EUR and up*
Annual interest rate
from 2,40% + 3 month EURIBOR
from 2,40% + 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

Finance lease
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 10 000 EUR and up*

Annual interest rate

from 2,40% + 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 10 000 EUR and up*

Annual interest rate

from 2,40% + 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 8.23% 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 (31.03.2024 3-month Euribor rate was 3.892%; the rate set out in your agreement may change every 3 months; negative Euribor equals to zero); the total sum of the credit 18 910.27 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 before entering into any agreement and if necessary, to consult a specialist.
*If you want to buy a car where the amount to be financed is less than 10,000 EUR, then apply for a car loan.

Citadele Leasing and partners special offers

Electric car at a great rate

Interest rate from 1.49% + 3 month EURIBOR

New Skoda cars

Down payment from 0%

Electric car at a great rate

Interest rate from 1.49% + 3 month EURIBOR

New Skoda cars

Down payment from 0%

How does EURIBOR impact finance leae 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

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
icon

Fill in an application

through the online bank or website
icon

Offer

we will make you a personal leasing offer
icon

Sign a contract

and make the down payment
icon

Register your vehicle

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

Specialists

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 Howden Kindlustusmaakler OÜ.

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 become the owner of the leased object after the final payment. During the leasing period, the entire cost of the leased object will be paid in monthly installments.

Operating leasing is suitable if you want to use a leased object for a certain amount of time and aren’t sure whether you wish to keep it. At the end of the lease period, you will be able to choose whether to return the object, sell it to third oarty or purchase it for the remaining value.

Where should I submit copy of CASCO insurance policy?

Use Leasing portal to submit CASCO insurance policy digitally or send copy of policy to kindlustus@citadeleleasing.ee.

Does object of leasing need insurance?

The object of leasing must be insured with casco/property and traffic insurance (if required by the law) for the entire period of the lease. 

At your request, our partner, Howden Kindlustusmaakler OÜ, will make you a casco, prorerty and/or traffic insurance offer.

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.

How does the increase in value-added tax (VAT) affect my lease agreement concluded until December 31, 2023?

Starting from January 1, 2024, the VAT rate in Estonia is 22%, instead of the previous 20%. 

For finance lease agreements, there will be no changes in the payments due to the increase in VAT if the selling price of the leased object has been paid to the seller and the leased object has been handed over to you by December 31, 2023. 

Regarding operating lease agreements, the application of the new VAT rate depends on the moment of contract conclusion. 
If the operating lease agreement is concluded until April 30, 2023, the old VAT rate of 20% will be added to the installments (principal payments) until December 31, 2025, and the new VAT rate of 22% will apply to such agreements starting from January 1, 2026. 
If your operating lease agreement is concluded from May 1, 2023, the new VAT rate of 22% will be added to the operating lease installments (principal payments) immediately from January 1, 2024. 

When purchasing the leased object (e.g., a vehicle) of an operating lease agreement, the new VAT rate of 22% will be added from January 1, 2024.

You can find all the details of your lease agreement in the leasing portal.

Can a lease agreement be terminated early?

Yes, lease agreement can be terminated early.

In this case, leased object is bought out by the lessee or sold to a third party.

To receive final invoice, please send us your request to liising@citadele.ee. 

Invoice will be prepared within 1 working day.

After payment of the final invoice, leasing initiates the change of ownership in the e-service of the Transport Administration in the name of the buyer within two working days.

A service fee might be charged in accordance with the price list:

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

Financial leasing will be most suitable if you want to become the owner of the leased object after the final payment. During the leasing period, the entire cost of the leased object will be paid in monthly installments.

Operating leasing is suitable if you want to use a leased object for a certain amount of time and aren’t sure whether you wish to keep it. At the end of the lease period, you will be able to choose whether to return the object, sell it to third oarty or purchase it for the remaining value.

Where should I submit copy of CASCO insurance policy?

Use Leasing portal to submit CASCO insurance policy digitally or send copy of policy to kindlustus@citadeleleasing.ee.

Does object of leasing need insurance?

The object of leasing must be insured with casco/property and traffic insurance (if required by the law) for the entire period of the lease. 

At your request, our partner, Howden Kindlustusmaakler OÜ, will make you a casco, prorerty and/or traffic insurance offer.

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.

How does the increase in value-added tax (VAT) affect my lease agreement concluded until December 31, 2023?

Starting from January 1, 2024, the VAT rate in Estonia is 22%, instead of the previous 20%. 

For finance lease agreements, there will be no changes in the payments due to the increase in VAT if the selling price of the leased object has been paid to the seller and the leased object has been handed over to you by December 31, 2023. 

Regarding operating lease agreements, the application of the new VAT rate depends on the moment of contract conclusion. 
If the operating lease agreement is concluded until April 30, 2023, the old VAT rate of 20% will be added to the installments (principal payments) until December 31, 2025, and the new VAT rate of 22% will apply to such agreements starting from January 1, 2026. 
If your operating lease agreement is concluded from May 1, 2023, the new VAT rate of 22% will be added to the operating lease installments (principal payments) immediately from January 1, 2024. 

When purchasing the leased object (e.g., a vehicle) of an operating lease agreement, the new VAT rate of 22% will be added from January 1, 2024.

You can find all the details of your lease agreement in the leasing portal.

Can a lease agreement be terminated early?

Yes, lease agreement can be terminated early.

In this case, leased object is bought out by the lessee or sold to a third party.

To receive final invoice, please send us your request to liising@citadele.ee. 

Invoice will be prepared within 1 working day.

After payment of the final invoice, leasing initiates the change of ownership in the e-service of the Transport Administration in the name of the buyer within two working days.

A service fee might be charged in accordance with the price list:

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