Assuming that consumer purchases a car for EUR 36 000.00, incl. VAT 21 %, financial lease period is 5 years (60 months), down payment is EUR 3 600.00, i.e. 10 %, commission fee for agreement preparation is EUR 540.00 and annual leasing interest rate is 1.99 % fixed, total payment amount is EUR 35 275.68, incl. VAT 21 %, with a monthly payment of EUR 413.52. The annual percentage rate is 2.51 %. The customer is obliged to provide CASCO insurance for the car. The example is informative.
Leasing service is provided by Luminor Līzings SIA.