Swedbank Car Leasing Swedbank Lietuva
€6.50 % APR
- Min Rate: From 6.5% APR
- Max Term: 84 months
- Max Financing: Up to 85% of vehicle value
Compare Car Finance in Lithuania
Live offers across tracked providers in Lithuania — updated daily from the Giraffy database.
Live offers
3 live offers compared from 3 providers, from €6.50 % APR. Updated daily.
SEB Auto Loan SEB Lietuva
€6.90 % APR
- Min Rate: From 6.9% APR
- Max Term: 72 months
- Max Financing: Up to 80% of vehicle value
Luminor Car Finance Luminor Lithuania
€7.20 % APR
- Min Rate: From 7.2% APR
- Max Term: 72 months
- Max Financing: Up to 80% of vehicle value
What is Car Finance in Lithuania?
Car finance lets you spread the cost of a vehicle over time instead of paying the full price upfront. In Lithuania the main options are a car loan (auto paskola), where you borrow to buy and own the car outright, and leasing (lizingas), where you pay monthly to use the vehicle, often with an option to buy at the end. Both are widely offered by banks and specialist leasing arms of the major banking groups.
How the Lithuanian market works
Bank-owned leasing companies and consumer-credit providers dominate car finance, offering both new and used-car deals, sometimes arranged directly at the dealership. Leasing can be structured as finance leasing, ending in ownership, or operating leasing with lower payments and a return option. Interest is charged on the financed amount, and terms typically span a few years. Consumer-credit lending is regulated by the Bank of Lithuania under responsible-lending rules.
Benefits
Spread the cost — Finance turns a large purchase into manageable monthly payments.
Access to newer cars — Leasing lets you drive a newer or better vehicle for a lower monthly outlay.
Flexible structures — Choose a loan for outright ownership or leasing for lower payments and end-of-term options.
Dealer convenience — Finance can often be arranged on the spot when buying the car.
How to choose
Compare the annual interest rate and the total cost of credit, not just the monthly payment, since a longer term lowers instalments but raises total interest. Decide between a loan for ownership and leasing for flexibility, and check the down payment, any balloon or residual payment, and early-settlement terms. For leasing, confirm mileage limits and whether insurance is required or bundled. Read the responsible-lending affordability assessment carefully.
Leading providers in Lithuania
Swedbank Lietuva, SEB Lietuva and Luminor Lithuania all provide car loans and leasing through their consumer-finance and leasing arms, which are among the largest in the market. These bank-backed lenders offer financing for both new and used vehicles, frequently in partnership with dealerships. Specialist consumer-credit firms also operate, so comparing bank and non-bank offers on rate and terms is advisable.
What it costs
Car finance rates in Lithuania commonly fall in the region of about 6.5% to 7.2% annual interest for typical borrowers, though your rate depends on credit profile, term and down payment. On top of interest there may be arrangement fees, and leasing may require comprehensive KASKO insurance. A larger down payment or shorter term reduces total interest cost. Always compare the total cost of credit across offers.
Protections and regulation
Consumer car finance is regulated by the Bank of Lithuania under consumer-credit and responsible-lending rules, which require affordability checks and clear disclosure of the annual percentage rate and total cost. EU consumer-credit rules give borrowers pre-contract information and, for loans, withdrawal and early-repayment rights. Disputes can be raised with the lender or the Bank of Lithuania.
Common questions
Loan or leasing? — A loan gives outright ownership; leasing offers lower payments and end-of-term options. What rate should I expect? — Commonly around 6.5%–7.2%, depending on your profile and term. Do I need full insurance? — Leasing usually requires comprehensive KASKO cover. Can I settle early? — Yes, with early-repayment rights, though check any charges in the contract.
The cheapest Car Finance in Lithuania is €6.50 % APR from Swedbank Lietuva.
Car Finance in Lithuania — FAQ
What is the best car finance rate in Lithuania right now?
Giraffy tracks 3 car finance products across Swedbank Lietuva,SEB Lietuva,Luminor Lithuania lenders in Lithuania. The lowest APR tracked is currently €6.50 % APR. Compare by APR to find the most cost-effective way to finance your vehicle.
What types of vehicle finance are available?
Common vehicle finance types include hire purchase (you own the car at the end), personal loans (borrow the cash outright), dealer finance, and leasing (no ownership). Compare total cost of credit — not just monthly payments — to find the most affordable option.
What credit score do I need for car finance?
Most mainstream lenders require a fair to good credit score. Specialist lenders offer car finance to those with poor or limited credit history, but typically at higher APRs. Check your eligibility using a soft-search tool before applying to avoid unnecessary hard searches on your credit file.
Can I get car finance with bad credit?
Yes — specialist lenders offer car finance to borrowers with a poor credit history, but at higher interest rates. A larger deposit reduces risk for the lender and may secure you a better rate. Improving your credit score before applying is the most cost-effective long-term approach.
What fees should I watch for on a car finance deal?
Watch for origination fees, documentation fees, prepayment penalties, and GAP insurance charges. These can add significantly to the total cost of a car finance deal. Always compare total cost of credit — not just the monthly payment or headline APR.
Is it cheaper to get car finance through a dealer or directly with a lender?
Dealer car finance is convenient but not always the cheapest — dealers often earn commission on the finance package. Comparing independent lenders via Giraffy before visiting a showroom gives you a benchmark rate. Arriving with pre-approved car finance puts you in a stronger negotiating position.
What happens if I want to settle a car finance deal early?
Early settlement typically involves paying the outstanding capital plus a settlement fee (usually 1–2 months' interest). Check the specific early repayment terms in your agreement before settling early.